Zenith Bank Plc, on Monday, March 16, 2020 held its 29th Annual General Meeting (AGM) in Abuja, Nigeria, during which the Bank’s…
Business News Report
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Crude prices settled at a four-year low with brent crude settling at $30 a barrel for below the 2020 Nigeria’s budget bench…
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FinanceEconomyNews
CBN reduced interest rate on intervention facility to 5%, creates coronavirus fund
The Central Bank of Nigeria (CBN) said that the interest rates on all applicable apex bank’s intervention facilities have been reduced from…
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The domestic bourse opened the week negative as sell pressures in FBNH (-7.5%), WAPCO (-6.1%) and DANGSUGAR (-3.0%) pulled the All-Share Index down 12bps to 22,705.19 points. Consequently,…
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The Lagos State government has set up a N2billion relief fund for the victims of the Abule-Ado gas explosion in Amuwo Odofin…
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By Kristalina Georgieva While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is…
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The Standards Organisation of Nigeria (SON) and the Nigerian Electricity Regulatory Commission (NERC) are set to rekindle the existing collaboration between the…
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Access Bank has completed the listing of its N15 billion green bond on the Luxembourg Stock Exchange (LuxSE). The 15.50% fixed rate,…
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Oil and GasNews
NNPC confirms Abule Ado explosion triggered by gas, halt pumping operation at Atlas Cove
The Nigerian National Petroleum Corporation (NNPC) has confirmed that the explosion that rocked havoc at Abule Ado in Lagos was triggered by…
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United Bank for Africa, UBA has assured Nigerians that the bank has taken necessary measures to protect its workers as well as…
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In continuation of the disbursement of start-up grants by the Edo State Government, 450 agripreneurs in Esan South-East Local Government Area (LGA)…
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Stakeholders in the maritime industry have lauded the new executive management team appointed by President Muhammadu Buhari for the Nigerian Maritime Administration…
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Gold futures fell sharply on Friday for a fourth session in a row, posting a weekly loss of more than 9%–the largest…
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BusinessEconomyNews
Facebook, Twitter remove Russia-linked accounts in Ghana, Nigeria targeting U.S.
Facebook Inc and Twitter Inc said they had taken down a network of Russian-linked fake accounts operated out of Ghana and Nigeria…
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The new Africa presents the continent’s youth with an excellent battleground to join and wage the economic struggle that will finally liberate…