DANGCEM and 11 others drag NSE-ASI lower despite gains in Banking and Insurance sectors

The Nigerian equity market on Tuesday sustained previous day negative sentiment, shedding 0.71%, as gains in the Banking and Insurance sectors failed to lift market sentiment. This was driven by…

Read More DANGCEM and 11 others drag NSE-ASI lower despite gains in Banking and Insurance sectors

Coronavirus: CBN earmarks N50bn for SMEs, directs banks to restructure loan terms

By our reporter| The Central Bank of Nigeria (CBN) in an effort to mitigate the effects of Coronavirus outbreak on the country’s economy, on Monday asked all banks in the…

Read More Coronavirus: CBN earmarks N50bn for SMEs, directs banks to restructure loan terms

Buhari receives report on impacts of Coronavirus on economy, directs smooth govt operations

President Muhamamdu Buhari has directed the Presidential committee on the impacts of Covid-19 on Nigeria’s economy to ensure that investments and the business of government continues to run without hitches.…

Read More Buhari receives report on impacts of Coronavirus on economy, directs smooth govt operations