Business

Some designated markets in Rivers State on Tuesday morning recorded high patronage as residents of the state thronged the markets for Easter shopping, the News Agency of Nigeria (NAN) reports. NAN reports that the state government had earlier ordered the closure of markets across the state as part of measures …

The National Youth Council of Nigeria, NYCN, has commended the Nigerian National Petroleum Corporation, NNPC for its effective distribution of petroleum products since the commencement of the ongoing lockdown arising from the outbreak of coronavirus in the country. The group said the NNPC kept its words in ensuring constant and …

Most Nigerian banks have made considerable financial donations to governments’ efforts at containing the ravaging COVID-19 pandemic, with major banks and investors headlining the multi-billion Naira private sector-led campaign. With the full lockdown in key major economic and political centres of Lagos State and Federal Capital Territory, Abuja and Ogun …

The Nigerian Youth Congress, coordinating body of Youth groups and Organizations in the Federal Republic of Nigeria has commenced the distribution of Hand Sanitizers and Relief Materials, through the office of the Senior Special Adviser to the President on Youth and Students Affairs and Senator Andy Uba Foundation, across the …

The Standards Organisation of Nigeria (SON) has warned Nigerians to avoid purchasing fairly used, expired and stuffed-in tyres to safeguard their lives and property. Mr Bola Fashina, Special Assistant to SON Director-General gave the warning on Monday in Abuja in an interview with the News Agency of Nigeria (NAN). Fashina …

The conditional cash transfer to the most indigent and vulnerable across the country by the Ministry of Humanitarian Affairs, Disaster Management and Social Development entered its second day on Thursday with a simultaneous rollout in Anambra, Katsina and Nasarawa states. Thursday’s rollout of the payments came on the heels of …

The Nigerian equity market on Thursday closed on a positive note as Dangote Cement Plc led other gainers to halt the negative sentiment of three consecutive trading days. However, the market breadth closed negative, with 19 losers as against seven gainers. The key market performance measures, the All Share Index …

The Manufacturers Association of Nigeria has appealed to state governors to check the excesses of security agents in their domains disturbing manufacturers from carrying out production, under the pretence of enforcing government-imposed lockdown. This was contained in a statement issued by the MAN President, Mansur Ahmed. He, however, commended the …

The country’s foreign reserves have continued its downward trend dropping by $3.02bn from $38.53bn on January 2, 2020 to $35.51bn as of March 27, 2020, latest statistics from the Central Bank of Nigeria have revealed. According to the figures, the reserves dropped from $39.8bn on November 11, 2019 to $39.24bn …

FIRST BANK Nigeria Limited has announced partnership with government and other stakeholders to provide access to e-learning solutions to children across the country. The bank, in a statement, said the initiative is to support students and minimize the disruption to education resulting from schools’ closure following the Coronavirus (COVID-19) pandemic. “This …