US Cuts Imports Of Nigerian Crude Oil By 60%
The United States has cut its imports of Nigerian Crude oil by 60.37%. US Crude oil imports in January stand...
Stock Market Investors Make ₦897bn Profit Despite Lockdwon
Investors at the Nigerian stock market recorded a gain of ₦897billion during the month of April despite the lockdown imposed...
Access Bank Speaks On ‘Planned’ Sack of Workers
Access Bank has denied the news that the company intends to sack 75% of its workforce. There have been different...
Nigerian Banks Agree To Suspend Sacking of Staff
The Bankers Committee of the Central Bank of Nigeria has agreed to suspend plans to sack some of its staff....
COVID-19: Access Bank To Slash Workers Salaries
Access Bank PLC plans to slash their workers salaries, Bloomberg reports. According to the report, the pay cut is meant...
Nigeria’s Foreign Reserves Drop By $5.09bn In Four Months
Nigeria’s foreign reserves have dropped by $5.09billion in the past four months. In the latest Statistics released by the Central...
COVID-19: Private Sectors Have Donated ₦27.160bn – CBN
The Central Bank of Nigeria says that the private sector donation towards the fight against COVID-19 has hit ₦27.160billion. The...
Nigeria’s Biggest Crude Oil Buyer Cuts Down Import
Nigeria’s biggest crude oil buyer, India Reliance Industry, has drastically cut down its import from the country. India Reliance Industry...
Inflation Rate Increases By 12.26% In March
The Consumer Price index which measures inflation has increased by 12.26% in March, says the National Bureau of Statistics. The...
BREAKING: US Crude Oil Price Falls To $0.15 A Barrel — Lowest In 105 Years
The United States Crude Oil Price is being traded for $0.15 (15cents). This is the lowest point since 1915 when...
BREAKING: Crude Oil Prices Fall To $17.8 — Lowest In 18 Years
The prices of crude oil has fallen to $17.8 per barrel making it to become the lowest in 18 years....
Lockdown: FG Can’t Provide Free Electricity – TCN
The Transmission Company of Nigeria (TCN) says the federal government cannot provide free electricity amid the stay at home order....
COVID-19: US Records Over 21 Million Job Loss In Four Weeks
Over 21 Million residents in the United States have lost their jobs in the past four weeks as a result...
BREAKING: Nigeria Heading Towards Worst Recession In 30 Years – IMF
The International Monetary Fund (IMF) says Nigeria could be heading towards its worst recession in 30 years. The IMF noted...
Lockdown: US Destroys Tons Of Food As Farmers Can’t Get Buyers
In Wisconsin and Ohio, farmers are dumping thousands of gallons of fresh milk into lagoons and manure pits. An Idaho...
BREAKING: Nigeria To Cut Crude Oil Production
Nigeria’s crude oil price would rebound by at least $15 per barrel, Minister of State for Petroleum, Timpire Sylva says....
Global Economy In Recession Worse Than Great Depression – IMF
The International Monetary Fund (IMF) says the global recession faced as a result of the Coronavirus outbreak is worse than...
Bangkok Bans Sales Of Alcohol Over Coronavirus
Bangkok authorities say alcohol sales would be banned for ten days as part of measures put in place to fight...
World Bank Releases ₦30bn To Nigeria To Aid COVID-19 Fight
The world Bank group has released $82 million (₦30.094 billion) to Nigeria to aid its fight against COVID-19. The fund...
FG Adds $150m To FAAC Disbursement
Presidential Muhammadu Buhari has ordered that $150m should be added to the Federation Accounts Allocation Committee disbursement. The funds would...