United Nations Economic Commission for Africa (UNECA), says African economy will lose $65 billion in full lockdown of the continent due to…
News
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FinanceEconomyNews
Techniques used by organised crime groups, fraudsters becoming more diverse and sophisticated
Refinitiv has said in its research findings that the technique used by organised crime and fraudsters in sub-Saharan Africa is becoming more…
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Ecobank Nigeria has encouraged its customers to obey the COVID-19 rules, emphasising the importance of social distancing to check the spread of…
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Activities on the Nigerian Stock Exchange (NSE) remained upbeat with the market capitalisation improving further by N110 billion following gains in Nestle…
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The Nigerian National Petroleum Corporation (NNPC) said it has effected a reduction in the ex-depot price of petrol from N113.28k per litre…
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FinanceEconomyNews
IMF disbursed $3.4bn to Nigeria at 1% interest rate, urges citizens to ask how money is spent
Managing Director International Monetary Fund IMF, Kristalina Georgieva, said that the Fund has already disbursed the $3.4 billion to Nigeria and that…
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Nigeria Customs Service Apapa Area Command, generated N39.877 billion in the month of April, Mrs Nkeiruka Nwala, the command’s spokes person says.…
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BusinessEconomyNews
Aviation stakeholders laud FG’s proposed bailout, seek resumption of local flights
Some aviation stakeholders have commended the Federal Government for its planned bailout to the sector to mitigate the effects of the COVID-19…
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Federal Government will extend a ban on all flights by four weeks as part of measures to prevent the spread of the…
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BusinessEconomyNews
ADP says 20.2 million private-sector jobs lost in April amid coronavirus crisis in US
Private-sector companies shed a whopping 20.2 million jobs in April as many were forced to shutter during a nationwide shutdown to slow…
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Standards Organisation of Nigeria (SON) has enjoined its stakeholders and customers to take optimum advantage of its automated service offerings as the…
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The equities market closed in the green today as All Share index advanced 140bps to 24,143.37 points due to gains in GUARANTY (+9.3%), ZENITH (+6.4%) and…
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Federal government is amending its 2020 budget crude oil benchmark to assume an oil price of $20 per barrel, Finance Minister Zainab…
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Federal government has granted import waivers for medical equipment and supplies to ease the fight against COVID-19 pandemic. A tweet by Tolu…
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President Lagos Chamber of Commerce and Industry Mrs Toki Mabogunje has asked the federal government to suspend the 50 per cent increase…