The world’s biggest maker of condoms warned of a global shortage as supply falls by almost…
Category: Business
NNPC, other oil firms donate N11bn to combat COVID-19
The Nigerian National Petroleum Corporation (NNPC) has made an intervention of $30 million (N11 billion) to…
Swiss hotel launches $822 per day COVID-19 quarantine service
Le Bijou, a Swiss luxury hotel, has launched a COVID-19 service for wealthy clients. Bloomberg Wealth…
S&P downgrades Nigeria to Junk status amid oil price crash
One of the leading global rating agencies, Standard & Poor’s (S&P), has downgraded Nigeria’s credit rating…
Smile asks those who visited its Abuja regional office in the last five days to self-isolate
Smile Nigeria, an internet service provider, has asked anyone who visited its Abuja regional office in…
BUA founder, Abdul Samad Rabiu, donates N1b to COVID-19 response in Nigeria
To strengthen national response to COVID-19 in Nigeria, industrialist and founder of BUA Group, Abdul Samad…
State regulators seek clear roles for NLRC…insist on global best practice
Gambling industry regulators under the aegis of the Association of State Gaming Regulators have called for…
UBA donates N5bn to COVID-19 relief support across Africa
United Bank for Africa Plc on Thursday announced a donation of over N5 billion ($14 million),…
COVID-19: IMF, World Bank suspend debt payments by Nigeria, others
The International Monetary Fund IMF and the World Bank on Wednesday announced a temporary suspension of…
Allow private hospitals to run coronavirus test, Dangote tells FG
President, Dangote Industries Ltd, Aliko Dangote, has advised that private laboratories should be allowed to run…
COVID-19: Aero, Air Peace suspend flights services
Major local carriers, Air Peace and Aero Contractors have suspended all flight services to support the…
CBN stops dollar sales to NNPC
Central Bank of Nigeria (CBN) has stopped local and international oil companies from selling dollars to…
Eko Hotel announces partial closure over coronavirus
Eko Hotel & Suites has announced a partial suspension of its services over coronavirus. In a…
COVID-19: NRC stops train services from Monday
The Nigerian Railway Corporation has announced the suspension of all passenger train services with effect from…
CBN: Naira to now trade at N380/$
The Central Bank of Nigeria (CBN) has directed that bureaux de change operators in the country…
CBN unifies FX rates as FAAC shares allocation at N360/$
Allocations to the three tiers of government in naira will increase as the federation account allocation…
$30bn revenue loss: Reps threaten MTN, Glo, other CEOs with arrest
The House of Representatives has given the Chief Executive Officers of telecommunications service providers a seven-day…
Coronavirus: CBN announces N1.1tn intervention fund
The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors…
Oil price sinks to lowest level in 16 years
The price of Brent crude, the international benchmark, tumbled on Wednesday to the lowest level in…
Zenith Bank fetes shareholders with N87.bn dividend payout
Shareholders of Zenith Bank Plc on Monday at the 29th Annual General Meeting of the Bank…