Oil Price Nears $46, Highest In Five Months   The international oil benchmark, Brent crude, rose on Wednesday to its highest since early March after a large decline in the United States’ crude inventories and supported by a weak dollar. Brent, which plunged to as low as...

Businesses Groan As COVID-19 Impact On Economy Worsens     The Coronavirus (COVID-19) pandemic raises several challenges across different sectors of the economy. No sector from banking, telecoms, manufacturing, e-Commerce among others are exonerated from the uncertainty and rising costs of operations triggered by the pandemic. Therefore,...

Healthcare Fund: CBN Sets N500m Limit For Beneficiaries     The Central Bank of Nigeria has set N500m as the maximum grant that a beneficiary can obtain under the COVID-19 healthcare intervention fund. The CBN disclosed this in the draft of its guidelines on healthcare research and development...

Nigeria Benefits From $1.87m COVID-19 Impact Support     Nigeria is one of 12 countries across Europe, Middle East and Africa (EMEA) receiving a share of a 3M grant totalling $1,875,000, being directed to projects supporting nutrition, mental and physical health, education and COVID-19 awareness, according to...

The New Normal in Business and Economy By Abraham John Onoja     As the COVID19 pandemic continues to ravage the world, leaving citizens of the world a new world order, businesses need to navigate their financial and operational obligations. They are also expected to meet the needs...

Airlines To Lose $2bn To COVID-19 - IATA     The International Air Transport Association has asked African governments to unblock bottlenecks ailing air transport and tourism by providing urgently needed financial relief to bail out affected businesses in the sector. It made this recommendation in a statement...