Nigeria’s third coronavirus case questions FG’s reluctance to impose travel restrictions

Joshua Bassey Mar 18, 2020

Inflation rises by 12.2% in February, highest in 22 months

How Abule-Ado explosion victims may get compensation from NNPC

Lagos State Health Commissioner says all participant of AMCA exposed to COVID19

Buhari bans public officials, civil servants from traveling over coronavirus

Naira settles at N378 to dollar as CBN rolls over N47.6bn NTB Wednesday

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LEAD STORY

Updated: Economic Advisory Council raises concern, urges revision of 2020 budget

Anthony Ailemen Mar 17, 2020

As Crude Oil prices continue to fall on the global market, the Presidential Economic Advisory Council PEAC, lead by...

Here’s a breakdown of the 4 new coronavirus cases in Nigeria

FG mulls ban on travel, mass gatherings

Godsgift Onyedinefu Mar 17, 2020

Following the confirmation of the third Covid-19 (Coronavirus) case in Nigeria, Osagie Ehanire, Nigeria’s minister of health said the Presidential...

Buhari summons Salami-led advisory council as oil plummets below $30

Lolade Akinmurele Mar 17, 2020

President Muhammadu Buhari has summoned an urgent meeting this afternoon with his economic advisory council chaired by the leading economist...

Third case of Coronavirus confirmed in Lagos- Health Commissioner

Olufikayo Owoeye Mar 17, 2020

Nigeria has confirmed the third case of Coronavirus in Lagos, the country’s business capital. Lagos State commissioner for health, Akin Abayomi,...

Nigeria's inflation rises to 12.2% in February, the sixth consecutive increase

Vincent Nwanma Mar 17, 2020

Nigeria’s Consumer Price Pndex, (CPI) which measures inflation increased to 12.20 percent (year-on-year) in February 2020 making it the sixth...

Global central banks step up battle against virus

Onyinye Nwachukwu Mar 17, 2020

Nigeria’s central bank Monday unveiled a six-point response to the impact of the Coronavirus outbreak as apex banks around the...

Lagos gas explosion revives concerns about weak LPG retail business regulation

Isaac Anyaogu Mar 17, 2020

Nigeria’s quest to replace dirty fuels with Liquefied Petroleum Gas (LPG) may be a success story having grown over a...

Updated: Biggest banks earned N824.28bn from T-bills in 2019

Bala Augie Mar 17, 2020

Nigeria’s largest banks realised N824.28 billion from interest income from government securities in 2019, which may be tougher to replicate...

Nigerian crude settles below cost of production

Oladehinde Oladipo Mar 17, 2020

The price of Brent crude, the benchmark of Nigeria’s major export grade, dropped below its cost of production, settling at...

Lawmakers begin investigation of donor funds diversion

Only 30% of constituency projects funds released in 2019 - Reps

James Kwen Mar 17, 2020

House of Representatives Committee on Constituency Outreach on Monday disclosed that only 30 percent of the budgetary allocation to constituency...

Explosion: Resources to manage disaster beyond Lagos - Sanwo-Olu

Joshua Bassey Mar 17, 2020

Without directly inviting the Federal Government to wade in, the Lagos State government says the resources required to resettle victims...

Nigeria to delay proposed $3.3bn Eurobond on coronavirus concerns

Onyinye Nwachukwu Mar 16, 2020

Nigerian government will delay this year’s issuance of the $3.3bn it had initially planned because “the time is not ripe”,...

Oil sinks to $30 and global equities plunge on Coronavirus fears

Lucky Nwanekwu Mar 16, 2020

Oil sank below $30 a barrel Monday and Wall street stocks plunged more than ten per cent while the Johannesburg...

Covid-19: CBN grants banks leave to temporarily restructure loan terms for businesses, households

Hope Moses-Ashike Mar 16, 2020

The Central Bank of Nigeria (CBN) has granted all commercial lenders leave to consider temporary and time-limited restructuring of the tenor and...

Dollar sells at N380 as CBN holds press conference