archiveJanuary 2020

  inaugurates NEWMAP committee   Oyo State Governor, Engineer Seyi Makinde, on Thursday announced the approval of the sum of N500 million as counterpart funding for the World Bank-supported Nigeria Erosion and Watershed Management Project (NEWMAP) in the State. The project is to enhance the control and prevention of flood,...

  Oyo State Governor, Engineer Seyi Makinde, on Thursday told the 33 Caretaker Chairmen of local governments and 35 chairmen of Local Council Development Areas (LCDAs) that the people of the state expect massive development of the councils under his watch. The Governor, who spoke at the Executive Council chambers...

wants special funding for Centre for Disease Control The Senate on Thursday urged the Federal Ministry of Aviation to immediately take steps to ensure that all persons arriving from China, especially Chinese citizens from Nigeria that travelled for the Chinese Lunar New Year festivities, to self-isolate by staying indoors in...

  says leaders need more prayers from religious leaders amend constitution to conduct elections in November—C/S Church Spiritual Head Oyo State Governor, Engineer Seyi Makinde, said on Thursday that the South-West security initiative, Operation Amotekun was shaping up well. The Governor made the declaration while attending the 80th Annual General...

The President of African Development Bank (AfDB), Dr Akinwumi Adesina says youth unemployment must be given top priority by leaders of various countries. Adesina said this during the public presentation of African Economic Outlook 2020 in Abidjan on Thursday. He explained that with 12 million graduates entering the labour market...

Guinness Nigeria Plc, a leading beverage and alcohol Company in Nigeria and a subsidiary of Diageo Plc, today announced its unaudited results for its first half year period ended 31st December 2019. The results which were released to the Nigerian Stock Exchange (NSE), showed that its operating profit declined by...

    First Bank of Nigeria Ltd on Thursday tasked Small and Medium Enterprises (SMEs) operating in the country on capacity building for them to remain relevant and competitive in the future. Mrs Olufunke Smith, the bank’s Group Head, Retail Banking, Lagos Island 1, stated this at the FirstBank SMEConnect...

  Transactions on the Nigerian Stock Exchange(NSE) maintained a downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation on Thursday dipped N41 billion or 0.27 per cent to...

The African Development Bank (AfDB) African has projected economic growth to rise from 3.4 per cent in 2019 to 3.9 per cent in 2020 and 4.1 per cent in 2021. The AfDB President, Dr Akinwumi Adesina disclosed this during a public presentation of African Economic Outlook 2020 in Abidjan on...

The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on Turn-Around Maintenance of refineries in the country between 2013 and 2015. Accordingly, the Upper Chamber mandated the Committee on Petroleum Downstream, Upstream and Gas to carry out a holistic...