Members of the Lagos State House of Assembly have paid tributes to a former Chairman of the House Committee on Information, Strategy and Security, Tunde Braimoh. During a valedictory session in his honour on Monday, the lawmakers lauded the contributions of the deceased to the Kosofe Constituency II, which he represented, and the Assembly. The […]
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The Chief Executive Officer of Nigeria.s foremost hospitality entity, Transcorp Hotels Plc, Dupe Olusola has said the key priority of its properties, Transcorp Hilton Abuja and Transcorp Hotels Calabar, is safety amidst the COVID-19 pandemic. She said this at the Africa Tomorrow Hospitality conference during her spotlight discussion led by Nicolas Pompigne-Mognard, Founder and Chairman […]
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The Lagos State Internal Revenue Service (LIRS) has commenced the implementation of additional reliefs and measures to further ease the impact of the pandemic on taxpayers in Lagos state. The measures, according to a statement became effective on July 16, 2020. It stated that the additional measures and incentives were sequel to the agency’s initial […]
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Nigeria has recorded 576 new cases of COVID-19, bringing to 37,801 the number of confirmed cases in the country. It also said four persons have died from COVID-19 related complications in the last 24 hours, raising the death tally to 805. Announcing this Tuesday, the Nigeria Centre for Disease Control (NCDC) said Lagos recorded 88 […]
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An Economist says Prof. Mike Obadan, has lauded the implementation of the operational guidelines on Global Standing Instruction (GSI) issued by the Central Bank of Nigeria, (CBN),saying it will encourage commercial banks to lend money for developmental purposes. Obadan, the Chairman of GoldMark Education Academy and a Non-Executive Director of the Central Bank of Nigeria […]
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The Securities and Exchange Commission (SEC), has expressed its readiness to automate capital market processes to conform to current technological trends to ensure more efficient market. The Director-General of SEC, Mr Lamido Yuguda said this at a meeting with the Minister of Communication and Digital Economy, Dr Isa Pantami in Abuja on Monday. […]
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The Nigerian Senate, the country’s upper legislative chamber, has officially confirmed the nomination of Prof. Umar Garba Danbatta for reappointment as the Executive Vice Chairman (EVC) and Chief Executive Officer (CEO) of the Nigerian Communications Commission (NCC). The Senate confirmed Danbatta during its plenary on Tuesday, July 21, 2020 in Abuja, following the consideration of […]
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Nigeria has recorded 576 new cases of COVID-19, bringing to 37,801 the number of confirmed cases in the country. It also said four persons have died from COVID-19 related complications in the last 24 hours, raising the death tally to 805. Announcing this Tuesday, the Nigeria Centre for Disease Control (NCDC) said Lagos recorded 88 […]
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The federal government has received $890 million as grants from the Global Fund to fight HIV/AIDS, tuberculosis and malaria. The Minister of Health, Dr. Osagie Ehanire, said yesterday that the fund would be used to implement programmes aimed at eradicating the diseases over a three year period, from 2021 to 2023. Ehanire said that the […]
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The Senate on Tuesday asked heads of the country’s armed forces to step down following the killings of soldiers fighting insurgency and banditry in parts of northern Nigeria. But the Presidency, in its reaction, disagreed, saying it is the prerogative of the President, Major General Muhammadu Buhari (retd), to appoint and sack the service chiefs […]
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Access Bank Plc on Monday announced that it had successfully completed acquisition of the Transnational Bank (Kenya) Plc following receipt of full regulatory approvals and fulfilment of all conditions. The Company Secretary, Mr Sunday Ekwochi, informed the investing public and the Nigerian Stock Exchange (NSE) in a statement posted on the website of the Exchange. […]
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its meeting on Monday retained its Monetary Policy Rate (MPC) which measures the interest rate at which the apex bank lends to commercial banks, at 12.5 per cent. It maintained that tightening the rate at this time could hinder expansion of affordable […]
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