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NIGERIAN BUSINESS NEWS
On Friday, trading activities on the floor of the NSE closed on the positive route, as the bulls regained their grip on the local bourse
The volatility of the global oil market persists as two of the biggest oil-producing countries are considering further output cuts
FMN redeems N1 billion pledge to CACOVID relief fund, donates $1.5 million worth of medical supplies
Flour Mills of Nigeria Plc has redeemed its N1 billion pledge to the CBN-led Private Sector Coalition against COVID-19 (CACOVID) fund.
The Presidential Flood Relief and Rehabilitation Committee, which was set up in 2012 and Chaired by the President of Dangote Group, Aliko Dangote, has announced a donation of N1.5billion to further curtail the virus spread.
financial inclusion is the x-factor needed to transition Nigerian farmers from subsistence to a growth phase.
Uber Technologies, has withdrawn its financial forecast for 2020 and said it will be writing down about $2 billion worth of investments.
COVID-19 pandemic and the crash in oil prices have all but extinguished supply of dollars from the IFEX market (official market for trading forex).
Nigeria’s leading financial inclusion services provider, FirstBank, has unveiled enhanced palliative measures to help its customers and Nigerians through these times of the extended COVID 19 lockdown in some states.
United Bank for Africa (UBA) Plc, has called on its customers to exercise utmost caution in their banking transactions.
Global crude oil prices rose early Friday morning after US President, Donald Trump, laid out unprecedented measures aimed at reviving the American economy which has been devastated by the Coronavirus pandemic.
The Federal House of Representatives, in collaboration with stakeholders in the power sector, has agreed to set up a joint implementation committee on the proposed two-month free power supply to the poor and vulnerable,
The government imposed lockdown has disrupted the movement of food cargoes across the country and will ultimately lead to a food crisis.