Tag
BUSINESS NEWS
Business and Economic News from Nigeria
Capital erosion and a possible resurgence in banks' non-performing loans are just some of the risks.
The report estimates that Nigeria’s economy would likely contract by 3.2% in 2020.
Manufacturing and general commerce sectors constitute the bulk of the restructured facilities.
IMF warns that the reductions in GDP due to COVID-19 will widen inequality.
This was announced to shareholders during the 60th AGM which was held virtually on Wednesday.
It will boost public trust after hefty fines were levied against Facebook and Google for privacy violations.
To tackle weakened oil demand, OPEC and its major allies agreed to a record supply cut.
The Federal Government has been under increasing pressure to reduce its debt and stimulate growth.
As BTC market capitalization fast approaches the $200 billion mark, Messari’s Lead researcher, Ryan Watkins has crunched the numbers...
The IMF expects poorer nations dealing with the virus to have longer economic recoveries.
The total dividend translates to a dividend per share of N2.01 per share.
As key sectors continue to suffer contraction, unemployment may surge in the economy.