archiveMay 2020

The Central Bank of Nigeria (CBN) has revised timelines for reversals and/or resolution of refund complaints on electronic channels with effect from June 8, 2020. According to the CBN, in a statement on Sunday, the bank stated that with regards to failed transaction, “On-Us” ATM transactions (when customers use their...

    The Governor of Ekiti State, Dr. Kayode Fayemi on Sunday relaxed the lockdown in the state with residents to go about their businesses Mondays through Fridays from 6am to 8pm. Fayemi who disclosed this in a state-wide broadcast Sunday evening, added that public officers on Grade Level 8...

    The Chief Press Secretary to the governor of Oyo State, Engineer Seyi Makinde, Mr. Taiwo Adisa, has counselled stakeholders in the state to desist from politicising the location of the newly inaugurated Police Mobile Force 72 Squadron base in Ago-Are, in Oke-Ogun axis of the state. A statement...

Minister of Labour and Employment, Chris Ngige says there will be consequences if the striking Academic Staff Union of Universities (ASUU) refuse government’s overture to return to the negotiating table. Ngige disclosed this on Sunday in a statement signed by his media aide, Emmanuel Nzomiwu, in Enugu. The statement said...

A former Military Governor of Kaduna State, retired Colonel Abubakar Dangiwa Umar, has warned President Muhammadu Buhari that his “skewed” appointments into federal positions will bring ruin to Nigeria and will leave his Administration with no record to refer to. Umar, in an Open Letter to the President, said history...

  The Nigerian Stock Exchange (NSE) All-Share Index and Market Capitalization both appreciated by 0.25 per cent to close the week at 25,267.82 and N13.168 trillion respectively. All other indices finished higher with the exception of NSE Meri Value and NSE Oil/Gas Indices which depreciated by 2.99 per cent and...

The Senate on Sunday called on the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) to submit to its lawful probe rather than throwing tantrums in the media. Chairman Senate Committee on Media and Public Affairs, Senator Ajibola Basiru, in a statement in Abuja, said the probe...

Pope Francis said on Sunday that people are more important than the economy, as countries decide how quickly to reopen from the coronavirus lockdowns. Francis made his comments, departing from a prepared script, at the first noon address from his window overlooking St. Peter’s Square in three months as Italy’s...

The Edo State Governor, Mr. Godwin Obaseki, has ordered thorough investigation into the circumstances that led to the death of Miss Vera Uwaila Omozuwa, a 100-level student of the Department of Microbiology, University of Benin (UNIBEN), in Ikpoba Hill axis of Benin City, the state capital. Miss Omozuwa was alleged...

There is hope for a Covid-19 vaccine with eight out of 100 worldwide projects going into clinical trial stage this week, with health experts however concerned by whether when finally approved, there will be enough for the whole world. James Zhan, director of investment and enterprise at the United Nations...