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...
Ecobank Transnational Incorporated (ETI) has recorded a 32% growth in profit before tax of NGN146.5 billion for 2019 financial year. This was up from the N110.8...
Equities began the week in the negative region as the All-Share Index declined 2.2% to 21,700.98 points due to price depreciation in the banking tickers – GUARANTY (-10.0%), ZENITH (-9.7%) and STANBIC (-10.0%). Consequently, YTD return...
A Nigerian has died from the dreaded Coronavirus (Covid-19). The dead is an ex-Managing Director of a subsidiary of Nigeria Petroleum Corporation, Pipelines and Products Marketing...
United Bank for Africa said weekend that it held a Micro Small and Medium Enterprises (MSME) capacity training in Onitsha where about 400 small and medium...
BUA Group, said it has acquired majority shareholding in P.W. Nigeria Limited – one of Nigeria’s largest construction, engineering and mining companies. According to BUA, this...