archiveApril 25, 2020

The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA)  says it has become necessary to review the near one-month old lockdown order and replace it with a more strategic approach favourable to the Nigerian economy. Its Director-General, Amb. Ayoola Olukanni gave the advice in a statement to...

  …As govt reopens secretariat to workers on GL 13 and above on Monday …commends FG on fight against pandemic Oyo State governor, Engineer Seyi Makinde, disclosed on Saturday, that no fewer than 120,000 households and groups will benefit from the palliatives being planned by the state. Governor Makinde, who...

An economist, Dr Boniface Chizea, on Saturday in Lagos urged the Federal Government to consider gradual unlocking of sectors of the economy as it continues to fight COVID-19 spread. Chizea, the Managing Director of BIC Consultancy Services, told the News Agency of Nigeria (NAN) that gradual unlocking of the economy...

says homegrown efforts should be encouraged efforts commendable-Makinde The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi Ojaja II, on Saturday, donated two locally-fabricated modular fumigators and drones to the Oyo State government to assist the state in its effort to contain the spread of the novel Coronavirus. Oba Ogunwusi, who...

The Osun government, on Saturday, said that the state had recorded 12 fresh cases of Coronavirus disease. The state Commissioner for Health, Dr Rafiu Isamotu, disclosed this in a statement issued in Osogbo. Isamotu said that the tests conducted on 167 persons confirmed 12 as positive. He said that the...

  The Managing Director of Maxifund Securities Limited, Mazi Okechukwu Unegbu, has advised Nigerian banks to grant their debtors who had suffered huge losses in the aftermath of COVID-19, a generous leeway that would enable them to bounce back and be able to settle their credit obligations. Unegbu who is...

  The Nigerian Stock Exchange (NSE)  All-Share Index and Market Capitalization both depreciated by 1.41 per cent to close the week at 22,599.38 and N11.778 trillion respectively. All other indices finished lower with the exception of NSE Insurance, NSE ASeM, NSE Meri Growth and NSE Industrial Goods, which appreciated by...

The Nigeria Union of Journalists (NUJ), FCT, on Saturday began distribution of various food items to its members as part of efforts to ameliorate the impact of the lockdown occasioned by the COVID-19 pandemic. Chairman of the council’s Committee on Covid-19 Intervention and Awareness, Osaretin Osadebamwen said this in a...

The World Health Organisation (WHO) has disclosed that there is no evidence that people who recovered from Coronavirus (COVID-19) cannot be re-infected. In a “Scientific Brief” released from its headquarters in Geneva on Saturday and posted on its website, WHO warned against propagating the idea of COVID-19′ immunity passport.’ “Some...

To avoid further damage to the nation’s economy, Equity International Initiative (EII), a non-governmental organization, has cautioned the federal and various state governments against further lockdown of the country as it said this may lead to a total collapse of the nation’s economy. Addressing a world press conference in Jos,...