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COVID-19: FG seeks National Assembly’s approval for N500bn Intervention Fund
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund. Mrs Zainab, with senior officials from her ministry, held the meeting with the President of the Senate, Ahmad […]
What Fani-Kayode Said About Abba Kyari’s Death Rumour
Former Aviation Minister Femi Fani-Kayode has berated those peddling rumour that the Chief of Staff to President Muhammadu Buhari, Abba Kyari, has reportedly died. Politics Nigeria reports that the rumour of Kyari’s death started on Thursday via a tweet by controversial investigative ‘journalist’ Kemi Olunloyo. Olunloyo claimed ‘a high ranking member of President Buhari’s Cabinet […]
BREAKING: Osun Records Six New COVID-19 Cases As Tally Hits 190
The Nigeria Centre for Disease Control (NCDC) has confirmed six new cases of coronavirus in Osun State, bringing the number of confirmed cases of the virus in Nigeria to 190. In a series of tweets on its Twitter handle, @NCDCGov, the center said Osun now has 20 cases, while FCT has 38 and Lagos, the […]
Governors beg FG to suspend state deductions during COVID-19 lockdown
Nigerian Governors have urged the federal government to suspend all state deductions and restructure all debt service payments owed to it and the Central Bank of Nigeria (CBN). According to the governors, under the aegis of the Nigeria Governors’ Forum, NGF, the Federal Government should also come up with urgent fiscal measures to safeguard the […]
No cure for Covid-19 yet, Lai Mohammed reiterate
Minister for Information, Culture and Tourism, Lai Mohammed, has restated that there is no cure for the coronavirus pandemic yet, as against news insinuating the cure for the disease. Mr Mohammed stated this in Abuja when he featured on the forum organised by the News Agency of Nigeria to update the public on the government’s […]
Online Fraud: Atiku raises alarm over Impersonation
Former vice president of Nigeria Atiku Abubakar has raised alarm over social media users using his name to commit online fraud. Mr Abubakar in a statement signed by his spokesperson, Paul Ibe, said he is not connected to the online broadcast circulating around the country. “We wish to bring to the attention of Nigerians that […]
COVID-19: PDP Rejects New Petrol Pump Price, Insists On N90 Per Litre
The opposition Peoples Democratic Party (PDP) has rejected the federal government’s reduction of the pump price of petrol from N125 to N123.5, Politics Nigeria reports. In a statement by its National Publicity Secretary, Kola Ologbondiyan, the main opposition party said the appropriate price Nigerians wanted is N90 per litre. The PDP said any price beyond […]
Coronavirus alters outlook of Nigerian equity market
analysts see opportunity in healthcare stocks If the spread of Coronavirus(COVID-19) is not curtailed as soon as possible, the Nigerian equities market will continue to sink and the market will experience a further decline. As Coronavirus continues to rear its ugly head in Nigeria, the nation’s equities market is one of the worst-hit as dealers now trade remotely […]
Reprieve for Nigeria as oil stays above $32 on hopes of OPEC+ meeting Monday
.Saudi/Russia may cut production, end price war …Saudi calls emergency OPEC+ meeting by Isaac Anyaogu and Oladehinde Oladipo and Isaac Anyaogu and Oladehinde Oladipo On Apr 3, 2020 Oil is trading above $31 a barrel in London Friday, reversing earlier declines, as OPEC+ scheduled an urgent meeting next week after a historic slump in prices that has crippled the energy […]