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NIGERIAN BUSINESS NEWS
It is obvious that the scale of the oil crisis has defied the efforts of OPEC+ and other oil-producing countries, as the idea of production shutdown is moving towards reality.
The liquidity based indicators of the nation remain a concern, as they make Nigeria’s low debt-to-GDP ratio highly vulnerable to shocks.
You are required to wear a face mask covering your mouth and nose before getting in the vehicle, in line with government directives. Do not attempt to ride without a mask.
Debts owed by the upstream oil and gas sector in Nigeria only represent about 19%-25% of banks' loan books, according to Lanre Buluro of Chapel Hill Denham.
The world’s most popular digital coin has been having a good run, outperforming gold prices by +0.86% in the last 12 months.
In Hospitality, we will deepen and expand our market share by deploying an asset light strategy, leveraging best in class technology and continuously drive the highest service standards.
There appear to be a lot of controversies trailing the recently introduced infectious disease bill that just passed...
Foreign investors have been staying off the Nigerian equities market lately, opposing attractive valuations on some of Nigeria’s blue-chip firms.
Afreximbank's President, Prof. Benedict Oramah, said that the grant was given in response to a request by African Heads of State.
While some companies have resorted to laying off employees, Access Bank has taken the empathetic route of trimming operating costs through salary cuts.
The Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance bank, on behalf of the Central Bank of Nigeria (CBN), has started the disbursement of the N50 billion Targeted Credit Facility (TCF) to the beneficiaries.
Although there have been a few gainers, most companies have lost major earnings due to COVID-19.