Business

The Central Bank of Nigeria (CBN) has granted a two-week market holiday to the Bureau De Change (BDC) operators. The President, Association of Bureau De Change Operators (ABCON), Aminu Gwadabe, disclosed this in a statement on Thursday, noting that this comes into effect from Friday, March 27. Mr. Gwadabe said this follows a request which was sent to the apex ...

The Nigerian National Petroleum Corporation and 33 of its partners in the oil and gas sector have contributed $30 million, about ₦11.4 billion to curb the coronavirus pandemic and reduce its effects on the Nigerian economy and populace. The NNPC’s Group Managing Director, Mele Kyari, disclosed this in a tweet where he announced the intervention fund on behalf of the ...

The Central Bank of Nigeria (CBN) has granted a two-week market holiday to the Bureau De Change (BDC) operators. The President, Association of Bureau De Change Operators (ABCON), Aminu Gwadabe, disclosed this in a statement on Thursday, noting that this comes into effect from Friday, March 27. Mr. Gwadabe said this follows a request which was sent to the apex ...

The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world’s poorest nations so they can battle the coronavirus pandemic. “The World Bank Group and the IMF believe it is imperative at this moment to provide a global sense of relief for developing countries as well as a strong ...

The financing facility comes in the form of a senior corporate loan of up to the equivalent of $75 million in multiple currencies, which includes $40 million and EUR 30 million   The African Development Bank has signed an agreement with DAL Group, one of Sudan’s largest conglomerates, for the provision of up to $75 million to improve food security ...

Both presidents will use the visit to discuss the African Leaders for Nutrition (ALN) initiative which works to fight against malnutrition Following a meeting with the President of Sierra Leone Julius Maada Bio at the AU Summit in February 2020, President Akinwumi Adesina will make a visit to the country, from 11 to 13 March. The visit presents an opportunity ...