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Gilead to Charge $3,120 for Coronavirus Drug Remdesivir

Gilead Sciences Inc., said that it will charge U.S. hospitals roughly $3,120 for most patients who need remdesivir, picking a middle ground in a...

Guinea Insurance Q1 Profit Slumps on Weak Premium, Rising Cost

Guinea Insurance Plc recorded profit in the first quarter (Q1) of the year, but it is spending its way into the future as weak...

Conoil entangled in N4.3 bn Lawsuit with EFCC indicted Oil Trader

Conoil Plc, has revealed that it is in litigation with Nimex Petrochemical Nigeria Limited (Nimex), one of its former suppliers of products and a...

FCMB Pensions to Acquire 96% stake in AIICO Pension Managers

To support growth in asset under management (AUM), FCMB Pensions Limited, a subsidiary of FCMB has underpinned plans to acquire 96 percent in AIICO...

NIRSAL MFB distributes N10.9bn Stimulus to 14,221 Households, SME’s

The NIRSAL Micro Finance Bank (MFB) has managed to distribute up to N10.9 billion to support households and Micro, Small and Medium Enterprises (MSMEs)...

Flour Mills Insider Excelsior Purchases 200,000 Shares

An insider with substantial holdings in Flour Mills of Nigeria, Excelsior Shipping Limited has just added to its holding with the purchase of 200,000...

Zombie Ellah Lakes makes Zero Revenues as Expenses Surge

Ellah Lakes just released its 9 months consolidated results for the period ending April 2020, showing that the firm which could be defined as...

Senate Commends Transcorp, Geregu Power for Meeting Performance Targets

The Senate Committee on Power, at the just-concluded three-day investigative hearing on the power sector recovery plan, submitted that only two of the six...

Pandemic to Cost Global Economy $12.5 trillion in Lost Output – IMF

The International Monetary Fund (IMF) downgraded its outlook for the coronavirus-ravaged world economy, projecting a significantly deeper recession and slower recovery than it anticipated...

Angola Eurobonds Surge after 3-Year Debt Relief by China

Angola Eurobonds surged in Tuesday trading after news of a tentative 3-year debt relief deal reached with its biggest creditor nation China. Yields on the...

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