Business

Grade 10 Civil Servants in Cross River state, has been asked to resume work against the Stay-at-home, and social distancing rules of the World Health organisation to contain the spread of the virus. The Governor, Prof. Ben Ayade, who gave the directive three days after he said no need for …

Decision to provide free electricity to Nigerians for two months is yet to be reached, Federal Government confirmed yesterday. The Minister of Power, Saleh Mamman, in a tweet said “No decision has been taken by the Federal Government to provide Nigerians with free electricity for two months. “If and when …

The Former Nigeria Finance Minister, Dr. Ngozi Okonjo-Iweala,among other prominent individuals across the globe, have been appointed to serve the Managing Director, International Monetary Fund, Kristalina Georgieva, to serve as her new External Advisory Group. In a statement posted on the website of IMF, the group said “comprising individuals with …

The Federation Account Allocation Committee yesterday (Monday) shared the sum of N581.56bn to the three tiers of government for the month of February. The February allocation represents a decline of N65.79bn when compared to the N647.35bn which was shared in the month of January. The distribution was made at the …

President, Muhammadu Buhari, has approved the appointment of Bashir Jamoh as the Director-General of the Nigerian Maritime Administration and Safety Agency. The newly appointed DG of the NIMASA is currently the Executive Director, Administration and Finance at the agency. Jamoh, who hails from Kaduna, is also the current president of …

Nigeria has overtaken South Africa as the biggest economy in Africa as the latter enters its second recession in two years. South Africa’s Gross Domestic Product shrank by 1.4 per cent in the fourth quarter of 2019, following a revised 0.8 per cent contraction in the third quarter, data from …

Cheque books with Diamond bank logo has been declared invalid beginning from the 1st of March 2020 According to Access Bank, the decision to discontinue accepting cheque books bearing the logo of its merger partner is to increase efficiency in service delivery. They further advised customers who want to get …

The Benue state Government has giving reason behind the quarantining of over 600 cows, and arrest of 400 herdsmen in the state. Speaking in Makurdi, the state Governor, Samuel Ortom, said the state has seized 600 cows, and arrested 400 herdsmen for flouting the state’s anti-open grazing law. The governor …

The Asset Management Corporation of Nigeria (AMCON) has taken over the residence and company of a former ally of President Muhammadu Buhari, Buba Galadima, over debts up to the tune of N900 million. The properties include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory (FCT), Abuja …

Lagos State Governor, Babajide Sanwo-Olu, has directed the management of Lagos Bus Services Limited (LBSL) to deploy a fleet of 65 buses along major routes from Monday, February 3, 2020. The directive follows a recent ban on the operation of motorcycles and tricycles in some parts of the State. According …