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Covid-19: Reps ask FG to use local airlines to bring Nigerians...

By Chris Otaigbe The House of Representatives Committee on Aviation has advised the Federal Government against using foreign airlines to evacuate stranded Nigerians from Canada,...

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Global

China reports first day of zero coronavirus related deaths

There have been no new confirmed coronavirus cases logged in China in the last 24 hours for the first time since the pandemic began,...

WHO declares Latin America new COVID-19 epicenter

By Gbadamosi Oladimeji The World Health Organization (WHO) on Friday, declared Latin America “the new epicenter” of the coronavirus pandemic as President Donald Trump ramped...

97 dead, two survivors in Pakistan plane crash

All but two of the 99 people on board a Pakistan passenger plane were killed when it crashed into a residential neighbourhood of Karachi,...

Sons of murdered Saudi journalist Khashoggi ‘forgive’ killers

The sons of murdered Saudi journalist Jamal Khashoggi said Friday they "forgive" the killers of their father, a move analysts said effectively grants clemency...

COVID-19: Trump ‘orders’ reopening of religious houses in US

By Francis Ogwo U.S President Donald Trump has ordered the reopening of religious activities this weekend, thereby bringing an end to the shutdowns put in...

Saudi Arabia, UAE mosques to be closed for Eid prayers – Officials

Mosques will remain closed for prayers on the Eid-Ul-Fitr festival, Saudi and United Arab Emirates officials said on Friday. They call on the population to...

Africa

Two-day old dies of coronavirus in South Africa

A two-day-old baby has died of COVID-19 in South Africa, becoming the country's first neonatal fatality. Health Minister, Dr Zweli Mkhize, made this known on...

West Africa

Two-day old dies of coronavirus in South Africa

A two-day-old baby has died of COVID-19 in South Africa, becoming the country's first neonatal fatality. Health Minister, Dr Zweli Mkhize, made this known on...

Economy

Economy: ‘Inflation rate increased in April by 12.34%’ – National Bureau of Statistics reveals

By Francis Ogwo The National Bureau of Statistics (NBS) has disclosed an increase by 12.34% (year on year) in consumer price index, the variable used...

Transactions remain upbeat on NSE, indices up 1.09%

The nation’s bourse maintained buoyant mood on Tuesday with the key performance indices increasing further by 1.09 per cent on gains by some blue...

Customs generated over N117bn from Tin Can Island in 4 months

By Martins Idakwo The Nigeria customs service (NCS) has reported that it generated N117.839bn from Tin Can Island Port as revenue into the Federal account...

Can water hyacinth stimulate Nigeria’s agro-economy amid oil crash?

By Chris Paul Otaigbe As Nigeria clears her head from the ashes of its Covid-19 caused collapsed Oil wealth, she can do with anything that...

Economists differ on plan to rework 2020 Budget oil benchmark

Some economists have expressed divergent views on plans by the Federal Government to further rework the 2020 Budget oil benchmark of $20 per barrel. In...

Finance

Foreign Exchange: ‘Don’t pressurize the Naira through your activities’ – ABCON President warns members

By Francis Ogwo The Association of Bureau De Change Operators of Nigeria (ABCON) and Forex speculators have been warned to desist from pressurizing the value...

Outgoing CIBN President Uche Olowu tasks banks on ‘ethical leadership’ and ’emotional intelligence’ at...

By Francis Ogwo A call has gone out to stakeholders in the banking industry to leverage on 'emotional intelligence' to build ethical leadership in the...

Covid-19 Budget benchmark review and an economy in rapid reverse

Chris Otaigbe Following the devastating effect of Covid-19 pandemic on the Crude Oil price and the crushing crash in Oil demand, Nigerian government struggles to...

Profit taking: NSE market indices record first week loss of 1.27%

The Nigerian Stock Exchange (NSE)on Friday recorded first week loss with the market indicators dropping 1.27 per cent due to profit taking. Specifically, the market...

Economic Meltdown: FIRS urges banks, telcos, e-commerce to pay taxes during lockdown

By Francis Ogwo The Federal Inland Revenue Service (FIRS) has urged a section of tax payers whose businesses are not affected by the economic crisis...

Business

FG grants new MSMEs 80% discount on product registration with NAFDAC

Gbadamosi Oladimeji The Federal Government has announced that new Micro Small and Medium Enterprises (MSMEs) can now process registration of their products with National Agency...

COVID-19 Lockdown: ‘50% of global airlines may go extinct soon’- IATA warns

By Francis Ogwo Half of global airlines may be wiped out by COVID-19 as the devastating pandemic continues to take its toll, not just on...

Osinbajo’s friends to give N100m grants to 100 business proposals

No fewer than 100 Nigerian business proposals have qualified to receive N1 million each, as business support grants from friends of Vice President Yemi...

We’ve lost N6bn to demurrage over delay in SONCAP — Clearing Agents

The Association of Nigerian Licensed Custom Agents (ANLCA) says its members have lost over N6 billion to demurrage in two months following inability to...

CAC gets new board

The Federal Government on Thursday reconstituted the new board of Corporate Affairs Commission (CAC) and appointed Mr Ademola Seriki as the board Chairman with...

Energy/Oil/Gas

‘NNPC lost N19bn between January and February from refineries’ – FG

By Francis Ogwo The Nigerian National Petroleum Corporation (NNPC) has disclosed that it had lost a total of N18.96bn through its refineries between January and...

We deregulated downstream oil sector in March — Sylva

The Minister of State for Petroleum Resources, Chief Timipre Sylva says the downstream oil sector was deregulated on March 19, with the reduction in...

Alleged Marine Pollution: Shell denies involvement in toxic death of fish species along Niger...

By Francis Ogwo The Shell Petroleum Development Company (SPDC), has denied involvement in the mass death of fish species that were reported floating along the...

Oil prices drop amid supply glut, fears of second coronavirus wave

Oil prices fell on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support...

IPMAN decries proposed merger of PTDF, PPPRA, PEF

The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Saturday decried the proposed merger of three agencies in the petroleum industry. The agencies are: Petroleum...

Editorial

That deliberate gaffe by High Chief Aleogho Raymond Dokpesi

At a time when the world is reeling from the deadly effects of the novel coronavirus that has infected no fewer than five million...

COVID-19 Watch

NCDC announces 265 new cases, total now 7,526

The Nigeria Centre for Disease Control (NCDC) on Saturday confirmed 265 new cases of COVID-19 pandemic, bringing the total cases in Nigeria to 7,526...

Columnists

Washington File by Evelyn Dan Epelle

Re-education of the miseducated in the era of unfiltered information

WASHINGTON - I have found myself, even more frequently, questioning the President of the United States of America. These rhetorical questions of ‘what’ and...

China Chimes by YanDan Zheng

Lawsuits against China on COVID-19 doomed to fail, says Foreign Minister

YanDan Zheng China has officially reacted to a spate of lawsuits and threatened lawsuits in many countries against the communist country for being the first...

Covid-19 cure: Guinea-pigging’ Nigeria’s epicentre

At the tail end of last week, Lagos State Commissioner for Information and Strategy, Mr. Gbenga Omotoso, said the state will, this week, commence...

Opinion

Facts are stubborn things

By Femi Adesina   Next week, the Muhammadu Buhari administration would be exactly five years in office. Four full years of a first term, and one...

Editors' Picks

Coronavirus in Africa: Contained or unrecorded?

By BBC correspondents   The World Health Organization (WHO) has warned that nearly a quarter of a billion Africans could contract coronavirus in the first year of the pandemic, with between 150,000 and 190,000 of them dying. Africa has had less than 100,000 cases so far, but...

Lawsuits against China on COVID-19 doomed to fail, says Foreign Minister

YanDan Zheng China has officially reacted to a spate of lawsuits and threatened lawsuits in many countries against the communist country for being the first...

Ex- Spurs boss, Harry Redknapp lined up for Super Eagles job

Nigeria could be about to sack Super Eagles Technical Adviser Gernot Rohr with former Tottenham Manger Harry Redknapp being lined up as successor. According to...

Abia Commissioner for Environment, Solomon Ogunji, dies

The Commissioner for Environment in Abia, Dr Solomon Ogunji, is dead. The state’s Commissioner for Information, Chief John Okiyi-Kalu, confirmed the development in a statement...

Covid-19: Reps ask FG to use local airlines to bring Nigerians home from Canada

By Chris Otaigbe The House of Representatives Committee on Aviation has advised the Federal Government against using foreign airlines to evacuate stranded Nigerians from Canada,...

Covid-19 Inter-state Lockdown: Enugu blocks 100 vehicles from Ebonyi

By Chris Otaigbe Enugu State Governor, Ifeanyi Ugwuanyi, on Saturday evening, blocked 100 vehicles coming from Ebonyi State from entering the state for violating inter-state...

Interviews/Features/Analyses

Big Story

Reopening of worship centers: Buhari gives Governors conditions

Mayowa Olumuyiwa Following the stance of the Federal Government about social distancing and public gatherings, and the apprehension of some Governors on the observance of...

Lagos Update

Lagos discharges 45 more COVID-19 patients

The Lagos State Government has announced the discharge of 45 coronavirus patients after testing negative twice for the virus. Governor Babajide Sanwo-Olu made this known...

Lagos Govt conducts 16, 000 COVID-19 tests

The Lagos State Government says it has conducted about 16, 000 COVID-19 tests at a cost of N40, 000 to N50, 000 per test. Prof....

Lagos govt seals 20 buildings for non-compliance with construction laws

By Chris Otaigbe No fewer than 20 houses at various completion stages in Isheri-North Government Reservation Area (GRA) of Lagos State have been shut down...

Lagos records 4 coronavirus deaths

Lagos State Government has announced the death of four more coronavirus (COVID-19) patients. Commissioner for Health, Akin Abayomi, said in a Twitter thread on Thursday...

Lagos discharges 17 more COVID-19 patients

By Gbadamosi Oladimeji Lagos State has announced the discharge of 17 more patients undergoing treatment for coronavirus at isolation centres in the state. The state’s Ministry...

FCT News

FCT discharges 14 more COVID-19 patients

The Federal Capital Territory has announced the discharge of 14 more COVID-19 patients. In a tweet on Friday, Minister, Mohammed Bello, disclosed that the patients...

COVID-19: FCTA seals hotel for violating restriction order

The Federal Capital Territory (FCT) Ministerial Task Team on Enforcement of COVID-19 Restriction on Tuesday sealed-off Pacific Hotel and Guest Inn for violating the...

FCT discharges 23 COVID-19 patients

Minister of the Federal Capital Territory, Mohammed Bello, has announced the discharge of 23 COVID-19 patients. The minister made this known on his Twitter page. According...

COVID-19: FCTA sets guidelines for operations in agricultural sector

The Agriculture and Rural Development Secretariat of the FCT Administration has reassured farmers of the administration’s commitment to the provision of basic support for...

Lockdown: Minister provides palliatives to 460 households of PLWDs in FCT

Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq on Saturday provided palliatives to about 460 households of Persons Living...

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Law

Judiciary

Tribunal upholds Yahaya Bello’s election as Kogi governor

The Kogi Election Petition Tribunal has dismissed the petition of Mr Musa Wada of the Peoples Democratic Party (PDP) challenging the election of Governor...

Labour

ASUU ready to negotiate demand with FG – Prof. Ogunyemi

Gbadamosi Oladimeji Against the background of the demand by the Federal Government for the Academic Staff Union of University (ASUU) to call off its strike...

Media

Books