The Federal Government says it has no plans to impose travel restrictions on visitors from countries where coronavirus continues to spread rapidly. However, Nigeria has decided to screen visitors entering the country from China (where the disease originated last year), Japan, Iran, Italy, Germany, France, South Korea and Spain. The …
Read More »CBN Releases Measures To Battle Economic Impact Of Coronavirus
The Central Bank of Nigeria (CBN) announced six new policy measures to mitigate the spread of the dreaded coronavirus across the country.Addressing journalists Monday in Abuja, the governor, Godwin Emefiele, said the apex bank’s intervention facilities had been granted a further moratorium of one year in all principal repayments, with effect …
Read More »Nigeria’s top 10 companies lose N2.43tr amid price crash
Nigeria’s 10 largest companies by market capitalisation lost more than N2.43 trillion in six weeks as global scare caused by the spread of Coronavirus and subsequent crude oil crash fuelled major selloffs in the Nigerian equities market. Market analysis showed that market value of the 10 most capitalised companies at …
Read More »BREAKING: FG postpones National Sport Festival
The 2020 edition of the National Sports Festival has been postponed. The decision was reached after a meeting with the Minister of Sports, Sunday Dare, his health counterpart, Dr Osagie Ehanire and a few other experts at the Health Ministry. They reviewed the COVID-19 situation vis-a-vis Edo 2020 Sports festival …
Read More »Oshiomhole to chair fresh APC’s NWC meeting on Tuesday
Following the stay of execution order of the Court of Appeal on Monday which reinstated Comrade Adams Oshiomhole, the national chairman of All Progressives Congress, a National Working Committee (NWC) meeting of the party holds Tuesday. The meeting scheduled for Tuesday, March 17, 2020 will hold at the Party’s National …
Read More »Coronavirus: NOUN suspends 9th convocation ceremony
The National Open University of Nigeria, NOUN, has announced the postponement of its 9th convocation ceremony indefinitely, over growing fear of the Coronavirus outbreak across the country. A terse statement signed on Monday by the university’s Registrar, Felix Edoka, said the postponement became necessary in view of the “health dangers inherent in the …
Read More »Group drags Lagos Speaker, Obasa, to EFCC over alleged corrupt practices
Honourable Mudashiru Obasa The Human Rights Monitoring Agenda (HURMA), a non-governmental organisation, has accused Honourable Mudashiru Obasa, speaker of the Lagos State House of Assembly, of being reckless with funds meant for development, THE WITNESS reports. In a petition to the Economic and Financial Crimes Commission, (EFCC), and signed by its executive director, …
Read More »BREAKING: Lagos govt confirms third Coronavirus case
The Lagos state government has confirmed a third case of Coronavirus (COVID-19) in the state. Akin Abayomi, the state’s commissioner of health, disclosed this at a press conference, on Tuesday. LSMOH ✔@LSMOH Breaking! Third case of #COVID19NIGERIA confirmed in Lagos. – This is a new case independent of the index …
Read More »ZENITH BANK FETES SHAREHOLDERS WITH DIVIDEND PAYOUT OF N87.9 BILLION
Shareholders of Zenith Bank Plc, on Monday, at the 29th Annual General Meeting of the Bank held at the Shehu Musa Yaradua Centre, Abuja unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with …
Read More »Abule Ado Explosion: Sanwo-Olu Sets Up N2bn Relief Fund .
Lagos State Governor, Mr Babajide Sanwo-Olu has arrived the scene of Sunday’s explosion in Abule Ado area of Festac which claimed lives and property worth billions of naira. Earlier, the Deputy Governor, Dr Kadri Obafemi Hamzat and members of the State Executive Council also arrived the scene to carry out …
Read More »