archiveMay 2020

The Nigerian Stock Exchange (NSE) resumed trading for the month of May with an increase of 0.30 per cent just as the country eases lockdown. Specifically, the All-Share Index rose by 68.85 points or 0.30 per cent to close at 23,089.86 against 23,021.01 achieved on Thursday. Similarly, the market capitalisation...

The outgoing Vice-Chancellor, Federal University of Petroleum Resources (FUPRE), Effurun in Delta, Prof. Akaehomem Ibhadode, has called on the Federal Government to adequately fund the nation’s universities. Ibhadode, who made the call at his valedictory press briefing on Monday in Effurun, said inadequate funding had hindered research works in FUPRE....

First Bank has disclosed that its customers made transfers over 106 million times with a total value of about N8.18 trillion across its digital channels during the five weeks lockdown. The bank also recorded approximately 12.6 million withdrawals amounting to about N156 billion across its ATMs across the country. Equally,...

A former Permanent secretary, Ministry of Defence, General Olu Bajowa (rtd), has distributed over 9,000 food packages and face masks to residents of Okitipupa Local Government, to curtail further spread of coronavirus in Ondo state. Also, Bajowa distributed cash gifts to traditional rulers, widows, elderly and other indigent residents to...

At the Extra-Ordinary Session of the Specialized Technical Committee on Education, Science and Technology held virtually on 30th April 2020, HP and the African Union Commission (AUC) agreed to join efforts to expand digital learning opportunities for all youth in 55 AU Member States. Both entities have agreed to collaborate...

  Medical doctors under the employ of Lagos State Government yesterday expressed worry over-relaxation of the lockdown in the State, disclosing that 16 members of the Medical Guild have been infected with COVID-19. Speaking at a press conference in Lagos, the Chairman of the Medical Guild, Dr Oluwajimi Sodipo who...

Following its recent announcement giving premium refunds to customers with active motor vehicle policies during the lockdown period, Wapic Insurance, one of Nigeria’s leading underwriters, has gone further to offer health workers across Nigeria a 15 per cent discount on new policies taken up in 2020 to help cushion financial...

  Former President Goodluck Jonathan Foundation (GJF), says the current COVID-19 pandemic ravaging the continent is exposing the long history of failure of governance in African continent. The Foundation added that if not addressed promptly it might lead to the collapse of many African states. The foundation stated this during...

The Lagos State Ministry of Health, on Monday, announced two more COVID-19 related deaths, as the number of confirmed cases in the state increased to 1,123. The ministry disclosed this on its Twitter account. It, however, did not give additional information about age, sex, nationality and medical history of the...

The Federal Government of Nigerian on Monday announced the repatriation of $311,797,866.11 recovered assets of Late General Sani Abacha. The money was repatriated from the United States and the Bailiwick of Jersey, the Attorney-General of Federation and Minister of Justice, Abubakar Malami, said in a statement. The statement, signed by...