NSE: Capitalization Grows N159bn, Key Indices Improve 1.25%
Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Thursday for four consecutive days, with the key performance indicators improving further by 1.25 per cent. Consequently, the All-Share Index which opened at 24,452.23 rose by 306.16 points or 1.25 per cent to close at 24,758.39. Also, the market capitalisation grew by N159 billion or […]
COVID-19: Labour/CSO Situation Room Committee Inaugurated
The coronavirus pandemic has dealt a blow on citizens, businesses and revenue in virtually all the states in Nigeria. The toll on workers as the pandemic escalates is best imagined. These disastrous fallouts has forced the leadership of labour in the country to establish a situation room comprising of its affiliate unions, civil society and […]
FG Declares Monday, Tuesday As Public Holidays To Mark Eid Al-Fitr
The Nigerian Government has declared Monday 25 and Tuesday 26 May, 2020 as Public Holidays to mark this year’s Eid al-Fitr Celebration. The Minister of Interior, Ogbeni Rauf Aregbesola, disclosed this in a statement by the Director of Press in the Ministry, Mohammed Manga, on Thursday. Aregbesola felicitated with all Muslim faithful for the successful […]
Nigeria Is Heading Towards Recession – Finance Minister
The nation’s finance minister, Zainab Ahmed, says the coronavirus pandemic and falling oil prices are set to force the economy into negative growth. Ms. Ahmed made the comments after the National Economic Summit meeting in Abuja on Thursday. “On the economy, COVID-19 has resulted in the collapse in oil prices,” she said. “This will impact […]
Eid-el Fitr holiday: CBN Shifts MPC Meeting To Thursday
The May 2020 meeting of the monetary policy committee (MPC) of the Central Bank of Nigeria has been earlier scheduled to hold on Monday and Tuesday, May 25 and 26 has been postponed. A statement signed by Isaac Okorafor, director of CBN corporate communications department, said the meeting will now hold on Thursday, May 28. […]
Lagos Doctors Suspend Sit-At-Home Protest
The Nigerian Medical Association (NMA) in Lagos has suspended its sit-at-home protest order of its members. The medical body on Wednesday had issued a statement directing all its members to stop working from 6pm due to incessant harassment of its doctors and other health workers by security agents in Lagos But in a statement on […]
IGP Exempts Medical Personnel, Journalists from Restriction
The Inspector General of Police, IGP, Mohammed Adamu, has clarified those exempted from the nationwide curfew occasioned by Coronavirus outbreak in the country. Adamu, in a statement issued by Frank Mba, Force Public Relations Officer, Force Headquarters, Abuja said all essential workers, including medical personnel, firefighters, ambulance services, journalists and others were exempted from the […]
COVID-19: Makinde Distributes Palliatives, to Support 10,000 Farmers
Oyo State governor, Engineer Seyi Makinde, on Wednesday, continued the distribution of palliatives to the poorest of the poor in Ibadan metropolis, promising that the state government would equally provide support to 10,000 farmers to aid food security. Governor Makinde, who conducted a symbolic distribution to households in Oke Ado, Foko, Oja-Oba and Oranyan areas within the metropolis, noted that the […]
Lagos Doctors Begin ‘Strike’ Wednesday Evening Over Harassments
The Nigerian Medical Association (NMA) in Lagos has directed its members to immediately proceed on an indefinite sit-at-home strike starting from 6.00 p.m. on Wednesday. The association gave the directive in a joint statement signed by its Chairman and Secretary, Saliu Oseni and Ramon Moronkola, respectively in Lagos. There are reports that to strengthen compliance […]
El-Rufai to Personally Patrol Kaduna-Kano Borders on Sallah Day
Governor of Kaduna State, Malam Nasir El-Rufai has said he would personally patrol the Kaduna -Kano borders on Sallah day to ensure that no one from Kano sneaks into Kaduna state as part of his strategy to contain the spread of Covid-19 in the state. This year’s Eid-il-Fitr (the festival of breaking the fast) which […]