archiveMarch 25, 2020

Finance Minister, Mrs Zainab Ahmed, has hinted of the readiness of the Federal Government to review the 2020 budget using the $30 per barrel price benchmark as against $57 per barrel benchmark used for the passage of the budget by the National Assembly in December last year. Ahmed, who disclosed...

The International Monetary Fund  (IMF) and World Bank on Wednesday announced a hold on debt payments from Nigeria and other sub-Saharan Africa nations so that they can battle the coronavirus pandemic. Debt Management Office in January stated that the Federal Government and the 36 states, as well as the Federal...

    …says single coronavirus case in State responding to treatment As part of measures put in place by the Oyo State government to contain the spread of the COVID-19 pandemic in the state, the government, on Wednesday, directed civil and public servants in the employment of the state, local...

  President of the Senate, Ahmad Lawan on Wednesday received a letter of appointment as the Sardauna of Bade by The Mai Bade, Mai Abubakar Umar Suleiman. Bade is an Emirate in Yobe State and the Mai Bade is the Paramount ruler of the emirate with headquarters in Gashua, home...

 The Central Bank of Nigeria (CBN) says it has triggered business continuity plans to ensure the bank’s operations remain uninterrupted despite COVID-19 outbreak in the country. Mr Isaac Okorafor, the CBN Director of Corporate Communications Department, said this in a statement in Abuja on Wednesday. Okorafor disclosed that the apex...

Trading on the Nigerian equity market returned to negative territory on Wednesday with 0.05 per cent dip or losses in MTN Nigeria and six other stocks. Consequently, the All-Share Index dropped 11.68 points or 0.05 per cent to 21,729.48 compared with 21,741.16 recorded on Tuesday. Also, the market capitalisation dipped...

  Kaduna State Government on Wednesday announced total ban on the use of motorcycles and tricycles, as part of measures to prevent the spread of COVID-19. In addition, the government has withdrawn all official vehicles and limited the number of passengers in buses to two per row. The government emphasized...

The World Health Organisation, (WHO), has appealed to African countries to unite in the fight against Coronavirus (COVID-19), after it made an assessment of the virus as a pandemic. WHO made the call through its Risk Communication Officer, Hawa Sesay, on Wednesday in Abuja, at a one-day media orientation workshop...

 The Central Bank of Nigeria (CBN) has released guidelines for operations of N100 billion credit support for the healthcare sector following the outbreak of COVID-19 in the country. In a circular signed by Mr Kevin Amugo, Director Financial Policy Regulation Department on Wednesday, the apex bank indicated that indigenous pharmaceutical...

  Leadership of the  National Assembly on Wednesday met with some ministers and heads of agencies of Federal Government to brainstorm on impact of COVID-19 pandemic on Nigerian economy. Ezrel Tabiowo, Special Assistant, Press to President of Senate,  Ahmad Lawan in a statement,  indicated that the meeting focused on planned...