Day: May 25, 2020

Many businesses will be heaving a sigh of relief following President Cyril Ramaphosa’s announcement on Sunday night, that from June 1st, the country will be moving to level three of its lockdown regulations. This means over 8 million people will return to work and industries such as manufacturing, mining, construction, media and government services which…

Oil revenue from Africa’s largest crude oil producer, Nigeria, shed $1.09bn in the first quarter of 2020, the country’s Minister of Finance, Budget and National Planning, Zainab Ahmed has said. The minister explained during a presentation at the National Econiomic Council’s first virtual meeting, which was presided over by Vice President Yemi Osinbajo, that the net…