US Oil Slips Below $15 Per Barrel   US oil prices fell heavily on Monday and slipped below $15 a barrel on renewed storage concerns as the coronavirus throttles demand, even as producers start slashing output to boost markets. American benchmark West Texas Intermediate dropped 15 percent...

COVID-19: Can Africa Afford Lockdowns? By Chukwuma Charles Soludo   This piece summarizes my contribution to an African debate. From Johannesburg to Lagos, Cairo to Dakar, Kinshasa to Kigali, Nairobi to Accra, etc the debate on how Africa should respond to the global coronavirus (Covid-19) pandemic is...

FRC Issues New Guidelines On Financial Reporting   The Financial Reporting Council of Nigeria has released guidelines on the impact of COVID-19 on financial reporting. The FRC said on its website on Thursday that this was the second set of guidelines to be released by the council...

Nigeria, Others Turn To SWF Savings To Mitigate Oil Price Slump   Nigeria, Norway, Iran and other oil-producing countries have resorted to drawing down on savings in their sovereign wealth funds (SWFs) to help mitigate the impact of the global slump in crude prices largely induced...

COVID-19: Youths Digest Trains Campus Journalists On Factual Reporting, Safety Precautions   Youths Digest, the organiser of annual Campus Journalism Awards & Dialogue, has trained young journalists on factual reporting and safety precautions to be observed while reporting the Coronavirus pandemic. The training which was organised in...

CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday   Barring any last-minute change in plans, the disbursement of the first tranche of the Central Bank of Nigeria N50bn targeted credit facility would begin on Thursday. The fund, which is being managed by the NIRSAL Microfinance Bank, has received...