Nigeria
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Consolidated Hallmark Insurance Posts 48% Growth in Profit to N600m
Consolidated Hallmark Insurance Plc (CHI Plc) has recorded a growth of 48 per cent in profit after tax (PAT) for...
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Large-cap stocks lift equities to N10b gain
Nigerian equities staged a modest recovery yesterday as large-cap stocks in industrial and food manufacturing sectors rallied the overall market...
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Marketers give terms for selling petrol at N123.50k
• Govt must make them comply, says chamber • ‘Nigeria earns $32.63b from oil, gas in 2018’ The Independent...
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Oil price falls to $24, oversupply fears grow
The international oil price benchmark, Brent crude, slid further on Wednesday, as a bigger-than-expected rise in United States inventories and...
Read moreCBN Offers N95.681bn TBills, Records 59% Oversubscription
The Central Bank of Nigeria (CBN) offered a total of N95.681 billion debt instrument at its Nigerian Treasury Bills Primary...
Read moreSEC Activates Business Continuity Process for Capital Market Operations
In compliance with the federal government’s directives on the restriction of movements in Lagos and Ogun States as well as...
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Local airline loses N2.1 billion in three weeks
A major local airline has lost as much as N2.1 billion in the last three weeks over flight disruption occasioned...
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COVID-19: Status of 20 Nigerian governors unknown
3 test positive, 13 negative 39 ministers silent It’s a moral burden to declare – Lawyers CSOs react The COVID-19...
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FG reviews lockdown as COVID-19 cases rise by 35
The Federal Government has relaxed total lockdown it imposed on the Federal Capital Territory, Lagos and Ogun states to curb...
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Nigeria’s total public debt rises to N27.4tn –DMO
The Federal Government and the 36 states, as well as the Federal Capital Territory, owed a total N27.4tn as of...
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Stock market index sustains sliding profile, down by 0.94 per cent
Transactions on the Nigerian Stock Exchange (NSE) sustained sliding profile yesterday, following losses by most blue-chip stocks, causing the All-Share...
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NSE to sustain trading operations remotely – Onyema
The Nigerian Stock Exchange (NSE) has said it will continue to work remotely following the 14 days complete lockdown declared...
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SMEDAN Grants Three Months Moratorium to Loan Beneficiaries
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has granted a three-month moratorium to beneficiaries of its One...
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Nigeria records 23 new cases of COVID-19, total now 174
Nigeria has recorded 23 new cases of coronavirus, bringing the total number of infections in the country to 174. The...
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Redstar Express Raises N1.34 Billion to Boost Operations
Red Star Express Plc has successfully raised N1.347 billion from existing shareholders through the rights issue of 336,855,291 shares of...
Read moreSEC begins new investors’ identification regime
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), will on April 1, begin enforcement of a new investors’...
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Coronavirus: CBN slashes interest rates on intervention funds to 5%
The Central Bank of Nigeria (CBN) has dropped interest rates on all its intervention funds from 9 percent to 5...
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