Browsing: Nigeria

Analysts at Chapel Hill Denham think there is sufficient liquidity in the fixed income market

A tribunal in the United States has award Nigeria total sum of $660,129 in a $1.5 billion

Fitch Ratings has revised Nigeria-based Bank of Industry’s (BOI) outlook to stable from negative

Vision 20:2020: FG to Produce National Development Plans. As vision 20:2020 plan is set to wind up in December 31, 2020, Federal Government has said it is committed to producing national development plans for the country.

6.1% GDP Contraction: Dust Yet to Settle – Analysts. Amidst a 6.1% contraction in gross domestic products, analysts said they expect second round effects of the economic disruption in the form of massive layoffs in the formal sector, corporate defaults, tightening of financial conditions and weaker

Fitch Rates Coronation Merchant Bank ‘B-‘; with Negative Outlook. Fitch Ratings has assigned Nigeria-based Coronation Merchant Bank Limited

Nigeria’s Coronavirus Caseload Increases to 30,748. Nigeria has recorded 499 new COVID-19 cases, bringing the country’s coronavirus case load to 30,748.

COVID-19: NCDC reports 454 new cases of infection. The Nigeria Centre for Disease Control (NCDC) has reported 454 new cases of Coronavirus (COVID-19) in the country.

COVID-19 Infections Increased to 23,298 as NCDC records 684 New Cases. Nigeria Centre for Disease Control has recorded 684 new cases of COVID-19, bringing the total number of infections in the country to 23, 298.

COVID-19: Nigeria may go into severe recession – World Bank. The World Bank says collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s.