CATEGORY
Economy
Senate: Buhari seeks confirmation of Yugudu as SEC DG, others
President Muhammadu Buhari has written Senate requesting approval for the confirmation of appointment of Lamido Yuguda as the new Director-General of the Securities and...
Covid – 19: FIRS extends AEOI-CRS Reporting Deadline for financial institutions
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The FIRS issued a Public Notice announcing extension of the deadline for Financial Institutions to file their annual returns for Automatic Exchange of Information-Common...
Private Creditors Form Group to Negotiate Africa Debt Relief
Private creditors representing more than $9 trillion of assets under management have formed a group to negotiate for Africa debt relief.
The so-called Africa Private...
FAAC disburses N606.196bn to FG, States, LGAs
The Federation Accounts Allocation Committee (FAAC) shared a total of N606.196 billion to the three federating units for the month of April 2020, on...
Nigeria cuts 2020 budget by only N72 billion, despite oil slump
Nigerian Finance Minister Zainab Ahmed said yesterday that the Cabinet approved a revised budget of N10.52 trillion, just N72 billion less than the N10.59...
UBA Rewards 100 customers with N100,000 amid COVID 19 Meltdown
Pan African Financial institution, United Bank for Africa (UBA) Plc has again given its loyal customers reason to cheer as it rewarded 100 loyal customers...
EFCC arraigns Oyo Permanent Secretary Over Alleged N4.4m Scam
The Economic and Financial Crimes Commission, EFCC, Ibadan zonal office on Wednesday arraigned a Permanent Secretary in the Oyo State Ministry of Agriculture, Rasaq...
COVID-19 Poses Formidable Threat for Fragile States – IMF
COVID-19 will trigger a sharp drop in household incomes in Middle East and North African (MENA) countries that are fragile and in conflict situations,...
CBN Dollar Reserves Hit One Month High of $34bn
The Central Bank of Nigeria (CBN) has managed to stop the bleeding in external reserves as gross dollar reserves hit a one month high...
20.5 Million Jobs Lost in US Over Covid-19 Pandemic
The U.S. economy lost a staggering 20.5 million jobs as many businesses shut down to slow the spread of COVID-19. April’s jobs report shatters...