Wednesday, August 12 , 2020 Oil rises after bigger-than-expected drop in inventories Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts expected, bolstering hopes that fuel demand in the world’s biggest economy can weather the coronavirus pandemic…Read more. Dollar holds firm as U.S. bond…
DetailsTuesday, August 11 , 2020 World Bank approves fresh $114.28m for sub-national fight against COVID-19 The World Bank Board of Directors has approved a $114.28 million funding to help Nigeria prevent, detect, and respond to the threat posed by the COVID-19 pandemic, with a specific focus on state-level responses…Read more. Telecoms operators want 30% of…
DetailsMonday, August 10, 2020 FG insures 89,000 employees under N15 billion group life scheme The Federal Government is said to have settled about N15 billion premiums under the Group Life Insurance scheme to insure it’s over 89,000 workers across the country in the current financial year….Read more. COVID-19, VAT increase, naira devaluation spur rise in…
DetailsFriday, August 7 , 2020 Group seeks disbandment of proposed transmission charge The Nigerian Electricity Regulatory Commission (NERC’s) plan to allow the electricity distribution and trading licensees to introduce competition transition charge by has elicited public criticisms…Read more. Consumer Commission probes pharmacies for hydroxychloroquine price hike The Federal Competition and Consumer Protection Commission (FCCPC), in…
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