World Economic Forum WEF, has said that as the COVID-19 crisis accelerates dependency on technologically-enabled economic processes, it is also exacerbating cyber-risks.…
Business News Report
-
-
(Reuters) – The World Bank has approved a $1 billion loan for Kenya to help it close a gaping budget deficit and…
-
By Ifesinachi Okpagu & Somachi Chris-Asoluka, Tony Elumelu Foundation As of May 19, over 88,000 people in Africa have reportedly been infected…
-
International Monetary Fund has said that global governments support for the war against COVID-19 now stand at a total of about $9…
-
The Edo State Government has commenced evaluation exercise for top bidders for the provision of Transaction Advisory (TA) Services for the Benin…
-
Today, the equities market sustained its bullish streak, closing 103bps higher to close at 24,452.23 points following buying interest in DANGCEM (+1.7%), ZENITH (+4.1%) and BUACEMENT (+1.9%).…
-
As Nigeria continues the process of full reopening of its economy due to the lockdown over the Corona Virus (COVID-19), the Governor,…
-
The All-Share Index (ASI) closed higher today by 109bps to close at 24,202.87 points following buying interest in DANGCEM (+2.8%), GUARANTY (+2.4%) and ZENITH (+2.3%). Consequently, investors gained ₦100.4bn…
-
The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated its commitment to collaboration among relevant agencies and stakeholders for the security…
-
BusinessNews
DHL global forwarding launches innovative one-stop customer portal for digital logistics
DHL Global Forwarding, Deutsche Post DHL Group’s air and ocean freight specialist, has launched myDHLi, the only fully integrated online platform for…
-
Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of the results…
-
BusinessEconomyNews
Recession, job losses, another pandemic and protectionism top worries- WEF report
Economic distress and social discontent will rise over the next 18 months unless world leaders, businesses and policy-makers work together to manage…
-
Sovereign wealth funds flocked to U.S. equities and bonds in the first quarter at the expense of riskier investments such as those…
-
Lafarge Africa will freeze capital expenditure this year, Chief Executive Khaled El Dokani said on Tuesday after the cement company forecast a…
-
NewsOil and Gas
Oil prices surge to 2-month high on hopes of demand rebounding and output cuts paying off
Crude oil prices jumped to a two-month high on Monday, reflecting output cuts and investors betting that looser lockdowns will boost demand…