archiveApril 30, 2020

Former Vice President Atiku Abubakar has called for diversification of the economy to save the nation from recession. He identified agriculture as the primary sector for development because it is a low hanging fruit and key to ensuring food subsistence. He also advised that Nigeria should begin to invest in...

The National Agency for Food and Drug Administration and Control (NAFDAC) has urged the general public to disregard the trending social media claims on Golden Penny semolina. The Director General of the agency, Prof. Mojisola Adeyeye, made the call in a statement issued on Thursday in Abuja. According to Adeyeye,...

The Italian government has approved the use of a mobile phone app to support contact-tracing efforts in the fight against the spread of novel Coronavirus (COVID-19). The decision was taken in an overnight cabinet meeting, the government said on Thursday in a statement. The use of the app, known as...

The Nigerian Bar Association (NBA) on Thursday presented a policy handbook to commemorate its 59th Annual General Conference held last year in Lagos. The News Agency of Nigeria (NAN) reports that the 59th Annual General Conference of the NBA under the Paul Usoro-led administration was held in August 2019, with...

The Lagos Chamber of Commerce and Industry (LCCI) on Thursday said donations by Coalition Against COVID-19 (CACOVID) should be utilised directly for acquisition of needed items to achieve its purpose. Its Director-General, Dr Muda Yusuf, said this in a statement in Lagos while underlining the need for the private sector...

  The latest report from the Nigeria Investment Promotion Council (NIPC) has shown that Nigeria’s real sector investment shrank by $7.89 billion or 62 per cent in the first quarter of 2020 compared to the same period of 2019. The report titled Report of Investment Announcements, Q1 2020, revealed that...

  The International Monetary Fund (IMF) revealed on Wednesday that Nigeria’s oil and gas exports are envisaged to plunge by a minimum of $26.5 billion as oil prices take a bashing from the coronavirus pandemic. Nigeria told the IMF in its application for an emergency financial assistance that crash in...

  The $3.4 billion emergency funding for Nigeria on Tuesday by the International Monetary Fund (IMF) is a repayable loan approved to help the country cushion the impact of the coronavirus pandemic on her economy, the Bretton wood Group clarified on Wednesday. The IMF also mentioned the two conditions attached...

A report by Yiaga Africa’s Centre for Legislative Engagement has said that the National Assembly did not live to expectations to matters relating to the COVID-19 policies and actions especially regarding playing its watchdog roles on the federal government. The report entitled: “Assessing the National Assembly’s Response to COVID-19”, evaluated...