Browsing Category

Business News

Business News, entreprenuer, stocks, and more

IMF Cuts Global Growth Forecasts by 3%

The International Monetary Fund (IMF) has cut the growth forecast for 2019 to 3 percent according to the latest World Economic Outlook report and lowered the 2020 estimate to 3.4 percent. This is a result of the global economic growth…

Fuel subsidy to gulp N450bn in 2020 – FG

Fuel subsidy will gulp N450 billion in 2020, Finance, Budget and National Planning Minister Zainab Ahmed, said on Monday, as she gave a breakdown of the budget, now under consideration by the National Assembly. Ahmed avoided the lexical…

Why borders will remain shut – FG

The Federal Government on Monday insisted that the it won’t open its borders with neigbouring countries yet. This is an affirmation of the rejection of the calls for reopening by neigbouring countries – especially Benin Republic on the…

NSE Changes Pricing Methodology for Stocks

The rules governing price movements of equity securities traded of the Nigerian Stock Exchange (NSE) have been amended to ensure overall market stability and efficiency and fairness in pricing NSE securities. Recall that on January 29,…