Revised Budget 2020 Bill passes second reading
The Federal Government is to spend N2.951 trillion (as against the N2.4 trillion approved in…
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COVID-19 puts 90% of global economy on edge -IMF
The COVID-19 pandemic will leave about 170 countries, almost 90 per cent of the world worse…
Manufacturers, businessmen groan as forex scarcity bites harder in Nigeria
Foreign exchange restrictions introduced by the Central Bank of Nigeria is creating uncertainty and distorting…
CBN Reduces Lending Rate To 12.5%, Forecasts Slower Growth
The Monetary Policy Committee on Thursday said the lower growth recorded in the economy in…
NCAA Releases New Protocol for International Flights
Nigerian Civil Aviation Authority (NCAA) yesterday released a post-COVID-19 pandemic public health protocols for Nigeria-based…
AMCON Urges FG to Provide Bailout for Aviation Sector
The Asset Management Corporation of Nigeria (AM-CON) has joined stakeholders to call on the federal…
Adesina Reaffirms Innocence of Alleged Wrongdoing in AfDB
President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, yesterday maintained his innocence over…
CBN Reduces Interest Rates on OFIs Facilities to 5%
As part of its continued efforts to mitigate the impact of COVID-19 on households, businesses…
TUC warns against more Chinese loans
The Trade Union Congress of Nigeria has cautioned Nigeria against taking loans from China. The…
IMF advises banks to suspend dividend payment
The International Monetary Fund has advised commercial banks to retain their earnings by suspending payment…