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Category: Local

Jeff Bezos to donate $100 million to American food banks
Local

Jeff Bezos to donate $100 million to American food banks

Jeff Bezos is donating $100 million to US food banks to help them feed a growing number of out-of-work Americans…

byEkeminiApril 3, 2020
Coronavirus: FG To Evacuate Nigerians Abroad
Local

Coronavirus: FG To Evacuate Nigerians Abroad

The Ministry of Foreign Affairs has directed all its missions abroad to compile a list of willing Nigerian nationals who…

byEkeminiApril 3, 2020
Coronavirus: FG Distributes Cash To Anambra, Katsina and Nasarawa Residents
Local

Coronavirus: FG Distributes Cash To Anambra, Katsina and Nasarawa Residents

The Federal Government’s conditional cash transfer to the most indigent and vulnerable people across the country entered its second day…

byEkeminiApril 3, 2020
Nigeria’s Response To Coronavirus Is Remarkable – United Nations
Local

Nigeria’s Response To Coronavirus Is Remarkable – United Nations

The United Nations has praised Nigeria for it’s handling of the Coronavirus pandemic. Nigeria, Africa’s most populated country with an…

byEkeminiApril 3, 2020April 4, 2020
Nigerian Breweries To Raise More Funds Via CP
BusinessLocal

Nigerian Breweries To Raise More Funds Via CP

Barely two months after brewery giant, Nigerian Breweries Plc launched series 5 and 6 Commercial Paper (CP) to raise N45 billion to…

byEkeminiApril 3, 2020
Nigeria Says It Needs Radical Reforms After Oil Plunge
Local

Nigeria Says It Needs Radical Reforms After Oil Plunge

Nigeria is faced with an economic challenge that is unprecedented in its history and will need radical reforms to overcome…

byEkeminiApril 3, 2020
Google To Publish User Location Data To Help Fight Coronavirus
Local

Google To Publish User Location Data To Help Fight Coronavirus

Google will publish location data from its users around the world from Friday to allow governments to gauge the effectiveness…

byEkeminiApril 3, 2020
Nigeria’s Foreign Reserves Drop To $35.51bn
Local

Nigeria’s Foreign Reserves Drop To $35.51bn

The country’s foreign reserves have continued its downward trend dropping by $3.02bn from $38.53bn on January 2, 2020 to $35.51bn…

byEkeminiApril 3, 2020
Nigeria’s Total Public Debt Increases To N27.4tn – DMO
Local

Nigeria’s Total Public Debt Increases To N27.4tn – DMO

The Federal Government and the 36 states, as well as the Federal Capital Territory, owed a total N27.4tn as of…

byEkeminiApril 2, 2020April 3, 2020
Osun State Government Confirms Six News Cases Of Coronavirus
Local

Osun State Government Confirms Six News Cases Of Coronavirus

Osun State Government on Thursday confirmed that six more Ivory Coast returnees tested positive for coronavirus. The development brings the…

byEkeminiApril 2, 2020April 2, 2020
Ministry Of Finance Asks Elon Musk For Ventilators On Twitter, And Nigerians Are Not Amused
Local

Ministry Of Finance Asks Elon Musk For Ventilators On Twitter, And Nigerians Are Not Amused

Nigeria has shown interest in getting at least 100 to 500 free ventilators from Elon Musk, a South African-born American…

byEkeminiApril 2, 2020
Trapped by Coronavirus, Nigeria’s Elite Faces Squalid Hospitals
Local

Trapped by Coronavirus, Nigeria’s Elite Faces Squalid Hospitals

Border closures mean the powerful can’t seek treatment abroad. Nigeria has 75,000 doctors, far below WHO recommendations

byEkeminiApril 2, 2020
Atedo Peterside Quits NB Board
BusinessLocal

Atedo Peterside Quits NB Board

Mr Atedo Peterside Wednesday resigned from the board of directors of Nigerian Breweries Plc. The company secretary, Mr Uaboi Agbebaku,…

byEkeminiApril 2, 2020April 2, 2020
Breaking: Nigeria Records 23 New Cases Of Coronavirus
Local

Breaking: Nigeria Records 23 New Cases Of Coronavirus

Nigeria has recorded 23 new cases of coronavirus, bringing the total number of infections in the country to 174. The…

byEkeminiApril 1, 2020
Ikeja electric suspends disconnection activities
Local

Ikeja electric suspends disconnection activities

Ikeja Electricity Distribution Company(Ikeja Electric) has announced the suspension of all disconnection activities of non-paying customers for the period of two…

byEkeminiApril 1, 2020
Twelve New Cases Of Coronavirus Detected In Nigeria
Local

Twelve New Cases Of Coronavirus Detected In Nigeria

The Nigeria Centre for Disease Control has announced twelve new cases of Coronavirus in Nigeria. The NCDC in a statement…

byEkeminiApril 1, 2020
Coronavirus: US Unemployment To Hit 15% – Goldman Sachs
Local

Coronavirus: US Unemployment To Hit 15% – Goldman Sachs

After a dismal winter, China’s economy is showing signs of life. But a recovery in Asia won’t paper over problems in…

byEkeminiApril 1, 2020
NERC suspends electricity tariff increase
Local

NERC suspends electricity tariff increase

The Nigerian Electricity Regulatory Commission has suspended the proposed increase in electricity tariffs initially slated for Wednesday (today). NERC had…

byEkeminiApril 1, 2020April 1, 2020
Nigerian Naira Black-Market Rate Weakest In Three Years
Local

Nigerian Naira Black-Market Rate Weakest In Three Years

The Nigerian currency depreciated to its weakest level since February 2017 in the unofficial black market after the country’s central bank cut supply to dealers.

byEkeminiApril 1, 2020April 1, 2020
MTN Mulls Phased Sale Of Nigerian Stocks To Local Investors
BusinessLocal

MTN Mulls Phased Sale Of Nigerian Stocks To Local Investors

MTN Group has said it would push on with a plan to reduce its majority stake in the wireless carrier’s…

byEkeminiApril 1, 2020
Breaking: FG Reduces Price Of Petrol To N123.5/Litre.
Local

Breaking: FG Reduces Price Of Petrol To N123.5/Litre.

The Federal Government on Tuesday night announced the reduction in the price of petrol from N125/litre to N123.5/litre. The new…

byEkeminiApril 1, 2020
Coronavirus: NCDC Announces Four New Cases In Abuja And Lagos
Local

Coronavirus: NCDC Announces Four New Cases In Abuja And Lagos

The  Nigeria Centre for Disease Control has announced four new cases of coronavirus in Nigeria. According to agency, three of…

byEkeminiMarch 31, 2020
Naira Slumps Further, Dollar Sells for N412
Local

Naira Slumps Further, Dollar Sells for N412

The dollar exchanged for N412 on Monday at the Bureau De Change segment of the market. This followed a temporary…

byEkeminiMarch 31, 2020March 31, 2020
Unilever Nigeria records N60.5 billion revenue in 2019
Local

Unilever Nigeria records N60.5 billion revenue in 2019

The audited financial statement shows a turnover of N60.5 billion in the year under review. The figure is a decline compared to N92.89 billion recorded for the corresponding year, 2018.

byEkeminiMarch 31, 2020
‘We Don’t Work, We Don’t Eat’, Informal Workers In Lagos Bemoan Lockdown Of The City
Local

‘We Don’t Work, We Don’t Eat’, Informal Workers In Lagos Bemoan Lockdown Of The City

Many countries in Africa are imposing lockdowns on their citizens as they race to curb the spread of coronavirus. But…

byEkeminiMarch 31, 2020March 31, 2020
CBN temporarily suspends cheque clearing during Coronavirus lockdown
Local

CBN temporarily suspends cheque clearing during Coronavirus lockdown

The Central Bank of Nigeria (CBN), on Monday, announced that all deposit money banks in the country and the Nigerian…

byEkeminiMarch 31, 2020March 31, 2020
Nigeria’s Coronavirus Cases Hits 135
Local

Nigeria’s Coronavirus Cases Hits 135

Four new cases of coronavirus have been reported in Nigeria. Of the four, three were recorded in Osun State and…

byEkeminiMarch 31, 2020
As Oil Price Continues To Fall, Experts Believe Further Cut In 2020 Budget Imminent
Local

As Oil Price Continues To Fall, Experts Believe Further Cut In 2020 Budget Imminent

The latest development in the international oil market may have rendered inoperative the recently reviewed oil price benchmark for 2020…

byEkeminiMarch 31, 2020
Autosales Dropped Drastically In March
Local

Autosales Dropped Drastically In March

U.S. new vehicle sales likely drove off a cliff in March as the coronavirus pandemic pounded consumer confidence and shuttered…

byEkeminiMarch 30, 2020
Fidelity Bank To Shut Down Branches In Lagos, Ogun, And Abuja
Local

Fidelity Bank To Shut Down Branches In Lagos, Ogun, And Abuja

Fidelity Bank on has announced that it would close all its branches in Lagos, Ogun and the Federal Capital Territory…

byEkeminiMarch 30, 2020March 31, 2020

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