The Nigeria Labour Congress (NLC) on Thursday rejected the new fuel price announced by the Petroleum Products Price Regulatory Agency (PPPRA) on Wednesday. The labour movement through its president, Ayuba Wabba, asked the federal government to immediately return to the old fuel price of N121.50 per litre. The NLC wasContinue Reading
Nigerian President Muhammadu Buhari has expressed concern over the decision by regional francophone countries to replace CFA Franc with a regional common currency, Eco, ahead of other member states. Buhari cautioned his counterparts in Ecowas bloc of possible dangers brought by Eco if not well-thought-out. “It gives me an uneasyContinue Reading
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
Pastor Osagie Ize-Iyamu has emerged the winner of the All Progressives Congress (APC) primary election in Edo State. astor Osagie Ize-Iyamu has emerged the winner of the All Progressives Congress (APC) primary election in Edo State. Chairman of the APC Primary Election Committee and Imo State Governor, Senator HopeContinue Reading
Federal polytechnic nekede said that they lack funds to mass-produce their machine and that funding has been a problem, funding is never enough. It is the biggest challenge that an educational institution will tell you. Education is very expensive, it is not easy to run a lab or provide aContinue 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
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
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 Peoples Democratic Party (PDP) has revealed why President Muhammadu Buhari could not address the nation on May 29. The party said that President Buhari did not address the nation on the May 29 Inauguration day because he must have assessed his administration and rightly adjudged it a failure.Continue 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
Nigeria has recorded 226 new cases of the COVID-19, bringing the country’s total number of infections to 6,401. The Nigeria Center for Disease Control (NCDC) announced this late on Tuesday. According to the agency, of the 226 new cases, 131 are in Lagos, 25 are in Ogun, while 15Continue 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
The Imo State Governor, Hope Uzodinma, has signed two new bills into law which was passed by the State House of Assembly. The bills are “Imo Waste Management Agency bill” and the “Consolidation of Property and Land Use Charges Bill”. Governor Uzodinma while accenting to the bills at theContinue Reading
statement after his release from prison on Friday. Mr Kalu, who was jailed in December 2019 for allegedly stealing public funds, was released after the Supreme Court voided his conviction and ordered a retrial of the case. Read his statement: Today, the Supreme Court of Nigeria gave a judgement in my favor,Continue Reading
South Korea returned largely to normal Wednesday as workers went back to offices, and museums and libraries reopened under eased social distancing rules after new coronavirus cases dropped to a trickle. The South endured one of the worst early outbreaks of the disease outside China and while it neverContinue 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
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
Nigeria’s Access Bank Plc is planning to cut staff salaries to avoid laying off as coronavirus continues to ravage the world and affect global economies, Bloomberg reported. Bloomberg on Friday reported that “people with direct knowledge of the matter” said the pay cuts are expected to start from May unlessContinue Reading
The Federal Medical Centre (FMC), Owerri, in Imo says the index case of COVID-19 is currently receiving treatment at its isolation center, says the hospital spokesperson, Mrs Jacinta Achonu. Achonu made the confirmation in Owerri on Sunday while briefing newsmen on the first report of Coronavirus case in theContinue 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
Nigeria Centre for Disease Control (NCDC) on Saturday said Imo State has recorded its first case of coronavirus (COVID-19). The centre also said that Nigeria recorded 87 new cases of the coronavirus on Saturday including the one recorded in Imo state, a development which has taken the number of activeContinue Reading
The Nigerian Government has said there is no acceptable circumstance under which Nigerians in China can be racially discriminated against. The Honourable Minister of Foreign Affairs, H.E. Geoffrey Onyeama on Thursday 23rd April, 2020, disclosed the government’s stand while speaking in response to questions about Nigerians in the UK beingContinue Reading
Three more cases have been confirmed in Borno State, one of which is an Internally Displaced Person. The IDP was identified during contact tracing of an earlier confirmed case, and tracked to an Internally Displaced Camp where he lives and invited for isolation. He was there after tested along sideContinue 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
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
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 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
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
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
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
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
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
President Muhammadu Buhari Saturday said that his late Chief of Staff, Mallam Abba Kyari, was the best of them at the Presidency. President Buhari in his tribute to Mallam Kyari who was buried yesterday after he passed on as a result of complications from the COVID-19 virus, has alsoContinue 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
The University of Benin Teaching Hospital (UBTH) has discharged its first COVID-19 patient from its isolation centre. The patient is one of the five that were announced by the state government to have been discharged in Edo State. The 43-year-old patient was said to have been admitted on 3rdContinue Reading
Imo state government has given updates on the investigation of ex-governor Emeka Ihedioha – Declan Emelumba, the state commissioner of information, said the ex-council chairmen said they were ready to shed light on the alleged misappropriation of the N19.63 billion LG funds – Ihedioha was sacked as the governor ofContinue Reading
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
Imo State Governor Hope Uzodinma yesterday made public result of the test conducted on him, declaring that he tested negative again for the second time. In a statement signed by Commissioner for Information and Strategy, Declan Emelumba, he said, “Governor Uzodimma has tested negative to the coronavirus infection. “The resultContinue Reading
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 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
The S&P 500 has gained about 30% from it’s March low and has erased more than half of the losses from the decline that started in February. A bulk of the investment banks have taken a bullish stance and believe the bottom for the equity markets are in. Media outlets are mostlyContinue Reading
Dow’s weakness since last Halloween is a bad omen for the next six months Photo by JOHANNES EISELE/AFP via Getty Images The stock market’s most favourable six-month period is coming to an end, without much to show for it. I’m referring to the six-months on, six-months off a seasonal patternContinue Reading
0 If you’re interested in Innovotech Inc. (CVE: IoT), then you might want to consider its beta (a measure of share price volatility) to understand how the stock could impact your portfolio. Modern finance theory considers volatility to be a measure of risk, and there are two main types ofContinue Reading
If you’re interested in CAI International, Inc. (NYSE: CAI), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. Volatility is considered to be a measure of risk in modern finance theory. Investors may thinkContinue Reading
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
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
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
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
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
e Presidency has announced that there will be no condolence visits to the family of the late Chief of Staff to President Muhammadu Buhari, Mr Abba Kyari. The Senior Special Adviser on Media and Publicity to the President, Garba Shehu, said this in a series of tweets on Saturday, shortlyContinue 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
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
President Donald Trump vowed to unveil plans Thursday to reopen the world’s top economy, following cautious moves in Europe, claiming the US had “passed the peak” of the coronavirus crisis despite a record daily death toll. Since emerging in China late last year, the pandemic has turned the world upsideContinue Reading
Ron The Federal Government says the School Feeding Programme will continue despite the closure of schools nationwide in order not to neglect malnourished children. Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, disclosed this while responding to questions at the national briefing of the PresidentialContinue 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
POLITICS BUSINESSHEALTHSPORTSTECHAFRICAWORLD MORE Betsy Obaseki, Wife of Edo State Governor The wife of the Edo State Governor, Betsy Obaseki, has warned that diverting relief materials meant for the vulnerable in the society will further compound the current difficulties being experienced over the coronavirus pandemic. According to her, hunger couldContinue Reading
F Federal Government says it has terminated the contract of two Payment Service Providers (PSPs) for failure in disbursing cash to poor and vulnerable residents in four states.FG, has says it has terminated the contract of two paymentsThe “Service Providers” were contracted by the Federal Government to make payments toContinue Reading
Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, has advised that while the battle to stamp out Coronavirus pandemic in the country is intensified, the people should not be left hungry. Adeboye added that “people must be fed” notwithstanding what is happening, even as he urged Nigerians notContinue Reading
377 Buhari Signs Quarantine Order President Muhammadu Buhari has signed the Quarantine Order which gives legal backing to the lockdown extension announced by the President. The President made the announcement on his Twitter handle on Monday. According to the order, the lockdown and cessation of movement in Lagos State, theContinue 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
Imo state Governor, hope Uzodinma has hailed president Buhari stimulus package. The governor called it a masterpiece. Uzodinma also said COVID -19 challenge has brought the best creative imagination in the president. He say’s the stimulus package by president Buhari is a masterpiece. According to him,the COVID -19 challenge isContinue Reading
The people’s Democratic party has demanded a full -scale investigation into the circumstances surrounding the fire out break in critical offices at the head-quarters of the office of the Accountant General of federation Abuja on Wednesday being 8th of April 2020. The party says investigation is imperative given”apprehensive in theContinue Reading
The team arrived in Nigeria in a chartered air peace aircraft on Wednesday afternoon.They are expected to assist in effort to contain the COVID-19 Pandemic. Addinseter: Block Minister of Health,Dr.Osagie Ehainre was at the Airport to recieve The medical team. News that the Chinese professional medical doctors were coming intoContinue Reading
The Peoples Democratic Party (PDP) has rejected the April 1 tweaking of fuel price from N125 to N123.5 by President Muhammadu Buhari’s administration. The party, in a statement on Thursday night by its National Publicity Secretary, Kola Ologbondiyan insisted that the price should be brought down to N90 per litre as “canvassedContinue 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
Abuja — Electricity workers under the aegis of National Union of Electricity Employees (NUEE) and the Non-Academic Staff Union (NASU) in federal universities, polytechnics, and Colleges of Education have threatened to embark on industrial action. While NASU served notice to go on an indefinite strike from April 1 if theContinue Reading
Jackson ude for an aide to Goodluck Jonathan alleged that the Nigerian government has already spent N1.6 billion already on coronavirus. N1.6 billion has already been spent by the federal government of Nigeria. Guys, the wicked set of people in the world right now is the Nigerian government led byContinue Reading
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
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
President Donald Trump appears to have made his choice in the awful dilemma posed by the coronavirus pandemic — whether to destroy the nation’s economic foundation in order to save lives. In his zeal to fire up American prosperity after helping to trigger an unprecedented self-inflicted economic meltdown, Trump is already losing patience —Continue Reading
The National Identity Management Commission (NIMC) has suspended its enrollment across the country to prevent the spread of COVID-19. NIMC Head of Corporate Communication, Mr Kayode Adegoke, said this on Tuesday in a statement in Abuja. Adegoke said the suspension became necessary to promote physical distancing and prevent the spreadContinue Reading
•Nigeria records first COVID-19 death; confirms 36 •Fears, as Bauchi gov goes into self-isolation •Atiku’s son didn’t attend S/West PDP rally — Oyo govt •All land borders shut, FEC meetings suspended indefinitely By Emma Ujah, Chioma Obinna, Levinus Nwabughiogu, Johnbosco Agbakwuru, Joseph Erunke, Charly Agwam, Adeola Badru Wife of theContinue Reading
THE new Coronavirus, COVID-19, pandemic which is shellacking even the most sophisticated health systems in the world has left the Nigerian health sector completely exposed. We are now left to pray that what is happening to China, Italy, Spain, France, the United States, the United Kingdom and others will notContinue Reading
ABUJA: The Nigerian Immigration Service NIS said it has placed a temporary suspension on passports issuance and migrant registration due to the outbreak of the Coronavirus (Covid-19) virus in the country. The Service disclosed this on Monday in a statement by its Comptroller General, Muhammed Babandede. The suspension which takesContinue Reading
Reports have it that the Russian President Vladimir Putin has released 800 tigers and lions to clamp down on citizen’s movement across the country. This according to reports was to stem the spread of coronavirus in the country. Russia, a country of 146 million people has about 253 infected peopleContinue Reading
In Washington’s new war, the coronavirus pandemic is out-sprinting frantic government efforts to cope with its tragic humanitarian and grave economic toll. A failed Senate vote on a mammoth stimulus bill amid acrimony between Republicans and Democrats came as the virus trimmed the GOP majority with five members quarantined. State and local leaders andContinue Reading
MTN Nigeria on Sunday said its team would start working from home as part of the precautionary measures to stop the spread of COVID-19 Mr. Funso Aina, the telcos Senior Manager, External Relations, said in a statement that from March 23, workers are expected to perform their duties from home.Continue Reading
Prof. Uche Uwaleke says the devaluation of the nation’s currency by the Central Bank of Nigeria (CBN) will discourage round-tripping and return of foreign investors. Uwaleke, a Professor of Finance and Capital Market at the Nasarawa State University, told the News Agency of Nigeria (NAN) in Lagos on Sunday that theContinue Reading
The NCDC has confirmed 30 cases of Coronavirus in Nigeria The Nigeria Centre for Disease Control (NCDC) on Sunday confirmed 30 cases of COVID-19 in the country. The Centre, who disclosed this on its website, said Abuja, which had one case in the morning of Sunday, now has four cases.Continue Reading
Japanese Prime Minister Shinzo Abe said for the first time on Monday that the Tokyo Olympic Games may be postponed if the event cannot be held in its “complete form” due to the coronavirus pandemic. NAN reports that the flame was transported by a special aircraft “Tokyo 2020 Go” fromContinue Reading
•Private sector urged to follow suit, tasks market leaders on hygiene •Oyo gets first positive case; 4 of 39 cases in FCT positive •Confirmed cases in Nigeria now 30; I had vision of forced holiday — Adeboye •Bankers’ Committee directs oil firms to sell forex only to CBN •Kwara govtContinue 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
Filling stations across Lagos State have started effecting the new N125 per litre pump price regime for Premium Motor Spirit (PMS) which was approved by President Muhammadu Buhari on March 18. A News Agency of Nigeria (NAN) correspondent who monitored the situation on Friday morning at Ikeja, Fadeyi, Abule Egba,Continue Reading
The turbulent wave that threatened to sink the ship of the Niger Delta Development Commission, NDDC, may have spent its force. The ship that appeared headed for the rocks is now sailing in calm waters. From all indications, it is set for re-positioning. In charting a new course for theContinue Reading
…running parallel with Stay Safe Campaign to Distribute Hygiene Products, Groceries, Home Essentials Jumia Nigeria has announced a price slash offer for customers in its upcoming Tech Week campaign which is scheduled to run from March 23rd to the 29th. The campaign will run in parallel with its Stay SafeContinue Reading
The Lagos State Government Representatives and religious leaders at a closed-door meeting have failed to reach an agreement following a few hours of deliberation on arranged move to close down religious houses in the state. The measure, as per the state government is in advancement to the endeavours of theContinue 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
The Vice President Yemi Osinbajo on Monday said there was a nexus between lively ware advertise and a strong economy as the previous stays an impetus for job creation and poverty decrease. Osinbajo expressed this toward the start of a two-day International Conference on the Nigerian Commodities Market (ICNCM 2020)Continue 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 latest audit report on the Nigerian solid mineral sector, released on Sunday, puts the revenue generated from the industry at N69.47 billion in 2018. According to the report, the latest figure translates to a 31.67% increase over what was achieved in 2017, which stood at N52.76 billion. It isContinue Reading
Nigeria’s economy may slide into another downturn as the abrupt accident in raw petroleum costs is set to wipe $8.63bn from the normal income accruable to the nation in a half year. As of now, the country has lost over $335.7m after the raw petroleum cost plunged a week ago,Continue Reading
In order to reduce the neonatal rate in Nigeria, the Heineken Africa Foundation, yesterday, signed a Memorandum of Understanding (MoU) with the University Of Benin Teaching (UBTH). The Heineken Foundation through its Managing Director/Chief Executive Officer, speaking for the Managing Director/Chief Executive Officer, Nigerian Breweries Plc, Mr Jordi Borrut Bel,Continue Reading
1 hr 5 min ago There are more than 142,000 cases worldwide There are now more than 142,000 coronavirus cases globally and more than 5,300 related deaths, according to the latest figures from the World Health Organization. Here’s the latest breakdown: Total cases: 142,320 Deaths: 5,388 Countries or territories with cases: 129 ChinaContinue Reading
SENATE has begun moves to jail anyone selling/buying generator for a period of ten years respectively. The bill seeks to ban the importation and use of generating sets (generators) in the Country and to curb the menace of environmental pollution. The Generating Set( Prohibition/ Ban) Bill, 2020( SB.366 was readContinue Reading
The House of Representatives, on Wednesday in Abuja, ordered an immediate probe of the cleanup of spills and remediation in oil-producing areas of the country in the last five years. Considering a motion sponsored by Abubakar Hassan Fulata at plenary presided by Speaker, Femi Gbajabiamila, it resolved to set upContinue 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
Securities and Exchange Commission, SEC, is pushing for a more structured commodities market that will provide a fair playing field for local market participants while providing the required infrastructure for the international market to be exposed to Nigerian commodities. Acting Director-General of the SEC. Ms. Mary Uduk stated this duringContinue Reading
As the world grapples with the latest crude oil crash caused by the coronavirus (COVID-19) epidemic, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari has urged Nigerians to brace up for an unsavory economic climate in months ahead as the journey would not beContinue 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
“Degree” involves professional fields requiring undergraduate or graduate degrees, a degree is an academic course and qualification studied for and attained at university which can be a four or five-year course in a specific field. Practical knowledge is gained by doing things and is being acquired by day toContinue Reading
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
