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Category: Local

Coronavirus Pandemic Is Playing To Almost Every One Of Amazon’s Strengths
Local

Coronavirus Pandemic Is Playing To Almost Every One Of Amazon’s Strengths

As the coronavirus pandemic has forced people to stay inside, few companies have proven themselves as essential as Amazon. From…

byEkeminiApril 9, 2020
You Are Wrong, Uwais, Nigeria’s Minister for Social Investment Lectures National Assembly Leadership On Administration’s Social Investment Programmes
Local

You Are Wrong, Uwais, Nigeria’s Minister for Social Investment Lectures National Assembly Leadership On Administration’s Social Investment Programmes

Maryam Uwais, a special adviser to President Buhari on Social Investment Programme has published a long rebuttal to educate the…

byEkeminiApril 9, 2020April 9, 2020
Obasanjo, Okonjo-Iweala Demand $44bn Debt Relief For Africa
Local

Obasanjo, Okonjo-Iweala Demand $44bn Debt Relief For Africa

World leaders, including Olusegun Obasanjo, former president of Nigeria and Ngozi Okonjo-Iweala, former managing director of the World Bank, have…

byEkeminiApril 9, 2020
Nigeria’s Stock Market Extends Gain By N77bn
Local

Nigeria’s Stock Market Extends Gain By N77bn

Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further…

byEkeminiApril 9, 2020April 9, 2020
Power Discos To Offer Customers Two-month Free Electricity in Nigeria
Local

Power Discos To Offer Customers Two-month Free Electricity in Nigeria

Power distribution companies on Wednesday announced that they were in support of proposal by the National Assembly and the Federal…

byEkeminiApril 9, 2020April 9, 2020
Nigeria Records 22 New Cases Of Coronavirus
Local

Nigeria Records 22 New Cases Of Coronavirus

Nigeria has recorded 22 new cases of Coronavirus, 15 in Lagos, four in the Federal Capital Territory, two in Bauchi,…

byEkeminiApril 8, 2020
U.S. GDP Will Contract 30% In Second Quarter, 5% In 2020: PIMCO
Local

U.S. GDP Will Contract 30% In Second Quarter, 5% In 2020: PIMCO

The forced closure of businesses across the United States and surge in unemployment due to the coronavirus pandemic will force…

byEkeminiApril 8, 2020
Nigeria’s Federal Government Reduces 2020 Budget
Local

Nigeria’s Federal Government Reduces 2020 Budget

The Federal Government has sent new budget proposal to the National Assembly for consideration in view of global economic realities…

byEkeminiApril 8, 2020April 9, 2020
Oil Falls To $32 After OPEC Postpones Meeting
Local

Oil Falls To $32 After OPEC Postpones Meeting

The international oil benchmark, Brent crude, fell on Monday after Saudi Arabia and Russia postponed a meeting to discuss output…

byEkeminiApril 7, 2020
Nigeria’s Fed Govt To Suspend Payment Of Interest On Debts Owed By State Governments
Local

Nigeria’s Fed Govt To Suspend Payment Of Interest On Debts Owed By State Governments

The President, Major-General Muhammadu Buhari (retd.), has approved the suspension of the payment of interest on debts owed by state…

byEkeminiApril 7, 2020April 9, 2020
No Buyer Has Rejected Nigeria’s Crude, NNPC Says
Local

No Buyer Has Rejected Nigeria’s Crude, NNPC Says

No buyer of Nigerian crude oil has returned or rejected it despite the glut in global crude oil market, the…

byEkeminiApril 7, 2020
Nigerian Economy Will Contract Without Stimulus – Finance Minister
Local

Nigerian Economy Will Contract Without Stimulus – Finance Minister

Nigeria, Africa’s most populous country, may fall into recession this year if an economic stimulus plan isn’t put in place…

byEkeminiApril 7, 2020
Nigeria Won’t Seek Eurobond Waiver, Looks To China For Debt Relief
Local

Nigeria Won’t Seek Eurobond Waiver, Looks To China For Debt Relief

Nigeria won’t seek a suspension of interest payments from its Eurobond holders, but will seek debt relief from China as…

byEkeminiApril 7, 2020
Petrol Subsidy Gone Forever, Says NNPC
Local

Petrol Subsidy Gone Forever, Says NNPC

The era of subsidy on petrol is gone forever, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, said…

byEkeminiApril 7, 2020April 8, 2020
Fitch Downgrades Nigeria To ‘B’ Negative Outlook
Local

Fitch Downgrades Nigeria To ‘B’ Negative Outlook

Fitch Ratings has downgraded Nigeria’s long-term foreign-currency issuer default rating to ‘B’ from ‘B+, which means the outlook is negative.…

byEkeminiApril 7, 2020
Nigeria Records 6 New Cases Of Coronavirus, Total Cases Now 238
Local

Nigeria Records 6 New Cases Of Coronavirus, Total Cases Now 238

The Nigeria Centre for Disease Control announced six new coronavirus cases in Nigeria bringing the total cases in the country…

byEkeminiApril 6, 2020
Coronavirus: UK Car Registration Drops By 40%
Local

Coronavirus: UK Car Registration Drops By 40%

New car registrations for March saw a steeper fall than during the financial crisis, according to the motor industry. Data…

byEkeminiApril 6, 2020
Buhari Approves Recruitment Of 774,000 Nigerians To Cushion Effect Of Coronavirus
Local

Buhari Approves Recruitment Of 774,000 Nigerians To Cushion Effect Of Coronavirus

President Muhammadu Buhari on Monday approved the engagement of 774, 000 Nigerians on a Special Public Works programme in the…

byEkeminiApril 6, 2020
Nigeria To Borrow $6.9 Billion To Counter Coronavirus Spread
Local

Nigeria To Borrow $6.9 Billion To Counter Coronavirus Spread

State to tap IMF rapid-credit facility, expects funds by May. Minister says talks are underway for two-year debt moratorium

byEkeminiApril 6, 2020
BREAKING: Buhari Orders $150m Withdrawal From NSIA To Augment FAAC Disbursement
Local

BREAKING: Buhari Orders $150m Withdrawal From NSIA To Augment FAAC Disbursement

President Muhammadu Buhari has ordered that $150 million be withdrawn from the National Sovereign Investment Authority (NSIA). The Minister of…

byEkeminiApril 6, 2020
NCC Clears The Air Over Conspiracy Theory Linking 5G And Coronavirus
Local

NCC Clears The Air Over Conspiracy Theory Linking 5G And Coronavirus

The Nigerian Communications Commission, NCC, has released a statement on the conspiracy theory linking the coronavirus disease with 5G telecommunications…

byEkeminiApril 6, 2020
Coronavirus: Air Peace Delivers FG’s medical Supplies From Turkey
Local

Coronavirus: Air Peace Delivers FG’s medical Supplies From Turkey

The Federal Government has taken delivery of medical supplies from Istanbul, Turkey, to fight the coronavirus pandemic. The supplies were…

byEkeminiApril 6, 2020
Dangote Cement to raise N100bn in fresh bond
Local

Dangote Cement to raise N100bn in fresh bond

Dangote Cement Plc has said it is seeking to b up to N100bn from the bond market under its N300bn Debt Issuance Programme

byEkeminiApril 6, 2020April 6, 2020
Breaking: Police Arrest Funke Akindele For Hosting House Party During Lockdown
Local

Breaking: Police Arrest Funke Akindele For Hosting House Party During Lockdown

The Lagos State Police Command has arrested Funke Akindele for hosting a party in contravention of the lockdown order in…

byEkeminiApril 5, 2020April 5, 2020
How Low Will Oil Price Go And Who Will Blink First?
Local

How Low Will Oil Price Go And Who Will Blink First?

OPEC has portrayed itself as a source of stability in a chaotic world But the cartel undercut that argument last…

byEkeminiApril 5, 2020
Nigeria Records 10 New Cases Of Coronavirus
Local

Nigeria Records 10 New Cases Of Coronavirus

Nigeria has recorded 10 new cases of coronavirus in the Federal Capital Territory, Abuja, Lagos, and Edo States, the Nigeria…

byEkeminiApril 5, 2020
Nigeria Records Five New Cases Of Coronavirus
Local

Nigeria Records Five New Cases Of Coronavirus

Nigeria has five new confirmed cases of coronavirus, according the Nigeria Centre for Disease Control. Three of the cases were…

byEkeminiApril 4, 2020April 4, 2020
How To See The World Without Leaving Your House
LocalWorld

How To See The World Without Leaving Your House

Airlines around the world have grounded their flights. Countries have shut their borders, and ordered everyone indoors. The age of…

byEkeminiApril 4, 2020
Most people recover from Covid-19 without medical care, making them hard to track
Local

Most people recover from Covid-19 without medical care, making them hard to track

Most people with Covid-19 have mild illness and are able to recover at home without medical care, while severe cases…

byEkeminiApril 4, 2020
No Licence Issued For 5G In Nigeria – Fed Govt
LocalTechnology

No Licence Issued For 5G In Nigeria – Fed Govt

The Minister of Communications and Digital Economy, Isa Pantami, on Saturday said no licence has been issued for 5G in…

byEkeminiApril 4, 2020

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