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Filmhouse, Silverbird, others generate over N79.8 million on Valentine’s weekend, Cinemas count their loses in Q1 2020, amid COVID-19 lockdown

Nigerian cinemas count loses in Q1 2020, amid COVID-19 lockdown

The Nigerian cinema industry has experienced a gradual dip in revenue since the onset of the Coronavirus in January 2020.
CBN issues guidelines to Finance Institutions on establishment of Subsidiaries and SPVs, CBN injects $2.63 billion to defend naira in one month, CBN’s COVID-19 N50 billion targeted credit facility, CBN’s heterodox policies buoys credit growth

CBN’s heterodox policies buoys credit growth

Banking sector credit to the economy grew for the second consecutive quarter by 5.8% q/q in Q4 2019 to N17.2 trillion, the highest level as far as 2007.
Fast loan: Palmpay, Carbon, Page, Okash, other start-up fintechs wrestle banks

Renmoney goes digital, downsizes workforce

Workers of Renmoney Microfinance Bank Limited are the latest victims of digital banking, as the bank sacked employees in sales department
Folorunso Alakija,Top 10 Nigerian Billionaires and their contributions to the fight against COVID-19

Top Nigerian billionaires and their contributions to the fight against COVID-19

Nigeria's top billionaires have donated billionaires to support the fight against the Covid-19 pandemic.
Jumia loses its leadership status, sheds $2.6 billion market cap , Jumia CEOs to take salary cut, create solidary fund to support workers

Jumia CEOs to take salary cut, create support fund for workers

The two CEOs of Jumia Group, Jeremy Hodara and Sacha Poignonnec will be taking a salary cut to support their workers amidst the Coronavirus pandemic.