Archives for May, 2020
Budget 2020: FG in fresh bid to borrow N5.51trn
Buhari •Increases debt servicing from to N3trn •Senate to give accelerated approval next Tuesday •Labour, CSOs, experts worry over rising debt profile, servicing •Want govt to stop borrowing to finance…
COVID19: NDDC shuts down, orders all staff on isolation
By Ngozi Onyeakusi-- Niger Delta Development Commission (NDDC) has ordered the shutdown of its headquarter office in Port Harcourt, Rivers State. The commission gave the order following the sudden death…
Kogi State rejects two coronavirus cases, says it’s fraudulent …As NCDC insists standard procedure was followed
Kogi State Governor, Yahaya Bello The Kogi State Government, North Central Nigeria, has rejected recent coronavirus report released by the Nigeria Centre for Disease Control NCDC, in which it said…
CBN MPC reduce MPR to 12.5%, retains CRR at 27.5%
By Ngozi Onyeakusi--The Monetary Policy Committee (MPC) of the Central of Bank of Nigeria has reduced the Monetary Policy Rate to per cent from per cent. It however retained the…
ACCA joins International Chamber of Commerce’s (ICC) global call to action to save small-to-medium-sized businesses
ACCA (the Association of Chartered Certified Accountants) has signed a Memorandum of Understanding (MOU) with the International Chamber of Commerce (ICC) United Kingdom. The MOU sees ACCA joining forces with…
AIICO Insurance Grows Premiums By 23% To ₦17.6bn In 2020 Q1
Fajemirokun By Ngozi Onyeakusi-- AIICO Insurance Plc has recorded Gross Written Premiums of ₦, showing a 23% surge from recorded in the same period of 2019. This growth, according to…
Notore lifts Rivers State communities, state govt with COVID-19 relief package
Ayade By Ngozi Onyeakusi-- Leading Nigerian agribusiness company, Notore Chemical Industries Plc, has cushioned the socio-economic effects of the coronavirus (COVID-19) pandemic in Rivers State, with the donation of truckloads…
Teenage wife kills husband for trying to have sex with her, says she didn’t know sex is marital obligation
A 17 years old Bauchi teenager who confessed to Vanguard why she killed her husband said she didn’t know that sex is a marital obligation. Salma Hassan, a resident of…
Why Cross River is COVID-19 free – Ayade
Ayade Cross River State Governor Ben Ayade has explained some of the strategies used to ensure that the state has not recorded any case of COVID-19. The governor in an…
Public Holidays: CBN reschedules MPC meeting
By Ngozi Onyeakusi-- The Central Bank of Nigeria (CBN) has rescheduled it’s Monetary Policy Committee (MPC) meeting from Monday and Tuesday May 25 and 26 to Thursday, May 28. The…