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Nigeria’s Coronavirus donations hit N15bn
The Central Bank of Nigeria (CBN) on Wednesday said that monetary contributions to its relief fund under the auspices of Private…
World economy has entered a recession, IMF declares
The International Monetary Fund (IMF) Friday officially confirmed that the global economy has moved into a recession.
Kristalina…
Oil majors brace for further dip in prices
WITH thickening uncertainties in the global market and a continued wave of industry spending cuts, oil majors are bracing for a…
Local airlines, others count losses in billions
The shocking effects of COVID-19 spread is raving Nigeria’s aviation sector as experts put the cumulative loss to carriers ,…
Shake-up as NNPC asks 40 GGMs, GMs to go
The management of the Nigerian National Petroleum Corporation has retired about 40 group general managers and general managers at…
Naira crashes in value, dollar sells for N420
On Thursday, the naira exchanged between N405 and N420 to a dollar in the Bureau De Change segment of the market.
The President,…
NCC deactivates 2.2m SIM cards
Nigerian Communications Commission (NCC) has deactivated 2.2 million improperly registered Subscriber Identification Module (SIM)…
Nigerians shun PoS transactions over charges
The volume of electronic payment transactions through Point of Sale (PoS) terminals dropped by 4.83 billion in one month. It…
LCCI knocks Buhari, Senate on fresh $22.7bn loan
The Lagos Chamber of Commerce and Industry has expressed concern over the country’s debt profile and condemned the latest approval…
Coronavirus: FAAN, firms to sensitise air travellers
A manufacturing firm, Daraju Industries Limited is partnering the Federal Airports Authority of Nigeria and the management of the…