SEPLAT: Oil & Gas Asset Depreciates as Low Oil Prices Hit Revenue. Seplat Plc, an independent oil and gas producer in Nigeria, had a rough ride in the first half of 2020 as Oil and Gas asset depreciate due to impacts of outbreak of coronavirus on global prices of oil assets.

Nigeria Records Total of 888 COVID-19 Deaths as Fresh Cases Rise. In Nigeria, numbers of infected people that have died climbed higher as coronavirus spreads its venom across the world.

₦5 trillion: AMP Scheme Strategic To AMCON’s Recovery – Kuru. The Asset Management Corporation of Nigeria (AMCON) Managing Director/Chief Executive Officer, Mr Ahmed Kuru attested to the efficacy of the processes of receivership and winding up procedures as amended in the 2019 AMCON Act

Nigeria’s Tax System Hinders progress Boosting Non-Oil Revenue. Shortcomings in design of tax system continue to hindering Federal Government of Nigeria’s progress in boosting non-oil revenue, Fitch Ratings hinted.

Nigeria’s 9% Foreign Currency Debt to GDP Remains Moderate -Fitch. Less Financing to Short-term financing Stress.External Reserve Projected to drop 40%. Low fiscal Revenue weakens Debt Sustainability

Increased VAT Rate Lifts Revenue Collection 8.45% to ₦651.77 billion

Unity Bank Revved up Performance as Gross Earnings Hits ₦22.87bn

Julius Berger: FX Losses, Inactivity Deflate Earnings Performance

FBN Holdings Bolsters Performance as Profit Spikes 56.3% to ₦49.5bn

Investors Gain ₦22.7bn as Bargain Hunting Lifts Benchmark Index