archiveMarch 2020

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...

  The Lagos State Government has ordered the closure of all open markets and stores for seven days, beginning from Thursday, March 26, so as to curb the spread of coronavirus Gov. Babajide Sanwo-Olu said that the directive was with exception of sellers of food and medicines, medical equipment and...

  Any company that does not lay off its staff till the end of the year would have the federal government refund 50 per cent of the income tax paid on its employees’ salaries, a bill passed by the House of Representatives on Tuesday has said. As COVID-19  ravages the...

Vice President Yemi Osinbajo is currently in self-isolation following the positive result of the test carried out on the Chief of Staff to the President, Mallam Abba Kyari, by the National Centre for Disease Control. THISDAY was also informed that some presidential villa officials were currently in isolation because they...

Ebonyi Governor, Dave Umahi, says states in the South-East zone were yet to record any confirmed case of coronavirus. He said that was the reason religious centres were not shut initially. Umahi who is the Chairman of the South-East Governors Forum, spoke to the media on Tuesday in Abakaliki. He...

The Academic Staff Union of Universities (ASUU) has condemned the fact that politicians are the ones leading the battle against coronavirus also known as COVID-19 instead of Nigerian scientists. Speaking at a news conference in Abuja on Monday, ASUU President, Prof. Biodun Ogunyemi who lamented the development also said that...