Today, the stock market halted the long run of successive gains as the All-Share Index fell 22bps to close at 25,166.01 points due to…
Economy
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EconomyNews
Rockefeller Foundation institute grants to strengthen Covid-19 response in communities across Africa, Asia
The Rockefeller Foundation said that it will give three new grants to support organisations that are working with countries, communities and regions…
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EconomyFinanceNews
Nigeria calls on Africa to rescue AfDB from foreign hijackers, as Bureau of Board of Governors calls for restrain from vested interest
Former President Olusegun Obasanjo and Zainab Ahmed, the minister of finance, budget and national planning, have urged the board of the African…
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 13.50% to…
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BusinessEconomyFinance
Trumped up allegations unjustly seek to impugn my honour and integrity—Adesina
President Africa Development Bank, Akinwumi Adesina has said that the allegation against him are trumped up seeking to unjustly taints his image…
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Standards Organisation of Nigeria (SON), says it is partnering with a local inventor to manufacture international standard air purifier machines. This the…
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World Economic Forum has reported that in a matter of weeks, the pandemic forced the global economy and society, organisations and individuals…
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A total of $5.85 billion capital importation (inflows) came into Nigeria between January and March 2020, compared to $8.51 billion in first…
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EconomyFinanceNews
US targets removal of Akinwumi Adesina as AfDB boss, calls for independent investigation
United States of America has rejected AfDB’s exoneration of Akinwumi Adesina, the bank’s president calling for an independent probe of allegation levelled…
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Brand Africa has named MTN and Dangote as the most admired African brands recalled spontaneously and when prompted, respectively. It said that…
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BusinessEconomyFinance
African Risk Capacity beefs its operations with 2 new non-executive Directors
The African Risk Capacity Limited (ARC Ltd) has appointed two new Non-Executive Directors (NEDs), Mr Jurgen Meisch and Mr. Phillip Pettersen, to…
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Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual…
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The National Bureau of Statistics (NBS) says the country’s Gross Domestic Product (GDP) grew by 1.87 per cent year-on-year in real terms…
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The World Bank expects to make a decision in late July on a $1.5 billion loan to support Nigeria as it fights…
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The World Bank Group has said that its emergency operations to fight COVID-19, coronavirus, have reached 100 developing countries – home to…