Business news
Poland’s top electoral body gave the speaker of parliament 14 days to set a new date for presidential elections that were to have been held Sunday but were suspended amid debate over how voting could be done during the novel coronavirus pandemic. The election must be held within 60 days of this announcement, or by […]
Sterling Bank Plc, a full service national commercial bank, 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 corresponding period of 2019, representing an increase of 1.2 percent. This was disclosed in the bank’s condensed unaudited group interim financial statement released […]
……reopens head office The Securities and Exchange Commission, SEC has reminded regulated entities in the capital market to continue to make adequate disclosures on the impact of COVID-19 on their businesses This was contained in a circular by the Commission to provide update to stakeholders within the Capital Market, Monday. According to the circular, “While […]
In light of the sharp dwindling in the global economy occasioned by Covid-19 pandemic, the MD/CEO of Heritage Bank Plc, Ifie Sekibo disclosed that with partnership, truth, character and rigorous commitment to businesses, the micro, small and medium enterprises (MSMEs) stand to revamp the nation’s economy for sustainable growth. He also stated that evidences have […]
SUNU Assurances Nigeria and SUNU Health Nigeria, both subsidiaries of the SUNU Group, a foremost Pan-African Insurance Group, on Friday 8th May 2020 donated medical equipment and Personal Protection Equipment (PPE) to the Lagos State Ministry of Health as part of her contribution to the fight against the COVID-19 pandemic. The donated items which include […]
The securities and exchange Commission, SEC has stated that it is leveraging the various opportunities available in the Fintech space to ensure proper regulation of the Capital market in the face of the COVID-19 pandemic. Acting Director General of the SEC, Ms. Mary Uduk said this in an interview in Abuja, weekend. […]
BY NICODEMUS V. DODO Nigeria has come to grips with the human and economic consequences of the COVID-19 pandemic, governments – at both federal and state levels, hurriedly issued varying stay-at-home orders in efforts to contain the spread of the deadly corona virus and national and as federal and state budgets suddenly become unrealistic estimates […]
Rivers State is set to start testing for COVID-19 in Port Harcourt with the receipt of the state’s first set of testing equipment from the Shell Petroleum Development Company (SPDC) among many other medical hardware and consumables presented to the state governor, Chief Nyesom Wike on Wednesday. SPDC’s Managing Director and Country Chair, Shell […]
The Nigerians evacuated from the United Arab Emirates have landed in Lagos. The returnees, who landed on Wednesday evening, landed at the Murtala Muhammed International Airport, Ikeja, a few hours later than scheduled. They were earlier scheduled to return at 3pm, but had to return to Dubai after a woman, gave birth on the aircraft. Geoffrey Onyeama, […]
The Minister of Aviation, Hadi Sirika, has revealed that the worst hit sector since the COVID-19 pandemic outbreak is Aviation. Sirika during COVID-19 presidential task force briefing on Wednesday, said the aviation sector is the most hit, adding that airlines have lost nearly N17 billion monthly since their operations were grounded. “We are in very […]