Business

FG announces N500bn COVID-19 stimulus package

Federal government has announced a N500 billion COVID-19 Stimulus package. The Minister of Finance Budget and National Planning, Mrs. Zainab Ahmed, disclosed this at a conference in Abuja. She also announced the downward review of the Budget 2020 crude oil benchmark from the original $57 bpl to $30 bpl.  Vanguard Pix: Minister of Finance Budget […]

Business

Prices of food fall globally – FAO Report

The dwindling demand for and subsequent fall in the prices of crude oil due to the global upsurge of the coronavirus pandemic drove down international prices for major food commodities, a recent report by the Food and Agriculture Organisation Food Price Index (FFPI) of the United Nations, has said. The index measures, monitors and tracks […]

Business

Nigerian govt denies deploying 5G network

Amidst a growing global concern on its safety, the Nigerian government on Saturday denied it had approved the deployment of the fifth generation mobile network (5G) in the country. In a statement signed by the Minister of Communication and Digital Economy, Isa Pantami, on Saturday, the federal government said the decision was part of efforts […]