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

bokoharam

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

PORTS AIR

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

aba

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

ekeji

  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

wike

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 Point2Homes.com and PropertyShark.com 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

DONATIONS

  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

ZAINAB

  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

NCDC BOSS

 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 INTRODUCE A NEW SERVICE TO GIVE CUSTOMERS ACCESS TO FUNDS IN THIS COVID-19 TIMES

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

TRUMP

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

LIONEL MERCY

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

5 BILLION DONATED BY UBA TO FIGHT COVID-19

The United Bank for Africa Plc (UBA) on Thursday announced a donation of over N5 billion ($14 million) through its UBA Foundation, to catalyse a comprehensive pan-African response to fight the COVID-19 global pandemic. A statement from the bank explained that the donation would provide significant and much-needed support toContinue 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-Coronavirus-Test

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

STALLION TO UNVEIL NIGERIA’S FIRST ELECTRICAL CAR ON MARCH 20,

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

DUE TO THE OUTBREAK OF CORONAVIRUS OGUN STATE BANS CINEMAS, NIGHT CLUBS, AND RESTAURANTS, OTHERS FOR 30 DAYS

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

LASG AND PAPDA ARE PLANNING TO REMOVE COMPUTER VILLAGE IKEJA

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