presidency explain why Nigeria still sells electricity to Togo,Niger, Benin amid persistent blackout

The Presidency has explained why despite the fact that power generated in Nigeria is insufficient, the country still distributes electricity to Togo, Niger and Benin. The Presidency said the distribution of electricity to the neighboring countries was due to Multilateral Energy Sales Agreement with their governments so that they wouldContinue Reading

Nwaosu E.B (PRO)

The  publication of evergreen  newspaper and online media use this opportunity to call the attention of the public to disregard any fake information against the institution of federal Polytechninc Nekede owerri Imo State of job employment. And also in collaboration with the Rector, the Public Relation Officer (PRO) and theContinue Reading

Nigeria's economic growth will contracts further in 2020 says (IMF)

The International Monetary Fund (IMF) on Wednesday said the Nigerian economy will contract by 5.4 per cent in 2020. The Chief Economist and Director of the Research Department at the organisation, Gita Gopinath, announced the projection during an online press conference on the latest World Economic Outlook (WEO) Wednesday. The new projection,Continue Reading

school children

THE Nigerian Bar Association, Ibadan Branch, has advised Governor Seyi Makinde of Oyo State to rescind his directive on the resumption of pupils and students in Primary 6, Junior Secondary School Class 3 and Senior Secondary School Class 3 for academic activities on Monday, 29 June 2020. The association throughContinue Reading


In an interview session with Rev. Dr Micheal Arimanwa Rector of federal polytechnic nekede owerri Imo state on thursday 11th, June 2020 has announced the manufacturing of automated and semi-automated hand sanitizer due to the pandemic. he said: I studied engineering; my field is civil and structural engineering. My visionContinue Reading


Former governor of Imo state, Senator Rochas Okorocha has challenged the Economic Financial Crimes Commission, EFCC, to publish details of the bank accounts where it recovered from him (Okorocha) N7.9 billion. Okorocha who is representing Imo West senatorial district, in a statement in Owerri, through his Special Adviser on Media,Continue Reading


Fellow Nigerians,    The 2020 celebration of Democracy Day marks 21 years of uninterrupted civil administration in our dear country. This day provides us an opportunity to reflect on our journey as a nation, our achievements and struggles.    It is a day to honour our founding fathers who toiledContinue Reading

orji uzo kalu

Former Governor of Abia State and Chief Whip of the Senate, Senator Orji Uzor Kalu has returned to the Senate after spending six months in jail on allegations of corruption. Senator Orji arrived at the National Assembly on Tuesday and is attending plenary. Speaking to journalists before entering the SenateContinue Reading


Speaker of the House of Representatives, Femi Gbajabiamila, insisted yesterday that estimated bills imposed on electricity consumers in the country by distribution companies remained unacceptable. He also inaugurated the House ad-hoc Committee on Power Sector Reforms, and charged it with the responsibility of undertaking a holistic review of the powerContinue Reading


Vice President Yemi Osinbajo has inaugurated the multi-million naira international yam market in Zaki-Biam, Ukum Council, Benue State, promising that the Federal government will provide roads and street lights in the market. Prof. Osinbajo, who performed the virtual commissioning from Abuja, said that Zaki Biam market accounted for over 70Continue Reading


The Federal Government has declared Friday, June 12 as public holiday to mark this year’s Democracy Day celebration. The Minister of Interior, Rauf Aregbesola, made the announcement on Monday via a statement issued by the Permanent Secretary in the Ministry of Interior, Georgina Ehuriah. While congratulating Nigerians at home andContinue Reading


  Imo State House of Assembly Speaker, Mr Chiji Collins, has revealed in a statement on Thursday, May 21 that it was necessary for the house to make a huge sacrifice of approving the bill which will stop former speakers and ex-governors from receiving pensions and other entitlement for the benefit andContinue Reading


  The Association of Telecommunications Companies of Nigeria (ATCON), on Thursday commended Governors and Houses of Assemby of Imo and Ekiti states for the implementation of the approved Right-of-Way (ROW) price. Ajibola Olude, Secretary of the Association, gave the commendation in a statement in Lagos. He hailed the orders issuedContinue Reading

alwa ibom

  Akwa Ibom State Governor Udom Emmanuel has directed a 20% reduction in the salaries of all political office holders in the state. According to a statement signed on Tuesday by the Secretary to the State government, Emmanuel Ekuwem, the decision is due to the prevailing economic realities of dwindlingContinue Reading


Governor Uzodinma, through his media aide Oguwike Nwachuku, has denied paying herdsmen N8m for alleged missing cows – The Imo state governor described the allegations as fake news sponsored by the opposition PDP – Uzodinma urged the people of Imo state and members of the public generally to be waryContinue Reading


Governor Hope Uzodimma has claimed to be the reincarnate of the former governor of the state, Samuel Mbakwe – The Imo state governor noted that both he and the late Mbakwe share a lot in common – According to Uzodinma, the prayers of Imo state people was answered following hisContinue Reading


  Updated May 12, 2020   Some members of the House of Representatives during plenary on April 28, 2020. Photo: Twitter- @HouseNGR Members of the House of Representatives have called on the Federal Government to intervene and immediately halt the repatriation of the Almajiri children to their states of origin.Continue Reading


    The Abia State government has ordered the arrest and prosecution of residents who go out of their houses without wearing face masks. It also said it would dethrone traditional rulers and village heads of boundary communities in the state who grant entry to vehicles and persons from neighbouringContinue Reading


  The Imo state governor, Hope Uzodinma, Monday revealed the plan of his government to arraign in court those behind the payroll fraud discovered in Imo civil service. Uzodinma disclosed this at the Government House in Owerri, while swearing into office, the acting President of the state Customary Court ofContinue Reading


Denies Impounding Vehicles Conveying Beverages In an effort to stop the spread of COVID-19 in Imo State, Governor Hope Uzodimma has directed the release 36 inmates in various Correctional Service centres in the state. The governor has also directed the state’s acting Chief Judge, Ijeoma Agugua, to commence accelerated trials andContinue Reading


  Governor Hope Uzodimma of Imo State has appointed Justice Matthew Njoku as the Acting President of the Customary Court of Appeal of Imo State. The appointment is with immediate effect. Uzodimma, in a letter he personally signed on Thursday, April 30, 2020, communicated the appointment to Justice Njoku. UzodimmaContinue Reading


 Minister of the Federal Capital Territory, Mr Muhammad Bello has asked wealthy individuals and philanthropists to assist the FCT with palliatives in order to ease the suffering of the masses. Bello made this appeal in Abuja while receiving a donation of food items and other personal protective equipment from theContinue Reading


  Minister of State in the Federal Capital Territory (FCT), Abuja, Dr Ramatu Tijjani Aliyu, has assured residents particularly the target demography for its Palliatives, that the items would get to them as they cannot be diverted to anyone. The minister who had last week placed a curse on anyoneContinue Reading


The Director-General of the Nigeria Centre for Disease Control (NCDC), Mr Chikwe Ihekweazu, has explained why the agency is not doing door to door testing for the COVID-19. According to him, door-to-door testing is currently not a realistic strategy for the over 200 million Nigerians in the country. The strategy,Continue Reading


  The Senator representing Imo West senatorial district, Rochas Okorocha, yesterday, handed over thousands of food items as palliatives to twelve local government areas in his senatorial district. Okorocha through his Special Adviser on Media, Sam Onwuemeodo, said that the palliatives were only for the vulnerables in Imo West senatorialContinue Reading


  Nigerian soldiers reportedly clashed with some angry mobs in Mgbala Agwa community in Oguta Local Government Area of Imo state following a breach of an agreement by oil companies operating in the community. According to the report, the chaos started after some oil companies operating in the Mgbala community refused toContinue Reading


  Imo State Peoples Democratic Party, PDP, has accused Governor Hope Uzodinma of looking for the legitimacy that has eluded him since he stole the mandate given the party and has been spreading falsehood against his predecessor, Emeka Ihedioha, and the seven-month administration that many still remember with some nostalgia.Continue Reading


  His Excellency, Governor Hope Uzodimma of Imo State has appointed Mr. Dan Okoro, a retired Commissioner of Police (CP) as his special adviser on security. A statement by the Chief Press Secretary/Media Adviser to the Governor, Mr. Oguwike Nwachuku, said Okoro comes into the job with a huge experienceContinue Reading


Members of the Owerri žone of the Academic Staff Union of Universities (ASUU), has donated cartons of alcohol-based hand sanitisers to the Imo State government for onward transmission to the communities in the state to fight and prevent the transmission of the novel Coronavirus (COVID- 19) pandemic in the state.Continue Reading


The Federal Government is set to expand the social register for palliative distribution by employing digital models including the use of Bank Verification Number (BVN). The Minister of Humanitarian Affairs and Disaster Management, Sadiya Farouq disclosed this on Tuesday in Abuja, while responding to questions at Presidential Task Force briefingContinue Reading

osagie Ehanire

on Friday, Nigeria’s health minister, Osagie Ehanire, joined other members of the Presidential Task Force on COVID-19 to provide updates on steps the country is taking to combat the pandemic. Below are the six most important things he said: 1. Number of cases will continue to increase Nigeria is nowhereContinue Reading


By  ogadimma sussan,in owerri ,IMO STATE. Governor Hope Uzodinma of Imo State  has given a herculean task to  Chuck Chukuemeka, the new commissioner of finance, to  bring  out  all that is in his arsenal  and work towards a sharp spike in the state’s internally generated revenue (IGR). The work is seenContinue Reading


  Imo State government, on Wednesday, said it has saved N300 million pensioners funds by sacking the consultant contracted by the short-lived administration of Chief Emeka Ihedioha. The state Commissioner for Information and Strategy, Declan Emelumba, made this known in Owerri, adding that government was able to save the amountContinue Reading

imo state university

Imo state government denies plans to rename university after Abba Kyari 12 hours ago 2918 views by  Oluwatobi Bolashodun – Plans to rename the Imo State University after late Abba Kyari have been dismissed by the Imo state government – Oguwike Nwachuku, the chief press secretary to the governor, describedContinue Reading


Imo state governor his exellency Hope Uche Uzodinma has made a step of choosing some politcal calibas that will work together with him. This are some  ways of repaying the people of the state for the confidence and trust they have to reposed on him since he assumed office. GovernorContinue Reading


Thirty-eight new cases of #COVID19 have been recorded;  says the Nigeria Centre for Disease Control (NCDC). The NCDC Has announced that its number of coronavirus pandemic in the country recorded  newly has increased to thirty-eight. According to evergreen newsonline, this was confirmed by The Nigeria Disease Country  (NCDC ). The Chairman ofContinue Reading

sanwo olu

Lagos State Governor Babajide Sanwo-Olu has vowed to prosecute victims of COVID-19 who lied to health professionals about their travel history. The governor disclosed this during a press briefing on Monday. Sanwo-Olu revealed that the state executive council has resolved to prosecute people found guilty of this, adding that fourContinue Reading

Ben ayade

The Cross River State Government on Monday began the monthly payment of 30,000 stipends to beneficiaries of the Youth Employment and Social Support Operation (YESSO) as a way to cushion effect of COVID-19 lockdown on poor residents. The disbursement is in collaboration with the World Bank. Commissioner for International DevelopmentContinue Reading

NCDC boss

  The Nigeria Centre for Disease Control on Monday said it has tested 8,003 samples for COVID-19 in the country. The information was contained in the NCDC’s COVID-19 situation report dated April 19, 2020. The report noted that 9,233 have been identified as ‘People of Interest’ with about 98 perContinue Reading

. Nicholas st

One of the largest private hospitals in Lagos, St. Nicholas, has shut down its Lagos Island branch. In a statement signed by its clinical director, Ebun Bamgboye, the hospital said the decision was as a result of exposure to COVID-19. The hospital also said it has contacted the Nigeria CentreContinue Reading


Troops of the Nigerian Army’s Operation Lafiya Dole have again overpowered the Boko Haram/ISWAP terrorists who were attempting to attack Geidam in Yobe State on Monday afternoon. This development is coming less than 48 hours after the troops dealt another deadly blow to the terrorists killing over 100 of themContinue Reading


Airports in Nigeria will not be reopened on April 23rd as earlier scheduled. Instead, they will remain shut for two more weeks, a statement from the Ministry of Aviation said on Monday. “As a result of the extension on lockdown by Mr President, it is no longer possible for usContinue Reading


Tragedy was averted in Aba, Asia state when a commercial bus plunged into a large si hole after been rain caused unexpected damaged and heavy gridlock on the road on Sunday night. Luckily,Trade driver, Victor Daniel who was the only occupant of the bus when the incident occurred at theContinue Reading


  Governor Hope Uzodinma of Imo State has appointed former Nigeria International and retired Director-General of the defunct National Sports Commission (NSC), Dr Patrick Ekeji, as his Deputy Chief of Staff. Ekeji’s latest appointment was coming barely a month after he successfully carried out a previous assignment given to himContinue Reading


River state has released twenty-two workers of ExxonMobil arrested for violating Governor Nyesom Wike’s border closure order – Zaccheus Adangor, Rivers state commissioner of justice, said the ExxonMobil staff were released without charge following the intervention of well-meaning Nigerians – Adangor stressed that Rivers will do everything to prevent theContinue Reading

Theodore orji

Formal governor of abia state and Representative of Abia Central Senatorial District, Theodore Orji has declared that he will quit politics after serving his present tenure in 2023, insisting that he reached the decision to grow democracy and give space for the younger generations. Orji, who was immediate past governorContinue Reading

Michael Che of ‘SNL’ Will Pay One Month’s Rent for All 160 Apartments in His Late Grandmother’s Public Housing Building

Kevin Winter/Getty Images “Saturday Night Live” star Michael Che lost his grandmother to the novel coronavirus last week. And he’s honouring her memory by covering one month’s rent for her old neighbours in a New York City public housing building. The “Weekend Update” host revealed in a now-deleted Instagram post lastContinue Reading

A Big Contrarian Investor Sells Apple, Intel, and Disney Stock. Here’s What It Bought.

 A contrarian investment manager recently made some big changes in its U.S.-traded investments as the markets were roiled by the coronavirus pandemic. Montreal-based Hexavest slashed holdings in Apple (ticker: AAPL), Intel (INTC), and Walt Disney (DIS). It also initiated a position in Oracle (ORCL). Hexavest disclosed the trades, among others, in a form it filed with the Securities and ExchangeContinue Reading

It’s damage assessment time for 401(k) investors

0 It’s damage assessment time for 401(k) investors Correction & clarification: An earlier version of this story misstated the first name of financial adviser Paul Waller. Retirement savers should brace for grim news when they review their first-quarter statements. The first bear market since 2009 shaved 20% off the StandardContinue Reading

Retirement expert: The ‘4% rule is no longer a safe withdrawal rate’

Given the recent stock market losses and rising fears of recession, retirees shouldn’t bet on the traditional 4% withdrawal rule for their retirement savings, experts warn. The rule refers to the percentage amount that financial advisers recommend retirees should withdraw from their portfolio on an annual basis. “The 4% ruleContinue Reading

0 Natural Gas Price Fundamental Daily Forecast – With Oil Prices Down, Production Cuts May Be Coming Natural gas prices are surging on Friday shortly after the regular session opening and Thursday’s dramatic technical reversal as traders shrugged off yesterday’s bearish government storage report, choosing instead to focus on the rapid pace of falling production. Falling spot prices and the emergence of milder weather patterns may be limiting gains. At 13:01 GMT, June natural gas futures are trading $1.895, up $0.050 or +2.71%. According to Natural Gas Intelligence (NGI), with the relaxing of coronavirus-related shutdowns and stay-at-home orders not yet know, the supply side of the equation is starting to come into focus. Tudor, Pickering, Holt & Co. (TPH) analysts said the last two days of flow data showed total U.S. gas production down around 1.5 Bcf/d, “which could indicate the first signs of a break in U.S. gas supply.” U.S. Energy Information Administration Weekly Storage Report The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas rose by 73 billion cubic feet for the week-ended April 10. That was generally in line with average expectations for an increase of 71 billion cubic feet, according to a survey of analysts. Total stocks now stand at 2.097 trillion cubic feet, up 876 billion cubic feet from a year ago, and 370 billion cubic feet above the five-year average, the government said. NGI said a Bloomberg survey showed projections ranging from 42 Bcf to 78 Bcf, with a median build of 67 Bcf. A Dow Jones poll showed estimates as low as 39 Bcf and produced an average 58 Bcf injection. NGI’s model pegged the build at 57 Bcf. Last year, the EIA recorded a 73 Bcf build for the similar week, and the five-year average is a build of 27 Bcf. Short-Term Weather Outlook According to NatGasWeather for April 17 – April 23, “Cool shots will continue across the central and northern US into early next week with chilly lows of 20s and 30s. Texas and the South will warm back into the 70s and 80s into the foreseeable future, locally a touch hot into the 90s. The West will be mostly comfortable with highs of 50s to 80s for light demand. Warmer than normal conditions will build across all but the northeastern US mid-next week with national demand easing to lighter levels.” Short-Term Outlook Oil prices are down again with nearby futures under $18. This suggests further loss in US oil rigs for this afternoons Baker-Hughes rigs report. It will be watched very closely as it already has dropped a huge amount of oil rigs the past 3-4 weeks, declining more than 30%. This means less associated gas production. However, traders are asking themselves, when is this going to happen? It still hasn’t shown up in the data, given the two straight solidly bearish EIA storage reports. Today’s bullish price action suggests traders are already starting to price in the production cuts.

Natural gas prices are surging on Friday shortly after the regular session opening and Thursday’s dramatic technical reversal as traders shrugged off yesterday’s bearish government storage report, choosing instead to focus on the rapid pace of falling production. Falling spot prices and the emergence of milder weather patterns may beContinue Reading

Isolation is never easy — but in some places it’s easier than others. Only eight U.S. cities have median lot sizes with over 10,000 square feet, according to a new study by listing site Point2 Homes, a subsidiary of Yardi Systems, a Santa Barbara-based investment and property management software. “The most interesting thing is that during this pandemic, smaller cities are more livable than the big cities. This is only happening right now during the pandemic, when everybody has to stay indoors — or in their backyard if they’re lucky,” said Monica Alistar, a spokesperson for Point2 Homes. The study used median square footage from residential property data on the and platforms. Best and worse cities during isolation by lot size. By Point2 Homes. View photos Best and worse cities during isolation by lot size. By Point2 Homes. More Raleigh, N.C. has the largest median lot size of U.S. cities at 15,682 square feet, according to the study. Virginia Beach, Atlanta, Kansas City, Wichita, Tulsa and Jacksonville all claimed lots over 10,000 square feet. In general, populations in these cities were significantly lower than populations in small-lot cities, but some big cities like Atlanta (12,700 square feet) and Austin (median 9,975 square feet) also ranked No. 3 and No. 9, respectively, for largest lot sizes. Americans without a yard or a terrace for fresh air still might be better off if they have more space to move around inside, said Alistar, so the study also calculated indoor square footage. “We wanted to look at both lot size and living space inside because that is the next best thing. Of course, it would be great to have a backyard or a terrace — that would be amazing. But these cities do not have that,” said the study’s author, Andra Hopulele, a senior real estate writer at Point2 Homes. Best and worse cities during isolation by living area. By Point2 Homes. View photos Best and worse cities during isolation by living area. By Point2 Homes. More Colorado Springs had the biggest median interior living area, at 2,930 square feet — compared to the smallest living space in Boston, with a median 1,127 square feet indoors. “If you look at the median living area, you see that the median in Colorado Springs is double that in Boston — more than double. So it's really disproportionate. There are big differences between the first on the list and the last one. I was surprised by that honestly,” said Alistar. On the East Coast, Raleigh and Charlotte, N.C. had the largest living areas, with 2,451 and 2,128 square feet, respectively. Indianapolis had the most indoor space in the Midwest, with 2,704 square feet. Cramped urban spaces New Yorkers are most likely to be cooped up during the pandemic — Brooklyn had the smallest median lot size, at 2,250 square feet. In fact, the study included four New York City boroughs on the list, including Brooklyn, the Bronx, Queens and Staten Island. Manhattan was not included in the study because lot sizes were not available. Other Northeastern cities with the smallest lots included Philadelphia and Washington D.C. Chicago was the smallest in the Midwest at 3,781 square feet, while San Francisco clocked in as the smallest lots in the West Coast, with 2,840 square feet per lot, and New Orleans had the smallest lots in the South, at just over 5,000 square feet per lot. “The properties that have the smallest outdoor spaces are located in sought-after urban hubs, but obviously, people there do not get to enjoy gardens or backyards, as people in smaller cities do,” said Alistar. “The big city is good for business and lifestyle, but during these times of lockdown, people in these cities might be less happy.” Indoors, small living areas are clustered in the Northeast: Philadelphia, Baltimore, Washington D.C. and Staten Island. Detroit and Columbus, Ohio had the smallest spaces in the Midwest. Miami had the smallest living area in the South, with a median 1,487-square-foot living space, and on the West Coast, San Francisco and San Diego both had median indoor space under 1,500 square feet. “Right now, it would obviously be better to have a four bedroom, rather than, say, a studio. Especially if you have a family, the size of your home may force you to work in the same room with the children, who might be homeschooling. It isn’t ideal,” said Hopulele.

Isolation is never easy — but in some places, it’s easier than others. Only eight U.S. cities have median lot sizes with over 10,000 square feet, according to a new study by listing site Point2 Homes, a subsidiary of Yardi Systems, a Santa Barbara-based investment and property management software. “The most interestingContinue Reading

How coronavirus lockdowns have turned baking into ‘the new baseball’

Move over, baseball, there’s a new game in town. As the dangers of the coronavirus pandemic keep U.S. sports and entertainment venues shuttered and millions of Americans at home, baking is having its moment. “Baking is the new baseball,” King Arthur Flour co-CEO Karen Colberg told Yahoo Finance. ”It’s become a national pastime.”Continue Reading

corona virus

The Federal Ministry of Health has not accredited any private hospital to treat COVID-19 patients. Health Minister, Osagie Ehanire, disclosed this on Friday during the briefing by Presidential Task Force (PTF) on COVID-19 in Abuja. The Minister noted that although some private hospitals have shown interest to treat the virus,Continue Reading


  Nigeria’s Private Sector Coalition Against COVID-19 has put the total donations into its fund at N25,893,699,791.00. In a statement for the coalition on Friday, Central Bank of Nigeria spokesman, Isaac Okorafor, said the coalition “conveys its gratitude to all the institutions and individuals that have generously donated to thisContinue Reading


  The Minister of Finance, Budget and National Development Zainab Ahmed, explained on Thursday why Nigeria was not among 25 countries recently granted debt relief by the International Monetary Fund (IMF). Quoting the IMF, she said the relief was for the “poorest and most vulnerable”IMF members. And “since Nigeria is not indebtedContinue Reading

Ali Mohammed

  The Minister of Information and Culture, Alhaji Lai Mohammed, has dismissed as false, reports suggesting that one of the Chinese doctors that recently arrived in Nigeria, had tested positive for the COVID-19. Mr Mohammed, who is also a member of the Presidential Task Force (PTF), stated this on Wednesday,Continue Reading


 Chikwe Ihekweazu believes every state in Nigeria will have its share of the coronavirus (COVID-19) pandemic. The Nigeria Centre for Disease Control (NCDC) Director-General stated this during his appearance on Channels Television’s breakfast programme, Sunrise Daily. He stressed that the Nigerian government was making efforts to curb the further spread of the disease,Continue Reading

        Channels Television   The delegation presented food items and cash to the parents. A delegation of commissioners and a lawmaker, sent by the Borno State Governor, Professor Babagana Umara Zulum, on Tuesday, visited parents of the Chibok schoolgirls who were abducted by Boko Haram exactly six yearsContinue Reading

The Chairperson of the African Union, President of the Republic of South Africa His Excellency Cyril Ramaphosa has appointed Dr Ngozi Okonjo-Iweala, Dr Donald Kaberuka, Mr Tidjane Thiam and Mr Trevor Manuel as Special Envoys of the African Union to mobilise international support for Africa’s efforts to address the economicContinue Reading


Access bank plc has introduced a Dual Transaction Service(DTS), an enhanced debit card service that provides access to credit at the same time. The Dual Transaction Service (DTS) is a bundled service designed to allow pre-approved customers to access a credit line through their existing debit card. Executive Director, RetailContinue Reading


President Donald Trump has grown more and more irate as his attempts to contain the political fallout of coronavirus — much less the health crisis itself — continue to fall short, people close to him said. Trump watched angrily from the West Wing Thursday as stock markets tumbled to their worst percentage loss since the 1987 BlackContinue Reading


Barcelona has announced its players and staff will take temporary wage cuts as the club grapples with the economic impact of the coronavirus pandemic. La Liga has been suspended indefinitely, with officials saying on Monday that it would only resume when the government confirmed it was safe to do so. Spain has becomeContinue Reading

Trump and Congressmen

The White House and Senate leaders of both parties announced agreement early Wednesday on unprecedented emergency legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The urgently needed pandemic response measure is the largest economic rescue measure in history and isContinue Reading

World Jet Fuel

Global jet demand is likely to see a dramatic drop possibly by up to 70% especially in the second quarter of 2020 as an increasing number of countries apply travel quotas to prevent the spread of the novel coronavirus (COVID-19), experts foresee. Cuneyt Kazokoglu, director of Oil Demand at London-basedContinue Reading

Coal now world’s most expensive fossil fuel

Coal, the dirtiest and ordinarily the least expensive alternative for vitality is presently the world’s most costly petroleum derivative. Oil’s epic breakdown over the previous month implies the worldwide rough benchmark is currently valued underneath the most broadly exchanged coal contract on a vitality equal premise, as indicated by BloombergContinue Reading

What investors couldn’t know is that over the next 30 days, the coronavirus would burst out of quarantine in China, with major outbreaks in South Korea and Italy, then Spain, France, Germany, the United Kingdom and the United States. It brought business to a sudden stop, sent stock markets into aContinue Reading


Abbott Laboratories (ABT) is one of the biggest medical companies behind Johnson & Johnson (JNJ) and Roche (RHHBY) in terms of market cap. But ABT stock tumbled 11% in the first two months of 2020 as coronavirus worries socked the stock market. The health company is a leader in medical devices. It makes a body-worn glucoseContinue Reading

3 Questions to Ask Before Building Your Real Estate Portfolio

Over the past 20 years, US real estate has outperformed both stocks and bonds.[1] While we see several reasons for that trend to continue going forward, we also believe it is important for investors to develop an appropriate framework for their real estate (and overall) portfolio return expectations. We speak dailyContinue Reading

Taxpayers who use their dwelling for enterprise are allowed to assert the house workplace deduction on their federal taxes so long as they meet sure eligibility necessities. The 2010 United States Census discovered 13.four million Individuals laboured no less than someday every week at dwelling. However, in the present day, the coronavirus has individualsContinue Reading


CLIMATE change is for real. The changes in world temperature and weather patterns seen today are brought on by human exercise. They’re taking place much faster than the natural climate variations of the previous. World over, industries have began recognizing this and are making the change in the direction of sustainableContinue Reading


Cinemas, night clubs, eating places, cafes and lots of different businesses that involve large gathering have been banned from working in Ogun State, as the government declares stricter measures after the new confirmed cases of coronavirus in Nigeria. The state government took the decision after fresh cases of coronavirus had been recorded in LagosContinue Reading


With the assurances of the presidency and the developer to hold all of the stakeholders alongside, Telephones and Allied Sellers Merchandise Affiliation (PAPDA), mentioned they’re able to assist the Lagos State Authorities (LASG) within the relocation means of Pc Village from Ikeja to Katanga. PAPDA President, Ifeanyi Akubue, who acknowledgedContinue Reading


KEY POINTS The precious metal hit a low of $1,456.8, its lowest level since Nov 27, and traded under its 200-day shifting common level of $1,497.four for the first time since Dec 20, 2018 on an intraday basis. Gold sometimes performs properly throughout market sell-offs owing to its traditional functionContinue Reading


Coronavirus and its effect on business sectors will become the overwhelming focus again on Tuesday. Stocks were looking unpleasant so far as the continuous pandemic, officially known as COVID-19, kept on unleashing ruin on worldwide markets. Monday, the Dow (^DJI) failed 2,997 focuses for its most exceedingly terrible ever point misfortuneContinue Reading


Small companies will profit from greater than £200m to assist them throughout the coronavirus outbreak, the Welsh Authorities has mentioned. Shops, leisure and hospitality companies will see their charges minimize, and in some circumstances eliminated, whereas a separate grant scheme might be obtainable for many who should not eligible. WalesContinue Reading


New York (CNN Business) International stock markets plunged Monday as investors have been unnerved by drastic action from the US Federal Reserve to cushion the blow from coronavirus and as data showed the outbreak has triggered an unprecedented financial collapse in China. Markets have been battered across Asia, with Australia’sContinue Reading


The Lagos State Authorities, by means of the Vehicle Inspection Service (VIS), lately organised a stakeholder’s assembly to sensitise articulated vehicles and different heavy-duty vehicle owners on the necessity to make sure that their automobiles are in good situation earlier than placing them on roads The contributors resolved to provideContinue Reading


Markets are in for an additional rollercoaster week, as policymakers proceed to ramp up their responses to the worldwide coronavirus outbreak. As of 8:05 p.m. ET, S&P 500 futures (ES=F) had been down 128.5 factors or 4.8%; Dow futures (YM=F) had been down 1,041 factors or 4.6%, and Nasdaq futuresContinue Reading


Resort, cafe and eating chains will fail and jobs will go if the government doesn’t do more to assist the industry, a trade group has warned the chancellor. In a letter to Rishi Sunak, lobby group UK Hospitality mentioned coronavirus was an “existential threat” to the sector. It needs toContinue Reading


Microsoft co-founder and billionaire philanthropist Bill Gates have quit his role as the member of the company’s board of directors. Reports say that the 64-year-old left the board of directors to spend more time in his philanthropic endeavours. “It’s been a tremendous honour and privilege to have worked with andContinue Reading


The Acting Director-General of the Securities and Exchange Commission (SEC), Mary Uduk, says the worldwide decline in oil costs and the outbreak of coronavirus will have an effect on the country’s capital market. Ms Uduk instructed the News Agency of Nigeria (NAN) on the side-line of a news conference inContinue Reading


The National Insurance Commission (NAICOM), has stated it’s dedicated to making sure sufficient safety of policyholders as a part of its core mandate. According to the Appearing Commissioner of Insurance coverage, Sunday Thomas, this effort has been taken in lots of fronts corresponding to guaranteeing that real claims are promptlyContinue Reading

…CBN to fund local drugs production, specialist hospitals …It’s wake-up call to life without oil — Finance Minister …To drastically reduce budget …How outbreak’s delaying completion of Lagos-Ibadan rail project — Amaechi As top Federal Government officials battle to find ways to minimise the impact of the oil price crashContinue Reading


The 25 local government chairmen within the Niger State has departed for Accra, the Ghanaian capital, for what the press secretary to the governor, Mrs Mary Noel Berje, stated is to allow them to understudy waste administration by Accra-based personal firm Jospang Waste Recycling Company. Though the chairmen, who’re barelyContinue Reading


A business convention specializing in coronavirus has reportedly been cancelled to keep away from spreading the virus. The Council on Foreign Relations (CFR) cancelled a roundtable convention which was meant to happen on Friday, alongside different conferences scheduled between 11 March and three April across the US, reports stated. BasedContinue Reading

Ladies Lead the Approach for NASA’s House Launch System Rocket Program The 4 ladies in control of the trouble to construct and take a look at the 212-foot-tall rocket stage that can allow NASA’s first Artemis mission to the Moon watch as the primary accomplished core stage for NASA’s House Launch System Program rollsContinue Reading


Niger State Governor and Chairman, North Central Governors’ Forum, Abubakar Sani Bello, has mentioned that there’s a pressing want for the diversification of the Nigerian financial system on account of the volatility within the international value of crude oil. The governor mentioned the fixed fluctuation of crude oil costs onContinue Reading

Markets Wrap: U.S. Futures Drop With Dollar; Treasuries Rise 

(Bloomberg) — Wednesday introduced one other day of reversals in lots of main markets, with U.S. inventory futures dropping, the greenback weakening and Treasury yields falling after surging a day earlier. Contracts on the S&P 500 Index fell greater than 1.5% after the U.S. administration failed to supply particulars onContinue Reading


 Access Bank plc has launched TraderLite, an account that enables micro-businesses, with a turnover of between N50, 000 – N1 million operate their businesses with their individual name or registered business name. Speaking at the launch of the new product, Victor Etuokwu, Executive Director, Retail Banking, Access Bank plc, toldContinue Reading

Networking Business

Networking business is the process of establishing a mutually beneficial relationship with other business people and to be clients/customers. The primary purpose of the networking business is to tell others about your business and hopefully turn them into customers. Networking business id something can help you reach more clients, knowledgeContinue Reading

Gombe government to spend N4 billion on Mega Motor Park, Tankers Bay, other projects

Gombe State Governor Muhammadu Inuwa Yahaya has portrayed the over N7 billion spent on Gombe Mega Motor Park, Tankers Parking Bay and International Conference Center (ICC) by the Dankwambo organization as waste and removal of needs. According to the governor, progressively troubling is the over N4 billion required for theContinue Reading

Oil Price

Nigeria’s economy appears headed for the rocks with oil prices in continued free fall, trading at $35.96 per barrel yesterday. Brent Crude which is Nigeria’s oil grade equivalent in the international spot market has continued to tumble since last week following Coronavirus pandemic which has slowed demand for oil, especially fromContinue Reading

Published: March 9, 2020 at 5:15 p.m. ET By Ibekwe Cynthia Equities on cusp of bear territory as investors mark bull market’s 11th birthday APA/AFP via Getty Images Email icon Facebook icon Twitter icon Linkedin icon Flipboard icon Print icon Resize icon Referenced Symbols SPX -7.59%  DJIA -7.78%  COMP -7.28% Continue Reading


The world’s vacillating exertion to contain the coronavirus episode pounded stocks and unrefined petroleum on Monday, as new cases surfacing over the U.S. enhanced feelings of dread of a worldwide downturn. Overall instances of COVID-19 are well more than 100,000 — with Italy rising as the most noticeably terrible hitContinue Reading


The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, paid N43.09 billion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in the month of February 2020, according to data obtained from the Petroleum Products Pricing Regulatory Agency, PPPRA. The amount paid as subsidy in January 2020Continue Reading


PURPOSE OF INSURANCE The principal goal of an insurance coverage firm is to offer insurance coverage. And the financial goal of insurance coverage is threat administration. An insurance coverage contract, ideally, transfers threat from the comparatively risk-averse (the insured) to the comparatively risk-tolerant (the insurer). Insurance coverage Retains Commerce Transferring within the days after the 9/11 assaults, there have beenContinue Reading


Credit and loan are the means whereby the consumers and entrepreneurs borrow money in order to return the money or pay for purchases or expenses. A loan is an installment by which a lender borrows money that must be paid back with an interest over a period of time. CreditContinue Reading

Why twitter is best for business

Many manufacturers and companies have discovered large success on Twitter. In the event you’re nonetheless on the fence about it, learn on to seek out out why Twitter simply could be the good platform for your small business. Tweeting is as simple as 1-2-3 In contrast to writing weblog postsContinue Reading

Twitter is Wall Street's favorite social media stock

Twitter’s choice to not settle for adverts from politicians — regardless that the social media platform is used incessantly by President Donald Trump and the Democratic presidential contenders — seems to be paying dividends. Shares of Twitter (TWTR) are up practically 20% thus far in 2020. That is properly forward of the featuresContinue Reading


A conference is generally understood as a meeting of several people to discuss a particular topic. It is often confused with a convention, colloquia or symposium. While a conference differs from the other terms of size and purpose, the term can be used to cover the general concept. A conventionContinue Reading

737 Max: Debris found in new planes' fuel tanks

Boeing’s crisis-hit 737 Max jetliner faces a brand new potential security difficulty as particles has been discovered within the gasoline tanks of a number of new planes which had been in storage, awaiting supply to airways. The top of Boeing’s 737 programme has instructed workers that the invention was “completelyContinue Reading

Adidas says business activity in China has dropped 85% due to coronavirus

Adidas says enterprise exercise in China has dropped 85% because of coronavirus German sportswear large Adidas launched up to date steerage Wednesday revealing its enterprise exercise in China has dropped 85% due to the novel coronavirus outbreak. “Our enterprise exercise in Higher China has been round 85% beneath the priorContinue Reading


First Metropolis Monument Financial institution (FCMB) has repeated its duty to the effectivity and gainfulness of Small and Medium Scale Enterprises (SMEs) by way of subsidizing, restrict constructing, warning and several types of assist that may assist their basic commitments to monetary enchancment. The financial institution, which is appraised asContinue Reading


Intels Nigeria Restricted is Nigeria’s largest logistics firm. It was based in 1982 as Nicotes Companies Ltd and relies in Onne, Nigeria. It’s partly owned by Nigeria’s former vice President Atiku Abubakar. The corporate supplies built-in logistics companies for the Nigerian oil and fuel business. Its companies embrace company companies; cargo companies; port administration and help companies inContinue Reading


From Isaac Anumihe, Abuja The curiosity of the Income Mobilization Allocation and Fiscal Fee (RMAFC) is to develop the dimensions of the nationwide cake, that’s, the nation’s income base. “So, it’s our duty to make sure that all taxes of presidency, which amassing businesses gather on behalf of presidency. Are collected appropriated,Continue Reading


The recent inaugural UK-Africa Investment Summit in London, which was facilitated by the British Prime Minister Boris Johnson, was a fantastic stage for Nigeria to flaunt accessible business openings in the country. These incorporate horticulture, assembling, mining and innovation. It was cheering that the Summit, which was graced by moreContinue Reading


Union Bank of Nigeria Plc has entered a share sale and purchase agreement to sell its United Kingdom subsidiary, Union Bank UK Plc. The bank said that following a competitive bid process, MBU BidCo Limited (“MBU”), an acquisition vehicle wholly owned by MBU Capital Limited (“MBU Capital”), was selected asContinue Reading


  However, the drop in quality of telephony services in 2019, telecommunication operators, especially Mobile Network Operators [MNOs] earned about 2.78tr from airtime sales and other internet services. The Guardians investigations showed that the 2019 earnings fell by about N370b compared to the N3.150b the major operators including MTN, Globacom,Continue Reading


“A capacity, and taste, for reading gives access to whatever has already been discovered by others.” ~Abraham Lincoln. Books are the greatest treasures of all time. Great men have had their lives transformed through books. There is one amazing thing I have discovered over the years – BOOKS ARE EVERYWHERE!!!Continue Reading


I believe Nigeria and any other interested nation which may have sent delegates everywhere to discuss how to put the Eco currency together for the purpose of integrating the West African economy, should be seeking redress-financial and otherwise-from France for the hijack of the idea. Whether we have a patentContinue Reading

Allow consciousness of eternity guide your actions, Christians, told

The Vice-Chancellor of Imo State University, Owerri, prof. Adaobi Obasi has admonished Christians to allow the consciousness of where they would spend their actions. Prof. Obasi gave the advice in a keynote address she delivered at the 28th Diocesan Mother’s Union Conference held at St. Peter’s Anglican Church Alaenyi OgwaContinue Reading

Easy Ways to Look Better Instantly

Whiten Your Teeth: Nothing makes you look prettier and more approachable than a bright, healthy smile. As Charla Krupp once famously proclaimed, yellow teeth are ageing! Fortunately, they are so easy to fix! A friend recently told me that she gets her teeth professional cleaned at the dentist’s office threeContinue Reading

Steer clear of LGAs, Imo Govt warns suspended officials

Following the Supreme Court Judgment that state governors have no right to sack or suspend elected Local Government Chairman and Councilors former Council officers have concluded plans to invade the Local Government Secretariat to resume their duty. Daily Nigerian Horn learnt that the ex-council officers who allegedly have strong backingContinue Reading


The Board has selected 24 researchers from the academia and industry into seven subject matter areas and grouped into research clusters to carry out topical researchers which will be funded by the board. The award for the first tranche of the fund has commenced. Center Of Excellence (CoE) The boardContinue Reading


Revised R&D Guidelines A review committee of stakeholders (NNPC R&D, PETAN, PTDF, OPTS/PCTS) in the industry was set up 2012 for revision of R&D Guidelines to include among other requirements for common Industry R&D initiatives and activities, the funding mechanism and governing structure. The revised guideline is awaiting adoption andContinue Reading


NEWS the 27 suspected elected chairman of the local government area in Imo state has taken on the governor Rt.Hon.Emeka Ihedioha for his false claims on due processes and rule of law personified without his actual adherence to obeying the court judgments. This amount to the gross misconduct and disobedienceContinue Reading

Board and the Bank of Industry

  The Board and the Bank of Industry (BOI) recently signed a Memorandum of Understanding on the implementation of the 200 million dollars Nigerian Content Intervention Fund(NCI Fund.) The NCI is a portion of the Nigerian Content Development Fund(NCDF), set aside by the NCDMB for BOI to manage and lendContinue Reading

The Human and Environmental Development Agenda Resource Centre (HEDA), a non-governmental organisation, has invoked the Freedom of Information (FoI) Act on the Central Bank of Nigeria (CBN), asking for detailed information on the alleged resolution between the apex bank and MTN Nigeria relating to charges of improper repatriation of about $8.13Continue Reading

The Asset Management Corporation of Nigeria (AMCON) says Polaris Bank will be put up for sale after the 2019 elections. According to Reuters, this was disclosed by Jude Nwauzor, the AMCON spokesman, on Tuesday. Speaking on plans for the sale of the bank, Nwauzor said: “The election season has slowedContinue Reading

Peter Obi, vice-presidential candidate of the Peoples Democratic Party (PDP), has explained why he invested $30million of Anambra State funds in a company owned by his family. He stated this in response to a question by Kadaria Ahmed, host of ‘The Candidates’, a presidential town hall co-production between Daria MediaContinue Reading