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KPMG outlines the impact of a Twin Shock on Nigeria

KPMG Nigeria outlines the impacts of a Twin Shock on Nigeria

Abiola Odutola -
0
Global stocks tumble on "corona" sell off, BLOODY WEEKS: Coronavirus cost investors N1 trillion, triggers devaluation fears, Global Market Summary on Tuesday, Analysis: The economy is crashing, avoid falling knives,, Debt crisis looms in emerging markets,Debt crisis looms in emerging markets

Debt crisis looms in emerging markets

Olumide Adesina -
0
FG runs N1.14 trillion budget deficit in three months , Nigeria cannot beat ECOWAS single currency deadline, here’s why , Nigeria considers request for debt relief as debt stock climbs

Nigeria considers request for debt relief as debt stock climbs

CSL Stockbrokers -
0
Brent crude drops to $25, oil demand drops by about 10% of world’s consumption, Brent Crude Oil hits $26, as Nigeria's Sweet Crude demand falls

Brent crude drops to $25, demand drops by about 10%

Olumide Adesina -
0
COVID-19: How the tables turned on Europe, COVID-19 wreaks havoc on earth but there’s hope, COVID-19: NPA, NCDC disagree over new cases in Lagos

COVID-19 wreaks havoc on earth but there’s hope

Op-Ed Contributor -
0
CBN-Governor-Emefiele, Investors’ and Exporters’ forex window aided Naira stability – Emefiele , Financial Inclusion: CBN licensed 15 mobile money operators – Emefiele , Rates continue to decline as banks struggle to meet CBN’s 65% minimum LDR, CBN releases new guidelines, to fine banks N2 million over customers’ complaint , CBN: FG fell short of monthly allocated collected revenue by N388 billion, CBN issues new rule for use of PoS, merchants to face sanction after deadline, CBN may devalue naira in 2020 as experts highlight red flags in the economy, CBN appoints and redeploys directors within its ranks, Banks look to lending rates for revenue, as slash on e-transaction charges affect operations, CBN discloses currency in circulation worth N2.44 trillion, CBN to commence recycling of mutilated naira notes, Agriculture: CBN's revised policy on the dairy industry, CBN condemns foreign money transfers to Nigeria, Experts outline effect of CBN’s longer term contract, Bank’s lending rates decline albeit slower than expected, CBN releases new capital base, sanctions for Microfinance Banks, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019, CBN insists on no devaluation, threatens to sanction those responsible for false speculations, CBN considers interest rate cut as trade, economy decline over Coronavirus, Defending the naira at a cost, CBN announces initial policy response to COVID-19, CBN stops oil companies from selling dollar to NNPC, here’s why, Amid Coronavirus spread, CBN directs staff to stay at home, External reserves to fall below $30 billion, more forex restrictions expected, UPDATE: Fitch downgrades Nigeria's IDR to "B", says CBN's remedial policy not enough

CBN introduces uniform exchange rate for naira

Chike Olisah -
11
IMF says it can mobilize $1 trillion loan to help countries counter Coronavirus

IMF says it can mobilize $1 trillion loan to help countries...

Chidinma Nwagbara -
0
Ban on generators: Throwing the baby with the bath water, Nigerians spend $14 billion on generators, fuel as Senators seek ban on generator use

Nigerians spend $14 billion on generators, fuel

Fakoyejo Olalekan -
1
CBN-Governor-Emefiele, Investors’ and Exporters’ forex window aided Naira stability – Emefiele , Financial Inclusion: CBN licensed 15 mobile money operators – Emefiele , Rates continue to decline as banks struggle to meet CBN’s 65% minimum LDR, CBN releases new guidelines, to fine banks N2 million over customers’ complaint , CBN: FG fell short of monthly allocated collected revenue by N388 billion, CBN issues new rule for use of PoS, merchants to face sanction after deadline, CBN may devalue naira in 2020 as experts highlight red flags in the economy, CBN appoints and redeploys directors within its ranks, Banks look to lending rates for revenue, as slash on e-transaction charges affect operations, CBN discloses currency in circulation worth N2.44 trillion, CBN to commence recycling of mutilated naira notes, Agriculture: CBN's revised policy on the dairy industry, CBN condemns foreign money transfers to Nigeria, Experts outline effect of CBN’s longer term contract, Bank’s lending rates decline albeit slower than expected, CBN releases new capital base, sanctions for Microfinance Banks, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019, CBN insists on no devaluation, threatens to sanction those responsible for false speculations, CBN considers interest rate cut as trade, economy decline over Coronavirus, Defending the naira at a cost, CBN announces initial policy response to COVID-19, CBN stops oil companies from selling dollar to NNPC, here’s why, Amid Coronavirus spread, CBN directs staff to stay at home, External reserves to fall below $30 billion, more forex restrictions expected, UPDATE: Fitch downgrades Nigeria's IDR to "B", says CBN's remedial policy not enough

CBN considers interest rate cut as trade, economy decline over Coronavirus

Fakoyejo Olalekan -
0
COVID-19: President Buhari sets up committee to look at impact on 2020 budget, The good, bad and ugly of low oil prices for Nigeria, Just-in: Finally President buhari to address the nation today

South African economy falls into second recession in two years

Fakoyejo Olalekan -
0
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COVID-19: Ecobank commits about N100 million to national radio campaign “StaySafeNigeria”

Villgro Kenya joins list of investors hunting for innovative ideas to fight Covid-19

Fakoyejo Olalekan -
0
Villgro Kenya, a healthcare-focused incubator and investor, has joined the growing list of investors who are seeking to fund  startups with innovative ideas that can help in the fight against the Coronavirus pandemic.
Nigeria, others to secure GPE’s $250 million Coronavirus support fund

Nigeria, others to secure GPE’s $250 million Coronavirus support fund

Chidinma Nwagbara -
0
Nigeria and other 38 African countries are set to secure the $250 million funding provided by the Global Partnership for Education (GPE).
Chinese Engineering firm donates medical supplies to Nigeria

Chinese engineering firm donates medical supplies to Nigeria amid Covid-19

Ruth Okwumbu -
0
CCECC has donated over one million masks and other medical supplies, as part of its CSR to help Nigeria combat the COVID-19 pandemic.
NloTEK develops COVID-19 solution for elderly and vulnerable, receives $6,000 from Cairo Angels

NloTEK develops COVID-19 solution for senior citizens, wins $6,000 from Cairo Angels

Fakoyejo Olalekan -
0
As the confirmed cases of the Coronavirus hit over a million globally, tech startup, NloTEK, has been selected to develop solutions that could aid in the fight against the pandemic.
NAICOM, Recapitalisation: 44 firms get NAICOM’s nod , NAICOM boss makes case for recapitalisation, insists the exercise will solidify insurance sector , NAICOM extends recapitalisation deadline for insurance companies to meet new capital base, Due to lack of ‘process’, NAICOM says no insurance firm has met recapitalisation requirement, Insurance: Recapitalisation exercise sets consolidation in motion, Insurance firms are reportedly selling off assets to meet NAICOM’s recapitalisation deadline, Insurance: NAICOM mulls extension of recapitalization exercise

INSURANCE: NAICOM mulls extension of recapitalisation exercise

CSL Stockbrokers -
0
There are indications that NAICOM will extend the deadline for the recapitalisation of insurance and reinsurance companies for the second time.
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