archive2020

The World Bank has approved $2.2 billion loan for six projects to support Nigeria’s development priorities. According to PM News, the bank said on Wednesday that the projects would be focusing on improving immunisation and providing an enabling business environment for private sector. It explained that the approved programme of...

  The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday depreciated further by N9 billion, amid profit taking. Specifically, the market capitalisation, which opened at N14.347 trillion lost N9 billion to close at N14.338 trillion. Also, the All-Share Index dipped 24.48 points or 0.09 per cent to close...

  Amid rising cases of kidnapping and armed robbery, the Kogi Government said it had devised new strategies to flush out the perpetrators and their collaborators. The state Commissioner for information and communication strategy, Mr Kingsley Fanwo, disclosed this to newsmen in Lokoja on Wednesday . Fanwo , who spoke...

  The Lagos State Government will from 8pm, Thursday, close down Jonathan Coker Street at Fagba area till 6am the next day to pave way for the installation of the rubber panels on the Lagos-Ibadan Standard Gauge rail project. Alternative routes have been provided for road users to utilize during...

  A Senate panel on Wednesday held a public hearing to investigate telecommunications network operators in the country over increasing rate of drop calls. President of the Senate, Ahmad Lawan has asked the GSM operators in the country to refund to their customers money which they paid on drop calls....

  seeks stakeholders’ support for improved power supply Oyo State Commissioner for Energy and Mineral Resources, Barrister Temilolu ' Seun Ashamu, has declared that state has already begun efforts towards achieving independent power supply in the next few years. He maintained that the options of building an independent power station...

The House of Representatives has directed its Committee on Population to investigate the National Identity Management Commission (NIMC) over the registration of Nigerians for the National Identity Number (NIN). The decision followed a motion of Urgent Public Importance moved by Rep. Ben Igbakpa (PDP-Delta) during plenary presided over by the...

  The Senate on Wednesday observed a minute silence in honour of renowned Nigerian novelist and former Registrar of the West African Examinations Council (WAEC), Chukwuemeka Ike. The literary icon who was a traditional ruler of Ndikelionwu, Anambra State, died last week Thursday at the Nnamdi Azikwe Teaching Hospital in...

The Standard Organisation of Nigeria (SON) has called on Nigerian manufacturers to maintain high standard quality of their products to boost consumers’ confidence and position themselves for global competitiveness. Mr Osita Aboloma, the Director-General of SON, made the call on Wednesday in Awka, when he issued Mandatory Conformity Assessment Programme...

Coronation Merchant Bank on Wednesday expressed optimism that the nation’s currency would not be devalued in 2020 as being speculated in some quarters. This, among others, were the resolutions reached at the Coronation Breakfast Session with the theme: “Re-risking the financial system,” held in Lagos. Speaking at the event, Mr...