The COVID-19 pandemic is a crisis like no other. It feels like a war, and in many ways it is. People are…
Category:
Economy
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Coca-cola, Pepsico, Nestle and Unilever have been names as the world’s largest consumer brands contributing to planet-heating emissions by using throwaway plastic…
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Today we face economic upheaval potentially more severe than we witnessed during the global financial crisis. The coronavirus pandemic is a different…
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UK shoppers spent an extra £1.9bn stockpiling groceries in the run-up to the coronavirus lockdown, according to figures for the industry. The…
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EconomyFinanceNews
COVID-19 – Ecobank Commits N100m to radio campaign “StaySafeNigeria”, free digital money transfers charge below N5,000
Ecobank Nigeria says it is committing about a hundred million Naira to drive its National Radio Campaign “StaySafeNigeria”, being part of its corporate actions to…
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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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International Monetary, Financial Committee Chair Lesetja Kganyago and International Monetary Fund Managing Director in a joint statement have said that although the…
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African Development Bank (AAA) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact…
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United Bank for Africa Plc (UBA) has donated over N5 billion, through the UBA Foundation, to catalyse a comprehensive pan-African response to…
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EconomyFinanceNews
US regulators encourage banks, others to offer responsible small-dollar loans to consumers, small businesses affected by COVID-19
Five US federal financial regulatory agencies have jointly encouraged banks, savings associations and credit unions to offer responsible small-dollar loans to consumers…
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BusinessEconomyNews
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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EconomyFinanceNews
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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BusinessEconomyFinanceNews
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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BusinessEconomyFinanceNews
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…