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CORONAVIRUS PANDEMIC
The NERC has suspended the payment of the new electricity tariffs earlier scheduled to take off today, April 1, for at least three months.
Standard Chartered Bank recently disclosed that it had committed $1 billion towards financing companies whose production activities are crucial as this time.
Banks in Nigeria have intensified their digital marketing efforts, as they encourage their customers to stay safe by adopting online banking
There appears to be no let-off for Nigerian local currency, Naira as the mounting pressure on it continues unabated.
First Bank announced yesterday that it had donated the sum of N1 billion to facilitate the fight against the Coronavirus pandemic in Nigeria.
Prudential Zenith Life Insurance is rolling out a range of services to help customers cope with the lockdown occasioned by the Coronavirus pandemic.
President Muhammadu Buhari ordered the lockdown of three states (FCT, Lagos and Ogun) in a bid to control the spread of COVID-19.
The Central Bank of Nigeria (CBN), on Monday, announced that all deposit money banks in the country and the Nigerian Interbank Settlement System (NIBSS) are to suspend the clearing of all cheque instruments in the Nigerian Clearing System, starting from today March 31st, 2020.
IMF has disclosed its plans to support countries affected by the adverse effects of the coronavirus pandemic especially low-income countries.
Oil prices slumped on Monday morning in Asia as the Coronavirus pandemic continued to hurt demand while the price war between Saudi Arabia and Russia remained unresolved.
Analysts have predicted the foreign reserves to fall below $30 billion if some measures are not taken.
The Nigeria Centre for Disease Control (NCDC) has confirmed eight new cases of coronavirus, also known as COVID-19. This means the total confirmed cases in the country is now 89.