As part of measures to cope with the boom and bust cycle in the global crude oil market and to sustain revenue…
Category:
Economy
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BusinessEconomyFinance
Nigeria’s external reserves rises to $36.57bn gives CBN fire power to defend Naira
Nigeria’s external reserves now stand at $36.57 billion, having increased sharply from $33.42 billion as of April 29, 2020. This development has given the…
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EconomyNewsOil and Gas
NNPC to unveil COVID-19 contacts-tracing App, deploys online petroleum products procurement solutions
In line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present Leadership of the Nigerian National Petroleum Corporation (NNPC),…
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EconomyNews
COVID-19: Lagos traditional rulers give support to CACOVID to curb community spread of the virus
As part of its efforts to fight COVID-19 in Nigeria, the private sector Coalition Against COVID-19 (CACOVID), has joined forces with traditional…
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BusinessEconomyFinanceNews
Afreximbank partners International Trade Centre to assist African businesses to grow
Afreximbank is teaming up with ITC to train small-business owners and young entrepreneurs in Africa to trade with other African countries as…
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World Economic Summit Forum has said that starting from 2021 it will be holding a twin meeting in what it described as…
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On 31st December 2019, COVID 19 the novel corona virus detected in Wuhan, China was reported to the World Health Organization (WHO)…
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EconomyFinanceNews
Giving money directly to people, maintaining private sector will limit the harm of COVID-19—World Bank
World Bank Group has said that securing core public services, getting money directly to people and maintaining the private sector will limit…
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The Senate has approved President Muhammadu Buhari’s request for $5.51 billion in external borrowing from international capital market. The borrowing is part…
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President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President of the…
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Lagos State House of Assembly has passed a resolution to reduce the size of the state’s 2020 budget from N1.68 trillion to…
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9mobile said it has appointed Alan Sinfield as the substantive Chief Executive Officer of the company. He brings a wealth of global…
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EconomyFinanceNews
Zenith named best bank in Nigeria in global finance World’s best banks award 2020
Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine…
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Lagos State Government would soon embark on the ‘Register-to-Open Initiative’ toward gradual reopening of the economy in the state. Director General, Lagos…
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Gov. AbdulRahman AbdulRazaq of Kwara has directed the slashing of the Right of Way (RoW) fee for telecommunications firms. Gov. AbdulRahman AbdulRazaq…