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The number of Americans who applied for unemployment benefits last week rocketed to a record 3.28 million as large parts of the U.S. economy shut down...
Union Bank, one of Nigeria’s foremost financial institutions has announced a $130,000 (N50million) donation to tackle the spread of the Coronavirus pandemic in Nigeria. The donation...
By Alex Okoh I greet you warmly in the hope and prayer that you are safe and well in the face of the Covid 19 pandemic....
The World Bank Group and International Monetary Fund have urged all official bilateral creditors to suspend debt payment from IDA countries that request forbearance. IMF also...
Central Bank of Nigeria CBN, has said that it will keep it doors open for business just as it has released the guide line for accessing...
Ecobank Nigeria has launched a ‘StaySafeNigeria’ media campaign being part of its corporate actions to support measures to check the rising spread of Coronavirus in Nigeria....
The African Export-Import Bank (Afreximbank) has announced a $3-billion facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to help African countries deal with the economic and...
The domestic equities market closed in the red as the All-Share Index (ASI) declined marginally by 5bps to 21,729.48 points following losses in MTNN (-2.9%), TOTAL (-10.0%) and...
IMF’s African Department director Abebe Aemro Selassie said “Last week, the IMF received Ghana’s request for a disbursement under the Rapid Credit Facility to help the...
The Federal Competition & Consumer Protection Commission continues to monitor and support the national and statewide responses to containing and preventing the spread of COVID-19 and...
BBC Global News – which operates the BBC’s 24 hour international news channel, BBC World News, and BBC.com – today announced plans to support international and...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to retain the monetary policy rate at 13.5%. This was announced...
Federal Government, States and Local Government shared a total of N581.566 billion for the month of February from the federation account. The decision was announced at...
Gains in NPFMCRFB (+9.5%), STANBIC (+9.4%) and TRANSCORP (+8.9%) moved the All-Share Index up 19bps to 21,741.16 points. Consequently, YTD return eased to -19.0% while market capitalisation appreciated ₦20.9bn to ₦11.3tn. Activity level...
International Monetary Fund Managing Director Kristalina Georgieva has said that a global recession as bad as 2008 financial crisis is in the offing. In a statement...