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Edo guber: NCP pledges sustainable development via 10-care programmes

As Edo prepares to elect its governor on Sept. 19, the National Conscience Party (NCP) candidate, Pastor Peter Omoragbon, has pledged massive transformation through a 10-care programme, if elected.
South Africa’s central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments.

South Africa suspends use of Land Bank debt as collateral after default

South Africa’s central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments.
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 central bank switches back to one daily repo auction

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 African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month.

South African Airways to continue honouring flight obligations

South African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month.
South Africa’s rand firmed against the dollar early on Wednesday after President Cyril Ramaphosa announced a 500 billion rand ($26.41 billion) rescue package on Tuesday evening to cushion the economic blow of the COVID-19 pandemic.

South Africa’s net foreign reserves rise to $45.5 billion in April

Gross reserves also increased, to $53.003 in April from $52.458 billion previously. The forward position, representing the central bank’s unsettled or swap transactions, decreased to a balance of $592 million in April after a positive balance of $631 million previously.
Koeberg Nuclear Power Plant. 21 August 2010. Wikimedia Commons-Paul Scott

South Africa to develop plan for new 2,500 MW nuclear plant

South Africa will soon start developing a plan for a new 2,500 megawatt (MW) nuclear power plant, the energy ministry told lawmakers on Thursday.
Mine workers are seen under ground at the end of their shift at Cullinan mine, near Pretoria, South Africa, February 1, 2019. REUTERS-Siphiwe Sibeko-File Photo

Coronavirus lockdown pushes South African PMI to record low in April

South African private sector activity fell to a new record low in April, a business survey showed on Wednesday, as company closures due to a nationwide coronavirus lockdown led to a collapse in demand.
A man walks past a closed Toyota car dealership during the coronavirus disease (COVID-19) nationwide lockdown in Cape Town, South Africa, April 28, 2020. REUTERS-Mike Hutchings

South Africa’s auto industry ambitions threatened by coronavirus

The expansion of South Africa’s auto industry is central to the government’s economic development strategy but the coronavirus crisis has forced carmakers into survival mode and could push ambitious growth plans out of reach.

World Bank: 12 states miss out of N1.37 billion fiscal transparency grant

The World Bank on Tuesday said 12 states missed out of its $4.5 million (N1.37 billion) State Fiscal Transparency, Accountability and Sustainability (SFTAS) Programme for Results 2018 grant for not meeting the eligibility criteria.

Central bank targets forex earnings from artificial intelligence, software development

Briefing the media Saturday in Ogere, Ogun State, after the Bankers’ Committee Retreat, the CBN Governor, Mr Godwin Emefiele, said the initiatives are in consonance with theme of the event, ‘Delivering increasing Growth through Digital Finance for the Nigerian Economy.’
The Minister of Special Duties and Intergovernmental Affairs, Senator George Akume, yesterday, said most farmers in the country are currently smiling to the banks as a result of border closure by the Federal Government.

Senator Akume: Border closure already paying off for local farmers in Nigeria

The Minister of Special Duties and Intergovernmental Affairs, Senator George Akume, yesterday, said most farmers in the country are currently smiling to the banks as a result of border closure by the Federal Government.

FAAN seeks dialogue to avert litigations with partners

The Federal Airports Authority of Nigeria (FAAN) has appealed to all its partners in business to embrace dialogue as a means of resolving issues rather than litigation.
President Muhammadu Buhari in his goodwill message to the Esogban by the Senior Special Assistant on Media and Publicity, Mallam Garba Shehu, joined members of Edebiri family, friends and well-wishes in celebrating an important and respected son of Bini Kingdom’s rich culture and heritage.

President Buhari cautions police against harassing innocent Nigerians

President Muhammadu Buhari has cautioned officers and men of the Nigeria Police Force against harassing young people in their bid to arrest `yahoo criminals.’
President Muhammadu Buhari on Tuesday has said that he is suffering from cold.

President Buhari warns police officers to stop harassing young people with laptops

President Muhammadu Buhari has cautioned officers and men of the Nigeria Police Force against harassing young people in their bid to arrest `yahoo criminals.’
The Acting Inspector General of Police, Mohammed Adamu, has ordered vehicular restriction from 6am – 6pm tomorrow 16 February during the election.

Insecurity: IGP convenes three-day retreat for strategic police managers

Inspector-General of Police (IGP), Mohammed Adamu, is organizing a 3-Day Conference and Retreat for Strategic Officers of the Nigeria Police Force to equip them with new policing approaches, guidelines and tools towards effectively addressing prevailing and emerging crimes and security threats in the country.

Scientists: Lagos at risk of grave flood

Three environmental scientists have warned people living in coastal cities, such as Lagos, to beat a retreat now or face the prospect of a disorderly, chaotic withdrawal in about three decades, as climate change worsens.
Omarian Banks

Man shoots teenager for knocking on his door

A Georgia man has been arrested after he fatally shot a 19-year-old man who accidentally knocked on the wrong apartment door.

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Legal luminary, Chief Richard Akinjide, SAN, a former Minister of Justice and Attorney-General of the Federation, died in his Ibadan, Oyo State residence early Tuesday after a protracted ailment, family sources told the press.

Richard Akinjide buried in line with coronavirus protocol – family

A former Attorney-General of the Federation and Minister of Justice, Richard Akinjide, who died on April 22, was buried on Thursday in Ibadan, his family said.
Apple has removed Epic Games’ battle royale Fortnite from the App Store after the developer on Thursday implemented its own in-app payment system that bypassed Apple’s standard 30 percent fee.

Apple removes Fornite from App Store

Apple has removed Epic Games’ battle royale Fortnite from the App Store after the developer on Thursday implemented its own in-app payment system that bypassed Apple’s standard 30 percent fee.

NBS, IOM to conduct study on dangers of irregular migration

The National Bureau of Statistics (NBS) in collaboration with International Organisation for Migration is conducting a pilot survey on the above named subject matter in Edo, Delta, Lagos and Imo states.
Christian Association of Nigeria | CAN

CAN announces intercessory prayer session over insecurity in Nigeria

The Christian Association of Nigeria (CAN) has declared August 23 a day of collective intercessory prayer for Nigeria over insecurity situation in the country.
Former United Nations, UN, Secretary-General, Ban Ki-Moon, has described the appointment of Prof Ibrahim Gambari as Chief of Staff to President Muhammadu Buhari as a great asset to Nigeria and Africa ”in a broader sense.”

President Buhari’s chief of staff receives suspended Anambra monarchs

The Chief of Staff to the President, Prof Ibrahim Gambari, on Thursday, received some traditional rulers from Anambra State at the Presidential Villa, Abuja.