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NIGERIAN BUSINESS NEWS

Leadway Assurance has announced its donation of PPE materials, COVID-19 test kits and foodstuff as part of its efforts to support optimal testing and treatment of COVID-19 cases.
The Federal Government has expressed its readiness for talks with other Organization of Petroleum Exporting Country (OPEC) member states
The Nigerian Communications Commission (NCC) has dismissed reports connecting the 5G network to the coronavirus disease. 
President Muhammadu Buhari has given approval that the sum of $150 million should be withdrawn from the stabilization fund of the Nigerian Sovereign Wealth Fund
Transcorp Plc has announced that its 14th Annual General Meeting (AGM) will now hold on Tuesday, April 28, 2020.
A new report by Fitch has downgraded Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to a 'B' rating. 
The FIRS, in its response to the impact of COVID-19 in its operations, has launched business continuity plan and measures to ensure the safety of taxpayers.
Emerging market economies could begin defaulting on their bonds in the coming weeks,this is due to the COVID-19 pandemic.
Interswitch Group has denied being directed by the Central Bank of Nigeria (CBN) to suspend all dispute management operations.
Nestle Nigeria reported Revenue growth of 6.7% y/y to N284.0 billion for FY 2019 from N266.3 billion and post-tax profit growth of 6.2% y/y to N45.7 billion.
At Nigeria’s GDP of N144trillion, the lock down could cost the country a whopping N21 trillion or $50 billion.
Interswitch assures that our transaction support operations continue to run without any hitches,