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Niger Delta Development Commission (NDDC)

NDDC shuts operations, earmarks N1 billion for states to combat coronavirus

About nine states are set to benefit from the N1 billion pledged by the Niger Delta Development Commission (NDDC) to combat the Coronavirus disease.
FBN Holdings Plc, First Bank, FirstBank ‘VYBES’ Nigerians all through December, First Bank donates additional N1 billion to facilitate fight against COVID-19

First Bank donates additional N1 billion to facilitate fight against COVID-19

First Bank announced yesterday that it had donated the sum of N1 billion to facilitate the fight against the Coronavirus pandemic in Nigeria.
Airbnb releases $250 million relief fund to help affected hosts

Airbnb releases $250 million relief fund to help affected hosts

Airbnb has offered to pay its hosts $250 million for two and a half months reservations that have been cancelled as a result of the Coronavirus outbreak.
Dividends announced on the Nigerian stock exchange

List of Dividends announced so far in 2020 (March)

List of Dividends announced so far in 2020 (March)
Growth must be seen in citizens' lives, AFDB President to African leaders, AFDB launches $3 billion “Fight COVID-19” social bond

AFDB launches $3 billion “Fight COVID-19” social bond

ADB has launched a $3 billion “Fight COVID-19” Social Bond, the largest USD social bond transaction ever recorded in the capital market.  
Bola Tinubu, coronavirus, Covid-19: Tinubu asks FG to print more naira notes, outlines economic measures, COVID-19: Tinubu donates 200million

COVID-19: Tinubu donates 200 million

Bola Ahmed Tinubu has donated N200 million to aid the fight against Coronavirus as part of events to mark his 68th birthday celebration.  
Crude oil in Nigeria, Oil producing states in Nigeria, Department of Petroleum Resources, DPR yet to recognise Anambra Enugu and Kogis States as oil producers, West Africa’s crude inventory is building up as demand slows due to Coronavirus, Oil at $26, as Saudi Arabia in no retreat no surrender oil battle with Russia

Oil at $26, as Saudi Arabia in no retreat no surrender oil battle with...

Oil prices slumped on Monday morning in Asia as the Coronavirus pandemic continued to hurt demand while the price war between Saudi Arabia and Russia remained unresolved.
CBN-Governor-Emefiele, Investors’ and Exporters’ forex window aided Naira stability – Emefiele , Financial Inclusion: CBN licensed 15 mobile money operators – Emefiele , Rates continue to decline as banks struggle to meet CBN’s 65% minimum LDR, CBN releases new guidelines, to fine banks N2 million over customers’ complaint , CBN: FG fell short of monthly allocated collected revenue by N388 billion, CBN issues new rule for use of PoS, merchants to face sanction after deadline, CBN may devalue naira in 2020 as experts highlight red flags in the economy, CBN appoints and redeploys directors within its ranks, Banks look to lending rates for revenue, as slash on e-transaction charges affect operations, CBN discloses currency in circulation worth N2.44 trillion, CBN to commence recycling of mutilated naira notes, Agriculture: CBN's revised policy on the dairy industry, CBN condemns foreign money transfers to Nigeria, Experts outline effect of CBN’s longer term contract, Bank’s lending rates decline albeit slower than expected, CBN releases new capital base, sanctions for Microfinance Banks, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019, CBN insists on no devaluation, threatens to sanction those responsible for false speculations, CBN considers interest rate cut as trade, economy decline over Coronavirus, Defending the naira at a cost, CBN announces initial policy response to COVID-19, CBN stops oil companies from selling dollar to NNPC, here’s why, Amid Coronavirus spread, CBN directs staff to stay at home, External reserves to fall below $30 billion, more forex restrictions expected

External reserves to fall below $30 billion, more forex restrictions expected

Analysts have predicted the foreign reserves to fall below $30 billion if some measures are not taken. 
Keystone Bank gets new acting CEO, Why Social Media reacted to Keystone Bank’s N1 billion Coronavirus donation

Why Social Media reacted to Keystone Bank’s N1 billion Coronavirus donation

Mixed social media reactions trailed the news about Keystone Bank’s donation of the sum of N1 billion towards facilitating Nigeria’s fight against COVID-19.
COVID-19: President Buhari sets up committee to look at impact on 2020 budget, The good, bad and ugly of low oil prices for Nigeria, Just-in: Finally President buhari to address the nation today

President Muhammadu Buhari’s full speech on COVID-19 pandemic

ADDRESS BY H.E. MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE COVID-19 PANDEMIC SUNDAY 29TH MARCH, 2020 1. Fellow Nigerians, 2. From the...

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COVID-19 could save naira from depreciating further

COVID-19 could save naira from depreciating further

The global spread of COVID-19 and fear of another surge later in the year could limit travel plans for dollar-hungry Nigerians, easing pressure on the already troubled naira.

Lagos seals off Jumia warehouse for contravening lock-down order

The Lagos State Government has sealed off of the business premises of one of the largest online marketing store in Africa, Jumia.
Seplat, stakeholders call for collaboration on Customer Protection Act, Seplat Petroleum announces closed period, as directors meet on March 19th, Seplat Petroleum announces a final dividend of at $0.05 per ordinary share, Seplat Petroleum donates items for management of COVID-19 to Edo

Seplat Petroleum donates items for management of COVID-19 to Edo

Seplat Petroleum Development Company on Wednesday joined the league of Nigerian corporates to donate to the fight against coronavirus  
Consolidated Hallmark Plc announces close period ahead of Q3 2019 results  , Consolidated Hallmark Insurance Plc. Group records N711.5million profit Up 33%  

Consolidated Hallmark Insurance declares N711.5 million profit, up 33%  

Consolidated Hallmark Insurance Plc. group released its audited full-year 2019 results after today’s trading hours. Here are the highlights.
How your stocks performed last week, Bears rule at the stock market, lose N174.37 billion on Wednesday , Nigerian bourse up 0.54% as Investors gain N63 billionBears dominate Nigerian bourse Index down 0.94%, trading volume remains low

Bears dominate Nigerian bourse Index down 0.94%, trading volume remains low

The bearish trend persisted in the Nigerian bourse as the Nigerian All Share Index fell further by -0.94 % to close at 21,100.54 points.