archiveJanuary 2020

  World stock markets began the New Year with a shot of Chinese stimulus, ensuring there was no immediate hangover after the gains of 2019. China’s central bank said overnight it was lowering how much cash banks were required to hold, the eighth reduction since 2018. The move that should...

  The Nigerian Army, on Thursday, January 2, announced a major success in the fight against Boko Haram and Boko Haram and Islamic State of West Africa’s Province (ISWAP) terrorists in the north eastern part of the country. The Army said an offensive against the terrorists has resulted in many...

The National Industrial Court has joined High Court in declaring as illegal payment of pension and gratuity to former governors and deputy governors. The court gave the judgment on Thursday while ruling in a suit brought against the Taraba State government by Alhaji Garba Umar. Umar, the Claimant, was once...

  An economist, Prof. Olanrewaju Olaniyan, on Thursday underscored the need for the three tiers of government to improve on infrastructure and job creation to enhance the country’s economic growth and development. Olaniyan, a Director at the Centre for Sustainable Development, University of Ibadan, told the News Agency of Nigeria...

Some bank customers have frowned at their banks’ for not complying with the new guidelines for charges on Automated Teller Machine (ATM), released by the Central Bank of Nigeria (CBN). Some of the customers who spoke to the News Agency of Nigeria (NAN), in Abuja, regretted that banks had now...

Gov. Kayode Fayemi of Ekiti on Wednesday said the joint security outfit, ‘Amotekun’, initiated by the six governors in the southwest zone would commence work on Jan. 9. Fayemi, who disclosed this in his New Year message to the people of the State, said the outfit would complement the efforts...

Officials of the Kwara Government in the early hours of Thursday demolished a house believed to belong to the late Kwara politician, Dr Olusola Saraki. The house, popularly called Ile Arugo (old people’s home), is located along the Ilofa Road in the Government Reserved Area (GRA) of Ilorin. Some residents...

  Having commended the Federal Government on the early passage of 2020 budget, the Nigeria Employers’ Consultative Association (NECA) has called for synergy between the fiscal and monetary policies of the government, its Director-General, Timothy Olawale, made the call in an interview in Lagos on Thursday. NECA which is the...