Home Topics Year-end

Year-end

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: Forex spending on food importation dropped by half in January

The CBN’s economic report on ‘Sectoral Utilisation of Foreign Exchange’ for January said a total of $160 million was spent from Nigeria’s FX on importing food in January.
Malawi will destroy over 16 000 expired coronavirus vaccines donated to the impoverished country by the African Union three weeks before their use-by-date, a health official said on Wednesday.

Malawi to destroy 16 000 expired coronavirus vaccines

Malawi will destroy over 16 000 expired coronavirus vaccines donated to the impoverished country by the African Union three weeks before their use-by-date, a health official said on Wednesday.
The Senate has described as “erroneous” report that it approved fresh loan of N850 billion at the plenary on Tuesday.

Senate gives CBN governor 72 hours ultimatum to appear over ‘missing $9.5 million’

The Senate has given the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, an ultimatum of seventy-two hours to appear before it to explain. what led to the alleged disappearance of $9.5m interest accrued from Petroleum Profit Tax (PPT) investment.
Leicester City manager Brendan Rodgers was full of praise for striker Kelechi Iheanacho, who scored his first Premier League hat-trick in the 5-0 hammering of bottom placed Sheffield United on Sunday.

Leicester City announce decrease in turnover to £150 million in financial report

Leicester City Football Club have announced a decrease in turnover to £150 million its financial results for the year-ending – the first published measurement of the impact of COVID-19 on the Club’s finances.
Namibia plans to go ahead with the roll-out of the AstraZeneca vaccine even after South Africa stalled its use because trials showed it’s less effective against mild infection of a Covid-19 strain dominant in the region.

First coronavirus vaccine doses dispatched by COVAX arrive in Ghana

A flight carrying 600,000 doses of the AstraZeneca/Oxford vaccine produced by the Serum Institute of India landed in Ghana’s capital Accra, the World Health Organization (WHO) and the United Nations International Children’s Emergency Fund (UNICEF), said in a joint statement.
There has been movement in the rankings of female tennis professionals especially those who had a strong showing with remarkable performances and great results in the recently concluded first Grand Slam, the Australian Open, in Melbourne Park.

ATP Women’s rankings reflect progress from Australian Open

There has been movement in the rankings of female tennis professionals especially those who had a strong showing with remarkable performances and great results in the recently concluded first Grand Slam, the Australian Open, in Melbourne Park, Victoria.
FILE PHOTO - Bill Gates, Co-Chair of Bill & Melinda Gates Foundation, gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 25, 2018. REUTERS-Denis Balibouse

Bill Gates sees 6-8 month lag for poor countries to get coronavirus shots

Poorer countries face a best-case scenario of a 6-8 month lag behind richer nations in getting access to COVID-19 vaccines to protect their populations against the pandemic disease, the philanthropist Bill Gates said on Wednesday.
An employee serves a glass of Champagne during the traditional wine harvest at the Champagne house Deutz in Ay, France, September 22, 2016. REUTERS-Benoit Tessier

Champagne loses its fizz as pandemic hits sales

Producers group CIVC said on Tuesday that sales of bubbly dropped 18% in 2020 by volume and the pandemic would continue to weigh on demand in the first half of this year, although the extent of last year’s decline was less than initially forecast and there was some year-end cheer.
An economist, Ms Razia Khan, also Managing Director-Chief Economist, Africa and Middle East, Global Research, Standard Chartered Bank, on Tuesday said Nigeria would see a restoration of positive growth.

2021 Outlook: Nigeria will record positive GDP growth – economist

An economist, Ms Razia Khan, also Managing Director/Chief Economist, Africa and Middle East, Global Research, Standard Chartered Bank, on Tuesday said Nigeria would see a restoration of positive growth.
Apple removed 39,000 game apps on its China store Thursday, the biggest removal ever in a single day, as it set year-end as deadline for all game publishers to obtain a licence.

Apple purges 39,000 game apps from China store to meet year-end licence deadline

Apple removed 39,000 game apps on its China store Thursday, the biggest removal ever in a single day, as it set year-end as deadline for all game publishers to obtain a licence.
The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

Governor Obaseki: Our strategy to tackle coronavirus second wave

The Edo State Governor, Mr. Godwin Obaseki, has said that the state government’s strategy to tackle the second wave of the COVID-19 pandemic is to reduce the rate of spread and the disease death rate in the state.
People undergo coronavirus disease (COVID-19) tests at a coronavirus testing site which is temporarily set up in front of a railway station in Seoul, South Korea, December 21, 2020. REUTERS-Kim Hong-Ji

Asia monitoring new UK strain, no flights cancelled yet

Battling their own surges in coronavirus cases, Asian nations including Japan and South Korea said they were closely monitoring a new super virulent strain of the virus identified in Britain, but none immediately cancelled UK flights
FILE PHOTO- French President Emmanuel Macron stands outside the Elysee Palace in Paris, France, October 28, 2020. REUTERS-Charles Platiau

Emmanuel Macron tests positive for coronavirus

The 42-year-old took a test ‘as soon as the first symptoms appeared,’ the Elysee Palace said in a brief statement.
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.

Nigeria’s external reserve slips to $34.85 billion

Nigeria’s foreign reserves plummeted further at $34.85 billion on December 14, as the Central Bank of Nigeria (CBN) continues its interventions across the various foreign exchange (FX) windows despite declining dollar inflows.

Ecobank posts N461 billion revenue in nine months

Ecobank Group has recorded a revenue of N461.2 billion for the nine months for the period ended September 30, 2020, representing nine per cent increase compared with N422.6 billion posted in the corresponding period of 2019.
Soccer Football – Tottenham Hotspur Stadium Test Event – Under 18 Premier League – Tottenham Hotspur v Southampton – Tottenham Hotspur Stadium, London, Britain – March 24, 2019 General view inside the stadium during the match REUTERS/David Klein

Tottenham will suffer serious loss of income without fan attendance – chairman

Tottenham Hotspurs will suffer a loss of more than £150m if the stadium remains closed to fans for the rest of the financial year, says chairman Daniel Levy.
The Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Oscar Onyema, has harped on the importance of market data as a fundamental tool for making sound financial decisions.

Oscar Onyema: Market data critical for investment decisions

The Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Oscar Onyema, has harped on the importance of market data as a fundamental tool for making sound financial decisions.
The IMF warned in 2018 that Zambia was at high risk of debt distress.

Zambia nears default with bondholders set to refuse relief

A key bondholder group is set to reject Zambia's request for an interest-payment holiday, putting the country on course to become the first African sovereign defaulter since the onset of the coronavirus pandemic.

Recent Stories

Vice President Yemi Osinbajo has charged stakeholders in the oil industry to find a way of producing oil cheaper at the largest volume possible given the circumstances and future of oil itself and the country’s of requirements and needs.

VP Osinbajo to represent Nigeria at Ugandan presidential inauguration

Vice President Yemi Osinbajo will represent Nigeria at the sixth inauguration of President Yoweri Museveni of Uganda.
Lagos State Governor, Babajide Sanwo-Olu, has approved the resumption of all Public Servants on GL 1 -12 with effect from Monday, November 2, 2020.

Lagos recovers N50 million over fraudulent real estate activities

The Lagos State Government on Tuesday said it had recovered more than N50 million from parties involved in illegal real estate transaction activities.
The Deputy Governor, Dr Manassah Daniel Jatau, stated this when the Nigerian Governors’ Forum (NGF) rose from its meeting on Wednesday at the NGF Secretariat in Abuja.

Gombe eyes World Bank loan to address erosion at Federal College

The state’s Deputy Governor, Manassah Jatau, made the declaration in Gombe on Tuesday when a Presidential Visitation Panel, led by Prof. Kenneth Okiongbo, visited the school.
In a demonstration to tackle the menace of ghost workers that has continue to drain the coffers of government, Bauchi State Governor, Sen Bala Abdulkadir Mohammed will hold a public parley with all the stakeholders involved in the payment of workers salaries in the state.

Bauchi traffic agency to enforce ban on commercial motorcyclists – chairman

The Bauchi State Road Traffic Agency (BAROTA), on Tuesday, reiterated that activities of commercial motorcycle riders, popularly known as ‘Okada’ or ‘Achaba’, remained banned in the state.

South Sudan faces its worst food security crisis as humanitarian aid dwindles

An African regional organisation said about 60 per cent of people from South Sudan are facing “their worst food security” and nutrition crisis since the country became independent a decade ago.

Most Popular

Jorge Mendes is to help Jose Mourinho secure his next job in the Premier League, with Wolves being mentioned as a possibility by Don Balon.

Tottenham warn Jose Mourinho on Eric Dier, Pierre-Emile Hojbjerg

According to The Mirror, Spurs have told former manager Mourinho he will not be able to sign Eric Dier or Pierre-Emile Hojbjerg next season at Roma.

Man kills wife over sex, commits suicide

A 38-year-old woman from Adumasa, a farming town in the Ashanti region has been butchered by her husband on their cocoa farm.
Criminal proceedings against FIFA president Gianni Infantino have been launched in Switzerland.

FIFA supremo urges restraint in punishing Super League clubs

FIFA president Gianni Infantino says he is not in favour of sanctions against the 12 clubs that tried to launch a European Super League, preferring “dialogue” on football reform.
Abdullahi Ganduje

Kano government mulls closure of more boarding schools over insecurity

Kano State government has said that it would not hesitate to shut down more boarding schools if the state of insecurity across the country, especially in some of its neighboring states, worsens.

Abia: Tension as hoodlums raze police station

Residents of Umuahia the capital city of Abia state were on Sunday gripped by tension following an attack on a police station within the capital city territory by unknown gunmen.