CBN Disburses N50bn MSMEs Funds Via MFBs Platform
The Central Bank of Nigeria (CBN), is disbursing the N50 billion COVID-19 targeted credit facility to support households and Micro, Small and Medium Enterprises affected by the pandemic through the Integrated National Association of Banks Unified IT platform (NAMBUIT), deployed by Inlaks for NIRSAL Microfinance Bank. The NIRSAL National MFB is an initiative of the CBN, in collaboration with other major stakeholders, like the Bankers Committee, Nigeria Incentive-Based Risk […]
Post Covid-19: Expects Hike In Airfare, Delays – FAAN tells Travelers
There are indications that air passengers in Nigeria will have to be going through series of checks and re-checks from when they arrive till they depart the airport and a slight hike in airfare whenever flight operations resume after the covid-19 lockdown. Already, the Federal Airports Authority of Nigeria (FAAN), had assured that the agency […]
COVID-19: WHO Temporarily Suspends Chloroquine Trial
The World Health Organisation (WHO) has announced a “temporary pause” in its solidarity trial on the use of hydroxychloroquine for treatment of COVID-19 patients. Tedros Ghebreyesus, the WHO director-general, made the announcement at a media briefing as he cited the study published by The Lancet, which had examined the effects of the use of hydroxychloroquine […]
Toni Payne Says AY Refused To Give Olamide A Chance To Perform As Upcoming Artiste
Artiste manager Toni Payne has narrated how ace comedian AY refused to allow Olamide to perform at his show when the latter was struggling as an upcoming artist. Payne, the ex-wife of an indigenous singer, 9ice took to her Instagram story this morning to recall how she had approached the comedian to allow the ‘Omo […]
Rivers Govt Infected my Manager with COVID-19, Says Owner of Demolished Hotel
Promise Gogorobari, owner of Prodest Hotel, Eleme, which was demolished for allegedly flouting lockdown order in Rivers, has accused the state government of infecting his manager, with COVID-19. In a statement, Gogorobari said his manager was healthy before he was detained on the orders of Nyesom Wike, the governor. Paulinus Nsirim, Rivers information commissioner, had […]
FG Discovers Over 150 Illegal Deals in Abba Kyari’s Office
A wave of apprehension is sweeping through Ministries, Departments and Agencies (MDAs) as President Muhammadu Buhari begins a probe into the office of the late Chief of Staff Abba Kyari. The investigation may lead to all appointments and approvals made by Kyari without Buhari’s permission being cancelled. This is as pundits said the volte face […]
ET Denies Contract to Evacuate Nigerians from Canada, But Evacuates 187 Canadians from Lagos
Ethiopian Airlines has said it has not yet been contracted to evacuate Nigerians from Canada explaining that that is the responsibility of the Nigerian Government and its agencies to choose partners for such evacuation. This is just as the airline has evacuated 187 Canadians and resident permit holders from Nigeria on 21 May from Lagos […]
WAPIC Insurance Pays N4.1bn Claims to Policyholders
Wapic Insurance Plc has paid N4.1 billion as gross claims to Policyholders who suffered insured risks in its 2019 financial year end. The Gross claims to Gross Written Premium (GWP) ratio closed at 27 per cent as at December 2019, a reduction when compared to the 36 per cent recorded in 2018. Similarly, the insurer […]
US Rejects AfDB Exoneration of Adesina, Calls For Independent Probe
The United States Department of Treasury has called for an independent probe of allegations levelled against Akinwumi Adesina, President of the African Development Bank (AfDB). Bloomberg reports that Steven Mnuchin, US treasury secretary, rejected the findings of an investigation by the AfDB ethics board which exonerated Adesina of allegations of trying to Nigerianise the bank. […]
Jude Okoye Responds To Cynthia Morgan And May D’s Allegations
Jude Okoye has responded to the allegations made against him by Cynthia Morgan and May D. In a live interview with Instagram influencer Tunde Ednut, Jude Okoye addressed some of the allegations made against him by the dancehall singer who accused him of shipwrecking her music career. Her Stage Name And Social Media Accounts Cynthia Morgan […]
