- Zcash Soars by 25% as Emergency Security Fix Boosts Optimism
- Inflation, Interest Rate Headwinds Weigh on Midyear US Credit Outlooks
- Nairobi Securities Exchange Climbs on Automobile, Telecom Stocks Rally
- Nigeria’s Headline Inflation Rate Climbs to 15.93% in May
- Ethereum Gains 9% as Bitmine Immersion Tech. Boosts Holdings
- AFC Backs Dangote Fertiliser Expansion with $600m Loan
- XRP Price Surges 8% on Japan’s New Crypto Rule, ETF Inflow
- Fitch Affirms Côte d’Ivoire Rating at ‘BB’, Outlook Stable
Coronavirus paralyses Instant loans vendors’ activities despite increase demand. On the back of rising cases of coronavirus, Nigeria’s households that have been patronizing instant credits vendors are being disappointed as operators lower their appetite for lending.
Experts estimate $15.4bn revenues miss for Nigeria amid COVID-19, Oil prices plunge
Stock market records 20.65% negative return in first quarter
Lockdown: Prudential Zenith Life Insurance introduces new services to help customers. Prudential Zenith Life Insurance says it has introduced range of services to help its customers cope with the lockdown.
COVID 19: FBN donates ₦1 billion, reiterates commitment to safety of Nigerians. FirstBank has announced its donation of the sum of N1 billion towards the joint effort by the Nigerian Private Sector Coalition against COVID-19 to rapidly expand the health facilities.
COVID-19: Banks stop clearing cheques on CBN directive
CBN, Banks, NIBBS others open for business during COVID-19 Lockdown. The Central Bank of Nigeria (CBN) says the apex bank and other financial institutions will open for business in spite the two weeks lockdown declared by President Muhammadu Buhari in Abuja, Lagos and Ogun states.
Equity market cap drops to ₦11.11 trillion amidst COVID-19 fear. Today, the domestic equities market declined 243bps to 21,330.79 points following sell-offs in MTNN (-10.0%), ZENITH (-5.2%) and GUARANTY (-3.0%).
COVID-19: Economist Tasks FG on price control, says this is bad time to print money. Due to rising cases of coronavirus and activities lockdown, an economist has said that Federal Government, FG, shoulder consider price control measure to reduce burden on the citizens.
Coronavirus – Fact Check: COVID-19 is NOT airborne. The World Health Organisation (WHO) has stated that the virus that causes COVID-19 is mainly transmitted through droplets generated when an infected person coughs, sneezes, or speaks.
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