International Monetary Fund IMF and World Trade Organisation have said that open trade policies is what is needed to defeat coronavirus. The two multilateral institutions in...
The ongoing efforts by the Nigerian National Petroleum Corporation (NNPC)-led Oil and Gas Sector coalition against COVID-19 was bolstered Thursday in Lagos with the handing over...
World Bank Group has said that COVID-19 pandemic could push 49 million people into poverty in 2020. The Bank in a report said “The coronavirus (COVID-19)...
At the close of trade today, sell pressures in DANGCEM (-3.3%), BUACEMENT (-5.3%) and NESTLE (-6.7%) weighed on the All-Share Index, depreciating 136bps to close at 22,470.79 points. Consequently, market capitalisation shed ₦161.3bn to settle...
Nigeria Breweries PLC has reported a decrease in revenue in the first quarter of 2020. According to the board the company made a revenue of N83.2...
Vice President Yemi Osinbajo at the Presidential Villa, Abuja, presided over the meeting of the Economic Sustainability Committee (ESC) set up to address the economic fallout...
The U.S. Securities and Exchange Commission has dropped its inquiry into Royal Dutch Shell’s 2011 acquisition of an offshore oil block in Nigeria, the Anglo-Dutch company...
The African Export-Import Bank (Afreximbank) has set up a $3-million grant to complement continental efforts to combat the COVID-19 pandemic. Afreximbank President Prof. Benedict Oramah, who...
The Federation Accounts Allocation Committee (FAAC) has shared a total of N780.926 billion as Federation Account revenue for March 2020 to the Federal, States and Local...
Nigeria recorded crude oil and gas export sale of $434.85million in January, 2020, an increase of 94.30 per cent pitched against the December 2019 figures, the...
