archiveMay 2020

Commercial Banks in Lagos State on Monday  witnessed very  large turnout of customers flooding banking premises to carry out various transactions, a check by News Agency of Nigeria (NAN) revealed. A NAN correspondent who visited few banks around Ikotun-Egbe, Ejigbo-Isolo and Okota axis of Lagos reports that the crowds at those...

The All Progressive Congress (APC) National Leader, Chief Bola Tinubu, on Sunday urged the Central Bank of Nigeria to reduce interest rates  to avoid stifling domestic investment and income during COVID-19 crisis. Tinubu made the call in a statement in Lagos. The APC leader said that the reduction would make...

Dr Olayiwola Olubamiwa, the Executive Director, Cocoa Research Institute of Nigeria (CRIN), Ibadan, has advocated for rehabilitation of cocoa industry to improve Nigeria’s economy. Olubamiwa told the News Agency of Nigeria (NAN) on Monday in Ibadan that the rehabilitation of the industry would serve as panacea to the current economic...

The European Commission hopes to raise at least 7.5 billion euros (8.2 billion dollars) at an international pledging conference on Monday to help develop a coronavirus vaccine to be used globally. Monday’s target is seen as the start of a global campaign to make the medical progress and health care investment needed to...

Spain on Monday reported a sharp fall in the number of new cases of COVID-19, the respiratory disease caused by the new coronavirus, in the latest 24-hour period. As of 21.00 Sunday local time (1900 GMT), the Spanish Ministry of Health, Consumer Affairs and Social Services confirmed just 356 new...

Fidelity Bank says it will continue to take measures that will ensure the safety of customers, staff and other stakeholders during the period of COVID-19. The bank, in a statement on Monday, said its Chairman, Mr Ernest Ebi, gave the reassurance at the bank’s 32nd Annual General Meeting (AGM) held...

Britain said on Monday that China had questions to answer over the information it shared about the novel coronavirus outbreak, but refused to comment on reports that a U.S.-led intelligence consortium had accused Beijing of a cover-up. The U.S. has scaled up its rhetoric over Chinese culpability for the coronavirus...

  ...gifts ambulance to state As people are on a total lockdown in Lagos State, no thanks to the ravaging Covid-19 pandemic, the General Overseer of Mountain of Fire and Miracles Ministries worldwide, Dr. Daniel Olukoya took the initiative to feed thousands of the vulnerable residents of the Lagos Mainland...

 The National Bureau of Statistics (NBS) says more than 82.9 million Nigerians are poor by national standards. The NBS made this known in its report on Poverty and Inequality in Nigeria 2019, released on Monday. It explained that the figure showed that 40.1 per cent of total population were classified...

Access Bank Plc on Monday denied news making rounds that it would sack 75 per cent of its workforce and as well close over 300 branches. The bank denied this in a statement signed by Mr Sunday Ekwochi, its Company Secretary, posted on the Nigerian Stock Exchange (NSE) website. It...