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Business and Economy
Market unfavourable for Naira devaluation -CBN
The Central Bank of Nigeria (CBN) says market fundamentals do not support Naira devaluation this time around.
The CBN made this known in a statement...
Stakeholders decry poor education, health budget performance in Kaduna
Stakeholders working to improve citizens engagement in budget formulation and implementation in Kaduna State have decried the poor capital budget performance in education and...
BREAKING: Oil prices jump almost 4%, reversing early losses
Oil prices swung more than six percent Friday but were still on track for their biggest weekly loss in more than a decade owing...
NSE market indices down by 3.35%, as sell pressure persists
Sell pressure continued on the nation’s bourse on Wednesday with the market indices declining further by 3.35 per cent, amid loses in blue chips.
Sentiments...
Investors lose N329bn on NSE, amid COVID-19 fear, fall in oil price
The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a huge loss of N329 billion due to persistent fall in...
FG should have pegged 2020 budget on $35pb, says expert
An oil and gas expert, Mr Wilson Opuwei, says the Federal Government should have benchmarked the 2020 budget not higher than $35 per barrel...
ITF trained 700 youths on InfoTech in 2019 to bridge skill gap in ICT – DG
The Industrial Training Fund (ITF) said it had in 2019 trained 700 youths in InfoTech as a means of bridging the skill gap in the...
Coronavirus: FG to cut down 2020 budget as Buhari constitutes committee – Minister
President Muhammadu Buhari on Monday constituted a committee to assess the impact of the Corona virus outbreak on Nigeria’s economy with a view to...
Access Bank unveils ‘TraderLite’ for micro businesses to strengthen economic growth
Determined to stimulate economic growth, Access Bank Plc has inaugurated an account tagged “TraderLite’’ for micro businesses with turnover between N50,000 and one million...
COVID-19: impact on economy becoming severe, investment in agriculture key — CBN
The Central Bank of Nigeria (CBN), says the impact of COVID-19 on economy is becoming severe, especially the declining global oil price and called...
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