archiveJuly 2020

Prof. Uche Uwaleke, an economist on Tuesday commended the Central Bank of Nigeria (CBN) for its plan to scale up the N50 billion credit to accommodate more households and Small and Medium Enterprises ( SMEs). Uwaleke, an expert on Finance and Capital Markets at the Nasarawa State University Keffi, made...

Fitch Ratings, the global credit rating agency has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’ with stable outlook. The AfDB Communications and External Relations Department made this known in a statement in Abuja on Tuesday. The statement quoted the agency as saying “the ‘AAA’...

Prof. Sulyman Abdulkareem, the Vice Chancellor of the University of Ilorin (UNILORIN), has said that the university, with support from the Central Bank of Nigeria (CBN), is embarking on a poultry project worth N600 million. Abdulkareem made this disclosure on Tuesday while inaugurating the Mycroplasma Diagnostic and Research Laboratory of...

A human rights activist and author, Comrade Paul Njoku, has called on the Nigerian Air Force (NAF) to release the Closed Circuit Television (CCTV) footage of how the late first female combat flying officer, Tolulope Arotile, was killed in a car accident inside the NAF Base in Kaduna. NAF, had...

The President Muhammadu Buhari has written the House of Representatives to seek approval for the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper. The Speaker, Femi Gbajabiamila, read Buhari’s letter at the opening of plenary on Tuesday. The Federal Executive Council had on Wednesday approved the MTEF/FSP, with N12.66tn...

The Speaker of the House of Representatives, Femi Gbajabiamila has directed the Minister of Niger Delta Affairs, Godswill Akpabio to publish the names of lawmakers taking contracts from the Niger Delta Development Commission (NDDC) within 48 hours or risks the full wrath of the House. The Speaker directed the Clerk...

There was pandemonium in Abeokuta on Monday when a man identified as Fatai Salami drank an insecticide known as Snipper and died at the premises of Ogun Traffic Compliance and Enforcement Corps (TRACE). The News Agency of Nigeria (NAN) gathered that Salami was allegedly asked to pay a fine of...

The Lagos Bus Services Limited (LBSL), operator of Marcopolo high-capacity buses, says it has secured approval of the state government for upward review of fares and right to ply Bus Rapid Transit (BRT) dedicated lane. The Chief Executive Officer of LBSL, Mr Idowu Oguntona, made the announcement in a statement...

British Prime Minister Boris Johnson was holding his first face-to-face cabinet meeting of top ministers since March 17 on Tuesday, underlining his push to encourage others to go back to work and boost an economy hurt by the coronavirus crisis. The weekly cabinet meeting inside Johnson’s Downing Street office was...

President Muhammadu Buhari is currently meeting with former President Goodluck Jonathan at the State House, Abuja. The News Agency of Nigeria (NAN) reports that the agenda of the meeting is unknown to newsmen as at the time of filing this report. NAN, however, gathered that Jonathan would update Buhari on...