Updates

Temporary Breach of the FRA Projected

Culled—Proshare July 2, 2020 by FBNQuest Research The 2020 budget approved by the National Assembly on 11 June has a deficit equivalent to US$13.8bn. This includes government-owned enterprises (GOEs) and project-tied loans from multilateral/bilateral partners. New borrowing of US$11.6bn is the main funding source, divided between domestic (US$6.1bn) and external […]

GUINNESS Says Sharp Contraction in Economic Activities, COVID-19 Lockdown to Impact FY2020 Results

July 2, 2020/NSE The Board and Management of Guinness Nigeria PLC wishes to notify the Securities and Exchange Commission, the Nigerian Stock Exchange and the investing public as follows: The adverse impact of the sharp contraction in economic activities and the knock-on effect of the COVID-19 lockdown took a toll […]

Honoris United Universities Welcomes Nile University of Nigeria to its Pan-African Network

Expansion into Nigeria marks a major milestone in Honoris’ mission to provide Education for Impact across the continent July 2, 2020/Honoris United Universities. Honoris United Universities (http://Honoris.net/), Africa’s first and largest pan-African network of private higher education institutions, today announced its expansion into West Africa by welcoming Nile University of […]