Nigeria recorded crude oil and gas export sale of $434.85million in January, 2020, an increase of 94.30 per cent pitched against the…
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Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19…
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EconomyFinanceNews
IMF sets up COVID-19 short-term liquidity line to enhance adequacy of global financial safety net
IMF Executive Board said it has set up Covid-19 short term liquidity line to enhance the adequacy of global financial safety net.…
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Guaranty Trust Bank Plc, Unaudited Q1:2020 Result result released at the floor of the Nigerian Stock Exchange showed that the bank’s gross earnings grew…
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Nigeria’s inflation rate for March 2020 rose marginally by 0.06 percent higher than the 12.20 per cent rate recorded in February. The…
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EconomyNewsStock Market
SEC, others launch N1bn funding initiative to support COVID-19 war in Nigeria
The capital market community led by the Securities and Exchange Commission (SEC) has launched a funding initiative with the aim of raising…
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What would have been another major fire disaster in the country was today averted by the staff of the Central Bank of…
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EconomyFinanceNews
Ecobank’s Support will help cushion Effects of the Lockdown Lagosians – Babajide Sanwo- Olu
The Lagos State Governor, Babajide Sanwo- Olu has commended Ecobank Nigeria for donating food items to support the state government’s relief efforts…
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Global Forwarding has launched a dedicated 100-tonne weekly air freight service for organisations and governments shipping goods from China to Africa and…
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FBN Holdings Plc in its unaudited results for the three months that ended on 31st March 2020 made N104.9 billion from interest income, lower than…
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Independent Corrupt Practices and Other Related Offences Commission, ICPC, is probing acting Director-General of the National Pension Commission (PenCom Aisha Dahir Umar…
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BusinessEconomyNews
COVID 19: DICON Produces Low Cost Ventilators, PPEs and High Quality Sanitisers to curtail Pandemic.
The Defence Industries Corporation of Nigeria, DICON has produced a low cost mechanical ventilator ‘DICOVENT’, capable of using electricity and rechargeable batteries…
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Trading activities on the local bourse resumed the week negative with a 1bp marginal decline in the All-Share Index to close at…
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Oil prices have plunged further below $5 a barrel with the threat to erase decade of demand growth with thousands of jobs…
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The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigeria Navy are set for a regime of improved information sharing as…