archiveAugust 2020

The Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye, has revealed that reliable researches and reports show chloroquine can kill COVID-19 virus at the early stage. She further stated that remdesivir, made by Gilead Sciences Inc, has also been shown to kill...

  Trading on the Nigerian Stock Exchange (NSE) on Tuesday sustained upward posture, in spite of a negative Gross Domestic Product (GDP) recorded in the second quarter of 2020. Speficially, the market capitalisation increased further by N33 billion or 0.25 per cent to N13.194 trillion against N13.161 trillion posted on...

President Muhammadu Buhari has approved a one-year deferment of the 35 per cent import adjustment tax imposed on Fully Built Unit (FBU) electricity meters HS Code 9028.30.00.00, in order to make electricity metres affordable for Nigerians. Finance Minister Mrs. Zainab Ahmed requested approval to support the Nigerian Electricity Regulatory Commission...

The Standards Organisation of Nigeria (SON) on Tuesday destroyed substandard LPG cylinders, aluminium and galvanised roofing sheets worth over N450 million. Its Director, Inspectorate and Compliance Directorate, Obiora Manafa, said at the destruction of the products in Lagos, that the affected commodities were classified as life-endangering and unfit for consumption....

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, Tuesday, urged the Industry stakeholders to evolve innovative ways to reposition the sector for sustainability to effectively tackle the menace COVID-19 pandemic. The NNPC GMD, speaking at the opening ceremony of the Society of Petroleum Engineers...

  says programme will empower youths, expand economy of the state   The Oyo State Government, on Tuesday, approved the sum of 1.2 million US Dollars for the commencement of the Start Them Early Programme (STEP), an agribusiness initiative, in six selected secondary schools, across the six geopolitical zones in...

The Nigerian Stock Exchange has upgraded its whistleblowing platform, X-Whistle which was first launched in 2014 and empowers a whistleblower – an employee, investor, compliance officer, Issuer, stockbroker or any member of the public – to report possible violations of the rules and regulations of The Exchange, the securities law...

Officials of the Nigeria Union of Local Government Employees (NULGE), Edo State, have commended the Economic and Financial Crimes Commission (EFCC) for its efforts in the fight against economic and financial crimes and other acts of corruption in the country. They gave the commendation on Tuesday, August 25, 2020 while...

Harry Maguire has been found guilty of charges of aggravated assault, resisting arrest, and repeated attempts of bribery after an incident in Greece last week. The Manchester United captain, his brother Joe Maguire and their friend Christopher Sharman have been on trial in Greece after an incident which happened in...

  Two hundred youths in Cross River have been selected to undergo entrepreneurial development training after which they will receive N10 million each to start up or expand their businesses. The initiative scheme comes under a partnership between the Cross River Government and the Central Bank of Nigeria (CBN) through...