South Africa’s Finance Minister Tito Mboweni ruled out an International Monetary Fund structural adjustment programme on Tuesday but said the COVID-19 pandemic would cause a deep...
ADDRESS BY H.E. MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE EXTENSION OF COVID- 19 PANDEMIC LOCKDOWN AT THE STATE HOUSE, ABUJA MONDAY,...
The Secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force (PTF) on COVID-19, Mr. Boss Mustapha, has said the Federal Government...
Lagos Chamber of Commerce and Industry has said that it welcomes the full deregulation of the petroleum downstream sector of the economy while urging government to...
U.S. President Donald Trump said on Monday the OPEC+ group of oil producers is looking to cut output by 20 million barrels per day (bpd), a...
Nigeria financial reporting Council FRC, has released guidelines for auditing companies during this period of COVID-19. In the guideline obtained by Businessnewsreport.com.ng the council said “we...
Companies and individuals have offered support in various forms as a means of showing their support towards the fight against coronavirus such as cash donation, material...
By Ikenna Lansar Aghaji Housing Deficit in Nigeria – The housing sector of Nigeria has been experiencing housing deficit since the civil war in the 60’s,...
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has appointed Dr. Okonjo-Iweala and 11 others to serve as external advisory group to the IMF. ...
Saudi Arabia and Russia have reached an agreement in principle to cut oil production, The Wall Street Journal has reported. The Organisation of the Petroleum Exporting...
9mobile, has thrown its weight behind Mobihealth international, an award-winning telemedicine provider, to launch free COVID-19 online screening and teleconsultation service for all Nigerians. This service...
Today’s trading session ended positive as the All-Share Index gained 147bps to 21,384.03 points following gains in NESTLE (+8.5%), ZENITH (+5.7%) and UBA (+9.7%). Investors gained ₦162.0bn as market capitalisation rose to ₦11.1tn while...
International Monetary Fund IMF, Managing Director Ms Kristalina Georgieva has said that the Fund anticipate the worst economic fallout since the Great Depression when the Covid...
The rapidly-spreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years, the World Bank said in...
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians of availability of sufficient petroleum products to guarantee hitch-free celebration of Easter. The NNPC Group General Manager,...