Business News from Nigeria, Africa and the world

Akinwunmi Adesina, Afdb, Africa’s GDP could fall by 3.4% in 2020 if COVID-19 continues – AFDB

Around the World1 day ago

Africa’s GDP could fall by 3.4% in 2020 if COVID-19 continues – AfDB

The bank warns projected GDP losses for 2021 ranges from $27.6 billion to $47 billion.

Over 600 companies bid for 57 marginal oilfields – DPR

Energy1 day ago

Over 600 companies bid for 57 marginal oilfields – DPR

The Director said Nigeria’s last bid round for the marginal fields was in 2003.

Financial Services1 day ago

Union Bank announces closed period as it readies to release H1 2020 result

Union Bank reported a profit after tax of N6 billion in Q1 2020.

CBN sandbox operations, Stirling Trust Company Limited

Financial Services1 day ago

CBN gives approval for Stirling Trust to start offering cash-in-transit services

Stirling Trust Company Limited specialises in financial services, investment, logistics & human capital management services.

GTB releases FY result for 2019, grows PBT by 7.5%

Appointments1 day ago

Segun Agbaje elected into PepsiCo Board of directors

Mr. Agbaje will join the Board and the Audit Committee effective July 15, 2020.

$NCC orders immediate suspension of USSD charges by telcos, 5G Network to undergo 3 months trial before approval - NCC , NCC licenses 20 new Internet service providers amidst challenges , 150 million Nigerians risk being defrauded – NCC , NCC warns telcos against cyber fraudsters , NCC rolls out new regulations on drone use, NCC licenses 10 new VAS providers as it projects market to hit $500 million , NCC, Infracos set to develop broadband infrastructure with N265 billion raise , Telecommunications: Broadband penetration set to grow, Telecoms operators fined N2.9 billion over infractions , NCC reacts to claims that minister chased away diaspora commission staff from office complex$ $NCC orders immediate suspension of USSD charges by telcos, 5G Network to undergo 3 months trial before approval - NCC , NCC licenses 20 new Internet service providers amidst challenges , 150 million Nigerians risk being defrauded – NCC , NCC warns telcos against cyber fraudsters , NCC rolls out new regulations on drone use, NCC licenses 10 new VAS providers as it projects market to hit $500 million , NCC, Infracos set to develop broadband infrastructure with N265 billion raise , Telecommunications: Broadband penetration set to grow, Telecoms operators fined N2.9 billion over infractions , NCC reacts to claims that minister chased away diaspora commission staff from office complex$