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There is panic over likely petrol scarcity in Nigeria as members of the Independent Petroleum Marketers Association (IPMAN) on Monday raised the alarm over the inability of the Depot and Petroleum Products Marketing Association (DAPPMA) to secure the Federal Government’s approval for selling the Premium Motor Spirit (PMS) petrol at N125 per …

Dangote Cement Plc, the most capitalised stock on the Nigerian Stock Exchange (NSE), has made disclosed intentions to issue N300 billion bonds. The company, in a notice to the Nigerian Stock Exchange (NSE), on Monday, announced its inaugural issuance of bonds under its N300 billion shelf registration programme. The company …

Ibrahim Muhammad, chief justice of Nigeria (CJN), has ordered that all courts in the nation to suspend judicial activities in order to prevent the spread of coronavirus. Muhammad gave the directive on Monday evening. On Friday, the CJN had issued a circular mandating all staff and court visitors (including lawyers, litigants, …

Ecobank Nigeria, on Monday, said it has temporarily closed its Wuse II, Abuja branch. This was announced in a statement released by the bank. According to the statement, the first victim of Coronavirus to die visited the Abuja branch on March 12, 2020. However, according to the bank, at the time of …

Head of the Civil Service of the Federation (HCSF), Dr. Folasade Yemi-Esan The Federal Government of Nigeria on Monday directed federal civil servants from Grade Level 12 and below to stay and work from home with effect from Tuesday, to stem the spread of the Coronavirus (COVID-19) pandemic. The Head …

Nigeria on Monday night recorded four new cases of Coronavirus with three recorded in Lagos and one in the Federal Capital Territory (FCT), Abuja. According to the Nigerian Centre for Disease Control (NCDC), as at 11.00 p.m. on Monday, there are 40 confirmed cases of #COVID19 in Nigeria. Two of them have …

A man has died in Yunnan province of China after testing positive to Hantavirus. The man died while on his way back to Shandong Province for work on a chartered bus, China’s Global Times reports. Hantavirus immediately became a trend on social media following the report with people panicking that …

Nigerian businesses need to prepare and brace themselves for a highly challenging period ahead as the coronavirus pandemic disrupts day-to-day life and commerce. This follows the Federal and State Governments’ recent announcements of a set of bold measures to halt the spread of the coronavirus in Nigeria, including travel bans, …

  As part of efforts to consummate the Central Bank of Nigeria (CBN) initiated policy aimed at reducing the figure of the unbanked populace by 20 percent by 2020 and to ensure greater participation in the nation’s financial sector, Heritage Bank Plc has keyed into this initiative to drive financial …

Atiku Abubarkar The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has announced that his son tested positive for coronavirus. He made this known via his verified Twitter handle on Sunday. “My son has tested positive to coronavirus,” he tweeted. According to the former Vice-President of Nigeria, his son …