Economy

Economy

FDI crashes by 70% as foreign investors opt for hot money in Nigeria

Economy

FG audits N38.3 trillion public assets to curb waste, boost transparency in public enterprises – MOFI

Economy

Standard Chartered, Citi, Stanbic IBTC account for 80% of Nigeria’s Q1 2025 capital inflow

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Economy

News and analysis on the Nigerian economy

FG commences payment of cash transfer to the vulnerable, as lockdown takes effect

FG is set to commence immediate payment of conditional cash transfer to the poorest and most vulnerable households in the...

Prudential Zenith rolls out virtual services to help customers cope with COVID-19

Prudential Zenith Life Insurance is rolling out a range of services to help customers cope with the lockdown occasioned by...

June 12 public holiday, COVID-19: President imposes lockdown on three states, Africa day 2020: Buhari urges economic groups, CSOs and private sectors to drive peace for economic development

Politics

COVID-19: President imposes lockdown on Lagos, Ogun, FCT

by CSL Stockbrokers

President Muhammadu Buhari ordered the lockdown of three states (FCT, Lagos and Ogun) in a bid to control the spread...

CBN orders DMBs to set deadline for cheques

CBN temporarily suspends cheque clearing during Coronavirus lockdown

by Emmanuel Abara Benson

The Central Bank of Nigeria (CBN), on Monday, announced that all deposit money banks in the country and the Nigerian...

COVID-19, covid-19 testing, coronavirus, NCDC, Kano, NCDC records six COVID-19 related deaths, 357 new cases recorded across 11 states, FCT

COVID-19 cases rise by 20, hit 131

by Abiola Odutola

Coronavirus cases recorded in Nigeria have risen by 20, as they hit 131. The Nigeria Centre for Disease Control disclosed...

Minster for health, FG ignores travel ban calls despite Uganda, US, others move against coronavirus, FG reports 10 new cases of COVID-19, COVID-19: FG to inaugurate 18-man vaccine task team, , FG to establish responsive National Emergency Medical service and Ambulance System - Minister, Covid-19: Nigeria to receive 40 million vaccines by end of 2021- FG

Nigeria records second death from COVID-19

Nigeria has recorded the second death from the novel coronavirus.

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

Financial services sector to offer skeletal services despite restrictions

by Chike Olisah

The Federal Government has exempted the banking and financial services sector to offer some skeletal services during the curfew period.

Business tycoon, Folorunsho Alakija announces N1 billion donation to fight Coronavirus

by Chidinma Nwagbara

Mrs.Folorunsho Alakija has disclosed that she and her husband, would be contributing N1billion to support the fight against COVID-19 in Nigeria.

COVID-19: 6000 cases are being monitored – NCDC

The NCDC has disclosed that about 6000 suspected cases are currently being monitored in Nigeria, due to their contact history...

Politics

COVID-19: NAFDAC approves clinical trials of Chloroquine in Lagos