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NIGERIAN BUSINESS NEWS
The government is still dithering on deregulation allowing NNPC to reduce prices as it desires.
Information obtained from Abokifx shows that the local currency depreciated to N437 to a dollar on Wednesday, May 6, 2020, as against the N430 to a dollar, it sold the previous day.
The Nigerian stock market gained ground for the eighth day in a row, with the benchmark All Share...
The Federal Government has extended the suspension of both local and international flight operations by another 4 weeks.
Businesses have been classified into low risk, medium risk, and high risk. Those with high risk could be out of business.
“Some companies (banks) have already begun to slash their CAPEX and will most likely cut dividend payouts in 2020.”
It should be recalled that this is not the first time Andela has laid off some of its staff in recent times. Back in September 2019, more than 400 junior Andela employees were sent home.
African Alliance Insurance PLC has announced that its Board of Directors will hold a meeting at 54, Awolowo Road, Ikoyi, Lagos on Wednesday.
Barely a week after its board’s approval, the International Monetary Fund (IMF), has disbursed the sum of $3.4 billion to the CBN.
Years of declining revenues suggest there is a better way to value Guinness.
The recovery of crude oil prices from last month’s unprecedented crash seems to be moving swiftly, as more...
The Federal Government has said that it is planning to revise the 2020 budget oil benchmark to $20 per barrel.