Lufthansa announced plans to cut 1,000 of a total of 5,000 jobs in administration, as the flagship German carrier battles to survive…
Economy
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EconomyFinanceNews
Africa to rebound from pandemic slump in 2021, Europe is headed for deeper recession
African economies, is expected to partially rebound next year from a pandemic-induced economic slump, but it could still lose nearly a quarter…
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FinanceBusinessEconomyNews
Buhari’s anti-corruption crusade on trial, suspends Magu on corruption probe
President Buhari anti-corruption is on trial as the man charged with responsibility of fighting the hydra headed social monster has been suspended…
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FinanceBusinessEconomyNews
FCTA gives GTBank branches 24 hours to put in place Covid-19 customer safety measures or risk shut down
The Federal Capital Territory Administration FCTA has threatened to seal some branches of Guaranty Trust Bank in the territory for operating without…
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Nigeria’s total public debt rose to N28.62 trillion as of March, up 15% from a year earlier, the Debt Management Office (DMO)…
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Central Bank of Nigeria has debited N122 billion from Nigerian banks with excess cash before weakening the currency at a retail auction…
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Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says Federal Government has proposed N2.3 trillion to boost the mining and other…
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The Federal Government has approved 60 per cent debt forgiveness for all debtor broadcast stations in the country to cushion the effects…
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EconomyFinanceNews
Access Bank W initiative, creating an enabling business environment for women SMEs
Access Bank through the W initiative, has empowered women, owned and managed SMEs by putting together an innovative bundle of offerings designed…
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Small and Medium scale enterprises in hospitality and aviation sector are lamenting the loss of fortune in their business and seeking relief…
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EconomyBusinessNews
Build a solid macro-economic policy environment, protect local investments, strengthen intra-African trade—AERC
The African Economic Research Consortium (AERC) has urged African government to build a solid macro-economic policy environment, protect local investments and strengthen…
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Canada’s biggest lenders have confirmed they had joined a widespread boycott of Facebook Inc begun by U.S. civil rights groups seeking to…
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JPMorgan Chase & Co is eliminating terms like “blacklist,” “master” and “slave” from its internal technology materials and code as it seeks…
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BUA Cement said it is set to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk…
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The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the expansion of the Nigerian Content Intervention (NCI)…