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 sectorsCategory: Business
Inflation rate rises to 12.20%
By our reporter| Nigeria’s inflation rate rose to 12.20% in February, the highest in 21 months. According to the CPI/Inflation report released by the National Bureau of Statistics on Tuesday,…
Read More Inflation rate rises to 12.20%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 termsCoronavirus: We care about your health and safety, Uzoka writes UBA customers
The group managing director of UBA plc, Mr. Kennedy Uzoka over the weekend penned a letter to the bank’s customers intimating them of steps being taken by the bank to…
Read More Coronavirus: We care about your health and safety, Uzoka writes UBA customersBuhari 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
