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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
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.
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.
The African Export-Import Bank (Afreximbank) has announced a $3-billion facility, named Pandemic…