Archives for JUST IN - Page 462
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…
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…
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…
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…
Post-COVID-19 Economy: Emefiele Woos Conglomerates
By Ngozi Onyeakusi-- As Nigeria continues the process of full reopening of its economy due to the lockdown over the Corona Virus (COVID-19), the Governor, Central Bank of Nigeria (CBN),…
Many reported dead as Boko Haram storms military base
A military outpost in Niger’s Diffa region that has long been a target of jihadist fighters came under major attack overnight, local sources said Tuesday, with an unknown number of…
Zenith General Insurance PBT Soars by 16% to N3.67bn
By Ngozi Onyeakusi-- Zenith General Insurance Limited has recorded an impressive performance for its full-year financial statements for the period ended 31 December 2019, as its profit before tax soared…
