Airlines around the world moved to cut capacity and rein in costs, in response to the mass cancellations and empty planes caused…
News
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FinanceNewsStock Market
Share price at Nigerian Stock market dips further as investors lost ₦656.0bn
FCMB Plc has said at the floor of the Nigerian Stock Exchange that it issued ₦20 billion commercial paper with a tenor…
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National Bureau of Statistic has said that in Q4 2019, the value of total trade was N10.1 trillion, or10.2 per cent higher…
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JUMIA Nigeria has delisted 390 products belonging to 168 sellers of hand sanitisers and face masks from its platform, following a warning…
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BusinessEconomyNews
Buhari sets up committee to asses impart of Covd019, as LCCI says it has profound implication for economy
President Mohammadu Buhari has set up a committee with a mandate to review oil price benchmark amidst widespread Coronavirus (Covd19). The committee…
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Union Bank recently marked International Women’s Day, reaffirming its commitment to women empowerment with the launch of the Alpher Mentorship Programme. The…
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International Finance Corporation, the private arm of the World Bank Group is to partner with Nigeria Export Processing Zone Authority on staff…
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Oil prices are plunging amid concern a dispute among producers could lead a global economy weakened by COVID-19 to be awash in…
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MaritimeNews
Maritime operators express confidence in new NIMASA leadership urges productive engagement
As Jamoh Bashir prepares to take over the mantle of leadership in NIMASA, maritime operators have expressed confidence in his ability to…
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Access Bank Plc Audited financial result submitted in the floor of the Nigerian Stock Exchange showed that the bank’s gross earnings was up…
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BusinessEconomyFinanceNews
Market round up for the week: Nigeria weaker growth prospects on external vulnerabilities
Three months after Moody’s and Fitch downgraded Nigeria’s sovereign ratings outlook to negative, S&P Global finally took the same action this week…
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NewsOil and Gas
Oil drops more than 7% as Russia rejects additional output cuts, OPEC+ talks collapse
Oil futures fell by more than 7% on Friday as talks between the Organisation of the Petroleum Exporting Countries and their allies…
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Ecobank Nigeria has unveiled a new product offering, Xpress Save and Xpress Loan, enablingcustomers to conveniently & speedily open digital savings accounts…
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Ratings agency Moody’s on Friday cut its 2020 growth forecast for South Africa to 0.4% from 0.7%, one of several countries it…
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BusinessEconomyNews
Embattled Twitter chief Dorsey reconsiders Africa move amid coronavirus concerns
Twitter Inc Chief Executive Officer Dorsey Jack said on Thursday he is reconsidering a proposed stint in Africa this year due to…