archiveJune 19, 2020

Namibia’s Bank Windhoek has reduced its prime lending rate to a record low of 7.75 per cent, making it the country’s first lender to do so following the central bank’s recent decision to cut the repo rate. Diederik Kruger, Head of Funding and Liquidity Management at Bank Windhoek, said on...

The Economic and Financial Crimes Commission (EFCC) has said that it will not ignore issues of corruption in communities across the country. Usman Imam, Head of the EFCC Zonal office in Port Harcourt made the declaration on Friday June 19, 2020 when he received members of a community-based Non- Governmental...

The Presidency has deplored a report issued by the All-Party Parliamentary Group on International Religious Freedom or Belief (APPG), which it said had misrepresented issues in Nigeria. The APPG, a United Kingdom-based organisation, in its report released on June 15, had claimed that the Nigerian government was allowing armed Islamist...

The Association of Power Generation Companies (APGC) has appointment of Mr. Omatseyin Akene Ayida as the Chairman, Board of Trustees, following the retirement of Mr. Emmanuel N. Nnorom from the Board, having completed his four-year tenure in line with the Association’s governance charter. The announcement was made at the Association’s...

The ruling All Progressives Congress (APC) has dismissed the defection of Edo State Governor Godwin Obaseki to the Peoples Democratic Party (PDP) as insignificant. The National Publicity Secretary of the party, Mallam Lanre Issa-Onilu, told The Nation on telephone that Obaseki’s move to the PDP was never a surprise. “It...

Indications have started emerging that clinching the PDP governorship ticked by the Edo State Governor, Godwin Obaseki, who officially decamped from the party on which he contested and won first-term ticked, the All Progressive Congress (APC), would not be stroll in the park, as other contestants in the party have...

The wave of mass protests against racism and police violence has not resulted in a significant increase in the number of COVID-19 cases in the U.S., media reported, citing preliminary studies. In Minnesota, which is the epicentre of the protests, 1.8 per cent of 3,200 protesters, who tested for COVID-19...

Malala Yousafzai who was shot in the head by Taliban gunmen eight years ago as she campaigned for girls’ rights to education, is now an Oxford graduate. The Pakistani-born activist, now 22, this week completed her degree in philosophy, politics and economics at England’s prestigious University of Oxford. “Hard to...

Edo Governor Godwin Obaseki has joined the Peoples Democratic Party (PDP). He joined the opposition party at its State Secretariat in Benin on Friday. The party confirms the development in a tweet on his official handle. Obaseki had been disqualified from seeking reelection by the ruling All Progressives Congress(APC) on...

A Chief Magistrates’ Court in Gwagwalada, FCT, on Friday ordered Zenith Bank PLC to reverse payment of 8,541 dollars from the account of one of its customers, Mr Ida Gabriel. Delivering judgment, Magistrate Aliyu Shafa, held the defendant (Zenith Bank Plc) was not able to prove to the court that...