archiveFebruary 8, 2021

The Nigerian Stock Exchange (NSE) began trading for the week on Monday with a loss of 0.35 per cent as a result of persistent profit taking. Specifically, the NSE All-Share Index lost 144.78 points or 0.35 per cent to close at 41,564.31, compared with 41,709.09 posted on Friday. Also, market...

The International Monetary Fund (IMF) said on Monday that the Nigerian economy is at a critical juncture, having been weakened by falling per capita income, double-digit inflation, limited buffers, significant governance vulnerabilities, and the global pandemic. The body in a report released on Monday, after consultation with authorities in Nigeria,...

The Nigerian government has disclosed that the country is expecting 58 million doses of COVAX and AVATT COVID-19 vaccines. Minister of Health, Osagie Ehanire, disclosed this during the Presidential Taskforce on COVID-19 committee on Monday, in Abuja. Ehanire said Nigeria will receive 16 million vaccine doses from COVAX in the...

  How FG is preventing retrenchment in the Private Sector Over 5million farmers enumerated 30,000 N-power exited beneficiaries hired as Agric enumerators About one million already received govt’s cash under Survival Fund, CBN intervention 3200 hectares being cleared for farming 344km roads under construction to link 500 markets Broadband penetration...

  The Presidential Task Force (PTF) on COVID-19, on Monday, disclosed that 13 cases of the United Kingdom strain of the virus known as B117 have so far been detected in Nigeria. The chairman of the task force, Boss Mustapha, disclosed this at the weekly press briefing of the PTF....

The Federal Government has announced the conclusion of its plans to build state-of-the-art digital schools and facilities for learning across the country. The Executive Secretary of the Universal Basic Education Commission (UBEC), Dr Hamid Bobboyi, disclosed this during the commissioning of Basic Education projects at the Federal University, Dutse, Jigawa...

The number of confirmed COVID-19 cases on the African continent reached 3,667,546 as of Monday, the Africa Centres for Disease Control and Prevention (Africa CDC) said. According to the continental disease control and prevention agency’s COVID-19 dashboard, the death toll related to the pandemic in Africa stood at 95,075. A...

 President Muhammadu Buhari has expressed satisfaction with the progress made so far as China-Nigeria relations clock 50 years and thanked China for its support in defence matters and infrastructural development of Nigeria. Mr Femi Adesina, the Special to the President on Media and Publicity, in a statement in Abuja on...

 The Federal Government on Monday reiterated its commitment to lift more Nigerians, especially Ekiti residents out of poverty and unemployment this year. The Manager, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in Ekiti, Mr Tomi Ikuomola gave the assurance at the closing of the agency’s training for entrepreneurs....

 The Nigeria Employers’ Consultative Association (NECA) says Foreign Direct Investment (FDI) and Capital Importation will remain low till the third quarter of 2021. Its Director-General, Dr Timothy Olawale, made this known in a statement in Lagos, quoting the latest capital importation report released by the National Bureau of Statistics. Olawale said...