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…experts score President low amid coronavirus crisis

Following the unveiling of what appeared to be his exit strategy a few days ago, financial experts in the country have called on President Muhammadu Buhari to step up efforts aimed at boosting the economy. In separate chats with Saturday Telegraph, the experts said the coronavirus crisis has cast a shadow over the President’s performance, […]

Business

S&P Global: Coronavirus to cost banks $2.1trn

Global banks face combined loan losses of $2.1 trillion by the end of 2021 as a result of the coronavirus crisis, credit ratings agency, Standard and Poor’s (S&P) Global estimates, with a hit of $1.3 trillion this year more than doubling the 2019 level. Around 60 per cent of the losses are likely to be […]

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