The World Bank Group and International Monetary Fund have urged all official bilateral creditors to suspend debt payment from IDA countries that…
News
-
-
FinanceBusinessEconomyNews
CBN to remain open while COVID-19 lasts, releases guideline to access N50bn COVID19 fund
Central Bank of Nigeria CBN, has said that it will keep it doors open for business just as it has released the…
-
Ecobank Nigeria has launched a ‘StaySafeNigeria’ media campaign being part of its corporate actions to support measures to check the rising spread…
-
The African Export-Import Bank (Afreximbank) has announced a $3-billion facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to help African countries deal…
-
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…
-
The Federal Competition & Consumer Protection Commission continues to monitor and support the national and statewide responses to containing and preventing the…
-
BBC Global News – which operates the BBC’s 24 hour international news channel, BBC World News, and BBC.com – today announced plans…
-
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to retain the monetary policy rate at…
-
Federal Government, States and Local Government shared a total of N581.566 billion for the month of February from the federation account. The…
-
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…
-
EconomyFinanceNews
A recession as bad as during the global financial crisis or worse coming IMF warns
International Monetary Fund Managing Director Kristalina Georgieva has said that a global recession as bad as 2008 financial crisis is in the…
-
Ecobank Transnational Incorporated (ETI) has recorded a 32% growth in profit before tax of NGN146.5 billion for 2019 financial year. This was…
-
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%)…
-
A Nigerian has died from the dreaded Coronavirus (Covid-19). The dead is an ex-Managing Director of a subsidiary of Nigeria Petroleum Corporation,…
-
United Bank for Africa said weekend that it held a Micro Small and Medium Enterprises (MSME) capacity training in Onitsha where about…