Tag: COVID-19 pandemic
World Bank Group Steps Up Support to Deepen Regional Integration in Africa
The World Bank Group has updated its approach to help strengthen regional integration in Africa. This reinforces the institution’s support to help the continent recover from the COVID-19 pandemic and…
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Aisha Abubakar- Achonu: FG should come to the aid of Garment Manufacturers
The fashion industry, like many others in Nigeria, has been hit hard by the impact the prolonged COVID-19 pandemic has had on the country’s economy, permanently changing lives, livelihoods and…
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Ekeoma Eme Ekeoma: I live my life as if its my last day on earth.
Being a successful businessman and billionaire with footprints across Nigeria's energy sector, is an impressive achievement. Building an empire that brings in that amount of money is no easy feat…
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COVID-19: Disengaged staff petition Pencom over withheld unremitted pension funds to PFAs.
Emileo Castrol Former staff of Vintage Press Limited publishers of The Nation newspapers have petitioned the Director General National Pension Commission (PenCom) over backlog of unremitted pension due to workers.…
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Banks’ Credit to Private Sector Rises to N30.189tn
Banking sector’s credit to the private sector rose by N757 billion or 2.57 per cent to N30.189 trillion as of July 2020, compared with the N29.432 trillion it was…
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Qatar Airways Refunds $1.2bn to Customers
Qatar Airways said it has paid out over $1.2 billion in refunds to almost 600,000 passengers since March. This, it stated was in demonstration of its commitment to honouring its…
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Champion Breweries reports N18.29m loss in six months
Champion Breweries Plc has reported a loss after tax of N18.29m for the half year ended June 30, 2020 as against a profit of N99.11m posted in 2019. According…
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Nigeria’s Economy Contracts by 6.10% in Q2
The country’s Gross Domestic Product (GDP) growth rate contracted by –6.10 per cent (year-on-year) in real terms in the second quarter of the year (Q2 2020), according to the National…
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Twitter on Fire over DStv’s increased subscription fees amid COVID-19 pandemic
In a surprising development, yesterday, some DStv subscribers were informed about impending price increases. For instance, DStv Compact subscribers were informed to expect a 13.3% price increase to N7,900…
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GUINNESS, NB, SEPLAT, AIRTEL, UNILEVER record impressive gains, investors gain N82.46 billion
Nigerian bourse ended the week cumulatively on a bullish note. The NSE All-Share Index and Market Capitalization both appreciated by 0.63% to close the week at 25,199.84 points and N13.146…
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