archiveMay 12, 2020

  Sam Adeyemi, senior pastor of the Daystar Christian Centre has urged christians to remain calm during this period of the ravaging COVID-19 pandemic. Adeyemi who expressed displeasure over the devastating effect of the pandemic, said he is quite pained churches are closed but however everyone must bear with the...

The key performance indices of the Nigerian Stock Exchange (NSE) dropped further on Tuesday by 1.06 per cent amid profit-taking in some blue chips. Consequently, the market capitalisation lost N133 billion to close at N12.349 trillion against N12.482 trillion recorded on Monday. Also, the All-Share Index, which opened at 23,950.83...

The Presidential Task Force (PTF) on COVID-19 has warned Nigerians against sharing of facemasks as well as recycling of those picked from dump sites. Mr Boss Mustapha,  the Chairman of the PTF and Secretary to the Government of the Federation, gave the warning at the daily press briefing of the...

Gov. Babajide Sanwo-Olu of Lagos State on Tuesday swore in eight new judges in the state, saying that COVID-19  pandemic should not slow the pace of administration of justice. The eight judges took the oath before the Governor and members of the state’s cabinet at a ceremony held in the...

The Nigerian National Petroleum Corporation (NNPC) says it recorded ₦211.62 billion sale of white products in February. The white products are Kerosene, Diesel and Premium Motor Spirit (PMS), also known as petrol. The corporation disclosed this in its Monthly Financial and Operation Report (MFOR), released in Abuja on Tuesday. The...

The Central Bank of Nigeria (CBN)  has revealed that it perfecting modalities by which grants and other long term facilities would be made available for researchers to come up with a Nigerian local solution to the Novel Coronavirus (COVID-19) disease. Speaking on Tuesday at the commissioning of the Thisday Dome...

The  Sokoto Zonal Office of the Economic and Financial Crimes Commission (EFCC)  has  arrested two Chinese:  Mr. Meng Wei Kun and Mr. Xu Koi for offering  N50 million only as bribe to its Zonal Head,   Mr. Abdullahi Lawal. The suspects were arrested on Monday, May 11,  2020 in Sokoto. The...

AIICO Insurance Plc., has announced gross written premiums for the year ended Dec. 31, 2019, which rose by 33 per cent to N50.1 billion from N37.7 billion in 2018. The firm, in a statement made available to the News Agency of Nigeria (NAN) on Tuesday in Lagos, announced the performance...

The Senate on Tuesday considered a critical bill which seeks to boost advanced healthcare service delivery in Nigeria to act as safeguard and response to medical emergency in the future. The piece of legislation sponsored by Senator Sandy Onor (PDP – Cross River Central), seeks to establish the Advanced Healthcare...

The Manufacturers Association of Nigeria (MAN) has appealed to Federal Government to map out strategies that would assist its members to overcome effects of lockdown and movement restrictions caused by COVID-19 pandemic. Its Director of Economics and Statistics, Dr Oluwasegun Osidipe, made the appeal on Tuesday in an interview with...