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NDIC donates N1 billion for COVID-19 Relief fund

NDIC donates N1 billion for COVID-19 relief fund

The Nigeria Deposit Insurance Corporation (NDIC) has joined the growing list of corporate organisations and individuals who are donating to the relief fund set up by the Central Bank of Nigeria (CBN) to help the government in the fight against the Coronavirus pandemic.
Brent crude drops to $25, oil demand drops by about 10% of world’s consumption, Brent Crude Oil hits $26, as Nigeria's Sweet Crude demand falls, Oil price pushes up before OPEC meeting, Asian equity markets mixed

Oil price rises, as OPEC meet today

Brent crude was up 3.05%, or $1.08, at $33.83 at 9.30 am Nigerian time, having climbed up as much as 5% the day before. 
Global trade to record worst decline in 2020 since global financial crisis of 2008

Global trade to record worst decline in 2020 since global financial crisis of 2008

The World Trade Organisation (WTO) has declared that global trade would experience its worst decline in 10 years as a result of the Coronavirus pandemic.
AfDB orders debarment of two Nigerian companies from foreign bank-financed projects over fraud, AfDB wins industry gong for pioneering 2019 social bond issue, COVID-19: AfDB unveils $10 billion facility for Nigeria, others

COVID-19: AfDB unveils $10 billion facility for Nigeria, others

The AfDB has announced the provision of a $10 billion COVID-19 Response Facility for Nigeria and other regional member countries to help fight the coronavirus pandemic.
Nigerian President, COVID-19: Nigeria needs $50 billion to survive an impending recession,FG will not ask for debt relief for Eurobond, to seek debt deferral from china, COVID-19: Short term reforms needed to reduce the impact on the Nigerian economy

COVID-19: Short-term reforms needed to reduce impacts on the Nigerian economy -NESG

The Nigerian Economic Summit Group said the Government needs to develop some short-term reforms and take actions to reduce the impact of the Coronavirus pandemic on the Nigerian economy.