archiveMarch 16, 2020

  A meeting of the National Working Committee (NWC) of the All Progressives Congress (APC) has been scheduled for Tuesday. APC National Publicity Secretary, Mr. Lanre Issa-Onil,  in a statement Monday night, said the meeting will hold at the party’s national secretariat in Abuja by 12 noon. “All members of...

    The Federal Government of Nigeria on Monday said it has put on hold plans to raise $22.7 billion through the international capital market and multilateral institutions due to the current market reality due to the outbreak of coronavirus and the sharp drop in global oil prices. Minister of...

Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning, says Federal Government would prioritise its expenditures to favour major capital expenditures with greater impact in the 2020 budget. Speaking on the side-line of an international conference on “Commodities Trading Ecosystem’’ in Abuja on Monday, Ahmed said the decision...

Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a loss of 0.12 per cent, driven by investors’ sell-off of UBA, FBN Holdings and Lafarge Africa. Specifically, the market capitalisation shed N14 billion or 0.12 per cent to close at N11.832 trillion against N11.846 trillion...

  The EU could impose a 30-day entry restriction on all non-essential travel into the bloc in the coming days, European Commission President Ursula von der Leyen said on Monday. “We face a global health crisis,” von der Leyen said this after briefing G7 leaders on the proposal. “The less...

The Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mr. Nnamdi Okonkwo on Monday commiserated with traders and others victims of Sunday’s tragic explosion in Abule Ado, Amuwo Odofin Local Government Area (LGA) of Lagos State. Accompanied by other Executive Management staff, Okonkwo who visited the affected market areas was received...

  flags off free nationwide Integrated Medical Outreach Programme n Urges Nigerians to continue to observe hygiene advisories on coronavirus President Buhari’s vision of taking 10 million Nigerians out poverty every year for the next ten years is on course and will be largely actualized by the quantum leap in...

  The Central Bank of Nigeria (CBN) said it has cut the interest rate of its intervention programmes from 9 per cent to 5 per cent  even as it has directed all deposit money banks (DMBs) in the country to restructure loan terms and tenors to households and businesses affected...

  Tech giant Apple received a fine of 1.1 billion Euros (1.2 billion dollars) from French authorities on Monday for making anti-competitive agreements with two firms in its distribution network. “The two firms, Tech Data and Ingram Micro, were hit respectively with fines of 76.1 million Euros and 62.9 million...

Ekiti State Governor, Dr. Kayode Fayemi , on Monday signed the bill for the establishment of the state Security Network Agency and Amotekun Corps into law. The House of Assembly on February 14 passed the bill and forwarded it to the governor for his assent after exhaustive points-by-points and clause-by-clause...