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Nigeria, others to secure GPE’s $250 million Coronavirus support fund

Nigeria, others to secure GPE’s $250 million Coronavirus support fund

Nigeria and other 38 African countries are set to secure the $250 million funding provided by the Global Partnership for Education (GPE).
Chinese Engineering firm donates medical supplies to Nigeria

Chinese engineering firm donates medical supplies to Nigeria amid Covid-19

CCECC has donated over one million masks and other medical supplies, as part of its CSR to help Nigeria combat the COVID-19 pandemic.
NloTEK develops COVID-19 solution for elderly and vulnerable, receives $6,000 from Cairo Angels

NloTEK develops COVID-19 solution for senior citizens, wins $6,000 from Cairo Angels

As the confirmed cases of the Coronavirus hit over a million globally, tech startup, NloTEK, has been selected to develop solutions that could aid in the fight against the pandemic.
NAICOM, Recapitalisation: 44 firms get NAICOM’s nod , NAICOM boss makes case for recapitalisation, insists the exercise will solidify insurance sector , NAICOM extends recapitalisation deadline for insurance companies to meet new capital base, Due to lack of ‘process’, NAICOM says no insurance firm has met recapitalisation requirement, Insurance: Recapitalisation exercise sets consolidation in motion, Insurance firms are reportedly selling off assets to meet NAICOM’s recapitalisation deadline, Insurance: NAICOM mulls extension of recapitalization exercise

INSURANCE: NAICOM mulls extension of recapitalisation exercise

There are indications that NAICOM will extend the deadline for the recapitalisation of insurance and reinsurance companies for the second time.
British Pounds Sterling plunges, British PM admitted to Intensive care Unit 

British Pound plunges, as PM gets admitted to Intensive care

The market responded negatively after British Prime Minister, Boris Johnson was admitted into the Intensive Care Unit yesterday due to complications from Coronavirus. 
KPMG outlines the impact of a Twin Shock on Nigeria

KPMG Nigeria outlines the impacts of a Twin Shock on Nigeria

Nigeria is feeling the heat and that is because its sole dependence on oil has made it suffer a Twin Shock.
FBNQuest Trustees, Anniversary,FBNQuest Trustees, Marks 40th Anniversary of preserving legacies in Nigeria

FBN Holdings Plc’s gross earnings surge to N627 billion in FY 2019

FBN Holdings Plc has released its full-year 2019 audited financial report. We have summarised the key details for you.
CBN injects $218.41 million in SMIS, Coronavirus: CBN advises Nigerians to go cashless ahead of April 1 set date, Financial sector to offer skeletal services despite restrictions, COVID-19: CBN warns of cybercriminals, outlines the methods they use

Fraud alert: CBN warns of cybercriminals, outlines the methods they use

The CBN has issued a fraud alert about the activities of cyber-criminals who are taking advantage of the current coronavirus pandemic to defraud citizens.
NEC Inauguration: Buhari tells Governors "no more bail-outs", Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks , Ekiti, Enugu, Bayelsa, 12 others attract no investment in 1H , States’ debt stock, States receive N2.53 trillion allocation in 2019 , IGR: States generate N986.2 billion in 9-month, up by 16.8% [full-list], FG share N8.15 trillion with states, others in 2019 , FAAC disburses N647.35 billion in February as allocation drops further

FAAC disburses N647.35 billion in February as allocation drops further

The Federal Account Allocation Committee (FAAC) disbursed the sum of N647.35 billion to the three tiers of government in February 2020.
Nigeria plans to support oil price with lower production cost per barrel, NNPC records 34% increase in trading surplus, NNPC begs security agencies to allow petrol tankers commute during lockdown, FG abolishes petrol subsidy regime as full deregulation sets in

FG abolishes fuel subsidy regime as full deregulation sets in

Nigeria has finally bowed to long-standing pressure to restructure the downstream segment of the Nigerian oil industry through the removal of fuel subsidy. 

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COVID-19: Atiku says Nigeria, other African countries haven’t seen anything yet

COVID-19: Atiku pick holes in FG’s approach to pandemic

Former Vice President Atiku Abubakar expects the government to look inward, stop seeking foreign loans and avoid visiting developed nations with cap in hands. 

WorldRemit Cash Pick Up Service – Your top COVID-19 related questions answered

Are you worried about receiving international cash remittances during the Coronavirus pandemic? WorldRemite has got you covered.
COVID-19: Otedola pledges N1 billion donation for Nigeria to combat disease, Otedola backtracks, says Adenuga has redeemed N1 billion pledge to the CACOVID fund

Adenuga has redeemed N1billion pledge to the CACOVID fund- Otedola

Chief Mike Adenuga has fully redeemed his pledge of N1 billion to the Private Sector Coalition against COVID-19. 
Disrupting Nigerian banks, Evolution of Nigerian banks in 59-years , GTB, UBA, Zenith, Access Banks’ salary advance loans, Can a company operate without a website in 2019? , Banks refund N3.09 billion to customers over claims on excess charges, fraud, others  , Bank CEOs applaud NCC’s decision to suspend USSD charges, GTBank, Zenith, Access, FBN, 10 others spend over N8 billion on CSR, Banking: Evolving trends in the bankers’ market, GTBank, Access, FBNH, Standard Chartered wrestle over women entrepreneurs , GTBank, Access Bank, Zenith, FBN, 16 others disburse CBN’s N610.4 billion to farmers , Credit to government declines, as Credit to private sector hits N25.8 trillion, Banking sector NPLs down, loans up, Non-Performing Loans in Agriculture, construction, others rose to N143.76 billion, Asset seizure: Banks begins recovery of N6.125 trillion borrowed to the oil sector, Customer Experience: GTB, FCMB, Citibank, others emerge best banks in 2019, Nigeria’s top 5 banks spent more than N40 billion on adverts in 2019, Nigerian banks face risky future over low oil prices, coronavirus, Testing the financial strength of Nigerian banks

New stress test reveals which banks are most prepared to withstand Covid-19

This article reviews the strength of Nigerian banks by checking for asset quality deterioration through reviewing their recent audited financial results.
How to Get Up To A 6-Million-Naira Loan In 24 Hours From Rosabon Financial Services

How to Get Up To A 6-Million-Naira Loan In 24 Hours From Rosabon Financial...

Is Coronavirus causing you some financial constraints? If your answer is yes, then Rosabon Financial Services is your best bet to acquire the much-needed funds at this uncertain time.