Economy
News and analysis on the Nigerian economy
Developing countries will pay less for COVID-19 drug – Gilead reveals
After making the announcement on Monday, Gilead’s share price jumped up 2.7% to in premarket trading.
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FG extends phase 2 of eased lockdown by 4 weeks, lifts ban on interstate travel
The Federal Government has given permission for interstate movement outside of the curfew hours.
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FG to announce next phase of eased lockdown tomorrow
The announcement was made by the Chairman of the Presidential Task Force on COVID-19.
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Buhari receives briefing from PTF on COVID-19 as phase 2 of lockdown ends
The Presidential Task Force was led by its Chairman, Boss Mustapha.
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FPI and FDI drop to $68 million and $18 million respectively in April, lowest since 2016
The Covid-19 economic lockdown impacted negatively on investor inflow into Nigeria.
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EFG Hermes highlights sectors that will boom Post-COVID
Investors and executives will nevertheless have to navigate a changed landscape.
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WHO, Partners to deliver 2 billion doses of COVID-19 vaccines
WHO and its key partners approximate that about $18.1 billion will be needed to execute the plan.
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Nigerian businesses are optimistic about July – CBN
Regarding the currency outlook, respondent firms expect the Naira to depreciate in the current month.
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Abiola Ajimobi, Ex-Oyo governor, is dead
Ajimobi died from multiple organ failure caused by complications from COVID-19.
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MTN, Airtel, others partner UN to build COVID-19 information platform in Africa
The platform will deliver COVID-19 information to about 600 million people in the continent.
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