Facebook, Red Cross launch digital campaign against COVID-19. Facebook says it has launched “AfricaTogether,” a digital campaign to encourage vigilance against COVID-19 in partnership with the International Red Cross and Red Crescent Movement.

Global Finance 2020: Zenith Bank emerges best bank in Nigeria. Zenith Bank Plc has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020.

MPR Cut Positive for FG Borrowing Plan, Negative for inflation. Analysts have interpreted the Central Bank of Nigeria’s Monetary Policy Committee decision to cut rate as part of big plan to reduce the nation’s borrowing cost as budget deficits widened.

‘Policy Rate Cut Unlikely To Move Yields in Fixed Income Market’. Analysts at Tellimer have said the monetary authority decision to slash the policy rate by 100 basis points is unlikely to move yields in the fixed income market. 

60% Upside! FSDH Explains Why Investors Should Buy Airtel Stock. FSDH group has stated that Airtel Africa’s healthy fundamentals, improving debt position and sturdy growth story places it among its favoured buys.

CBN adjusts timelines for reversals of complaints on electronic channels. The Central Bank of Nigeria (CBN) has adjusted timelines for reversals or resolution of refund complaints on electronic channels with effect from June 8.

FX Market Wrap: Actually, dollar had a rough ride . The dollar had a difficult week, falling against all the major currencies but the Japanese yen and appeared to break out of its recent trading ranges against the euro, Canadian and Australian dollars.

8 out of 10 most valuable stocks records negative return. The stock market

Analysts’ $40 Brent Forecast to Hurt Nigeria’s FX receipts. Federal Government’s expectation of improve global prices of oil may be douse as Reuter’s poll of dozens of analysts set target price below $40 a barrel for 2020.

Venture Capitalists’ Investments in Drone: Momentum is building in the drone industry according to latest data, drone industry insight has revealed. Investors are putting significant funding into the segment as world leverage on technologies and related infrastructure.