archiveSeptember 2020

The Federal Government on Thursday directed all bank account holders in the country to undergo a “self-certification” process. In the directive issued via federal government’s official Twitter handle, account-holders are required to obtain, complete and submit the self-certification forms to their respective financial institutions. Individuals with accounts in different financial...

  As the nation prepares for the reopening of schools, the Presidential Task Force (PTF) on COVID-19, has mandated schools to carry out weekly risk assessments while states and local governments are to conduct monthly and quarterly risk assessments. Mrs Elsie Ilori, Head, Department of Surveillance and Epidemiology, Nigeria Centre...

 The Nigeria Centre for Disease Control (NCDC) has recorded 131 new  cases of the coronavirus (COVID-19), bringing the total number of infections in the country to 56,735.  The NCDC made this known on its official twitter handle on Thursday. It said the new cases were confirmed in 18 states. The health agency...

The currency in circulation dropped by N25.03 billion from N2.39 trillion as of the end of July to N2.36 trillion as of the end of August, latest figures from the Central Bank of Nigeria (CBN) revealed on Thursday. At the end of May, the figure which was N2.35 trillion rose...

The Central Bank of Nigeria (CBN) has granted Greenwich Trust Limited a licence to operate as a merchant bank in the country. An email from Greenwich Trust Limited on Thursday said the entity would be known as Greenwich Merchant Bank Limited. “This licence allows Greenwich Merchant Bank to upscale and...

Lagos State Commissioner for Information and Strategy Mr. Gbenga Omotoso has said that the state government is committed to the deployment of technology to manage traffic congestion in the state. He spoke on Thursday at the Lagos Traffic Radio during the inauguration of the pilot scheme of the Lagos Traffic...

Ahead of Saturday governorship election in Edo State, the Inspector-General of Police, Mohammed Adamu, has ordered the restriction of vehicular movement from 11.59pm on Friday to 6pm on Saturday. The IG noted that the order was informed by the need to prevent the free flow, circulation and use of illicit...

The Federation Accounts Allocation Committee (FAAC) has shared a total of N682.060 billion August 2020 Federation Account revenue to the Federal, States and Local Government Councils and agencies. This was made known after the monthly FAAC meeting for September 2020 held through virtual conferencing, chaired by Dr. Mahmud Isa-Dutse, Permanent...

Negative sentiment continued on the Nigerian Stock Exchange (NSE) on Thursday with the market capitalisation declining further by N8 billion. The market capitalisation lost N8 billion to close at N13.344 trillion against N13.352 trillion achieved on Wednesday. Also, the All-Share Index dipped 17.57 points or 0.07 per cent to close...

Justice Sikiru Oyinloye of the Kwara State High Court on Wednesday, September 16, 2020, convicted and sentenced 29-year-old Usman Muhammed to prison for romance scam. The convict was prosecuted by the Ilorin zonal office of the Economic and Financial Crimes Commission (EFCC) on one-count charge of impersonation. The charge read,...