Category - Business
Real-time reports of latest business news, finance, NSE including analysis and opinions on top stories and economic news.
Nigeria’s economy may lose N238.6bn revenue, 91,380 jobs as shutdown hits aviation industry – IATA
BUSINESS ROUNDUP: Covid-19 N5bn insurance cover for Lagos health workers; jerk in oil prices. See other stories that made our pick
COVID-19: Leadway, AIICO, 4 others put together N5bn insurance cover for Lagos health workers
COVID-19: Tony Elumelu Foundation postpones 2020 entrepreneurship programme
COVID-19: NERC directs power companies to continue operations
Oil price climbs near $35 on hopes of output deal
NSE ROUNDUP: Trade volume remains low amidst remote trading constraints
World Bank excludes Nigeria from its $1.9bn COVID-19 response fund
NSE: Market reverses previous day gain as large-cap stocks lead losers
Coronavirus will have long-term implications for business leaders. Here are the top five
NEM Insurance declares N792m dividend
Nigerian Breweries set to borrow N48bn through commercial paper to pay debts
Nigerian banks may be worst hit by oil price plunge, coronavirus – Fitch Ratings
Foreign reserves decline by $3.37bn in three months
Oil price rebounds on hopes Saudi Arabia and Russia will reach deal after Trump’s intervention
NSE: Market capitalisation adds N10.766bn despite declining sales volume
Banks cut limits for dollar spendings
Banks post non-performing loans worth N1.05tn in 2019
Nigeria’s total public debt climbs to N27.4tn
Kano IPMAN directs members to ignore new price of petrol
Private sector support for CBN-led campaign against COVID-19 hits N15 billion
Fuel subsidy gulped N722.3bn of govt’s spending in 2018 – NEITI
Nigeria, other African countries call for debt relief from World Bank, IMF
Peterside quits Nigeria Breweries board
NSE: Unilever, Dangote Cement, Guinness lead losers as bear run continues
MTN to sell 15% of its stake in Nigeria
Black market rate of naira plunges to weakest level in 3yrs
SMEDAN grants 3-month moratorium to borrowers
Airlines will incur $39bn loss in Q2 2020 —IATA
Nigerian govt makes another cut in petrol price, now N123.5 per litre
NSE: Negative sentiment intensifies as investors’ year-to-date loss hits N1.870tn
Cadbury declares N0.49 per share dividend
BETA Glass grows Full Year profit to N5.6bn, declares N1.67 dividend
Increase in electricity tariffs begins Wednesday
Naira falls to N412 per dollar
CBN suspends cheque-clearing over COVID-19
NSE: Bank stocks dominate losers as market sheds N276.727bn
COVID-19: Buhari approves ‘very skeletal operations’ by banks during lockdown
Oil prices tumble to 17-year low as Nigeria’s crude fails to attract buyers
Nigerian govt orders oil firms to reduce workforce after 6 workers contract coronavirus
Seplat, Fidelity, Sterling top Ripples Nigeria stock watchlist
N100bn health intervention fund to last till 2030 —CBN
COVID-19: CSCS embraces full digitalisation to avert service disruption
COVID-19: IMF proposes $1bn aid package for poor countries
Buhari suspends operations of passenger planes, private jets over COVID-19
TraderMoni, FarmerMoni; all the economic relief pronouncements in Buhari’s COVID-19 speech
We have enough fuel to go round for 60 days —NNPC
Moody’s downgrades South Africa’s sovereign credit rating
