Contribution to COVID-19 relief fund hits ₦15 billion, says CBN. The Central Bank of Nigeria (CBN) on Wednesday said that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against COVID-19 (CACOVID) stood at ₦15 billion.

Sell-offs in blue chips knock off ₦104.2bn in stock market. The Nigerian Stock Exchange closed in red with investors’ fortune washed off in billions as coronavirus cases keeps running riot.

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%).