archiveMay 15, 2020

The Lagos University Teaching Hospital (LUTH), Idi-Araba, said Friday a 33-year-old COVID-19 patient had been delivered of a baby boy at the hospital. The Chairman of the Medical Advisory Committee, LUTH, Prof. Wasiu Adeyemo, who disclosed this in a statement, said both mother and son were doing well. He said:...

The Nigerian Stock Exchange (NSE) on Friday moved a total of 221.45 million shares valued at N2.45 billion in 4,336 deals. This was against a turnover of 182.74 million shares worth N2.33 billion achieved in 4,542 deals on Thursday, representing an increase of 21.18 per cent. Market capitalisation of listed...

Dr Uche Olowu, outgoing Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN), has urged stakeholders in the banking industry to leverage on emotional intelligence to build ethical leadership in the sector. Olowu, also the 20th President of CIBN, made the call while delivering his presidential valedictory address via...

The Federation Accounts Allocation Committee (FAAC) has shared N606.196 billion to the three tiers of government for the month of April. Mr Hassan Dodo, Director of Information in the Ministry of Finance, Budget and National Planning, made this known in a statement in Abuja on Friday. Dodo said the meeting,...

    NAFDAC registration of MSMEs now discounted 80% for 6 months Zero tariffs for first 200 businesses to register on the e-platform Waiver on administrative charges The Federal Government has issued a set of palliatives to help MSMEs wade through the current economic fallouts of the COVID-19 pandemic. According...

  Ecobank Nigeria has reiterated that its agency banking scheme, also known as Xpress Points, is building entrepreneurs and pushing financial inclusion to the large unbanked and under-banked population in Nigeria. The Ecobank Xpress Point enables eligible Agents to carry out financial transactions on behalf of Ecobank and earn commission...

  The African Development Bank ( ADB)  has debarred  China Zhonghao Limited,  employer of two Chinese recently arrested by operatives of the Economic and Financial Crimes Commission (EFCC)  for offering a bribe of N100 million to one of its officer,  for 18 months, for fraudulent practices.   The company was debarred...

  The Economic and Financial Crimes Commission, EFCC, on Friday, May 15, 2020, handed over a property forfeited by former Minister of Petroleum Resources, Diezani Allison-Madueke to the Lagos State government for use as an isolation centre for COVID-19 patients. The property consisting six flats of three bedrooms and a...

The Nigerian Stock Exchange (NSE) on Friday listed FBNQuest Merchant Bank N5 billion three-year 10.50 per cent bond on the bourse. The listing was commemorated with a digital closing gong done due to the COVID-19 pandemic in the country. Commenting on the listing, Mr Oscar Onyema, NSE Chief Executive Officer,...

A Jos-based NGO, Youth Initiative Against Violence & Human Rights Abuse (YIAVHA), has called on the Plateau government and Nigeria Army, to conduct transparent investigation into the killing of Rinji Bala, a 300 level student of University of Jos. Bala was allegedly gunned down by a military personnel attached to...