The Nigeria Labour Congress (NLC) says it opposes the use of contributory pension as palliatives for workers as part of effort to…
News
-
-
The Lagos State Government said it has shortlisted 10 firms out of the 32 eligible companies that responded to the call for Expression…
-
International Monetary Fund IMF and World Trade Organisation have said that open trade policies is what is needed to defeat coronavirus. The…
-
The ongoing efforts by the Nigerian National Petroleum Corporation (NNPC)-led Oil and Gas Sector coalition against COVID-19 was bolstered Thursday in Lagos…
-
EconomyFinanceNews
“We estimate that COVID-19 could push 49 million people into extreme poverty in 2020”—WB
World Bank Group has said that COVID-19 pandemic could push 49 million people into poverty in 2020. The Bank in a report…
-
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,…
-
Nigeria Breweries PLC has reported a decrease in revenue in the first quarter of 2020. According to the board the company made…
-
Vice President Yemi Osinbajo at the Presidential Villa, Abuja, presided over the meeting of the Economic Sustainability Committee (ESC) set up to…
-
The U.S. Securities and Exchange Commission has dropped its inquiry into Royal Dutch Shell’s 2011 acquisition of an offshore oil block in…
-
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…
-
The Federation Accounts Allocation Committee (FAAC) has shared a total of N780.926 billion as Federation Account revenue for March 2020 to the…
-
Nigeria recorded crude oil and gas export sale of $434.85million in January, 2020, an increase of 94.30 per cent pitched against the…
-
Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19…
-
FinanceEconomyNews
IMF sets up COVID-19 short-term liquidity line to enhance adequacy of global financial safety net
IMF Executive Board said it has set up Covid-19 short term liquidity line to enhance the adequacy of global financial safety net.…
-
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…