The stock market has proved freakishly immune to the economic suffering inflicted by the coronavirus pandemic, posting some of its largest gains in history even as members in 1 in 2 American households have lost income. Yet the…
Continue reading20 ships will discharge petroleum products, food items, and other goods at the Lagos ports, as reported by The Nigerian Ports Authority (NPA). The NPA disclosed this in its publication,…
Continue readingThe Nigerian Stock Exchange All-Share Index dropped by 120.11 basis points or 0.47 percent to close at 25,215.04 from 25,335.15 on Tuesday. The market capitalisation of equities fell by N63bn…
Continue readingAS the country slides further into recession, the organised private sector is rooting for effective policies to crash lending rates and stimulate productive activities. Their plea to the Central Bank…
Continue readingThe Central Bank of Nigeria (CBN), is set to provide agricultural funding for about 1.6 million farmers during the 2020 wet planting season. The CBN stated it would support farmers…
Continue readingThe Central Bank of Nigeria (CBN) has said it has approved the sum of N10.9 billion to 14,331 beneficiaries under the N50 billion COVID-19 Loan Targeted Credit Facility for Households and SMEs….
Continue readingThe World Trade Organisation (WTO) has formally accepted the nomination of Nigeria Ngozi Okonjo-Iweala as one of the candidates for the office of the Director-General of the organization. “Nigeria, on…
Continue readingWith crude oil trading at around $35 per barrel, untapped solid minerals offer Nigeria the opportunity to diversify and earn more foreign exchange (forex), as gold currently trades at 1,683.65…
Continue readingThe Central Bank of Nigeria (CBN) has waived the requirement for the provision of guarantors by households and SMEs applying for its N50 billion COVID-19 Loan Targeted Credit Facility. The…
Continue readingThe Sierra Leone government has provisionally awarded oil licenses to Innoson Oil and Gas and Cluff Energy Africa following the conclusion of its fourth licensing round. Innoson Oil and Gas,…
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