Lockdown: Banks to provide ‘skeletal services’ at Apapa port
An official said the banks would open between the hours of 9 a.m. – 2 p.m. daily for payments of duty on cargo.
New Fuel Price: NNPC seeks smooth movement of petroleum tankers nationwide
The corporation said that the federal government counted on the support of the law enforcement agencies across the country to ensure smooth distribution of petroleum products.
Coronavirus: Nigeria, Angola, Senegal, Cameroon, Ghana among the most hard-hit as oil price plunges
The African Energy Chamber analyses the most vulnerable African countries amid the COVID-19 pandemic and low oil price
Nigeria realised N2.3 trillion from crude oil sales in 2018 — NEITI
In 2018, 255.6 million barrels were lifted by NNPC, while companies lifted 445.5 million barrels.
Coronavirus Lockdown: Buhari grants limited exemptions to banks, other financial institutions – Officials
Mr Buhari imposed a lockdown, restricting movements in Lagos, Ogun and Abuja.
Coronavirus: Nigerian govt sues H-Medix, Faxx Stores, others over hike in prices of sanitizers
The government is also prosecuting Prince Ebeano Supermarket Limited and and Bakan Gizo Pharmacy & Stores Nigeria Limited.
Coronavirus: Banks to maintain skeletal operations in Abuja, Lagos, Ogun — CBN
Although these establishments are exempted, access will be restricted and monitored.
Coronavirus pandemic could lead to global condom shortage — Producer
Condom is the most widely used contraceptives in the world.
Coronavirus: UBA presents N1 billion to Lagos govt
The bank applauds the government’s effort to fight the pandemic.
Coronavirus: AfDB launches $3 billion ‘Fight COVID-19’ social bond
The bank says it is the largest dollar denominated Social Bond ever launched in international capital markets to date.
NNPC, 31 oil firms mobilise $30 million coronavirus fund
NNPC chief said the fund would be deployed to meet three important emergencies.
Coronavirus: Polaris Bank donates 400 specialized beds, accessories
The beds, according to the bank, will be handed over to the Lagos State Government; being the state most hit by the pandemic, the Nigeria Centre for Disease Control (NCDC) and other state governments.
CBN mobilises Nigerian billionaires for assistance against coronavirus
CBN tells Nigerians to prepare for the worst.
NSE returns to negative posture, indices down by 0.05 per cent
The All-Share Index dropped 11.68 points or 0.05 per cent to 21,729.48 compared with 21,741.16 recorded on Tuesday.
NSE: Market indices up 0.19 per cent as MPC retains rates
The All Share Index (ASI) increased by 40.18 points or 0.19 per cent to close at 21,741.16.
Coronavirus: MPC retains all policy rates, supports CBN’s stimulus plan
Many financial experts had expected the monetary policy rates to be reviewed in an attempt to reinvigorate the Nigerian economy.
Bank shuts down Abuja branch after customer dies of coronavirus
The deceased visited the branch on March 12, and didn’t show any symptoms at the time of the visit.
Coronavirus: What CBN, MPC should do to stabilise economy – Experts
The Monetary Policy Committee of the CBN is scheduled to hold its second meeting for the year on Monday and Tuesday.
How govt arrived at new N125 per litre fuel price – Official
With the plunge in crude oil prices, the government had no option than to respond to dynamics of the international crude oil market.
COVID-19: FIRS unveils automated tax system to boost revenue collection
The FIRS said the electronic system would also help block leakages in tax collection.