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Tuesday, June 2, 2020

How FEC, Presidency Approved N7bn Agric Building, Fresh Documents Reveal

How FEC, Presidency Approved N7bn Agric Building, Fresh Documents Reveal Following the query issued to a former Permanent Secretary in the Federal Ministry of Agriculture...

Discos Lose N366bn To Tariff Hike Postponement

Discos Lose N366bn To Tariff Hike Postponement   The postponement of the electricity tariff hike shift from April to June is estimated to have cost the...
cbn

Economy Contracted In May – CBN Report

Economy Contracted In May - CBN Report   Economic activities in manufacturing, production, new others and other indices contracted in May after recording at least 36...

Bonds Yields Dip, Naira Strengthens After Rate Cut

Bonds Yields Dip, Naira Strengthens After Rate Cut   The Federal Government’s five-year bond yield dropped by more than 200 basis points on Friday, after the...

CBN Extends Accounts Submission Deadline For MfBs, Others

CBN Extends Accounts Submission Deadline For MfBs, Others     The Central Bank of Nigeria has extended the timeframe for the submission of the 2019 audited financial...

NPA Generates N180bn From Dredging, Equipment Management

NPA Generates N180bn From Dredging, Equipment Management     The Nigerian Ports Authority (NPA) has made over N180 billion from dredging and equipment management over the last...

CBN Predicts Negative Economic Growth In Q2

CBN Predicts Negative Economic Growth In Q2   The Central Bank of Nigeria has predicted negative Gross Domestic Product growth for the country in the second...

DMO Faults Reps, Says Lawmakers Approved $3.18bn Chinese Loans

DMO Faults Reps, Says Lawmakers Approved $3.18bn Chinese Loans   The Debt Management Office has said all the loans collected by the Federal Government from China,...

CBN Suspends Intervention-loan Repayment For A Year

CBN Suspends Intervention-loan Repayment For A Year     The Central Bank of Nigeria has said it is giving one-year moratorium on all principal repayments for COVID-19...

World Bank Approves $346m For Lake Chad Region Projects

World Bank Approves $346m For Lake Chad Region Projects   The World Bank has approved $346m for two projects aimed at strengthening resilience and livelihoods in...

Average Fare Rose By 8.21% In April – NBS

Average Fare Rose By 8.21% In April – NBS     In its Transport fare Watch report for April 2020 on Wednesday, the National Bureau of Statistics...

IMF Advises Banks To Suspend Dividend Payment

IMF Advises Banks To Suspend Dividend Payment     The International Monetary Fund has advised commercial banks to retain their earnings by suspending payment of shareholders’ dividends...
NBS National Bureau of Statistics

Foreign Direct Investment Declined To $214.25m In Q1 – NBS

Foreign Direct Investment Declined To $214.25m In Q1 – NBS     Foreign Direct Investment into the country dropped to $214.25m in the first quarter of 2020...

Nigeria’s External Reserves Up By 7% In 21 Days

Nigeria’s External Reserves Up By 7% In 21 Days     The continuous increase in Nigeria’s external reserves appears to have been sustained as it recorded a...

Banks’ Investments In Software Rise To N46.2bn

Banks’ Investments In Software Rise To N46.2bn     Ten Deposit Money Banks reported fresh investments valued at N46.2bn in software in the first three months of...

W/Bank’s Approval For Nigeria’s $1.5bn Cash Coming July

W/Bank’s Approval For Nigeria’s $1.5bn Cash Coming July     The World Bank will take final decision in late July on a $1.5 billion loan to support...

We’ll Ease Nigeria, Others’ Debt Burden – Chinese Minister

We’ll Ease Nigeria, Others’ Debt Burden - Chinese Minister   Chinese Foreign Minister, Wang Yi, has said China will work with other G20 members to implement...

Importers, Agents Berate NPA, NSC Over N150bn Charges

Importers, Agents Berate NPA, NSC Over N150bn Charges   Importers and clearing agents at the seaports have raised the alarm over the plan by shipping firms...

COVID-19: CBN Okays N10bn For Healthcare Loans

COVID-19: CBN Okays N10bn For Healthcare Loans     The Central Bank of Nigeria (CBN) has approved N10 billion aggregate loan request by pharmaceuticals and other health...

FG Still Consulting On Revised Budget — Finance Minister

FG Still Consulting On Revised Budget — Finance Minister   The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday met with the leaders...
Live Covid-19
United States 1,869,190
Cases: 1,869,190
Deaths: 107,583
Recovered: 618,867
Active: 1,142,740
Brazil 531,768
Cases: 531,768
Deaths: 30,152
Recovered: 211,080
Active: 290,536
Russia 423,741
Cases: 423,741
Deaths: 5,037
Recovered: 186,985
Active: 231,719
Spain 287,012
Cases: 287,012
Deaths: 27,127
Recovered:
Active: 259,885
United Kingdom 277,985
Cases: 277,985
Deaths: 39,369
Recovered:
Active: 238,616
Italy 233,515
Cases: 233,515
Deaths: 33,530
Recovered: 160,092
Active: 39,893
India 207,135
Cases: 207,135
Deaths: 5,829
Recovered: 100,205
Active: 101,101
France 189,220
Cases: 189,220
Deaths: 28,833
Recovered: 68,440
Active: 91,947
Germany 184,021
Cases: 184,021
Deaths: 8,643
Recovered: 166,400
Active: 8,978
Peru 170,039
Cases: 170,039
Deaths: 4,634
Recovered: 68,507
Active: 96,898
Turkey 165,555
Cases: 165,555
Deaths: 4,585
Recovered: 129,921
Active: 31,049
Iran 157,562
Cases: 157,562
Deaths: 7,942
Recovered: 123,077
Active: 26,543
Chile 108,686
Cases: 108,686
Deaths: 1,188
Recovered: 44,946
Active: 62,552
Mexico 93,435
Cases: 93,435
Deaths: 10,167
Recovered: 67,491
Active: 15,777
Canada 92,390
Cases: 92,390
Deaths: 7,395
Recovered: 50,271
Active: 34,724
Saudi Arabia 89,011
Cases: 89,011
Deaths: 549
Recovered: 65,790
Active: 22,672
China 83,022
Cases: 83,022
Deaths: 4,634
Recovered: 78,315
Active: 73
Pakistan 76,398
Cases: 76,398
Deaths: 1,621
Recovered: 27,110
Active: 47,667
Qatar 60,259
Cases: 60,259
Deaths: 43
Recovered: 36,036
Active: 24,180
Belgium 58,615
Cases: 58,615
Deaths: 9,505
Recovered: 15,934
Active: 33,176
Bangladesh 52,445
Cases: 52,445
Deaths: 709
Recovered: 11,120
Active: 40,616
Netherlands 46,647
Cases: 46,647
Deaths: 5,967
Recovered:
Active: 40,680
Belarus 44,255
Cases: 44,255
Deaths: 243
Recovered: 19,195
Active: 24,817
Ecuador 39,994
Cases: 39,994
Deaths: 3,394
Recovered: 19,823
Active: 16,777
Sweden 38,589
Cases: 38,589
Deaths: 4,468
Recovered:
Active: 34,121
Singapore 35,836
Cases: 35,836
Deaths: 24
Recovered: 23,175
Active: 12,637
South Africa 35,812
Cases: 35,812
Deaths: 705
Recovered: 17,291
Active: 17,816
United Arab Emirates 35,788
Cases: 35,788
Deaths: 269
Recovered: 18,726
Active: 16,793
Portugal 32,895
Cases: 32,895
Deaths: 1,436
Recovered: 19,869
Active: 11,590
Switzerland 30,874
Cases: 30,874
Deaths: 1,920
Recovered: 28,500
Active: 454