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Sunday, 31st May, 2020
 Business News:
Nigeria: (May 28, 2020) - The Monetary Policy Committee of the Central Bank of Nigeria on Thursday reduced the Monetary Policy Rate to 12.5 per cent. Mr Godwin Emefiele, CBN Governor, announced the decision...
Nigeria: (May 27, 2020) - African Development Bank (AfDB) President Dr. Akinwumi Adesina has denied stepping down from office. Adesina, in a statement, said “the bank’s institutional framework is...
South Africa: (May 26, 2020) - South Africa’s rand raced to its highest in more than eight weeks against the U.S. dollar on Tuesday, as optimism about a global recovery from the COVID-19 pandemic boosted...
Nigeria: (May 25, 2020) - The Nigerian National Petroleum Corporation (NNPC) says its appointments always adhere to the principle of transparency and accountability. Kennie Obateru, NNPC said this in a statement...
Nigeria: (May 22, 2020) - Nigeria’s massive revenue loss as a result of the Coronavirus pandemic was topped discussions at yesterday’s National Economic Council (NEC) meeting. Finance, Budget...
Nigeria: (May 20, 2020) - Bakers in Lagos State have urged the Federal Government to intervene in the prices of baking materials, which may lead to increase in the prices of bread by 60 per cent anytime soon. The...
Nigeria: (May 19, 2020) - Akwa Ibom takes delivery of Bombardier CRJ 900 aircraft Tuesday, May 19, 2020 8:32 pm | Business | 0 Comment(s) Bombardier CRJ 900 aircraft The Akwa Ibom State Government, on Tuesday,...
Namibia: (May 14, 2020) - Namibia’s president on Thursday slapped a five-year ban on buying new cars for top politicians and government officials in order to channel funds into fighting coronavirus, his...
Nigeria: (May 14, 2020) - China Mobile International, Facebook, MTN Global Connect, Orange, stc, Telecom Egypt, Vodafone and WIOCC are teaming up to build 2Africa subsea cable that will connect 23 countries...
Nigeria: (May 06, 2020) - No fewer than 400 employees at the American University of Nigeria, Yola, have been laid off by the governing council of the university. The university was founded by the former Vice...
Nigeria: (May 03, 2020) -     As businesses worldwide take a hit as a result of the COVID-19 pandemic, Access Bank has informed employees that it will be implementing a reduced pay-structure,...
Nigeria: (May 01, 2020) - Access Bank PLC is planning to cut salaries of its workers to prevent job losses as lockdown occasioned by coronavirus has drastically affected its income. Sources in the bank told...
Nigeria: (May 01, 2020) - Indigenous oil and gas producers in the country as well as several Deposit Money Bank (DMB) operations may be heading towards a near collapse. This follows the inability of the oil...
Nigeria: (Apr 29, 2020) - The International Monetary Fund (IMF), on Tuesday, approved US$3.4 billion emergency financial assistance for Nigeria to fight coronavirus. The Executive Board approved Nigeria’s...
Nigeria: (Apr 21, 2020) - The National Bureau of Statistics on Tuesday said the Consumer Price Index, which measures inflation rose by 12.26 per cent year-on-year in March. The bureau in the CPI report said...
Nigeria: (Apr 19, 2020) - The Chairman and Chief Executive Offucer ( CEO) of Air Peace, Mr. Allen Onyema has declared he is not interested in politics, insisting he is a businessman without any political ambition. He...
Nigeria: (Apr 11, 2020) -     The African Development Bank (AfDB) is battling internal wrangles after some employees accused its president, Dr Akinwumi Adesina, of multiple abuses and breaches...
Nigeria: (Apr 10, 2020) - The World Bank Group said on Thursday that Coronavirus will drive many African countries, such as Nigeria, South Africa and Angola into recession, the first for Sub-saharan bloc in...
Nigeria: (Apr 09, 2020) - The African Development Bank (AfDB) launched a $10 billion COVID-19 response facility on Wednesday aimed at helping the continent confront the pandemic, which is already wreaking havoc...
Nigeria: (Apr 07, 2020) - Nigeria Federal Government is seeking $6.9 billion (equivalent of N2.53 trillion) from the International Monetary Fund (IMF), the World Bank, the African Development Bank and the Islamic...
Nigeria: (Apr 06, 2020) - About 20 million jobs are at risk in Africa as the continent’s economies are projected to shrink this year due to the impact of the coronavirus pandemic, according an African...
Nigeria: (Apr 02, 2020) - Coronavirus, also known as Covid-19, has infected the world and its systems. The social, economic, political and religious lives of the people are changing faster than ever imagined....
Nigeria: (Apr 01, 2020) - The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol from N125 to N123.50k per...
Nigeria: (Mar 28, 2020) - International Monetary Fund Managing Director Kristalina Georgieva in Washington, DC on Friday said “it is clear” that world has “entered a recession as bad or worse”...


 
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