BREAKING: Nigeria’s Corporate Affairs Commission Headquarters In Abuja On Fire
Days after the office of the Accountant General of the Federation went up in flames, the headquarters of the Corporate…
Category: Local
80,000 Apply For Central Bank Of Nigeria’s Coronavirus Intervention Fund
Three weeks after the Central Bank of Nigeria released the guidelines for the N50bn targeted credit facility, over 80,000 applications…
Nigerian Government Begins Payments to 500,000 N-Power Beneficiaries
The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development has said that the 500,000 N-Power enrollees across the…
Nigeria Records 19 New Cases Of Coronavirus
Nigeria has recorded Nineteen new cases of #COVID-19. Of the 19 new confirmed coronavirus cases, 14 were recorded in Lagos,…
Nigeria’s Debt Service To Revenue Ratio Rises To 48%
The revision of the 2020 revenue framework has raised the Federal Government’s debt service to revenue ratio from the initial…
EU Gives Nigeria €50m Grant To Fight Coronavirus
The European Union has given Nigeria a grant of €50 million to fight Covid-19, President Muhammadu Buhari’s spokesman Femi Adesina…
Nigeria To Earn $10.61bn For Rest Of The Year After Cut In Crude Production
Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by members…
Here Is How You Can Access CBN’s N50bn COVID-19 Intervention Fund
The Central Bank of Nigeria says interested stakeholders must meet its set criteria to access its N50bn intervention loans for…
Coronavirus: Amazon To Add 75,000 More Jobs
Amazon.com Inc said on Monday it plans to hire 75,000 more people for jobs ranging from warehouse staff to delivery…
BREAKING: Nigeria’s President Extends Lockdown in FCT, Lagos, Ogun By 14 Days
Nigerian President, Muhammadu Buhari, has extended the coronavirus (COVID-19) lockdownin the federal capital territory, Lagos and Ogun States by 14…
Petrol Price Could Further Drop By N8/litre –Marketers
The pump price of petrol could drop further by between N5 and N8 per litre, operators in the downstream oil…
Nigerian Stock Market Halts Four Weeks Downtrend
Transactions on the floor of the Nigerian Stock Exchange closed last week on the positive with the equity market recording…
China Has Been Stockpiling Oil For Years. Low Prices Give It Reason To Buy More
Oil is cheaper right now than it has been in years. That’s great news for China — the world’s second…
A Quiet And Somber Easter As Global Coronavirus Death Toll Tops 110,000
Christians around the world celebrated Easter Sunday isolated in their homes by the coronavirus while pastors preached the faith’s joyous…
OPEC+ Finally Strike Agreement To Cut Nearly 10 Million Barrels A Day
DUBAI, United Arab Emirates — OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly…
Coronavirus Spurs ‘Massive Shift’ In Alcohol Supply Chain Not Seen Since Prohibition
With people across the U.S. facing orders to remain in their homes, and bars and restaurants closed as part of…
Nigerian Federal Government, States, LGs Record N413.3bn Allocation Shortfall
The three tiers of government suffered a shortfall of N413.3bn in allocation from the federation account within a two-month period…
Apple And Google Partner On Coronavirus Contact Tracing Technology
Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google said on Friday that they will work together to create contact tracing…
Coronavirus: IMF Names Okonjo-Iweala In Advisory Group
IMF Managing Director, Kristalina Georgieva, on Friday, named a former Nigerian finance minister, Dr. Ngozi Okonjo-Iweala, among a group of…
World Bank Predicts Sharp Fall In Nigeria’s GDP
The World Bank has predicted a sharp fall in Nigeria’s real gross domestic product growth as countries in sub-Saharan Africa…
Nigerian Government, NASS To Pay For Two-month ‘Free Electricity’ –Discos
Power distribution companies on Thursday said that the two-month free electricity to customers announced on Wednesday would be paid for…
Tin Can: Nigerian Customs Rakes In N31.7b In March
Despite the ravaging Covid-19 pandemic, the Tincan Island port command of the Nigeria Customs Service (NCS) has announced a revenue…
Coronavirus Pandemic Is Playing To Almost Every One Of Amazon’s Strengths
As the coronavirus pandemic has forced people to stay inside, few companies have proven themselves as essential as Amazon. From…
You Are Wrong, Uwais, Nigeria’s Minister for Social Investment Lectures National Assembly Leadership On Administration’s Social Investment Programmes
Maryam Uwais, a special adviser to President Buhari on Social Investment Programme has published a long rebuttal to educate the…
Obasanjo, Okonjo-Iweala Demand $44bn Debt Relief For Africa
World leaders, including Olusegun Obasanjo, former president of Nigeria and Ngozi Okonjo-Iweala, former managing director of the World Bank, have…
Nigeria’s Stock Market Extends Gain By N77bn
Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further…
Power Discos To Offer Customers Two-month Free Electricity in Nigeria
Power distribution companies on Wednesday announced that they were in support of proposal by the National Assembly and the Federal…
Nigeria Records 22 New Cases Of Coronavirus
Nigeria has recorded 22 new cases of Coronavirus, 15 in Lagos, four in the Federal Capital Territory, two in Bauchi,…
U.S. GDP Will Contract 30% In Second Quarter, 5% In 2020: PIMCO
The forced closure of businesses across the United States and surge in unemployment due to the coronavirus pandemic will force…
Nigeria’s Federal Government Reduces 2020 Budget
The Federal Government has sent new budget proposal to the National Assembly for consideration in view of global economic realities…