Business

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Business

Private Sector’s contributions to coalition against COVID-19 relief fund hit 15 billion Naira.

Online Radio - EI April 2, 2020

Financial contributions to the account set up at the Central Bank of Nigeria (CBN) under the auspices of the Private Sector Coalition Against COVID-19 (CACOVID) have grossed N15.325 billion. A statement issued on behalf of the coalition by the Director, Corporate communications, Central Bank of Nigeria, Isaac Okorafor, Wednesday, listed […]

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Asia market lose momentum as analyst warn China’s economy hasn’t recovered.

Online Radio - EI March 31, 2020

US stock futures and Asian markets are losing momentum as analysts point out China’s economy isn’t fully recovered, despite its latest improvement in activities. Dow (INDU) futures lost 60 points, or 0.3%, after rising as much as 0.8% in earlier trading. S&P 500 (SPX) and Nasdaq Composite (COMP) futures lost 0.2% each, also falling out of the green. […]

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UK housing markets may grind to a halt- property analyst predict.

Online Radio - EI March 28, 2020

Property analysts are fearing the housing market could grind to a halt following the Government latest prediction. Housing Secretary Robert Jenrick’s department declared: “Homebuyers and renters should, where possible, delay moving to a new house while measures are in place to fight coronavirus (COVID-19).” The news has already caused some lenders such […]

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IMF forsees global recession.

Online Radio - EI March 25, 2020

Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned of an imminent global recession of that of 2008 magnitude. In a statement to the G20 finance ministers, she said the human costs of the Coronavirus pandemic were already immeasurable, and as such, nations of the world needed […]