archiveMarch 19, 2020

Spain has recorded over 200 deaths from COVID-19 within the last one day. According to Aljazeera, Spain’s death toll increased from 209 to 767 overnight, while Russia announced its first death in a 79-year-old woman. Meanwhile,, Italy has recorded 475 deaths from COVID-19 in a single day. As part of...

A Kano High Court on Thursday nullified the creation of four new Emirate Councils in the state by Governor Abdullahi Ganduje even as nullified the Emirs appointed over those Emirates, the court described the appointments as illegal. It would be recalled that the state governor created four Emirate Councils of...

The Nigerian equities market returned to negative territory on Thursday with the All-Share Index declining by 3.12 per cent due to price depreciation in blue chips. Specifically, the All-Share Index dipped 711.06 points, representing 3.12 per cent, to close at 22,078.58 compared with 22,789.64 on Wednesday. Similarly, the market capitalisation...

Arik Air has announced suspension of its flight services to all West African destinations following the continued spread of coronavirus. According to the airline, the affected routes are Accra, Ghana; Monrovia, Liberia and Dakar, Senegal, adding that the temporary suspension of flights to all its West Coast destinations would become...

The computation of the new retail pump price of premium motor spirit (PMS), popularly called petrol, announced by the federal government on Wednesday was based on the pricing modulating template approved by the Petroleum Products Pricing Regulatory Agency (PPPRA), an official has said. On Wednesday, the federal government announced a...

The Redeemed Christian Church of God (RCCG) has altered services in its parishes in Lagos and Ogun State in compliance with both government’s directive to curb coronavirus. RCCG’s Assistant General Overseer (Administration and Personnel), Mr. Folrunsho Odesola said in an internal memo that the church is amending its worship schedules...

  The 24th convocation ceremony of the Lagos State University (LASU) has been postponed indefinitely over the growing coronavirus issue in the country.. The decision was said to have been taken during an emergency management meeting on Thursday, March 19. Prior to the decision, the management of the university had...

  The Nigeria Employers’ Consultative Association (NECA) says the Federal Government’s proposed reduction of its budget by over N1.5 trillion should come from recurrent expenditures rather than capital expenditures. Its Director-General, Mr Timothy Olawale, gave the advice while speaking to newsmen on Thursday in Lagos. The News Agency of Nigeria...

  The European Union’s (EU’s) lead negotiator on future relations with Britain, Michel Barnier, on Thursday tested positive for COVID-19, the potentially fatal respiratory disease caused by the new coronavirus. “I will like to inform you that I have tested positive for COVID-19. I’m doing well and in good spirit....

The House of Representatives has resolved to investigate the Anchor Borrowers’ Scheme(ABS) of Central Bank of Nigeria (CBN) over non-recovery of N81.5 billion from companies. This was sequel to a unanimous adoption of a motion by Rep. Sergius Ogun (PDP-Edo) at plenary on Thursday. Moving the motion, Ogun said that...