Business
COVID19: Lagos, Abuja, Ogun state on total lockdown on President Buhari’s order
President Muhammadu Buhari has placed Lagos state, Federal Capital Territory Abuja and Ogun state on total lockdown to curtail the spread of…
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UBA provides N5 billion for COVID-19 relief support across Africa
United Bank for Africa Plc (UBA) has donated over N5 billion, through the UBA Foundation, to catalyse a comprehensive pan-African response to…
Business
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…
Business
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…
Business
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…
Business
Afreximbank pledges $3bn facility to cushion impact of COVID-19
The African Export-Import Bank (Afreximbank) has announced a $3-billion facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to help African countries deal…
Business
CPC warns on price gouging, arbitrary increase hygiene products prices
The Federal Competition & Consumer Protection Commission continues to monitor and support the national and statewide responses to containing and preventing the…
Business
COVID-19: BBC offer TV, online ad support to public health bodies globally
BBC Global News – which operates the BBC’s 24 hour international news channel, BBC World News, and BBC.com – today announced plans…
Business
BUA Group acquires majority interest in P.W. Nigeria Ltd
BUA Group, said it has acquired majority shareholding in P.W. Nigeria Limited – one of Nigeria’s largest construction, engineering and mining companies.…
Business
COVID-19: CBN, Bankers’s Committee to support 12 local pharmaceutical coys to produce drugs in Nigeria
Central Bank of Nigeria and the Bankers Committee have identified twelve Nigeria based pharmaceutical companies to that will be supported to produce…
Business
FMITI to support SON towards rapid industrialisation
The Federal Ministry of Industry, Trade and Investment is committed to providing all necessary support and encouragement to the Standards Organisation of…
Business
Zenith General Insurance partners MTN on novel mobile insurance service in Nigeria
Zenith General Insurance Company Limited (commonly known as Zenith Insurance) has, in a trailblazing move, partnered with Telecommunications giant – MTN Nigeria…
Business
CBN adjusts exchange rate at I/E to N380/$
By Omoh Gabriel As the COVID-19 continue to take its toll on the global economy and fall in oil prices, the Cenral…
Business
BOI concludes €1bn fund raising from international market
Bank of Industry BoI, has said that in line with the focus of President Muhammadu Buhari’s administration to revitalise Nigeria’s industrial sector…
Business
Mideast, Africa airlines in crisis as coronavirus stifles demand -IATA
Middle East and African airlines are in crisis with hundreds of thousands of jobs at risk from the coronavirus outbreak, the International…