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Economy

Asia stocks at four-month top as markets stay stubbornly optimistic

Asian shares cleared a four-month high on Wednesday as investors remained stubbornly upbeat on the outlook for a re-opening of the global economy even...

NSE: Market capitalisation drops marginally N2bn

The nation’s bourse extended negative mood on Tuesday with the market capitalisation dropping by two billion naira.Speficially, the market capitalisation which opened at N12.913...

Chinese FM: China stands by Africa in fighting COVID-19 pandemic

By Bi Mengying,People’s Daily China and Africa have stood by each other in the battle against the COVID-19 pandemic, Chinese State Councilor and Foreign...

Finance Minister, Zainab Ahmed, says Nigeria will go into recession

An assessment by the Nigeria Bureau of Statistics indicates that Nigeria's economy will go into a recession at an average of -4.4 per cent,...

ECOWAS supports debt cancellation, plans post-pandemic economic policies

The Economic Community of West African States (ECOWAS), on Friday resolved to support the African Union’s initiative to negotiate with partners for debt cancellation...

Osinbajo, ministers confer on economic sustainability plan

Vice President Yemi Osinbajo on Friday at the Presidential Villa, Abuja, met with some ministers to discuss the forthcoming Economic Sustainability Plan.Osinbajo’s spokesman, Laolu...

NSE maintain bullish trend, investors networth rallied by N191bn

The Nigerian Stock Exchange (NSE) sustained bullish trend on Friday with the market capitalisation rising further by N191 billion due to Nestle gain.Speficially, the...

Donations to COVID-19 relief fund now N25.8bn—–CBN

The Central Bank of Nigeria (CBN) on Friday said that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against...

World Bank to have COVID-19 related projects in 100 countries by end of April

The World Bank Group says it will have COVID-19-related projects in 100 countries by the end of April.The Bank’s President, David Malpass, said...

COVID-19: IMF approves establishment of Short-term liquidity line for countries

The International Monetary Fund (IMF) has approved the establishment of a Short-term Liquidity Line (SLL) to further strengthen the global financial safety net as...

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