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BUSINESS NEWS
Business and Economic News from Nigeria
There appear to be a lot of controversies trailing the recently introduced infectious disease bill that just passed...
Foreign investors have been staying off the Nigerian equities market lately, opposing attractive valuations on some of Nigeria’s blue-chip firms.
Afreximbank's President, Prof. Benedict Oramah, said that the grant was given in response to a request by African Heads of State.
While some companies have resorted to laying off employees, Access Bank has taken the empathetic route of trimming operating costs through salary cuts.
Brent crude had an impressive gain of about 23%, while U.S oil surged by about 17%.
The Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance bank, on behalf of the Central Bank of Nigeria (CBN), has started the disbursement of the N50 billion Targeted Credit Facility (TCF) to the beneficiaries.
Although there have been a few gainers, most companies have lost major earnings due to COVID-19.
The Federal Internal Revenue Service (FIRS) has assured all taxpayers with outstanding tax debt that interests and penalties will be waived but with a condition.
The Nigeria stock market finished higher for the fourth day in a row, as the avalanche of corporate earnings reports continues
The naira is likely to keep falling due to surging demand for the U.S dollar as Nigeria’s Central Bank begins Fx sales to Nigerian banks
Communicate new/reviewed policies to staff to reduce the spread of Covid-19 in the workplace in a simple and unambiguous manner.
Appendix I. Letter of Intent April 21, 2020 Ms. Kristalina Georgieva Managing Director International Monetary Fund (IMF) Washington,...