Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. The...
IMF Executive Board said it has set up Covid-19 short term liquidity line to enhance the adequacy of global financial safety net. In a statement the...
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 2.3 per cent Y-o-Y...
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 National Bureau of Statistics...
The capital market community led by the Securities and Exchange Commission (SEC) has launched a funding initiative with the aim of raising N1 billion to support...
What would have been another major fire disaster in the country was today averted by the staff of the Central Bank of NIgeria (CBN) Jos Branch. ...
The Lagos State Governor, Babajide Sanwo- Olu has commended Ecobank Nigeria for donating food items to support the state government’s relief efforts to mitigate the effects...
Global Forwarding has launched a dedicated 100-tonne weekly air freight service for organisations and governments shipping goods from China to Africa and Middle East. Capitalising on...
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 N109.5 billion in the same period...
Independent Corrupt Practices and Other Related Offences Commission, ICPC, is probing acting Director-General of the National Pension Commission (PenCom Aisha Dahir Umar for alleged misappropriation of...
The Defence Industries Corporation of Nigeria, DICON has produced a low cost mechanical ventilator ‘DICOVENT’, capable of using electricity and rechargeable batteries to help in treatment...
The leading restaurant lobby on Monday asked Congress for $240 billion in federal aid, saying the industry has suffered more than any other and needs a...
Trading activities on the local bourse resumed the week negative with a 1bp marginal decline in the All-Share Index to close at 22,920.41 points, due to sell...
Indications are that Nigeria will lose over $160 million from cocoa and cashew exports in 2020. Non oil exports such as Cocoa, Sesame and Cashew are...
Oil prices have plunged further below $5 a barrel with the threat to erase decade of demand growth with thousands of jobs under threat as coronavirus...