archiveJuly 20, 2020

Nigeria risks another pandemic if it fails to take advantage of opportunities presented by COVID-19 to develop its health infrastructure, the Federal Government has warned. Secretary to the Government of the Federation (SGF) Mr Boss Mustapha raised the alarm while inaugurating the Board of Experts (BoE) of the Healthcare Sector...

Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public of the appointment of Mrs Nneka Onyeali-Ikpe, as the incoming Managing Director/Chief Executive Officer, effective Jan. 1, 2021. The bank made the announcement on Monday in a notice on the NSE website, signed by Ezinwa Unuigboje,...

Airtel Africa, a leading provider of telecommunications and mobile money services in 14 countries across sub-Saharan Africa, is scaling up its operations with WorldRemit, the global digital money transfer service that operates in over 50 send countries to over 150 receive countries. Building on the successful connection to Airtel Money...

The Economic and Financial Crimes Commission (EFCC) Port Harcourt's Zonal office on Monday, July 20, 2020 arraigned Nkechi Mercy Ikogwe, Elites Finance Investment Limited and Efinc Global Investment Limited before Justice E.A Obile of the Federal High Court sitting in Port Harcourt, Rivers State on a three count charge bordering...

The Chief of Army Staff, Tukur Buratai, on Monday emerged from a meeting with the President, Muhammadu Buhari on Monday on the deteriorating security situation across the country, saying he has done well. Speaking with State House correspondents at the end of the meeting with the President on Monday he...

The acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Pondei, has said the commission spent N1.32 billion as ‘COVID-19 relief funds’ for staff, not N1.5 billion as reported in the media. Pondei said this during Monday’s hearing by the House of Representatives’ NDDC committee on the...

Inspector General of Police (IGP) Mohammed Adamu, on Monday said 41, 863 officers and men across various ranks have been promoted since January 2019 when he took office. Adamu, who disclosed this at the decoration ceremony of newly promoted senior police officer at the Force Headquarters in Abuja, said the...

The Economic and Financial Crimes Commission (EFCC) Lagos Zonal Office, on Monday, July 20, 2020 arraigned nine suspected Illegal oil dealers and a Vessel, M. V. Laida, before Justice Muslim S. Hassan of the Federal High Court, sitting in Ikoyi, Lagos on three-count charges bordering on conspiracy and illegal dealing...

The Central Bank of Nigeria (CBN), says it has received more than 20 applications requesting for N67 billion grants under its Healthcare Sector Research and Development Intervention Scheme (HSRDIS). The CBN Governor, Mr Godwin Emefiele disclosed this during the inauguration of the Body of Experts (BoE) for Scheme in Abuja...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its meeting on Monday retained its Monetary Policy Rate (MPC) which measures the interest rate at which the apex bank lends to commercial banks, at 12.5 per cent. It maintained that tightening the rate at this time...