NCDC confirms 182 new cases of COVID-19, total active cases now hits 6064
The Nigeria Centre for Disease Control (NCDC) on Thursday recorded 182 new cases of the Coronavirus, (COVID-19), in the country, the total active cases for
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‘Refineries record N50bn loss in 5 months’
The nation’s three refineries located in Port Harcourt, Kaduna and Warri have recorded a combined loss of N50 billion in five months (January to May)
CBN cuts MPR to 12.5%, advises on how to avoid recession
Disburses N93.2bn to manufacturers The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its 273rd meeting on Thursday with a
Shake-up as Navy redeploys 110 Admirals, Commodores
IGP appoints new CPs for Edo, Osun, Oyo, others The Nigerian Navy Headquarters in Abuja has announced the redeployment of 110 senior officers to head
World airlines’ debt to hit $550 billion by end of year
FG to bail out carriers, ground handlers, others The airline industry’s global debt could rise to $550billion by year-end, the International Air Transport Association (IATA),
Nigeria needs urgent diversification – Century Power CEO
CEO of a power generating company, Century Power Generation Ltd, Dr. Chukwueloka Umeh has stated with the global plunge in oil prices, there is no
Buhari writes National Assembly, seeks $5.5bn fresh loan
President Muhammadu Buhari has sought the approval of Senate for an external loan of 5.513 billion dollars to fund the revised 2020 Appropriation Act. Buhari’s
CBN predicts negative economic growth in Q2
The Central Bank of Nigeria (CBN) has predicted negative Gross Domestic Product (GDP) growth for the country in the second quarter (Q2) 2020 owing to
Senate also at plenary passed for first reading five bills.
The bills are Nigerian Railways Corporation Act repeal and reenactment Bill ,2020 by Sen.Buhari Abdulfatai (APC-Oyo), National Transport Commission Establishment Bill, 2020 by Sen. Buhari
FG Mulls Morning, Afternoon Classes for School Resumption
The Minister of State for Education, Emeka Nwajiuba, has said the federal government is weighing the option of running two classes in the morning and
