Nigeria’s oil, gas exports to fall by $26.6b, says IMF
8 Views The drop of Nigeria’s oil and gas export caused by COVID-19 pandemic will lead to the loss of $26.5 billion, the International Monetary Fund (IFM) has said. A…
We’ll focus on macroeconomic stability after COVID-19 – FG
4 Views The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said the Federal Government will focus on stabilising the economy once the coronavirus pandemic is over.…
CBN extends microfinance banks recapitalisation deadline
4 Views The Central Bank of Nigeria in consideration of the impact of the COVID-19 pandemic on economic activities has revised the deadline for compliance with the minimum capital requirements…
$3.4bn support: IMF to conduct due diligence on CBN
27 Views Indications have emerged that the International Monetary Fund is to conduct a due diligence exercise on the Central Bank of Nigeria as part of a fresh ‘safeguards assessment’.…
Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus
7 Views U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on…
Wall St. caps best month in decades with broad sell-off
8 Views U.S. stocks lost ground on Thursday as grim economic data and mixed earnings prompted investors to take profits at the close of the S&P 500’s best month in…
Oil prices surge again US stockpiles grow less than feared, output cuts kick in
0 Views Oil prices jumped on Friday, extending the previous session’s gains, buoyed by a lower-than-expected gain in U.S. crude inventories and the start of output cuts in a bid…
Bauchi Governor Mandates Use Of Chloroquine To Treat COVID-19
Bauchi state Governor Bala Mohammed has ordered the use of chloroquine drugs to treat coronavirus patients in the state. Speaking late Wednesday night while updating journalists on the pandemic in…
Dele Adesina, SAN, Calls On DSS To Release Emperor Ogbonna Without Further Delay In Obedience To Court Order.
The information has it that Mr Emperor Ogbonna, a Legal Practitioner in Aba, Abia State, was arrested sometime in March and arraigned before Magistrate Court 7, Umuahia on March 24,…
COVID-19: Relaxation of lockdown in Lagos, risky –- legal practitioners
Two Lagos-base lawyers, Isaiah Odje and Adebayo Johnson, say the partial easing of lockdown in Lagos, against the spread of novel coronavirus at this time, “is not safe for residents”.…