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The Central Bank of Nigeria (CBN) has rescheduled it’s Monetary Policy Committee (MPC) meeting from Monday and Tuesday May 25 and 26 to Thursday, May 28.
South Africa’s central bank cut lending rates to record lows on Tuesday following an unscheduled meeting of its policy committee in response to the economic turmoil wrought by the coronavirus outbreak.
South Africa's central bank Tuesday slashed its main interest rate by a full percentage point, the second such cut in less than a month, as the economic impact of the coronavirus pandemic deepens.
Trading on the Nigerian equity market returned to negative territory on Wednesday with 0.05 per cent dip or losses in MTN Nigeria and six other stocks.G
Mbaise People’s Congress (MPC), a group of Mbaise Professionals in Imo State, has commended the Supreme Court of Nigeria for their decision to review the judgment delivered on January 14, 2020 on the Imo State 2019 Governorship election which upturned the election of Emeka Ihedioha.
The International Monetary Fund (IMF) has revised downward its 2020 Gross Domestic Product (GDP) forecast for Nigeria to two per cent, from the 2.5 per cent it had predicted earlier.
The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019.
The $57 oil benchmark adopted by the Federal Government in the 2020 budget may be unrealistic as the Central Bank of Nigeria (CBN) has called for its downward review.
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 13.5 per cent.
A new directive by the Central Bank mandates Nigerian banks to give N65 as loans for every N100 they have as deposits.
Financial experts on Monday expressed optimism that retention of the interest rate by the Monetary Policy Committee (MPC) would likely trigger foreign investors’ participation in emerging Nigerian markets.
The Central Bank of Nigeria (CBN) has apologised to bank customers for the inconveniences the reintroduced cashless policy will cause.
The Presidential Taskforce on COVID-19 (PTF) has decried the continued refusal by medical institutions including federal tertiary institutions to receive and treat patients for fear COVID-19.
The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has ordered the immediate shutdown of the headquarters of the Niger Delta Development Commission in Port Harcourt following the sudden death of the Commission’s Executive Director, Finance and Administration, Chief Ibanga Etang.
The Peoples Democratic Party (PDP) alarms that with the volume of foreign loans being accumulated by President Muhammadu Buhari and his All Progressives Congress (APC), our nation and her people have been placed on the international auction market.
Nigeria Civil Aviation Authority , NCAA, Thursday, released new guidelines for international flights operations during the current Covid-19 pandemic for Nigerian based crew.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it is investigating alleged cases of corruption in the management of COVID-19 funds and palliatives.
La Liga president Javier Tebas said Sunday he hopes the resumed season will start on June 11 with the Seville derby, “one game for all of Spain”.
Authorities of the Nigerian Airforce on Friday said that following President Muhammadu Buhari’s directive on the launch of a major crackdown against bandits, kidnappers and other criminal elements in Katsina and other States in the North West of the Country, the NAF on 22 May 2020, injected Special Forces (SF) operatives and deployed additional platforms to Kastina State.
South Africa’s Rand Merchant Bank (RMB) confirmed on Thursday that it is part of a consortium of banks providing $15 billion funding for French energy major Total’s Mozambique liquefied natural gas (LNG) project.
In light of the disruptions and hardship caused by the coronavirus pandemic in the business environment, Lagos State Governor, Mr Babajide Sanwo-Olu, hinted that the state would help big companies operating in the state to prevent job loss.
Philippine President Rodrigo Duterte says schools will remain closed until a vaccine for the novel coronavirus is ready.