archiveMay 18, 2020

  The Nigerian Stock Exchange (NSE) resumed trading for the week on Monday on a positive trend, with the market capitalisation rising by N37 billion. Speficially, the market capitalisation which opened at N12.440 trillion rose by N37 billion to close at N12.477 trillion, indicating by 0.30 per cent. Also, the...

The Nigeria Employers’ Consultative Association (NECA) says incessant obstructions, caused by the Nigeria Customs Service, are hindering the ease of doing business by the manufacturing companies. Its Director-General, Mr Timothy Olawale, said in a statement on Monday that such act was jeopardising the Federal Government’s efforts at promoting ease of...

The Federal Ministry of Education says letters regarding locations of the six newly approved Federal Colleges of Education in the country have been sent to governors of the six benefitting states. This is contained in a statement by the ministry’s Director, Press and Public Relations, Mr Ben Goong, Director, and...

  Despite the destruction to major economic activities in the quarter, the National Bureau of Statistics (NBS) says N338.94 billion was generated as Value Added Tax (VAT) in the first quarter (Q1) of 2020. The NBS made this known in its latest Sectoral distribution of VAT data for Q1, 2020...

The United Bank for Africa Plc (UBA), on Monday, upgraded its mobile banking applications with unique and exciting features that would make banking easy for Nigerians. Mr Sampson Aneke, the Group Head, Digital Banking, at an online media parley in Lagos, said the bank’s aim was to establish digital dominance...

The Pharmaceutical Society of Nigeria (PSN) has urged Federal Government not to rely on importation but intensify research into the development of home-grown cure for COVID-19 in the country. Dr Abiodun Ayeku, Chairman, PSN Ondo State Chapter, said this in an interview with the News Agency of Nigeria (NAN) in...

Alhaji Mohammed Omadefu, member representing Keana constituency at the Nasarawa State House of Assembly has advocated better welfare and palliatives for journalists in view of the novel coronavirus (COVID-19) pandemic. Omadefu, who is also the Chairman, House committee on Information, made the call on Monday when he visited media outfits...

  The Director-General of the Nigeria Centre for Disease Control (NCDC), Dr. Chikwe Ihekweazu, has said that one of his biggest challenges in scaling up testing across the country lies in the maintenance of laboratories for testing COVID-19. He explained that until recently, many laboratory equipment worth millions of Naira...

President Muhammadu Buhari on Monday met behind closed doors with retired Gen. T. Y. Danjuma at the Presidential Villa, Abuja. The agenda of the meeting between the President and the visiting elder statesman, whose last visit to the State House, was over three years ago, was unknown. Danjuma also did...

As Ondo State has managed the containment of COVID-19, indications have emerged that worship centres in the state might soon be allowed to open. Governor Oluwarotimi Akeredolu gave the indication on Monday during his weekly briefing on update on COVID-19 in the state. The Governor said he would meet with...