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GTBank releases Q1 2020 unaudited results

Guaranty Trust Bank PLC has released its unaudited financial results for the period ended March 31, 2020 to the Nigerian and London...

No fee charged on COVID-19 loan application – CBN

The Central Bank of Nigeria (CBN) says the bank does not charge any fee on COVID-19 loan application as claimed in false reports circulated...

No more fuel subsidy – NNPC

Leveraging on the low price of crude oil and petroleum products, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr...

IPMAN rejects new N123.50 pump price

Following the reduction of the pump price of PMS from N125 to N123.50 per litre,  the Independent Petroleum Marketers Association (IPMAN) in...

Coronavirus: IMF warns on severe recession in 2020

The International Monetary Fund is warning that 2020 could see a severe recession “at least as bad during the global financial...

Nigerian Businesses Need To Position Themselves For Greater Challenges Ahead

Nigerian businesses need to prepare and brace themselves for a highly challenging period ahead as the coronavirus pandemic disrupts day-to-day life and...

CBN devalues naira to N380/$1

Barley a week after it insisted that it was not about to devalue the naira, the Central Bank of Nigeria (CBN) yesterday...

FG Reduces Fuel Price To N125

The price of petrol has dropped to N125 from N145 following an approval given by President Muhammadu Buhari. The...

Inflation rate rises to 12.2%, highest in 21 months – NBS

The National Bureau of Statistics on Tuesday said inflation rose by 12.20 percent year-on-year in February. The inflation rate...

Dangote loses N240 billion in five hours due to coronavirus

Africa’s richest man Aliko Dangote suffered a huge loss due to coronavirus on Wednesday March 11, as he lost N240 billion in five...

Mobile money transfer rises by 396%

The value of fund transfer over mobile devices rose by 396.5 per cent in January this year. Statistics released by the Nigeria...

Analysts Predict Naira Devaluation To N400/$

According to analysts, the Nigerian currency is expected to depreciate between 10 and 20 per cent next year as the impact of...
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President Buhari Receives Updates From PTF On COVID-19

President Muhammadu Buhari was on Sunday updated on the developments surrounding the national response to the COVID-19 pandemic by the Presidential Task...

New video appears to show cops, George Floyd struggling inside squad car

New footage appears to show George Floyd in a violent struggle with cops while inside a squad car before he died after...

Policeman goes berserk, shoots colleague dead, fires bullets at residents

A policeman who went berserk and shot his colleague dead has been arrested by the Lagos State Police Command.

COVID-19: 312 Indians evacuated from Nigeria due to pandemic

Three hundred and Twelve Indian nationals have been evacuated from Nigeria as a result of the lingering Coronavirus pandemic.  The...