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Business and Economy

Global Finance 2020: Zenith Bank emerges best bank in Nigeria

Zenith Bank Plc has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020.The awards,...

Half of Facebook employees to work remotely in 10 years – Zuckerberg

Facebook’s founder and chief executive, Mark Zuckerberg, says he expects the coronavirus pandemic will have a long-lasting impact on working practices.Zuckerberg expects that in...

NSE moves 211.62m shares worth N2.23bn in bullish trading

Investors on the Nigerian Stock Exchange (NSE) on Friday staked N2.23 billion on 211.62 million shares transacted in 3,957 deals.This was in contrast with...

Lockdown: Hotels close shop in Port Harcourt

Some hotels in Port Harcourt have closed shop, following the outbreak of Coronavirus which has resulted in lockdown in Rivers. Visits by a Correspondent of...

COVID-19: IMF calls for multilateral cooperation on medicine, essential supplies

The International Monetary Fund (IMF) has called for multilateral cooperation on medicines and other essential supplies to help tame the COVID-19 pandemic.The IMF made...

CBN records $3.5bn Currency outflows in March

The Central Bank of Nigeria has recorded a total Foreign Currency outflows of $3.5 billion during the month of March.The amount represent -3per cent onth...

NSC facilitates Cargo evacuation throughout Easter holidays

The Nigerian Shippers Council said 24 hour seaport operations were sustained all through the Easter holidays and the weekend.READ ALSO: Use lockdown to unite against...

COVID-19: World Bank foresees Sub-Sahara Africa’s 1st recession in 25 years

The World Bank Group says Coronavirus (COVID-19), is taking Sub-Saharan Africa towards its first recession in 25 Years.The bank stated this in a statement...

IMF board to meet on Nigeria’s $3.4bn loan request

The International Monetary Fund executive board would soon meet over a fresh $3.4bn loan request from Nigeria.In a statement issued acknowledging the request, IMF Managing...

NSE: Market capitalisation rises N77bn, amid renewed interest in blue chips

The Nigerian equities market maintined upward trend on Wednesday with the market capitalisation growing further by N77 billion following renewed interest in high capitalised...

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