Coronavirus: First Case Confirmed in South Africa South Africa on Thursday joined the list of African nations with a known case of Coronavirus after Nigeria and...
OPEC Working on Additional 1.5mbpd Cut The Organisation of the Petroleum Exporting Countries (OPEC) on Thursday has agreed to cap production by another 1.5 million barrels...
FG to Review 2020 N10.59trn Budget Amid Falling Oil Price Falling oil price amid fast-spreading coronavirus has forced President Muhammadu Buhari-led administration to commence the review...
Nigeria, Japan Sign $18.2m Grant on Disease Control The Federal Government and Japanese government have signed a grant agreement of $18.2 million to strengthen the capacity...
Manufacturing Output Expands by N4.33trn to N16.7trn in 2019 The Nigerian manufacturing output grew by N4.33 trillion in value to N16.78 trillion in 2019, the National...
US Fed Cuts Interest Rate by 50 Basis Points The Federal Reserve on Tuesday reduced Interest rate by 50 basis points amid falling stocks as Coronavirus...
Coronavirus: IMF/World Bank Plans to Hold Digital Meeting in Spring The International Monetary Policy (IMF) and the World Bank have announced that the 2020 spring meeting...
South Africa Slips Into Economic Recession South Africa, Africa’s second-largest economy, plunged into recession in the final quarter of 2019, according to a new report from...
S&P Lowers Nigeria’s Credit Rating Amid Falling FX Reserves Nigeria’s falling foreign exchange reserves due to weak oil price as prompt the international rating agency, Standard...
DisCos Grow Revenue by 8% to N473bn in 2019 The nation’s Distribution Companies (DisCos) grew revenue by 8 percent or N35 billion to N473 billion in...
