Oil falls to $32 as OPEC+ postpones meeting
The international oil benchmark, Brent crude, fell on Monday after Saudi Arabia and Russia postponed a meeting to discuss output...
Persistent sell-off drags index further by 2.02 per cent
Transactions in the equities sector of the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, as the All Share...
Diesel, kerosene prices fail to drop despite oil crash
The pump prices of diesel and kerosene in Nigeria have yet to reflect the collapse of global crude oil prices...
AfDB Lists $3bn Social Bond on LSE
The African Development Bank’s (AfDB) “Fight Covid-19” social bond, the largest social bond to date to be issued in the...
Stanbic IBTC to convert N21b cash to scrip at N24.79 per share
Stanbic IBTC Holdings Plc has indicated that a conversion price of N24.79 per share for any shareholder that elects to...
Report Forecasts 20% Drop in Diaspora Remittances
A Pan-African credit rating agency, Agusto & Co, has predicted a 20 per cent drop in Diaspora remittances to Nigeria...
Banks review card spending abroad as dollar earnings dip
BANKS are adjusting the value and volume of transactions customers can do with their debit cards abroad as Nigeria’s dollar...
FBNQuest assets under management hit N220b
FBNQuest Asset Management, a subsidiary of FBN Holdings, has offered investors expert guidance on investing opportunities. The firm, which has...
Equity market extends weekly downtrend by 3.51%
Following rising cases of coronavirus in Nigeria, the domestic bourse on Friday recorded further extended weekly decline as the NSE...
COVID-19: Foreigners leaving Nigeria to use their health facilities – Minister
Foreign citizens are being evacuated from Nigeria because they are more familiar with the health systems in their countries, says...
Chinese Group Donates Materials to Bauchi to Curtail Spread of COVID-19
A Chinese group, Mutual Commitment Group (MCG), has donated medical protection materials to the Bauchi State Government to support the...
Mixed reactions over epileptic power supply during lockdown
• Technical Hitches Ground SO Website, TCN Restores Platform • ‘We Cancelled Wedding, Restrict Guests To Beat Lockdown’ Some...
COVID-19: UN donates medical equipment to Nigeria
The United Nations has donated €80,000 (N32.5m) worth of medical equipment and supplies to Nigeria to assist in the fight...
COVID-19: FRSC Orders Transport Operators to Use Manifest
In its bid to mitigate the spread of corona virus amongst passengers, the Federal Road Safety Corps has ordered all...
Contributions to COVID-19 relief fund hit N19.4bn — CBN
Monetary contributions to the account set up at the Central Bank of Nigeria under the Private Sector Coalition Against COVID-19...
COVID-19: Lagos, Edo Record First Deaths, Cases Rise to 210
•FG threatens to extend lockdown •Chinese medical team on the way to Nigeria •Over 4000 Britons seek evacuation •Onyeama: No...
Reprieve for Nigeria as oil stays above $31 on hopes of OPEC+ meeting Monday
Oil is trading above $31 a barrel in London Friday, reversing earlier declines, as OPEC+ scheduled an urgent meeting next...
Foreign reserves shed $3.02bn in three months
The country’s foreign reserves have continued its downward trend dropping by $3.02bn from $38.53bn on January 2, 2020 to $35.51bn...
Nigeria, others witness slow Internet speed as submarine cable cuts
Subscribers, especially data customers may experience service disruptions, slow speeds, among other challenges as a result of damages to a...
COVID-19: Govt finds 3,550 contacts, concern as cases reach 190
• Osun Cote d’Ivore returnees’ patients rise to 18 • Lagos discharges 11 patients • 248 on self-isolation in Oyo...
Coronavirus: Osinbajo inaugurates economic committee
Vice President Yemi Osinbajo has inaugurated the Federal government Economic Sustainability Committee focused on developing sustainable response to the economic...
Covid-19: NAICOM Extends Deadline For Submission Of Q1 Returns, Offers Palliative To Insurers
Taking into cognisance the spread of the dreaded coronavirus tagged covid-19, the National Insurance Commission (NAICOM) has extended the deadline...
SEC insists disclosures must go on despite Covid-19
Securities and Exchange Commission, (SEC) has reiterated that all public companies must continue to make appropriate disclosures regardless of the...
FirstBank donates N1b against COVID-19
FirstBank Plc has announced its donation of N1 billion towards the joint effort by the Nigerian Private Sector Coalition Against...
ILO to G20: support workers, jobs
The Director-General, International Labour Organisation (ILO), Guy Ryder, has called on G20 countries to protect people, jobs, income and enterprises...
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