archiveMarch 24, 2020

The national leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, Tuesday suggested a total lockdown in Lagos State because of the increasing COVID-19 pandemic in the state. He also commended the preventive measures being taken by the state governor, Babajide Sanwo-Olu, in a bid to check the...

The domestic equities market closed update on Tuesday with a growth of 0.19 per cent just as the Monetary Policy Committee (MPC) retained all rates in spite of the COVID-19 pandemic. The News Agency of Nigeria (NAN) reports that MPC at the end of its two-day policy meeting, unanimously voted...

The Chartered Institute of Bankers of Nigeria (CIBN) has postponed all its programmes scheduled to take place between March 23 and June 30 to check the spread of coronavirus in the country. A statement by the Registrar/ Chief Executive of CIBN, Mr Seye Awojobi,  however, said that three of its...

President Muhammadu Buhari has expressed “profound grief and sorrow’’ over the loss of soldiers who were ambushed by terrorists in Gorgi Village, Borno State. About 47 soldiers according to the military authorities lost their lives as a result of the ambush. The President in a statement by his Senior Special...

An Ekiti High Court sitting in Ado Ekiti has sentenced two septuagenarians and four others to death by hanging for the murder of one Sola Adeniyi. The six persons were: Oniyelu Olu, 63; Folorunso Oluwatoba, 65; Peter Ajayi, 73; Tijani Arowolo, 80 (who died during the pendency of the suit);...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has urged Federal Government to leverage on Public Private Partnership (PPP) to intensify investment in infrastructure to increase output and employment. The CBN Governor, Mr Godwin Emefiele said this while reading the communique of the meeting during his...

        Proposes dividend of 20k per share   Fidelity Bank Plc has delivered another impressive full year result as its full year 2019 results released on Monday at the Nigerian Stock Exchange (NSE), showed strong growth across key income and balance-sheet lines. Gross Earnings grew by 14.0% to...

…Observes a minute silence for deceased lawmaker, Rose Oko   The National Assembly on Tuesday adjourned plenary for two weeks to resume April 7, 2020. The resolution to so do was reached during a closed session by the Upper Chamber, and announced by the President of the Senate, Senator Ahmad...

The Central Bank of Nigeria (CBN) on Tuesday retained the benchmark interest rate at 13.5 per cent to further allow its policy effect on the system and the current palliative measures adopted by the bank to ameliorate the impact of Covid-19 on the economy. The bank said the reduction in...

  Nigeria has recorded two new cases of COVID-19, bringing the total number of confirmed cases in the country to 44. Announcing this Tuesday, the Nigeria Centre for Disease Control (NCDC) said one was from the Federal Capital Territory (FCT), while the other came from Bauchi State. It said: “The...