COVID-19: Seyi Makinde recovers, resumes work
Governor of Oyo State, Seyi Makinde has recovered from the Coronavirus infection and resumed work as head of the COVID-19 ...
COVID-19: Middle East Airlines evacuates Lebanese from Nigeria
The Lebanese Government has called for the evacuation of its nationals from Nigeria as a result of the Coronavirus pandemic.
Oil prices drop as Saudi Arabia and Russia postpone their meeting
Oil prices dropped on Monday after the Saudis and the Russians postponed a meeting to discuss potential oil production cuts.
UPDATE: Fitch downgrades Nigeria’s IDR to “B”, says CBN’s remedial policy not enough
A new report by Fitch has downgraded Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to a 'B' rating.
NCDC activates new facility for COVID-19 testing
The Nigeria Centre for Disease Control (NCDC) has activated a new COVID-19 testing facility in Lagos.
COVID-19: FIRS grants concessions to taxpayers, outlines other measures
The FIRS, in its response to the impact of COVID-19 in its operations, has launched business continuity plan and measures ...
Debt crisis looms in emerging markets
Emerging market economies could begin defaulting on their bonds in the coming weeks,this is due to the COVID-19 pandemic.
CBN reverses suspension order on dispute management operations, interswitch reacts
Interswitch Group has denied being directed by the Central Bank of Nigeria (CBN) to suspend all dispute management operations.
Riding the pandemic wave: Time to stock up
Nestle Nigeria reported Revenue growth of 6.7% y/y to N284.0 billion for FY 2019 from N266.3 billion and post-tax profit ...
COVID-19: Nigeria needs $50 billion to survive an impending recession
At Nigeria’s GDP of N144trillion, the lock down could cost the country a whopping N21 trillion or $50 billion.
