Category: Business
Oil price falls below $30 as fears of second Coronavirus take hold
Oil prices fell, on Wednesday, as potential OPEC+ plans to deepen supply cuts were overshadowed by demand concerns exacerbated by a possible second wave of...
COVID-19: Nigeria, others lose $200 billion in 2020 – IMF
Nigeria and other countries in sub-Saharan Africa will lose about $200bn in incomes by the end of 2020, according to the International Monetary Fund. The development is...
Reps approve N850 billion loan request by Buhari
The House of Representatives has approved the request by the President, Major General Muhammadu Buhari (retd.), to borrow N850bn to fund the 2020 budget. The Senate had...
Smugglers attack customs officers in Ogun State
At about 1930hours on Friday 8th May, 2020, Officers and Men of Nigeria Customs Service Ogun I Command went on information patrol to Ilashe village in Ipokia...
Don’t fund supplementary budget with COVID-19 contributions, Coalition .
….Asks govt to fix health institutions nationwide The alliance of labour and over 70 civil society groups led by Lagos laywer, Mr Femi Falana has called for a...
NSE’s key performance indicators open week with 0.39 loss
The nation’s bourse resumed trading for the week on Monday on a bearish trend with the crucial indices dropping by 0.39 per cent. Specifically, the All-Share...
NEITI: FAAC disburses N1.95tr from Jan to March
Reveals ‘wide disparity between states’ The Nigerian Extractive Industries Transparency Initiative (NEITI) says the Federation Accounts Allocation Committee...
COVID-19: Saudi suspends monthly stipends to citizens, triples VAT
Saudi Arabia’s seems not immured from the vagaries of the Coronavirus pandemic as its finance minister on Monday said the kingdom will triple its Value Added...
SEC Reiterates Full Disclosure by CMOs
..,Reopens head office The Securities and Exchange Commission, SEC has reminded regulated entities in the capital market to continue to make adequate...
Falling oil prices won’t affect Forex repatriation – CBN
The Central Bank of Nigeria (CBN) has assured investors of the security of their investments in the country in spite dwindling revenue from the sale of crude oil...
