Hard hit by the drastic fall in oil prices, Chad and Angola have found an unusual way to honour their financial commitments. Chad has committed to deliver 75,000 cattle to Angola over six years to repay a debt of $100 million contracted in 2017. This is equivalent to about $1,300 per cow. ALSO READ: Coronavirus: 4Read More
To ensure continuous production of essential commodities during the lockdown occasioned by Coronavirus pandemic, Manufacturers Association of Nigeria (MAN) has called for pre-Covid-19 foreign exchange (forex) rates for its members, among other enabling incentives.
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THERE are indications that cross border trading amongst Africans in the West African sub-region may be counting their losses by now following the closure of the Benin-Nigeria border over the Coronavirus, COVID-19, pandemic.
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Ado-Ekiti—In view of dwindling economic fortune of the nation arising from the Covid-19 pandemic ravaging the world, Ekiti State Governor, Dr Kayode Fayemi, has restated his administration’s resolve to use the agriculture sector as a platform for the diversification of the state’s economy.
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FIRST Bank of Nigeria on Friday announced the closure of its physical branches in the light of COVID-19 and the resultant lockdown in different states of the federation. The bank made the announcement in a mail to its depositors on Friday entitled: ‘Physical branches closed, virtual
THE new management team at the Nigerian Maritime Administration and Safety Agency, NIMASA, led by Dr. Bashir Jamoa, has been advised to use this period of Coronavirus, COVID-19, pandemic to develop capacity for shipbuilding in the country.
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The bearish run on Nigerian Stock Exchange (NSE) intensified yesterday as the coronavirus (COVID-19) pandemic continued to ravage the economy and market performance culminating in investors losing N114 billion of their investment.
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