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Economy

Latest Economy News

Dangote Cement Donates 25 Vehicles To Ogun Security Trust Fund

Dangote Cement PLC has donated 25 operational vehicles, equipped with security features,

COVID-19 Damages: Ezekwesili Replies Chinese Govt’s Bashing

Former Education Minister, Oby Ezekwesili has vowed not to back down in

Over 9.5 Million Nigerians use Firstbank’s *894# USSD Banking Service

Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited has

Profit taking: NSE market indices record first week loss of 1.27%

The Nigerian Stock Exchange (NSE)on Friday recorded first week loss with the

COVID-19: Africa Will Lose $65bn To Full Lockdown – UNECA

Mr Stephen Karingi, Director, Regional Trade and Integration, United Nations Economic Commission

NSE Commits N100m To Support Fight Against Coronavirus

The Nigerian Stock Exchange (NSE) has committed the sum of N100 million

IMF credits Nigeria’s Account $3.4bn Emergency Loan

According to reports, the Federal Government of Nigeria has received the $3.4bn

LCCI Urges Private Sector To Leverage On Creativity, Innovation To Rebound Post COVID-19 Economy

The Lagos Chamber of Commerce and Industry (LCCI) has urged organised private

COVID-19 Pandemic Challenging to Shipping Industry – Expert

  Mr Temisan Omatseye,  former President, African Shipowners Association (ASA), on Tuesday,

COVID-19: CreditRegistry Offers Free N25m Credit To Lenders

CreditRegistry, a credit bureau, says it is offering lenders free usage of

AEDC to Discontinue Service to Debtors — Official

  The Abuja Electricity Distribution Company (AEDC) says it will, from May

Economist Hails CBN’s Intervention Over Lay Off In Banking Industry

An economist, Dr Boniface Chizea, on Monday commended the Central Bank of

BREAKING: Nigeria Receives $311m Abacha Loot

  The Federal Government of Nigeria has recieved a sum of $311m

82.9 Million Nigerians are poor – NBS

The National Bureau of Statistics (NBS) has revealed that over  82.9 million

Banks Suspend Plan To Lay Off Staff Due to COVID-19 Restrictions

Management of Nigerian Banks have come together and agreed to suspend planned

Economic Policy: The Case Against High Interest Rates In Time Of Contagion – By Bola Tinubu

THE TIME IS NOW – CORRECT THE INTEREST RATE The economic fallout

Access Bank shuts down 346 branches nationwide to cut down cost due to Coronavirus

Nigerian financial power house, Access Bank, annunciated the closure of more than

Leaked Video: Access Bank’s Herbert Wigwe discloses plans to lay off 75% of staff, cut salaries

One of Nigeria’s largest financial power house,  Access Bank Plc, is set to

2019 Open Budget Survey Report – Nigeria still far behind

BudgIT expresses concerns over Nigeria's unsatisfactory overall score in the 2019 Open Budget

Shippers’ Council Commends Shipping Companies For Suspending Demurrage

The Nigerian Shippers’ Council (NSC) has commended shipping companies for their cooperation

Not Fresh Loan but Amendment of Previously Approved Loan — Senate Clarifies Buhari’s N850bn Request

  The Senate has clarified the approval of the N850 billion loan

NSE: Market Capitalisation Gains N80bn On Last Trading Day of April

The Nigerian Stock Exchange (NSE) market capitalisation on Thursday closed the last

How To Pull Nigeria From The Brink – By Atiku Abubakar

On Monday, April 27, 2020, British oil and gas giant, BP, became

Population is a challenge in fighting Coronavirus in Nigeria – Osinbajo

Nigeria’s Vice President, Yemi Osinbajo has said the country’s population of over

COVID -19: Prof. Urges FG To Leverage Digital Platforms To Launch e-Economy

Prof. Seth Akutson of the Economics Department, Kaduna State University, on Tuesday,

PPPRA hints Petroleum prices will increase

The Petroleum Products Pricing Regulatory Agency on Monday hinted that the price

COVID-19: Nigerian-British Chamber Donates N4m to Support FG’s Relief Efforts

The Nigerian-British Chamber of Commerce (NBCC) says it has donated Four million

COVID-19: Lockdown Order Was Relaxed So Residents Won’t Starve -Obiano

Willie Obiano, Anambra State Governor, has said that the reason the lockdown

Lockdown: Economist Seeks Gradual Unlocking of Sectors

An economist, Dr Boniface Chizea, on Saturday in Lagos urged the Federal

ECOWAS Supports Debt Cancellation, Plans Post-Pandemic Economic Policies

The Economic Community of West African States (ECOWAS), on Friday, resolved to