Latest
Brent crude crashes to $25, US oil falls below $1
The international oil benchmark, Brent crude, fell to $26 per barrel on Monday, as the demand collapse triggered by the...
Read more
Concerns Mount as COVID-19 Cases Rise Sharply by 86 to 627
•170 discharged, 21 dead •Private sector coalition to distribute N23bn food to 10m Nigerians •To unveil strategies to defeat pandemic...
Read more
Petrol subsidy removal, a game-changer — LCCI
The Lagos Chamber of Commerce and Industry has said the decision by the Nigerian National Petroleum Corporation to put an...
Read more
Nigeria, others need $114bn to fight COVID-19, says IMF
Nigeria and other African countries need an estimated $114bn to fund the campaign against the outbreak of the coronavirus disease...
Read more
Africa Prudential’s profit drops by 10.4% to N341.8m in Q1
Africa Prudential Plc witnessed a contraction in earnings during the first quarter as the share registration company struggled with declining...
Read more
OPEC expects recovery in Q4, fall in demand to 19.73 mil b/d in Q2
OPEC is banking on global oil demand recovering by more than 10 million b/d from the second quarter to the...
Read more
Lockdown: Stock market gains N28bn in two weeks
Shareholders of quoted firms on the floor of the Nigerian Stock Exchange recorded a gain of N28bn during the first...
Read more
IMF to Nigeria: deploy $3.5b loan to healthcare, education funding
The International Monetary Fund (IMF) has advised Nigeria to deploy the $3.5 billion emergency loan being processed for the country...
Read more
WTO Predicts 32% Plunge in Global Trade in 2020
World trade is expected to fall by between 13 per cent and 32 per cent in 2020 as the COVID-...
Read more
Buhari Excited as EU Donates N21bn to Nigeria
The European Union (EU) yesterday donated €50 million, an equivalent of N21 billion, to support Nigeria’s fight against COVID-19 to...
Read more
Buhari, task force meet today over nationwide lockdown
We’ve collected data for possible lockdown in all states – PTF Lagos begins house-to-house search for COVID-19 suspects Nigeria’s cases...
Read more
Agusto Anticipates Drop in Banks’ Profitability
The Founder, Agusto & Co, Mr. Bode Agusto, has predicted that Nigerian banking industry profitability will drop in 2020, following...
Read more
Allaying Fears of Purported 5G Link with COVID-19
Palpable fear gripped Nigerians last week, when unverified news on the purported 5G link with Coronavirus also known as COVID-19,...
Read more
Lafarge Africa Shareholders to Receive 100k Dividend as Firm Returns to Profitability
Shareholders of Lafarge Africa Plc are to receive a dividend of 100 kobo per share for the 2019 financial year,...
Read moreOPEC+ mulls three-month output cut as oil hits $33
Countries belonging to the OPEC+ group are discussing the idea to implement oil production cuts for at least three months...
Read more
Fire razes parts of Nigeria’s Treasury House
Parts of Nigeria’s Treasury House which houses the office of the accountant general of the federation in Abuja on Wednesday...
Read more
World Health Day: WHO pays tribute to health workers battling COVID-19
The World Health Organisation (WHO) Regional Office for Africa in Brazzaville, Congo, has paid tribute to all healthcare workers battling...
Read more
Boris Johnson Receives Oxygen Support in Intensive Care
British Prime Minister Boris Johnson has been receiving oxygen treatment for coronavirus in intensive care, a senior member of the...
Read more
Nigeria to borrow $6.9bn from World Bank, IMF, AfDB
The Federal Government is to raise the sum of $6.9bn through external borrowing from the World Bank, the International Monetary...
Read more
NNPC: no more payment of oil subsidy
GROUP Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said Nigeria would no longer pay...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
Powered by Agusto & Co.