Wednesday, April 1, 2020 Nigeria, South Africa, others seek debt relief from World Bank The ministers of finance from African countries have called for debt relief from bilateral, multilateral and commercial partners to cushion the negative impact of the coronavirus pandemic on the economies of countries within the region….read more. Banks…
DetailsThe 2020 Nigerian stock market ASI YTD crash began on Thursday, February 27. The NSE ASI fell by -0.13% YTD that day to 26,808.24 index points after a global market recognition as “THE WORLD’S BEST PERFORMER” with a positive price return of 4.22%. Some labeled the crash as “BLOODY VAL” that started the ASI YTD…
DetailsWednesday, April 1, 2020 Lagos, Ogun, FCT may lose N1.6tn to lockdown – Investigation At least N1.62tn is expected to be lost in terms of monetary output by businesses and firms as a result of the two-week restriction of movement imposed on Lagos, Ogun and the Federal Capital Territory by the Federal…
DetailsTuesday, March 31, 2020 Oil price plunges to $22, lowest in 18 years The international oil benchmark, Brent crude, plunged to its cheapest in 18 years on Monday as it traded around $22 per barrel. This comes amid growing fears that the global coronavirus shutdown could last months and demand for fuel could decline further…..read…
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