Second Recession In Four Years Looms, Says Fed Govt     The Federal Government has said the likelihood of Nigeria sliding into another recession in the Third Quarter of 2020, making it the second time within four years. The government said the COVID-19 pandemic resulting in crash of...

Petrol Imports Tumble 72.65% As COVID-19 Hits Demand     Amid the general gloom that the economy has suffered as a result of coronavirus pandemic, the volume of petrol imported into the country in May plummeted by 72.65 per cent, the latest data obtained from the Nigerian...

NAHCON: Managing Hajj Affairs Despite Covid-19 By Fatima Sanda Usara   2020 will be remembered in history as the year covid-19 upturned global economic, social and customary routines. Though certain modes of religious worship were also affected by the corona pandemic, timing of religious events auspiciously remained...

Business Activity Rises First Time In 4 Months     Nigerian private sector returned to expansion in July, after three successive months of decline, following an uptick in new orders and easing of the coronavirus (COVID-19) induced lockdown. This is contained in the Stanbic IBTC Bank’s Purchasing Managers...

COVID-19: World Bank Approves $114.28m For Nigeria     The World Bank board of directors has approved $114.28m financing to help Nigeria prevent, detect and respond to the threat posed by COVID-19 with a specific focus on state level responses. The bank said this in a statement titled...

International Flights To Resume In Weeks – Fed Govt     The Federal Government on Thursday said the airports would be reopened to international flights in weeks and not in months. When international flights eventually resume, passengers are expected to arrive the airport three hours before their flights. The...