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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.

Central bank re-assigns two pre-shipment inspection agents for non-oil export

The Central Bank of Nigeria, CBN, yesterday, re-assigned two companies as Pre-Shipment Inspection Agents (PIA) for non-oil exports in the northern and south-western parts of the country.
A vendor poses as he counts Nigerian naira banknotes inside a shop in Idumota Market, in Lagos, Nigeria February 11, 2019. REUTERS-Nyancho NwaNri

Naira exchanges at N472 to dollar at parallel market

The Naira on Tuesday exchanged at N472 to a dollar at the parallel market in Lagos.
The security arrangements of French President Emmanuel Macron were brought into question on Wednesday after he was confronted by protesters during a walk in a public garden in Paris

Protesters confront France president in public garden

The security arrangements of French President Emmanuel Macron were brought into question on Wednesday after he was confronted by protesters during a walk in a public garden in Paris.
Barcelona are considering an ambitious three player swap deal in order to bring former star Neymar back to the club this summer.

Barcelona to offer PSG four players in Neymar deal

Barcelona will attempt to sign Neymar from Paris Saint-Germain by offering the Ligue 1 champions as many as four players in exchange.
The European Commission, on Wednesday, unveiled plans to clamp down on aggressive corporate tax planning regimes that distort the level playing field of the EU’s single market.

EU plans clampdown on ‘harmful’ tax systems to aid recovery

The European Commission, on Wednesday, unveiled plans to clamp down on aggressive corporate tax planning regimes that distort the level playing field of the EU’s single market.
Muhuyi Magaji Rimin-Gado

Kano anti-graft agency detains rice farmers over alleged N10 billion fraud

Kano State Public Complaints and Anti-Corruption Commission has detained leaders of Rice Farmers Association of Nigeria (RIFAN), Kano chapter, for alleged misappropriation of N10bn Federal government financial Intervention meant for rice farmers in Kano.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigeria Stock Exchange warns investors on shares of 13 firms

The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any explanation.
Nigeria Naira

Nigeria’s central bank ‘devalues’ Naira again

The Central Bank of Nigeria on Tuesday adjusted the value of the naira to exchange to the dollar at N381, as parts of measures to converge the nation’s multiple exchange rates and ensure stability.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stocks down by N1.14 trillion in first half

Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic.
Safari on the MacBook on MacOS Sierra, using Apple Pay. Apple

Researcher reveals Mac privacy bug, blasts Apple for ‘security theater’

When Apple announced its Security Bounty Program last year, researchers lined up to locate potentially dangerous bugs in the company’s platforms, keeping them secret in exchange for potentially large payouts
Governor Yahaya Bello of Kogi State has placed all the communities in Kabba-Bunu council areas on ‘absolute’ lockdown following the positive testing of two persons in the council area to COVID-19

Kogi gets N6.6 billion allocation for June

A total N6,609,759,939 is the amount that accrued to Kogi State from the Federation Account for the month of June, 2020. This amount is made up of N3.6 billion allocated to the State Government and N2.9 billion allocated to the 21 Local Government Areas in the state.
national assembly abuja

National Assembly committees begin consideration of revised 2020 budget

Some committees in the Senate and House of Representatives will on Thursday begin consideration of the revised 2020 budget proposal transmitted to the National Assembly by the Executive, it was learnt on Wednesday.
PDP and Wada are challenging the declaration of Yahaya Bello of the APC as winner of the November 16, 2019 governorship election held in the state.

Kogi governor speaks on May salary payment for workers

Governor Yahaya Bello of Kogi State has assured workers that they will get their May salary before the Eid-el Fitri celebration.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

Africa’s oil producers impacted by OPEC production cut

Crude oil prices rose marginally on Friday (May 1) as the Organization of Petroleum Exporting Countries (OPEC) and their allies started reducing output.
Medical workers in a file photo. REUTERS-Marko Djurica

Cuba sends doctors to South Africa to combat coronavirus

Cuba sent 216 healthcare workers to South Africa on Saturday, the latest of more than 20 medical brigades it has sent worldwide to combat the coronavirus pandemic, in what some call socialist solidarity and others medical diplomacy.

Lockdown: Fish farmers appeal for special movement permit

To curb losses in the fish farming value chain, the Catfish and Allied Fish Farmers Association of Nigeria (CAFFAN) has appealed to the Federal Government to grant farmers special movement permit to move fish and its products from various fish farms to areas of need within Nigeria.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE hosts debut digital closing gong ceremony

The Chief Executive Officer of The Nigerian Stock Exchange, NSE, Mr. Oscar Onyema, has expressed the Exchange’s commitment to providing corporates and investors access to the market in meeting their financial and investment needs during this period and beyond.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE: Corporate virtual meeting must comply with best practices

The Nigerian Stock Exchange (NSE) has stated that its guidance on virtual board, committee, and management meetings for stakeholders was designed in order to ensure that companies comply with best practices while adopting virtual meeting to foster their business interests.

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Prime Minister Boris Johnson discussed telecoms security with US President Donald Trump as he prepares to announce if Britain will use China’s Huawei in its 5G networks, officials said Saturday.

Huawei will stop producing Kirin chipsets on September 15

Huawei will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows. U.S. pressure on Huawei’s suppliers has made it impossible for the company’s HiSilicon chip division to keep making the chipsets, key components for mobile phone, Richard Yu, CEO of Huawei’s Consumer Business Unit was quoted as saying at the launch of the company’s new Mate 40 handset.
Speaker of the House of Representatives, Rep. Femi Gbajabiamila on the floor, moving a bill on the Repeal of Quarantine Act, 2004 at plenary yesterday at National Assembly Abuja. . Photo by Gbemiga Olamikan. 2

House of Reps uncovers abandoned power projects worth over N156 billion

The Federal House of Representatives, in it’s oversight function, has uncovered many power projects, put together at the cost of N156 billion, that are being abandoned or are yet to be completed by the Transmission Company of Nigeria (TCN).

Biafra group warns Miyetti Allah against operating security outfit in South-east, South-south

The Biafra Nations Youth League, BNYL, on Saturday, warned Miyetti Allah Kautal Haure not to allow the Fulani Security group to operate in the Southeast and Southsouth to avoid bloody confrontation by both groups.
Governor of Kaduna State, Mallam Nasir El-Rufai, has fully recovered from coronavirus. 4

Governor El-Rufai: South should produce next President

Barely a week after President Muhammadu Buhari’s closest ally and nephew, Malam Mamman Daura, spoke against zoning of presidency ahead of the 2023 election, Kaduna Governor Nasir El-Rufa’i has said the next President should come from the South.
The Lagos Waste Management Authority on Saturday said plans had been concluded to decommission its Olusosun and Solous landfill sites. The Managing Director of LAWMA, Dr Muyiwa Gbadegesin, said in a statement that the decommissioning was due to urban encroachment and increased human activities around the areas.

LAWMA arrests 13 cart pushers for environmental laws violation

Mr Ibrahim Odumboni, Acting Managing Director, Lagos State Waste Management Authority (LAWMA), said the authority arrested 13 cart pushers and seized 29 carts for violating environmental laws of the state.