Five US federal financial regulatory agencies have jointly encouraged banks, savings associations and credit unions to offer responsible small-dollar loans to consumers…
Business News Report
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EconomyBusinessNews
A record 3.28 million Americans applied for unemployment benefits last week due to coronavirus
The number of Americans who applied for unemployment benefits last week rocketed to a record 3.28 million as large parts of the…
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FinanceEconomyNews
Union Bank partners 54Gene to raise $500,000 towards Nigeria’s fight against COVID-19
Union Bank, one of Nigeria’s foremost financial institutions has announced a $130,000 (N50million) donation to tackle the spread of the Coronavirus pandemic…
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By Alex Okoh I greet you warmly in the hope and prayer that you are safe and well in the face of…
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FinanceBusinessEconomyNews
World Bank, IMF urge bilateral creditors to suspend debt payments from Nigeria, 75 other IDA countries
The World Bank Group and International Monetary Fund have urged all official bilateral creditors to suspend debt payment from IDA countries that…
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FinanceBusinessEconomyNews
CBN to remain open while COVID-19 lasts, releases guideline to access N50bn COVID19 fund
Central Bank of Nigeria CBN, has said that it will keep it doors open for business just as it has released the…
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Ecobank Nigeria has launched a ‘StaySafeNigeria’ media campaign being part of its corporate actions to support measures to check the rising spread…
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The African Export-Import Bank (Afreximbank) has announced a $3-billion facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to help African countries deal…
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The domestic equities market closed in the red as the All-Share Index (ASI) declined marginally by 5bps to 21,729.48 points following losses…
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IMF’s African Department director Abebe Aemro Selassie said “Last week, the IMF received Ghana’s request for a disbursement under the Rapid Credit…
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The Federal Competition & Consumer Protection Commission continues to monitor and support the national and statewide responses to containing and preventing the…
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BBC Global News – which operates the BBC’s 24 hour international news channel, BBC World News, and BBC.com – today announced plans…
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to retain the monetary policy rate at…
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Federal Government, States and Local Government shared a total of N581.566 billion for the month of February from the federation account. The…
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Gains in NPFMCRFB (+9.5%), STANBIC (+9.4%) and TRANSCORP (+8.9%) moved the All-Share Index up 19bps to 21,741.16 points. Consequently, YTD return eased to -19.0% while market capitalisation appreciated ₦20.9bn…