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

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...

South African President Ramaphosa Appoints Okonjo-Iweala Head Economic Advisory Council

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South Africa's President Cyril Ramaphosa has reportedly appointed Dr. Ngozi Okonjo-Iweala as the Head of the country’s Economic Advisory Council. ABN TV reports that South...

How Buhari Intends To Spend $22.7m Foreign Loan

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Here is how the Buhari administration plans to spend the loan and where the projects are located as contained in the document: INFRASTRUCTURE – Emergency road...

Senate Approves Buhari’s $22.7bn Loan Request

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The Senate, on Thursday, approved the $22.7bn loan request of President Muhammadu Buhari, after a heated debate that ended up in a closed session. The...

BREAKING: Nigeria Now Tops South Africa As The Continent’s Biggest Economy

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As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy. The answer to the question of...

BREAKING: Abia Hits 1bn Naira In Monthly IGR As Ikpeazu Says Payment Of Workers Not A Problem

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Abia State has met her target of hitting the N1bn mark in her internally generated revenue drive for the month of January 2020 thereby...

BREAKING: Abia Hits 1bn Naira In Monthly IGR As Ikpeazu Says Payment Of Workers Not A Problem

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Abia State has met her target of hitting the N1bn mark in her internally generated revenue drive for the month of January 2020 thereby...

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