Nigeria
Nigeria’s inflation rises to 12.26% in March – NBS
Inflation rate in Nigeria rose to 12.26 percent in March from the 12.20 percent recorded in February, 2020. The consumer...
Read more
After N810bn gain, stock market records marginal loss
Transactions on the floor of the Nigerian Stock Exchange on Monday recorded a marginal loss to commence the weekly trading...
Read more
FG Apologises for Protocol Lapses at Abba Kyari’s Burial
•Says end of COVID-19 still far •Develops draft for new action plan against scourge •Cases now 665 with 188 discharged,...
Read more
Local airlines in dire straits as losses hit N360 billion
The current restriction of both local and foreign commercial flight services has forced domestic carriers into financial distress as cumulative...
Read more
ABCON urges CBN on special window to boost capital inflow
The Association of Bureaux De Change Operators of Nigeria (ABCON) has advised the Central Bank of Nigeria (CBN) to establish...
Read more
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 moreConcerns 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
Business CEOs seek tax relief, zero-interest loans
Many Nigerian businesses are seeking tax relief and low-interest or zero-interest loans from the government to help them cope with...
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
Private sector raises N25.893bn to support COVID-19 fight
The Private Sector Coalition Against COVID-19, a special purpose vehicle created by the Central Bank of Nigeria (CBN) to mobilise...
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
Investors’ wealth soars by 7.19% despite rising COVID-19 cases
Despite one day public holiday declared by the Federal government last week Monday to mark the Easter celebration, in addition...
Read more
VIPs, hospitals’ disregard for NCDC rules worries govt
• FG threatens to close private hospitals treating the rich, others • Patients’ refusal to disclose travel history endangers our...
Read more
FIRS Revises Q1 Revenue Collections to N1.20tn
Federal Inland Revenue Service (FIRS) yesterday revised its total collections for the first quarter (Q1) of 2020) from N1.11 trillion...
Read more
Banks recorded N11.44tn online payments in March
Bank customers carried out a total of N11.44tn worth of financial transactions on the Point of Sales and Instant payment...
Read moreFG, oil marketers disagree over petrol pricing regime
Efforts by the Federal Government to tinker with the petrol pricing regime by option for pricing modulation may trigger a...
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
Flour Mills redeems N1b pledge
Flour Mills of Nigeria (FMN) Plc announced on Thursday that it has activated its action plan to support the Federal...
Read more
NSE Hosts First Digital Closing Gong Ceremony, Commits to Access to Market
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, yesterday restated the Exchange’s commitment to providing...
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
FG to Raise N60bn through Bond Auction
The Debt Management Office (DMO) on behalf of the federal government is set to raise N60 billion through the FGN...
Read more
Sanwo-Olu approves three-month moratorium on MSMES N2.8b loan
The three months moratorium on loans to Micro, Small and Medium Enterprises (MSMEs) granted by Lagos State Governor Babajide Sanwo-Olu...
Read more
‘Nigeria, others facing unprecedented threat to trade, development’
Nigeria and other sub-Saharan African (SSA) countries are facing an unprecedented health and economic crisis that threatens to throw the...
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
Powered by Agusto & Co.