archiveMarch 18, 2020

The Senate on Wednesday urged President Muhammadu Buhari, to immediately brief Nigerians on efforts by the government to address the outbreak of the Coronavirus (COVID-19) disease in the country. The call on the President was contained in resolutions reached sequel to the consideration of a motion brought to the floor...

    …Says corruption responsible for indiscipline among security agencies The Senate Ad-Hoc Committee on Security Challenges has called for the decentralization of the Nigeria Police Force as a way of improving efficiency aimed at addressing the problem of insecurity bedeviling the country. Consequently, the upper chamber recommended to the...

  it’s the beginning of unity in PDP—Leaders Only enemies of the people will oppose Amotekun’s formation—Makinde   Oyo State Governor, Engineer Seyi Makinde, on Wednesday, joined leaders of the Peoples Democratic Party (PDP) in the South-West geopolitical zone to receive bigwigs from rival political parties to the party, declaring...

  Activities on the Nigerian Stock Exchange (NSE) ended on a positive trend on Wednesday, recording its first gain in the week due to buying interest in MTN Nigeria. Specifically, the All-Share Index rebounded by 1.1 per cent to close higher at 22,789.64 compared with 22,543.07 achieved on Tuesday. In...

  The Managing Director of CRC Credit Bureau Limited, Mr Tunde Popoola, on Wednesday called on commercial banks to give proportionate credit allocation to sectors contributing to the country’s Gross Domestic Profit (GDP). Popoola made the call at the Bimonthly forum of the Finance Correspondents’ Association of Nigeria (FICAN) in...

The monthly Federation Account Allocation Committee (FAAC) meeting on Wednesday ended inconclusively. The Director of Information, Ministry of Finance, Budget and National Planning, Mr. Hassan Dodo, anounced this after the meeting in Abuja. He said “gentlemen of the press, there is no going to be usual briefing today because the...

  The Lagos Chamber of Commerce and Industry (LCCI) has called for a critical review of spending structure of government and the cost of governance in view of the nation’s declining revenue due to COVID-19 pandemic. Its Director-General, Dr Muda Yusuf, made this known in a statement made available to newsmen in...

The African Development Bank (AfDB) has announced health and safety measures to help prevent the spread of the coronavirus in country’s where it has a presence, including its headquarters in Abidjan. In a statement released by the bank’s Communication and External Relations Department on Wednesday, AfDB explained that measures included...

The National Deposit Insurance Corporation (NDIC) has warned members of the public to stop patronising wonder banks that are offering mouth-watering interest rates. The Managing Director of the Corporation, Alhaji Umaru Ibrahim, gave the warning at the ongoing 31st Enugu International Trade Fair in Enugu on Wednesday. Ibrahim said the...

The Federal Executive Council (FEC) on Wednesday approved reduction in the size of the 2020 budget by about N1.5 trillion, as part of measures to address the impacts of Coronavirus disease on Nigerian economy. The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, made this known when she...