28 C
Lagos, South Africa and New York
Wednesday, April 8, 2020

JUST IN: We haven’t Arrested Killers Of Pa Fasoranti’s Daughter In Ondo – Police

The police in Ondo have denied arresting suspects in the murder case of late Mrs...

FG begins disbursement of N500m cash transfer to poor people in Kwara

The National Cash Transfer Office (NCTO) of the Federal Government, on Monday began payment of...

BREAKING: Taraba Commissioner dies

Taraba Commissioner for Rural Electrification, Alexander Markus Senlo, has died after a brief illness. Senlo, a...

Buhari orders distribution of 150 trucks of seized rice to Nigerians

President Muhammadu Buhari has ordered distribution of 150 trucks of rice seized by Nigeria Customs...

REVEALED: This is the identity of Army Officer Who Killed Man In Delta

The identity of the army personnel, who killed a young man named Joseph Pessu in...

Coronavirus: Niger govt slash 2020 budget by 36%

Amidst the Coronavirus (COVID 19) pandemic, Niger State Executive Council seeks to downsize the 2020 approved budget by 36 per cent. The State Commissioner for Budget...

Nigeria to cut budget in face of oil price crash -finance...

ABUJA (Reuters) - Nigeria will cut size of its budget in the face of sharp declines in the price of crude oil, the nation’s...

UPDATED: Senate approves Buhari’s request to borrow $22.8bn as debt service...

ABUJA, March 5 - Nigeria’s upper house of parliament has approved foreign borrowings of $22.7 billion requested by President Muhammadu Buhari, the Senate...

Credit Cards

Personal Finance

Spending & Savings

Taxes

FBNH Declares N73.7bn PAT in 2019 Audited Results, Proposes N0.38K Final Dividend;(SP:N4.00k)

FBN Holdings Plc released its 2019 Audited results for the period ended December 31st, 2019. Key Highlights Revenue grew by 0.8% to N627bn from N587bn in...

Transcorp Plc announces April 28th as new date for its 14th AGM

Notice is hereby given that the 14th Annual General Meeting ("AGM") of Transnational Corporation of Nigeria Plc ("the Company"), earlier postponed due to the...

Stanbic IBTC to convert N21b cash to scrip at N24.79 per share for shareholders

Stanbic IBTC Holdings Plc has indicated that a conversion price of N24.79 per share for any shareholder that elects to convert his cash dividend...

Moody’s Assigns Ratings to Dangote Cement Plc’s DMTN Program and Proposed Series 1 Notes

Moody’s Investors Service, (“Moody’s”) has today assigned a (P)B2 local currency rating and Aa3.ng national scale rating (NSR) to the NGN300 billion domestic medium...

Dangote Cement Series 1 up to N100bn 5-year Under Its N300bn Bond Issuance Programme...

By Arthur Stevens Asset Mgt We are pleased to inform you that the book build for the Dangote Cement PLC (“Dangote Cement” or “DCP”) Series...

AfDB celebrates milestone with first social bond listing on London Stock Exchange

Record-breaking $3 billion Fight Covid-19 social bond launches on LSE: a first for the Bank The African Development Bank’s (www.AfDB.org) “Fight Covid-19” social bond, the...

Firm launch N5bln Covid-19 insurance cover for Nigerians affected

Leadway Assurance Company Limited, Custodian & Allied Insurance Plc, Lasaco Assurance Plc, AIICO Insurance Plc, Tangerine Life Insurance Limited and Ark Insurance Brokers Limited...

The Big Read

By Yomi Kazeem Nigeria has recorded only two confirmed cases of Covid-19 but the global pandemic’s growing impact on its economy is far more significant. As oil prices tank while global demand drops drastically in the wake of the outbreak, Nigeria’s economy is being caught in the cross-hairs. Essentially, with oil being Nigeria’s biggest export, the government relies heavily on the...
by Anjli Raval and David Sheppard in London Oil prices crashed by as much as 30 per cent after Saudi Arabia fired the first shots in a price war, in crude’s biggest one-day fall since the early 1990s Gulf war. Riyadh’s threat to discount its crude and raise production prompted the price of Brent crude, the international oil marker, to fall...

CURRENCIES

CRYPTOCURRENCY

COVID-19: Nigeria advise Western countries, no need for global panic

Nigeria Government has again assured the world that there was no need to panic over the confirmation of the 2019 novel coronavirus(COVID-19) in...

HEALTH + FITNESS

British PM hospitalized, moved to ICU

British Prime Minister Boris Johnson has been taken into intensive care in hospital with coronavirus,...

Nigeria’s coronavirus cases hits 238, 35 discharged, 5 dead

Six new cases of coronavirus have been reported in Nigeria. Of the new cases recorded;...

Lagos discharges 5 more treated Coronavirus patient, discharged now 30

The Lagos State government on Sunday discharged five more Coronavirus patients from the isolation centre...

Global demand for coronavirus drug sees India stop exports of hydroxychloroquine as Nigeria endorse drug for Covid-19 treatment

India is prioritising the supply of a potential coronavirus drug to its own people by...

Coronavirus kills three Nigerian citizens In United States

Three Nigerians have been confirmed dead as a result of Coronavirus in the United States. Nigeria’s...

GLOBAL ECONOMY

WORLD

Flattening the COVID-19 Curve in Developing Countries

The more contained you want the novel coronavirus to be, the more you will need to lock down your country – and the more fiscal space you will require to mitigate the deeper recession that will result. The problem for most of the Global South is that policymakers lack fiscal space even in the best of times.

Leadership In Crisis: COVID-19 In Nigeria By Otive Igbuzor

The simplest definition of Leadership is the ability to lead others by influence. It is the capacity to influence, inspire, rally, direct, encourage, motivate,...

Oppression Of Nurses Must Stop In Ogun, Lagos By Tao Bakare

In Ogun State, health workers are being paid inhumane sum of N5000 as hazard allowance. Doctors are now clamouring for N200,000 increase hazard allowance...

GLOBAL ENTREPRENUERS

Of these 13, there are four people from Nigeria. They are Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Folorunsho Alakija. Together, they have some of the wealthiest families in the country. Here are the three richest families in Nigeria Aliko Dangote As of today, April 8, 2019, the CEO of Dangote Group is worth $10.4 billion. This makes him Africa's richest man...

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