Nigeria’s bonny light crude avoids price crash
Oil prices, particularly WTI, crashed below $0 during on Monday for the first time ever sending shock waves across the ...
Tag: Nigerian Business News
Fire outbreak at CBN office in Jos
There is a fire outbreak at the Jos branch of Central Bank of Nigeria.
Bears tear Crude oil futures into shreds as Brent slumps more than 20%
Brent crude futures slumped by more than 25% on Tuesday 10.45 am Nigerian local time, closing below $20 a barrel.
New report reveals how companies are adjusting to COVID-19 pandemic
Executives in different industries are seeking innovative ways to protect the health of their employees whilst reinforcing their companies’ resilience ...
Q1 2020 Results: United Capital PLC posts PBT increase of 53%
This Earnings Press Release should be read in conjunction with the Unaudited Financial Statements for the period ended March 31, ...
Bulls hit back to support U.S crude oil amid panic sell-offs in global equity markets
U.S. crude rose on Tuesday morning, but a historic fall in its May contract, which plunged below zero, raised concerns among investors
How to access the N50 billion CBN Covid-19 intervention fund for SMEs
CBN introduced an N50 billion Targeted Credit Facility (TCF) as a stimulus package to support households and micro, small and ...
Quick take: Loss from discontinued operations drives UACN’s net loss in FY 2019
UAC of Nigeria Plc released its FY2019 audited results over the weekend. We note that the comparative figures of FY ...
Stanbic IBTC gives update on its business continuity approach amid COVID-19 lockdowns
Stanbic IBTC Holdings Plc has updated its stakeholders about its business continuity approach amid the current Covid-19 lockdowns in Abuja, Lagos, and Ogun states.
Nigeria’s Inflation rate jumps to 12.26% in March as recession looms
According to the NBS report, month on month, inflation rose by 12.26% in March 2020, higher than the rate (12.20%) ...
