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COVID-19 Vaccine: CBN To Fund Nigerian Researchers, Science Institutions

In a bid to develop appropriate vaccine to tackle the COVID-19 pandemic ravaging the globe, the Central Bank of Nigeria (CBN) has expressed determination to develope...

Russia’s Top Oil Company Cuts Investment Due To OPEC+ Deal

Russia’s largest oil producer, Rosneft, will slash its investments for 2020 by 21 percent from earlier plans, due to the dramatic situation on the...

How Pandemic Leave the Poor Even Farther Behind

By Davide Furceri, Prakash Loungani, and Jonathan D. Ostry The COVID-19 crisis is now widely seen as the greatest economic calamity since the Great Depression. In...

Afreximbank Cancels 2020 Annual Meeting Side Events due to COVID-19

Shareholders to Consider 27th Annual Meeting Resolutions by Correspondence Cairo, 11 May 2020: – Due to the COVID-19 Pandemic, the African Export-Import Bank (Afreximbank) has made the decision...

Sterling Bank Reports N20bn Net Operating Income in Q1 2020 Amidst Increase In Deposit Base, Loans & Advances

Sterling Bank Plc has reported a net operating income of N18.779 billion during its first quarter ended March 31, 2020 compared with N18.565 billion during the...

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NSITF, South Africa’s RMA Sign MOU on Social Insurance, Technical Cooperation

The Nigeria Social Insurance Trust Fund (NSITF) and South...

Transmission Company of Nigeria Restores Alaoji-Owerri 132KV Transmission Lines

The Transmission Company of Nigeria (TCN) says the Alaoji–Owerri...

Nigeria Seeks Partnerships to Build World-Class Steel Industry

Minister of Steel Development, Prince Shuaibu Audu, has called...

Afreximbank Africa Trade Report Shows Africa Can Turn Geopolitical Disruptions into Long-Term Growth Opportunity

The report highlights Africa's continued growth resilience despite significant...
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