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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.

CBN: Nigerians believe rising inflation’ll weaken economy

The CBN said the survey was conducted from May 18 to 27, 2020, with a sample size of 2,070 households randomly selected from 207 enumeration areas across the country and a response rate of 97.9 per cent.
The Chairman of the Foundation’s Board, Dr Chiwuike Newington Uba, gave the advice in a statement on Tuesday in Enugu.

Revised budget: Group urges Nigerian government to ensure high performance

An NGO, the Amaka Chiwuike Uba Foundation (ACUF), has urged the Federal Government to lay emphasis on credibility and high performance of the 2020 Revised Budget as a catalyst for infrastructure development.
President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba

NLC demands new petrol price reversal

The Nigeria Labour Congress (NLC) has kicked against the new fuel price of N143.8 announced by the Petroleum Products Price Regulatory Agency (PPPRA) on Wednesday, saying “this might just be the last straw that would break the camel’s back.”
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

Power: World Bank loan will unlock economic growth – capital market operator

A capital market operator, Mr Godwin Anono, says the World Bank loan of $750million to fix energy challenges in the country will unlock the country’s economic growth.

Labour Party appoints 7-member caretaker committee for Kwara

National Working Committee of the Labour Party (LP) has appointed a seven-member executive caretaker committee for the Kwara State chapter of the party.
A former Federal Commissioner for Works, Major-General Orho Obada, is dead. Obada, who also served as the Commissioner representing Delta State in the Federal Revenue Mobilisation Allocation and Fiscal Commission in 2006, reportedly died on Saturday night after a brief illness.

UPU mourns General Obada, two others

The Urhobo Progress Union (UPU) has expressed grief over the demise of three of its illustrious sons, Major-General Orho Esio Obada (retd), Chief Tom Amioku and Hon Joyce Overah in five days.

Fifty unsold cargoes of Nigeria’s oil await buyers in global market

The global oil market remains dull as 50 unsold cargoes of Nigeria’s Bonny Light await buyers, indicating that the volatile market is still flooded with unsold stocks.
South Africa’s central bank (SARB) said on Friday it would reduce overnight repo auctions to one per day from the two it has held since early March to inject liquidity into the banking system amid the coronavirus pandemic.

South Africa’s credit growth slows to 7.37% year on year in April

Growth in private sector credit in South Africa in April slowed to 7.37% year on year from a revised 7.75% in March, central bank data showed on Friday.
IEA Executive Director, Fatih Birol

IEA: Global green energy growth to fall for first time in 20 years

Global growth in new renewable energy capacity will experience its first annual decline in 20 years, this year amid the coronavirus pandemic.
Mr Bayo Olugbemi has been sworn in as the 21st president-chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN).

Bayo Olugbemi sworn in as new CIBN president

Mr Bayo Olugbemi has been sworn in as the 21st president/chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN).
A deadly giant insect known as the “murder hornet” has been spotted for the first time in the United States, prompting fears it could decimate the honeybee population and creating a buzz on social media.

Asian giant hornets spotted for first time in US

A deadly giant insect known as the “murder hornet” has been spotted for the first time in the United States, prompting fears it could decimate the honeybee population and creating a buzz on social media.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

National Assembly resumes Tuesday

The official announce­ment made by the Clerk reads: “This is to inform the distinguished senators of the Federal Republic of Nigeria that the Senate will resume plenary on Tuesday, 28th April, 2020.”

Moody’s maintains negative outlook for Nigeria

America’s credit rating agency Moody’s in a statement on Wednesday affirmed Nigeria’s B2 ratings.
Governor Ben Ayade of Cross River State has announced that the state government will give free foods to residents of the state.

Cross River governor declares automatic employment for 8000 youths

Cross River state governor, Prof. Ben Ayade, on Wednesday declared that automatic employment be given to 8000 youths between the ages of 18 to 35 years in the state starting from Tuesday next week.

Coronavirus: IMF approves $1 billion credit for Ghana

The International Monetary Fund, IMF, on Monday approved the disbursement of US$1 billion to be drawn under the Rapid Credit Facility (RCF).
The Peoples Redemption Party (PRP) has warned the government against pushing the poor to the wall by the indefinite extension of the lockdown order to curb the spread of COVID-19.

PRP: What will happen to poor if lockdown continues

The Peoples Redemption Party (PRP) has warned the government against pushing the poor to the wall by the indefinite extension of the lockdown order to curb the spread of COVID-19.
Youth and Sports Development Minister Mr Sunday Dare has described the death of Senator Robert Koleosho as very sad,shocking , and a huge loss to Nigeria at large and Oyo state in particular.

Sports minister mourns Senator Koleosho

Youth and Sports Development Minister Mr Sunday Dare has described the death of Senator Robert Koleosho as very sad, shocking, and a huge loss to Nigeria at large and Oyo state in particular.
President Muhammadu Buhari has joined Nigeria’s media industry in celebrating veteran journalist and founding Director of Newswatch, Yakubu Mohammed, on his 70th birthday, praying for abiding good health and strength.

President Buhari greets veteran journalist Yakubu Mohammed at 70

President Muhammadu Buhari has joined Nigeria’s media industry in celebrating veteran journalist and founding Director of Newswatch, Yakubu Mohammed, on his 70th birthday, praying for abiding good health and strength.

Recent Stories

Presidential panel grills four EFCC sectional heads

The Justice Ayo Salami-led presidential investigation panel probing corrupt allegations levelled against the suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, on Tuesday grilled four-unit heads of the commission.

Lagos assemblymen go for coronavirus tests, fumigate complex

The Lagos State House of Assembly has directed all lawmakers to go for COVID-19 test following the death of the Chairman, House Committee on Information, Strategy and Security, Tunde Braimoh.
President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba

Labour hails Nigerian government for remitting N7.45 billion workers’ retirement benefits

The Nigeria Labour Congress has commended the Federal Government for remitting N7.45 billion accrued rights and benefits into the retirement savings accounts of federal retirees covering April and May 2019.
CHRIS OKOTIE

Chris Okotie: Online church service unbiblical

Pastor of the Household of God Church International Ministries in the Oregun area of Lagos State, Reverend Chris Okotie, says online church service, which has become the order of the day due to the COVID-19 pandemic, is unscriptural.

Nigerian Breweries donates palliatives to journalists in Imo

The Nigerian Breweries Plc on Tuesday donated food items, sanitiser and drinks to members of the Correspondent Chapel of the Nigeria Union of Journalists (NUJ) in Imo.