Oil prices steady after Navarro’s comments

Oil prices steadied on Tuesday after a volatile session sparked by confusion over the status of the U.S.-China trade deal. Markets were spooked by surprise comments from White House trade adviser, Peter Navarro, saying the hard-won deal was “over”, though assurances from President Donald Trump later that the agreement was fully intact soothed jangled nerves. […]

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Commerce Ministry: Over 72,000 electronic services provided to business sector

RIYADH — The Ministry of Commerce is continuing to provide its electronic services to the business sector in all regions of the Kingdom amid the exceptional circumstances the world is witnessing due to the outbreak of the coronavirus pandemic, Saudi Press Agency (SPA) said on Tuesday. During the period March 23– May 2 this year the […]

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3,256 benefit from CBN N50bn COVID-19 credit facility — NIRSAL MD

By Mustapha Sumaila No fewer than 3,256 individuals and small businesses have so far benefited from the Central Bank of Nigeria’s (CBN) N50 billion Targeted Credit Facility (TCF) to cushion effects of COVID-19. The Managing Director of Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Mr Abubakar Kure, disclosed this at the disbursement of […]

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COVID-19: Shell cuts dividend first time since 1940s

Royal Dutch Shell RDSa cuts its dividend for the first time in 80 years and suspended the next tranche of its share buyback programme following the collapse in global oil demand due to the coronavirus pandemic. Chief Executive Ben van Beurden said this in a statement issued on Thursday in London. “Given the continued deterioration […]

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Lockdown: POS outlets make brisk businesses in Kaduna

By Moses Kolo Operators of Point of Sale Terminal (POS Terminal) in parts of Kaduna have witnessed increased patronage amidst lockdown occasioned by Coronavirus pandemic. The News Agency of Nigeria (NAN) reports that there was appreciable patronage of POS services by customers who cannot access their banks for cash transaction due to the COVID-19 lockdown […]

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World Bank APPEALS to boost ginger farming

The Commissioner of Agriculture in Kaduna State, Hajiya Halima Lawal has said that ginger is one of the three main commodities that the world bank sponsored Agro Processing Productivity Enhancement and Livelihood Improvement Support (APPEALS) is focused on. The commissioner who made this known at a stakeholders’ engagement with ginger farmers at Kachia, also mentioned […]

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AZMAN AIR Finally Receives Its First Airbus In Kano

Muhammad Bashir The Azman Airlines on Thursday celebrated the arrival of its 6th and 410-seat A340-600 double-aisle plane at Malam Aminu Kano International Airport, from the manufacturers in England. The delivery according to the President of Azman Group companies, Alhaji Dr. Abdul-Manaf Yunusa Sarina, followed the company’s decision to develop the strategic partnership with other […]

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Buhari, PM Johnson agree on a common future for Commonwealth

With the expected exit of the United Kingdom from the European Union having taken place, the stage is set for a new trade regime between the UK and its old partners as well as an alignment with new trading partners,Garba Shehu, Senior Special Assistant to the President (Media& Publicity) said in a statement Monday. Shehu […]

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Coronavirus: Chinese stocks plunge as markets reopen

Fears over the coronavirus have triggered a sharp fall in Chinese shares as markets reopened after the Lunar New Year holiday. The Shanghai Composite index fell nearly 9% before recovering slightly, while commodity prices also slumped. Manufacturing, materials, and consumer goods companies are among the hardest hit, as healthcare shares soar. The fall came despite […]

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Airtel launches new number range “0904”

By Funmilola Gboteku Airtel Nigeria on Friday announced that it had added 0904 number series to its numbering range, following the approval of the industry regulator, Nigeria Communications Commission (NCC). Dinesh Balsingh,the Chief Commercial Officer at Airtel, in a statement said the new number series, which brings its growing numbering range scheme to nine, would […]

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