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NIGERIAN BUSINESS NEWS
Crude oil expanded its gains on Thursday amid signals coming from oil production cuts by major oil producers.
American communications technology giant, Zoom Video Communications Inc, has reported a 50% increase in the daily use of the online meeting application in the past 3 weeks.
Leadway Assurance Company Limited has announced a giveback for its Personal Motor Comprehensive Insurance policyholders.
“Each one of us must play our part and we can win this fight against COVID-19. I am committed to this fight, are you?” - Abdul Samad Rabiu.
GTBank’s Loan Book also grew by 8.0 % to N1.622 trillion in March 2020, just as customers’ deposits increased by 9.3% to N2.77 trillion in Q1 2020.
The vultures of finance at the center point of the COVID-19 pandemic causing significant economic damage around the world.
Oil prices have continued its downward trend, with Brent crude falling below its average unit cost of production of c.US$23. T
The downward slide of the naira in the parallel market appears to be continuing unabated as the slump in crude oil prices
The Nigerian bourse ended today’s trading on a positive note, as the All-Share Index appreciated by +0.66% to close at 22,780.30 index points
This is no good for tobacco manufacturers globally,WHO and health experts have started vigorous campaigns against tobacco and nicotine smoking
Nigerian online media company, Stears, has raised $600,000 seed funding to expand its media and information products.
World Bank has projected that the remittances to Nigeria, Egypt, Senegal and other Low and Middle-income Countries (LMICs) would drop sharply by 19.7% to $445 billion in 2020