Operators at the Nigerian seaports have emphasized the need for the nation’s ports to remain open at all times while the Federal and State governments battle to contain the spread…
Continue readingUnited Bank For Africa (UBA) Announced Today That it Will Provide N5 billion(U$14 million) To COVID-19 Relief Support Across Africa United Bank for Africa Plc (UBA) today announced a donation…
Continue readingIn the face of dwindling oil revenues, the Federal Government of Nigeria has proposed the reduction of the crude oil benchmark for 2020 budget from $57 to $30 per barrel….
Continue readingFollowing the closure of the Benin-Nigeria border over the Coronavirus, COVID-19 pandemic, cross border trading amongst Africans in the West African sub-region is now experiencing a serious setback. Hundreds of…
Continue readingThe Monetary Policy Committee of the Central Bank of Nigeria said COVID-19 pandemic would not only result in health crises, but also massive economic crises that would force even leading…
Continue readingThe Central Bank of Nigeria has technically devalued the Naira by pegging the exchange to the dollar at N380 across all the FX market. In a circular released on Friday,…
Continue readingA survey conducted in Lagos on Thursday morning showed that the Private Fuel Marketers have yet to reduce the pump price of Premium Motor Spirit (petrol) to N125 per litre…
Continue readingResponding to the impact of coronavirus on the economy, the Federal Government of Nigeria on Wednesday announced a reduction in the 2020 budget by N1.5tn. Last week Monday, President Muhammadu…
Continue readingThe crude oil price of Brent grade continues to decline at the International market on Tuesday, the brent was traded around $28 per barrel. Brent oil fell by $1.40 to…
Continue readingHistory was made, when the West Africa Container Terminal (WACT) received the First Maersk’s direct service container ship from Far East at the Onne Port in Rivers State. The vessel,…
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