archive2020

The Federal Capital Territory (FCT) Abuja has recorded no fewer than 305 fresh cases of the dreaded COVID-19 disease which has fast spread across the country and has claimed many lives. This was contained in the latest update provided on Tuesday night by the Nigeria Centre for Disease Control (NCDC)...

  says another portfolio crisis would be too huge for the Nigerian economy to afford   McKinsey & Company, a management consulting firm, in a report on Tuesday said that another round of consolidation in the nation’s banking industry is inevitable for them to thrive by growing capital base quicker...

The Senate on Tuesday constituted a seven-member ad hoc committee to investigate an alleged N1.2 trillion oil revenue loss to the Federal Government owing to an alleged breach by SINOPEC ADDAX Petroleum. The ad hoc Committee which is chaired by Senator Aliyu Sabi Abdullahi has six other members which include,...

  as gov hands over 33 operational-vehicles, 396 motorcycles to Amotekun Corps We’ll put those striving to discredit govt to shame, says Amotekun Commandant   Governor of Oyo State, Seyi Makinde, on Tuesday said that the time has come for Nigeria to secure its people and restructure its system against...

The Nigerian equities on Tuesday,  extended its positive momentum with the market capitalisation increasing further by N199 billion, as investors stepped -up bargain-hunting ahead of 2021. Specifically, the market capitalisation rose by N199 billion or 1.09 per cent to close at N18.410 trillion compared with N18.211 trillion achieved on Monday....

The National Council on Nutrition chaired by Vice-President Yemi Osinbajo on Tuesday approved a five-year nutrition action plan that will guide the implementation of interventions and programmes to address the problems of hunger and malnutrition across all sectors in the country. The action plan was meant to further improve the...

  The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, over a $36.1m facility under the Fiscal Governance and Institutions Project of the World Bank, part of which was allocated to the Office of the Auditor General of the Federation. The House Committee...

Abductors of pupils of Government Science Secondary School, Kankara, Katsina State, took the boys away on motorcycles, the military said Monday night. The assailants came to the school premises on Friday night, shot dead one of the two policemen on guard, incapacitated the other and entered the facility. They shoot...

The Nigerian Communications Commission (NCC) has given telecommunications operators in the country two weeks within which to block SIM cards that are not registered with the National Identity Numbers (NIN). It warned that any telecom operators that failed to comply with the directive risked outright withdrawal of its licence or...

  The Senate has passed President Muhammadu Buhari’s Finance Bill 2020 transmitted to the National Assembly two weeks ago for consideration and passage. The passage of the bill was sequel to the consideration of a report by the Senate Joint Committee on Finance; Customs, Excise & Tariff; Trade and Investment;...