archiveApril 7, 2020

The leadership of the National Assembly has faulted the way the Social Investment Programme of the Federal Government is being implemented and called for an enabling legislation in line with global best practices. The President of the Senate, Ahmad Lawan and the Speaker of the House of Representatives, Rt. Hon....

The Nigerian Stock Exchange (NSE) rebounded on Tuesday with a growth of 1.24 per cent, after a loss of over N200 billion in the preceding trading session. Specifically, the market capitalisation, which opened at N10.771 trillion, rose by N134 billion or 1.24 per cent, to close at N10.905 trillion. Also,...

The European Union is set to give 15 billion euros’ (16.3 billion dollars’) worth of support to Africa and other regions of the world for their efforts to fight the coronavirus pandemic. “In a few weeks, Africa and our neighbours could be facing the same enormous challenges that we here...

The Katsina State Government has confirmed the death of a medical doctor, Dr Aliyu Yakubu, affected by the Coronavirus. The deceased, aged 60, died at the Nigeria Air Force Reference Hospital, Daura three days ago. Gov. Aminu Masari, who made the disclosure at a press conference on Tuesday in Katsina,...

The Peoples Democratic Party (PDP) has advised the Federal Government to announce the total removal of petroleum subsidy and under-recovery through a policy statement.   The party gave the advice in a statement issued by its National Publicity Secretary, Mr Kola Ologbondiyan on Tuesday in Abuja.   Ologbondiyan  described Monday’s...

The Visa Foundation says it has committed 210 million dollars to two programmes to support small and micro businesses to address urgent needs from local communities following the spread of COVID-19. Mr Al Kelly, Chairman, Visa, said on Tuesday in Lagos that the support was in alignment with the foundation’s long-term focus...

The Comptroller-General of Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), has approved the release of 46,000 metric tons of rice, 36,495 kegs of vegetables oil and other items valued at N3.2 billion for distribution. The Customs’ Public Relations Officer, Mr Joseph Attah, made this known in a statement in...

  The Nigerian Stock Exchange (NSE) rebounded on Tuesday with a growth of 1.24 per cent, after a loss of over N200 billion in the preceding trading session. Specifically, the market capitalisation, which opened at N10.771 trillion, rose by N134 billion or 1.24 per cent, to close at N10.905 trillion....

As the House of Representatives considers passing a stimulus bill to ensure free electricity supply for two months, Nigerians have expressed feelings for the proposal. News Agency of Nigeria (NAN) reports that the Speaker of the House of Representatives Femi Gbajabiamila has said that the aim of the bill was...

The International Monetary Fund (IMF) on Tuesday promised to promptly work on Nigeria’s request for financial assistance. Nigeria’s Finance Minister, Zainab Ahmed, had, during a press briefing on Monday, announced that the country had requested for financial assistance from the IMF, World Bank, the African Development Bank (AfDB) and others...