- SK Hynix Tokenised bStocks Dips on Market-Wide Riskoff
- Lagos Set to Open N200 Billion State Bond for Subscriptions
- NMDPRA Seals Filling Stations Over Petrol Under-Dispensing
- MTN, Aradel Selloffs Drag NGX Index, Investors Lost N1.33trn
- Bond Yields Rise to Multi-Decade Highs in U.S., UK, Others
- FG Markdown Petrol Price for 30 Days as Subsidy Debate Heats Up
- Power Generation Utilisation Hits 81% in September-NERC
- China’s AI Stack May Support Expansion into Cost-Sensitive Markets
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.
COVID-19: NCDC to increase testing laboratories, says Rapid Diagnostic Test Kit not validated. The Nigeria Centre for Disease Control (NCDC) says it will expand its testing capacity for COVID-19 from six laboratories to 13 in the next three weeks.
COVID-19: Solidarity Trial to Compare Drugs Combination Starts in Two Countries – WHO. The World Health Organisation (WHO) said there are now more than half a million confirmed cases of COVID-19 and 23,495 deaths.
FX Market: Naira depreciates on rising cases of COVID-19. Exchange rates depreciated by ₦30 week on week (w/w) at the parallel market amid rising cases of COVID-19, poor inflow into external reserves.
VP, Lagos announce Wellvis, Prunedge, Infodemics others to fight COVID-19
AfDB raises $3 bn social bond to combat coronavirus. The African Development Bank (AfDB) has raised three billion dollars three-year bond to help alleviate the economic and social impact of Covid-19 pandemic in Africa. The bank’s Communication and External Relations Department made this known in a statement on Friday.
The African Export-Import Bank (Afreximbank) has announced a $3-billion facility, named Pandemic…
COVID-19: FBN announces e-learning solution to solve educational challenges First Bank of Nigeria, in partnership with government, other stakeholders has…
Fidelity Bank bolsters earnings; beats analysts’ consensus estimates. Fidelity Bank Plc has set quite a steep performance record as the leading retail lender bolster earnings to beat consensus analysts’ estimates.
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
