Business

“We are in an unprecedented situation where a global health pandemic has turned into an economic and financial crisis."

The bank says it closed its physical branches because of the resultant lockdown in different states.

The All-Share Index, which opened at 21,757.47 inched 104.31 points or 0.48 per cent to close at 21,861.78.

NNPC chief said the fund would be deployed to meet three important emergencies.

The beds, according to the bank, will be handed over to the Lagos State Government; being the state most hit...

The CBN announced the suspension of the sale to BDCs in a letter dated March 25, 2020.

CBN tells Nigerians to prepare for the worst.

Mr Rabiu joins other corporate bodies who have announced donations to fight the pandemic.

Nigeria's confirmed coronavirus cases reached 46 on Wednesday as various states adopt different measures in an attempt to curb the...

"We have decided to suspend our flight operations for the next 14 days," Dana said.

The firm says the move is in compliance with the government’s restrictions on large gatherings to curb the coronavirus spread.

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.

The CBN governor said the MPC felt the decision would stimulate the economy in the short term, and boost aggregate...

The All Share Index (ASI) increased by 40.18 points or 0.19 per cent to close at 21,741.16.

Many financial experts had expected the monetary policy rates to be reviewed in an attempt to reinvigorate the Nigerian economy.

The deceased visited the branch on March 12, and didn't show any symptoms at the time of the visit.

Brent crude drops to $25 as lockdown is being enforced globally.

The All-Share Index (ASI) which opened for the week at 22,198.43 shed 497.45 or 2.24 per cent to close at...

The balance in the Excess Crude revenue Account (ECA) stood at about $72.221 million as of March 2020.

The measurement is global with France leading. In Africa, South Africa leads, followed by Kenya and Morocco in the second...

The Monetary Policy Committee of the CBN is scheduled to hold its second meeting for the year on Monday and...

The circular said henceforth dollars would be sold to banks at the exchange rate of N376 per dollar.

The committee urges oil companies, others to sell FOREX to CBN and not NNPC.

The bank said it raised $750 million in 2017 from a syndicate of 16 international banks.

A proactive measure needs to be enacted with great caution to effectively tame the dwindling force behind the soul of...