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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

Banks In Abuja, Lagos, Others To Open From Monday

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Federal Government on Wednesday said banks in Abuja, Lagos, and Ogun will begin operations from Monday 4th of May, 2020. Disclosing this, the National Coordinator...

COVID-19: British Airline To Axe 12,000 Jobs

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British Airways is set to make up to 12,000 workers redundant on the back of Covid-19 restrictions. The airline's owner International Airlines Group (IAG) announced...

BREAKING: Nigeria Joins OPEC To Cut Crude Oil Production

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The Federal Government on Friday said crude oil price would rebound by at least $15 per barrel in the short term following the latest...

[BREAKING] COVID-19: FG Reduces 2020 Budget

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The Federal Government has sent a new budget proposal to the National Assembly for consideration in view of global economic realities as a result...

Coronavirus: Chinese Billionaire Jack Ma’s Medical Supplies Arrive Nigeria (PHOTOS)

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A consignment of medical supplies donated by Chinese billionaire and Alibaba co-founder Jack Ma, has arrived in Nigeria. The Chinese billionaire had used his foundation...

BREAKING: FG Cuts Petrol Price To N130

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President Muhammadu Buhari may have approved the reduction of pump price of the Premium Motor Spirit (PMS) also known as petrol from N145 to...

COVID-19: Economic council meets Buhari, warns of recession

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The Presidential Advisory Council on Tuesday warned about dire economic consequences for Nigeria if the raging coronavirus infection was not contained as quickly as...

Dangote Loses N240b In 5 Hours To Coronavirus

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Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the coronavirus bit harder on...

Coronavirus will put severe strain on Nigeria’s budget – Finance minister

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The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said the novel Coronavirus, which had led to a huge drop in crude...

BREAKING: Buhari, Emefiele, Kyari, Others Hold Emergency Meeting Over Oil Crash

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President Muhammadu Buhari and officials dealing with government finances are meeting right now. Those attending are the Minister of Finance, Budget and National Planning, Zainab...

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