archiveMarch 23, 2020

  Activities reopened for the Week on the Nigerian Stock Exchange (NSE) on Monday with a decrease of 2.24 per cent following share price depreciation in blue chips. Specifically, the All-Share Index (ASI) which opened for the week at 22,198.43 shed 497.45 or 2.24 per cent to close at 21,700.98....

  Africa needs an immediate emergency economic stimulus to the tune of 100 billion dollars, owing to the COVID-19 outbreak, the African Finance Ministers have said. This is contained in a statement by Communication and Media Relations Department of the group, which was made available to News Agency of Nigeria...

The Federal Ministry of Health(FMoH), has called on the Chinese Government to lend its technical support to the fight against Coronavirus (COVID19), in the country, following 36 confirmed cases, two discharged and one death recorded. The Minister of Health, Dr Osagie Ehanire, made the plea, when the Chinese Ambassador to...

  The Federation Accounts Allocation Committee (FAAC) has shared the sum of N581.566 billion to the Federal, States and Local Governments for February. Mr Henshaw Ogubike, Director Press and Public Relations in the Office of the Accountant-.General of the Federation made this known in a statement in Abuja on Monday....

  Following the raging effect of COVID-19 in country, the Nigerian Stock Exchange (NSE) will effective March 25 temporarily close its trading floors and engage in remote trading. Mr Oscar Onyema, NSE Chief Executive Officer, said in a statement on Monday in Lagos that the decision became imperative due to...

The Chief Justice of Nigeria (CJN), Hon. Justice I. T Muhammad, has directed all Justices of Federal Courts in the nation to suspend court sittings for the next two weeks. The CJN gave the directive in a circular issued on Monday and tagged: “RE: PREVENTIVE MEASURES ON THE SPREAD OF...

  The Primero Transport Services Limited, operator of Bus Rapid Transit (BRT) , on Monday commenced daily sterilisation of all surfaces within and without its buses to curb the spread of COVID-19 in the state. The General Manager (Operations) of the firm, Mr Segun Anako, saif this at a news...

  Warns against unnecessary arrests, detention of suspects The Inspector-General of Police (IGP), Mohammed Adamu, has counselled Nigerians to avoid social visits to police stations and other police offices as confirmed cases of coronavirus rise to 30 in the country. He also urged the citizens to minimise official visits to...

Former Head of the Civil Service of the Federation (HoCSF), Mrs. Winifred Oyo-Ita was on Sunday arrested. According to The Nation’s report, operatives of the Economic and Financial Crimes Commission (EFCC) picked Oyo-Ita ahead of her arraignment today over an alleged N570 million fraud. The former top civil servant will...