The United Bank for Africa (UBA), on Monday, boosted the fight against coronavirus in Kwara with a donation of N28.5 million.
Nigeria’s Finance Minister, Zainab Ahmed, has stated President Muhammadu Buhari has allowed for skeletal operations in the financial system and money markets during the lockdown in Lagos, Abuja and Ogun.
President of African Development Bank (AfDB), Dr Akinwumi Adesina, has commended the outgoing Director of Communication and External Relations Department of the bank, Dr. Victor Oladokun, for his exceptional leadership.
South Africa’s rand plunged to an all-time low on Monday, falling below 18.00 to a dollar after ratings firm Moody’s cut the country’s last investment grade credit rating, adding to mounting panic about the coronavirus outbreak.
As the Federal Government, through the Federal Ministry of Health and the Nigeria Centre for Disease Control (NCDC), intensifies effort to check the spread of the novel Corona virus pandemic in the country, the Central Bank of Nigeria (CBN) has commenced the disinfection of its head office and 37 branches.
In a bid to further deepen the nation’s capital market and enable it provide development capital for medium and small-scale enterprises of the economy, the Securities and Exchange Commission (SEC), at the weekend unveiled an exposure draft of its regulatory framework for crowd funding in the country.
The Debt Management Office (DMO) as at February 29, 2020 issued a total of N968,092,181,889.00 Promissory Notes to oil marketers, state governments, federal government agencies and exporters on behalf of the Federal Government of Nigeria (FGN).
Sterling Bank Plc, has contributed N250 million as part of its commitment to the newly formed Nigerian Private Sector Coalition Against COVID-19 created to help channel resources to combat the coronavirus disease under the theme: “We need you.”
Ethiopia said on Friday the National Bank of Ethiopia plans to inject 15 billion Ethiopian birr ($456 million) as liquidity for private banks to cushion the economy over the impact of the coronavirus, state-affiliated Fana news agency reported.
As a responsible corporate entity, and in line with the collective resolve to fight the coronavirus (COVID-19) pandemic, Fidelity Bank Plc has announced that it’s Federal Secretariat, Abuja Business Office has been shut down.
The Central Bank of Nigeria (CBN) has suspended sales of foreign exchange to Bureau de Change (BDCs) until the COVID-19 pestilence is over.
The United Bank for Africa Plc (UBA) on Thursday announced a donation of over N5 billion ($14 million) through its UBA Foundation, to catalyse a comprehensive pan-African response to fight the COVID-19 global pandemic.
The Leadership of the National Assembly on Wednesday held a meeting with some Ministers and Heads of agencies from the Executive arm of Government to brainstorm on the impact of Coronavirus pandemic on the Nigerian economy.
QPR playmaker Eberechi Eze said he is yet to make a decision on his international future with England and Nigeria hoping to secure his services.
The Federal Government has commenced payment of N20, 000 each to five thousand beneficiaries of its Conditional Cash Transfer (CCT) programme in the Federal Capital Territory (FCT).
Mr Olisa Ifeajika, Chief Press Secretary to Gov. Ifeanyi Okowa of Delta has donated sanitisers and other items to the people of his constituency, Illah, Oshimili North Local Government Area of the state.
The Nigeria Centre for Disease Control (NCDC) released the new figures in a tweet on Wednesday, in its latest update on the disease.
The Nigerian Union of Allied Health Professionals, NUAHP, on Wednesday, demanded life insurance scheme and immediate payment of N100, 000 special coronavirus allowances to all health workers at the frontline of the war against the disease as presently done to other health workers globally.
The Nigeria Centre for Disease Control, NCDC, said it made an error in the breakdown of the new 14 coronavirus cases announced for the country on Thursday night.
African oil-producing and reliant countries have been among the most hard hit by the COVID-19 pandemic and declining oil price. Oil price crashed below $20 dollars on Monday, the lowest in 18 years. In particular, Senegal, Nigeria and Angola continue to face new challenges each day amid the threat of economic fallout.
An explosion has occurred along Akure-Owo expressway, a few kilometres from the Akure metropolis.
There are strong indications the official dates for the postponed Tokyo 2020 Olympic Games, now billed to take place next year, will be announced before the end of April 2020.
According to documents reportedly obtained by foreign news outlet The Blast, a woman who wants to remain anonymous has filed a lawsuit against Montana, his employee Mansour Bennouna, and his Coke Boy Records label.