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Daily Archives: April 6, 2021

IMF extends debt relief to 28 low-income countries

IMF extends debt relief to 28 low-income countries

The executive board of the International Monetary Fund approved a third tranche of grants for debt service relief for 28 member countries under the Catastrophe Containment and Relief Trust. The IMF said in a statement on its website titled, ‘IMF ...

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APC governors’ forum DG says Buni repeating Oshiomhole’s mistakes

APC governors’ forum DG says Buni repeating Oshiomhole’s mistakes

The Director-General of the Progressive Governors’ Forum, Salihu Lukman, has said the Caretaker/Extra-Ordinary Convention Planning Convention Committee of the All Progressives Congress chaired by Governor of Yobe State, Mai Mala Buni, is repeating the mistakes made by the immediate past ...

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Fuel marketing companies suffer N331.54bn revenue drop

Fuel marketing companies suffer N331.54bn revenue drop

Five of the major oil marketing companies in the country saw their total revenue plunge by N331.54bn last year amid the impact of the COVID-19 pandemic. The companies, including Total Nigeria Plc and Conoil Plc, saw their combined revenue for ...

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Barca edge closer to Atletico after late Dembele winner against Valladolid

Barca edge closer to Atletico after late Dembele winner against Valladolid

Ousmane Dembele volleyed in a 90th-minute winner against Real Valladolid on Monday to fire Barcelona to within a point of Atletico Madrid ahead of next weekend’s Clasico in La Liga. Barca looked set for a damaging stalemate at Camp Nou ...

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2,210 workers withdrew N3.18bn from voluntary pension contributions – PenCom

2,210 workers withdrew N3.18bn from voluntary pension contributions – PenCom

A total of 2,210 workers withdrew N3.18bn from their Retirement Savings Accounts with their respective Pension Fund Administrators in six months after making additional voluntary contributions, the National Pension Commission has said. PenCom said this in its quarterly report, ‘Access ...

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Ibom Air will soon start flight to Gambia – Emmanuel

Ibom Air will soon start flight to Gambia – Emmanue

Gov. Udom Emmanuel of Akwa Ibom has said that Ibom Air, the state-owned airline, will extend its flight operations to the Gambia and other West African countries, the News Agency of Nigeria reports. Emmanuel said this when the Gambian High ...

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NGO tackles Chevron over oil spill in Gbaramatu

NGO tackles Chevron over oil spill in Gbaramatu

The Centre for Peace and Environmental Justice on Monday said the failure of Chevron Nigeria Limited to accept responsibility for the Gbaramatu oil spill was to undermine the wellbeing and environment of people living in the affected communities. CEPEJ said ...

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Azman reshuffles management after NCAA audit

Azman reshuffles management after NCAA audit

Azman Air has reshuffled a number of appointments amongst its management cadre following the recently concluded audit of the airline by the Nigerian Civil Aviation Authority. In a letter signed by the Admin and Human Resources Manager, Magaji Misau, on ...

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ECONOMY: PFAs Reduce Positions in T-bills, Target Long-dated Securities, Equities Market in 2020…

ECONOMY: March 2021 Inflation Rate Soars to 18.17% amid Insecurity, Structural Challenges…

CWR, Cowry Weekly Financial Market Review Outlook Thursday, April 1, 2021

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