BUSINESS
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COVID-19: Shell Cuts Dividend For First Time Since WWII On Oil Crisis
Royal Dutch Shell cut its dividend for the first time since World War Two on Thursday in a drastic step…
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COVID-19: IMF Executive Board Approves US$ 3.4 Billion in Emergency Support to Nigeria to address the Pandemic
The IMF has approved US$3.4 billion in emergency financial assistance under the Rapid Financing Instrument to support the authorities’ efforts…
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CBN’s N50bn Loans To SMEs, Others, To End 2024
The Central Bank of Nigeria has set December 31, 2024 as the exit date for its intervention loans to the…
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World Bank Says Global Remittances Will Decline By 20% In 2020
World Bank has said that global remittances are projected to decline sharply by about 20 percent in 2020 due to…
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Nigeria’s Cocoa Exports Decline By $100m As Prices Rise In Market
As Nigeria battles with the negative effects of the crash in oil prices, Cocoa prices has staged a rally after…
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UK Govt Announces £250M Support to Startups Impacted By Coronavirus
After mounting pressure from the U.K. tech startup ecosystem, and much debate, the British government has announced a new “Future…
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FBN Holdings In Talks To Sell 65% Insurance Business
FBN Holdings Plc has notified the Nigerian Stock Exchange of ongoing discussions with its partner, Sanlam Emerging Markets, the owners…
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Stock Market Gains N28bn During First 14 Days Of Lockdown
Shareholders of quoted firms on the floor of the Nigerian Stock Exchange recorded a gain of N28bn during the first…
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NSE Hosts First Digital Closing Gong Ceremony, Assures Investors’ Access To Market
The Nigerian Stock Exchange (NSE), has restated its commitment to providing corporates and investors access to the market in meeting…
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CBN Says Infrastructure Deficit, Forex Pressure May Worsen Inflation
The Governor of Central Bank of Nigeria, Mr Godwin Emefiele, has lamented over the infrastructural deficits and emerging pressures from…
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