archiveApril 2020

Dr Akinwumi Adesina, President, African Development Bank (AfDB), says he will continue to discharge his responsibility diligently to lead bank’s bold mission for Africa’s accelerated development. In a statement on Monday, Adesina said he would discharge his responsibility with the highest level of professionalism, dedication and unshaken resolve. He was...

United Bank for Africa (UBA) on Monday fixed April 29 as the new date for its 2019 Annual General Meeting (AGM) earlier postponed due to the COVID-19 pandemic. The bank in a notice of the AGM signed by Mr Bili Odum, the Group Company Secretary, posted on the Nigerian Stock...

The Standards Organisation of Nigeria (SON) has warned Nigerians to avoid purchasing fairly used, expired and stuffed-in tyres to safeguard their lives and property. Mr Bola Fashina, Special Assistant to SON Director-General gave the warning on Monday in Abuja in an interview with the News Agency of Nigeria (NAN). Fashina...

President Muhammadu Buhari has approved the withdrawal of 150 million dollars from the Nigeria Sovereign Investment Authority (NSIA) Stabilization Fund to support the June 2020 FAAC disbursement. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed disclosed this during a news conference on the fiscal stimulus measures in...

Sen. Eze Ajoku, President, Coalition of Societies for the Rights of Older Persons in Nigeria (COSROPIN), has urged the Federal and State Governments to engage CSOs and NGOs in the distribution of palliatives to vulnerable Nigerians. Ajoku, who is also the first Vice Chairman, Nigeria Civil Society Organizations Strategy Group...

The Federal Government has provided N102.5 billion in resources for direct interventions in the country’s healthcare sector, Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, has said. Ahmed made this known at a news conference on fiscal stimulus measures in response to COVID-19 pandemic and oil prices fiscal...

The Federal Road Safety Corps (FRSC), RS2 Command, Lagos, says motorists’ compliance to the Federal Government’s lockdown directives is more than 80 per cent in Ogun and Lagos States. Mr Samuel Obayemi, the FRSC Zonal Commanding Officer in charge of Ogun and Lagos States, told News Agency of Nigeria (NAN)...

The Federal Government says it has applied for $3.5 billion request from International Monetary Fund (IMF) and African Development Bank (AfDB) to access concessional funding to support the implementation of the 2020 Budget. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed disclosed this during a news conference...

Nollywood star, Funke Akindele, and her husband, AbdulRasheed Bello, on Monday pleaded guilty to flouting social distancing regulation. The couple admitted guilt before  Chief Magistrate Yewande Aje-Afunwa in Ikeja. The chief magistrate stood down the case after the arraignment of the couple. She may give sentence when proceedings resume after...

  The Joint Admissions and Matriculation Board (JAMB) has de-listed nine Computer-Based Test (CBT) centres from the list of approved centres in the just concluded 2020 Unified Tertiary Matriculation Examination. JAMB, in its weekly bulletin, published every Monday in Abuja said the centres were de-listed due to technical deficiency to...