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Nigerian President Muhammadu Buhari3

President Buhari gives new directives on coronavirus donations

President Muhammadu Buhari has issued new directives on COVID-19 donations to Nigeria by philanthropists, companies and international organisations.
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.

Nigerian government gives guidelines for spending coronavirus funds

Disbursements of the COVID-19 funds domiciled with the Central Bank of Nigeria (CBN) and commercial banks will be after appropriation by the National Assembly.
The Federal Capital Territory (FCT) administration has raised alarm over rising cases of insecurity and vandalism in the territory. Abuja

FCT residents besiege banks as government eases lockdown

Civil servants, artisans, and others on Monday besieged branches of commercial banks in different parts of the Federal Capital Territory, Abuja, as the 28-day lockdown of the FCT meant to curtail the spread of COVID-19 ended.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN resumes dollar sales for SMEs, school fees as naira falls to 450/$ at...

With gradual easing of the COVID-19 lockdown in Nigeria and elsewhere, Central Bank of Nigeria (CBN) says it has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay schools fees and SMEs wishing to make essential imports needed to revamp economic activities across the country.
Chairman of the Presidential Taskforce on Covid-19 and Secretary to the Government of the Federation, Mr Boss Mustapha, who stated this yesterday during the daily briefing of the Taskforce, added that the federal government would also put in place measures to control the movement of nomadic herdsmen who go across the border in search of greener pastures for their cattle.

PTF: Nigeria’s health sector will not remain same post-coronavirus

The Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, has assured that Nigerian health sector would not remain the same post COVID-19 as all measures would be taken to improve the sector.
Kola Ologbondiyan

PDP asks Nigerian government to suspend electricity, ATM transfer charges

The Peoples Democratic Party (PDP) has demanded the Central Bank of Nigeria (CBN) and commercial banks to work together and suspend charges for use of ATM cards for low amount mobile fund transfers as part of the panacea to ease the burden of poor Nigerians during the COVID-19 lockdown.

IMF: Africa may rebound in 2021, but coronavirus impact to endure

Africa is expected to reverse an economic contraction linked to fallout from the COVID-19 pandemic next year, according to the International Monetary Fund, but the impact will be felt for years to come.

EEDC suspends disconnection of loyal, paying customers

Enugu Electricity Distribution Company (EEDC) says it is suspending disconnection of its loyal and paying customers, who may not be able to meet electricity payment obligations due to the Coronavirus pandemic.
President of the Senate Ahmad Lawan on Tuesday tasked top security officials to beef up security measures at the National Assembly.

Coronavirus: Senate president applauds presidential task force, urges better coordination

President of the Senate, Ahmad Lawan, on Thursday applauded members of the Presidential Task Force (PTF) on COVID-19 for their efforts in the management of the outbreak of Coronavirus in Nigeria.
The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) and the Nigerian Shippers’ Council (NSC) have collaborated to pull banks back to Apapa port.

Coronavirus lockdown: Banks to provide ‘skeletal services’ at Apapa port

The Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) and the Nigerian Shippers’ Council (NSC) have collaborated to pull banks back to Apapa port.
President Muhammadu Buhari

President Buhari promises access to food, medication

President Muhammadu Buhari has promised not to restrict access to food and medications but urged Nigerians to adhere to instructions meant to curb the spread of the coronavirus pandemic.
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila (APC-Lagos), has announced the demise of a former member of the house, Rep. Tony Okey. 5

Forex racketeering: House of Reps probe CBN, FIRS, others over $30 billion leakages

The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal Inland Revenue Service over alleged racketeering in the allocation of foreign exchange to companies.
The General Officer Commanding(GOC), 8 Division, Sokoto, Major General Hakeem Otiki, has been placed under house arrest, Daily Sun has gathered.

Court orders interim forfeiture of $376,120 traced to General Hakeem Otiki

The Abuja Division of the Federal High Court, on Wednesday, ordered the interim forfeiture of the sum of $376, 120 allegedly seized from Major General Hakeem Otiki, to the Federal Government.

Tax evasion: Enugu to distrain over 3,000 establishments

The Enugu State Internal Revenue Service, in compliance with court orders, on Friday, carried out distrainment of some commercial banks, hotels, schools and other properties in the state for refusal of their owners to pay withholding taxes, PAYE tax, Land Use Charge and other development levy to the state government.
The National Identity Management Commission (NIMC) says it has over 700,000 National e-ID cards yet to be collected by Nigerians from its offices nationwide.

Court stops production of national identity cards by Mastercard

Mastercard and its agents have been ordered to stop the production of the national identity cards issued by National Identity Management Commission by Justice R.M. Aikawa of the Federal High Court in Lagos.

NECA raises concerns over central bank’s directive to banks on lending

The Nigeria Employers’ Consultative Association (NECA), has raised concerns over the Central Bank of Nigeria’s (CBN) directive to banks on lending, saying it could pose a risk to financial stability.

Nigerian banks assets, liabilities hit N39.58 trillion

The total assets and liabilities of commercial banks in Nigeria rose from N37.14tn at the end of November 2018 to N39.58tn as of the end of August 2019.
Nigeria Football

Zenith Bank partners Akwa Ibom government to revive Principals’ Cup

Succour has returned to football-craving students of secondary schools in Akwa Ibom State, with the rebirth of Principals’ Cup billed to start later in the month.

Recent Stories

Medical council validates four coronavirus test kits – registrar

The Medical Laboratory Science Council of Nigeria (MLSCN) says it has validated four Rapid Test Kits to determine their suitability for testing SAR-COV-2 infection popularly known as COVID-19 in the country.
Legendary reggae artiste, Majekodunmi Fasheke, aka Majek Fashek is dead. The artiste died in a New York hospital after a protracted illness on Monday about 5-45pm. He was aged 71.

Nigerian celebrities mourn deceased Majek Fashek

Nigerian celebrities have taken to their social media platforms to mourn the death of Music Legend, Majekodunmi Fasheke, a.k.a Majek Fashek.
Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.

Rwanda set to announce new coronavirus restrictions

Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
Nigerian President Muhammadu Buhari3

Nigeria declares telecoms facilities critical national Infrastructure

In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
President Muhammadu Buhari has again, addressed Nigerians on the efforts of its government to contain the coronavirus pandemic (covid-19) that is ravaging the country 4

ASCAB: President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

Alliance for Surviv­ing COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Mu­hammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion con­tradicts the figures earlier released by his own officials.