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2 to die by hanging in Osun for killing final year...

Justice Jide Falola of Osun High Court sitting in Ikirun has sentenced two men to death by hanging for murder. Falola, in his judgement on...

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World News

COVID-19: Burundi confirms third positive case, wife of index patient

After holding down its coronavirus invisibility for a long time, the flood gates seem to have opened on Burundi with three confirmed cases in...

Saudi Arabia imposes 24-hour curfew in Mecca and Medina

(Reuters) - Saudi Arabia imposed a 24-hour curfew in the Muslim holy cities of Mecca and Medina on Thursday, extending measures to combat the...

COVID-19: British Airways lays off 36,000 employees

British Airways is set to release no fewer than 36,000 staff, from cabin crew to ground staff, engineers and head office employees, due to...

Israeli Health Minister, wife test positive for coronavirus

Israeli Health Minister Yaakov Litzman and his wife Chava have been diagnosed with coronavirus and will go into quarantine, the country’s Health Ministry confirmed...

North Korea insists it is coronavirus-free

Despite mounting scepticism overseas as confirmed global infections near one million, a senior health official in Pyongyang has insisted that North Korea remains free...

Economy

COVID-19 relief fund hit N15bn -CBN

The Central Bank of Nigeria (CBN) on Wednesday said that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against...

COVID-19: Counting the losses on African aviation

By Francis Ogwo The coronavirus pandemic has dealt a great blow on the fortunes of the global aviation industry. This is due to the large...

COVID-19: Mixed reactions trail CBN’s policy measures

Mixed reactions have trailed policy measures announced by the Central Bank of Nigeria (CBN) to tackle the effect of COVID-19 on the nation’s economy. The...

Inflation rises by 0.07% to 12.20% in February- NBS

The National Bureau of Statistics (NBS), says inflation rate in February 2020 increased by 0.07 per cent to 12.20 per cent from 12.13 per...

Oil price crash sparks ‘Black Monday’ meltdown on virus-hit markets

World oil prices crashed Monday, fuelling a vicious selloff on stock markets which were already buckling under intense pressure over the spreading coronavirus outbreak. Stocks...

Finance

NSE returns to negative posture, indices down by 0.05%

Trading on the Nigerian equity market returned to negative territory on Wednesday with 0.05 per cent dip or losses in MTN Nigeria and six...

NSE market indices down by 3.35%, as sell pressure persists

Sell pressure continued on the nation’s bourse on Wednesday with the market indices declining further by 3.35 per cent, amid loses in blue chips. The...

FG, States, LGs share N647.35bn for January

The Federal, States and Local Governments on Wednesday shared a total of N647.35 billion for the month of January as the Federation Account Allocation Committee...

Sell pressure persists on NSE, market capitalisation loses N175bn

Sell pressure on the Nigerian Stock Exchange (NSE) persisted on Wednesday with the market capitalisation shedding N175 billion. Specifically, the market capitalisation which opened at...

NSE opens February trading with N160bn loss

In spite of an influx of unaudited 2019 full year results, trading on the nation’s bourse opened for February on a bearish posture, as...

Business

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...

18 ships discharge petrol, other items at Lagos Ports

The Nigerian Ports Authority (NPA) said on Monday that 18 ships were discharging general cargo, containers, buck wheat, bulk sugar, petrol, and base oil...

2019 bad for freight forwarding business

The National Association of Government Approved Freight Forwarders (NAGAFF) on Friday said the freight forwarding business was affected negatively by the operating environment and...

LCCI peeps into 2020, projects high cost of doing business

The Lagos Chamber of Commerce and Industry (LCCI) has projected a high cost of doing business in 2020. Its Director-General, Dr Muda Yusuf, made the...

Energy/Oil/Gas

TCN, NNPC collaborate to increase gas supply to electricity industry

The Transmission Company of Nigeria (TCN) says it has received unprecedented support from  the Nigerian National Petroleum Corporation (NNPC) for availability of gas TCN’s General...

PPPRA to begin monthly price regime for petroleum products on April 1

The Petroleum Products Pricing Regulatory Agency (PPPRA), says it plans to begin monthly price modulation for petroleum products to reflect global market indices on...

Impact of coronavirus on Nigeria’s oil and gas sector

By Edith Ike-Eboh, News Agency of Nigeria (NAN) The coronavirus pandemic also known as COVID-19, is affecting a wide range of energy markets: coal, gas and renewables, but...

Coronavirus to cause first annual decline in oil use in decade: IEA

The world is set for its first annual decline in oil consumption in more than a decade due to the impact of the coronavirus...

National gas transportation network code best new year gift — Official

Mr Justice Derefaka ,Technical Adviser, Gas Business and Policy Implementation to the Minister of State for Petroleum, says implementation of the National Gas Transportation...

Editorial

How to know if you have COVID-19

Days 1 to 3: 1. Symptoms almost similar to a common cold. 2. Slight sore throat. 3. No fever, no tiredness, normal appetite. Day 4: 1. Slight sore throat,...

COVID-19

Coronavirus: Nigeria records 10 new cases as toll reaches 184

The Nigeria Centre for Disease Control has confirmed 10 new cases of coronavirus in the country. In a Twitter update on Thursday, NCDC disclosed that...

Columnists

WashingtonFile by Evelyn Dan Epelle

Georgetown University holds 5th Annual Africa Business Conference

The 5th edition of the annual Georgetown Africa Business Conference #GTABC2020 was held on February 1 at the McDonough School of Business in Georgetown,...

Life after oil, are we ready?

By Chris Paul Otaigbe Is Nigeria truly prepared for a life after oil? Do we really need to watch alternative energy run out our oil...

Opinion

Prohibitive cost and shortage of ventilators compound coronavirus crisis

By Chris Paul Otaigbe Prohibitive cost of essential medical equipment needed in the global war against Coronavirus coupled with extortionist disposition of some equipment manufacturers...

Editors' Picks

War of words as Nigerian English recognised by Oxford English Dictionary

Nigerian English words have recently been added to the Oxford English Dictionary (OED), but there is still a debate in the country about what constitutes proper English, as the BBC's Nduka Orjinmo writes from Lagos. "Come to an all-night prayer vigil to welcome the ember...

2 to die by hanging in Osun for killing final year student

Justice Jide Falola of Osun High Court sitting in Ikirun has sentenced two men to death by hanging for murder. Falola, in his judgement on...

UCH CMD cleared of Coronavirus, tests negative 5 days after earlier positive test

The Chief Medical Director (CMD) of the University College Hospital (UCH), Ibadan, Prof. Jesse Otegbayo, has tested negative for COVID-19 after eight days of...

Coronavirus: Nigeria records 10 new cases as toll reaches 184

The Nigeria Centre for Disease Control has confirmed 10 new cases of coronavirus in the country. In a Twitter update on Thursday, NCDC disclosed that...

COVID-19: Burundi confirms third positive case, wife of index patient

After holding down its coronavirus invisibility for a long time, the flood gates seem to have opened on Burundi with three confirmed cases in...

COVID-19: Lagos discharges 11 more patients

The Lagos State Government has released 11 new patients, who have been receiving treatment at the Infectious Disease Hospital, Yaba. Governor Babajide Sanwi-Olu  made this...

Interviews/Features/Analysis

Big Story

Coronavirus: Federal Government deletes tweet, regrets asking US Billionaire for ventilators

The Federal Ministry of Finance, Budget and National Planning has deleted a tweet in which it begged the US billionaire, Elon Musk, for ventilators...

Lagos Update

Police block Lagos -Ibadan expressway as total lockdown begins

As the lockdown begins in Lagos State today, the police have blocked the inbound and outbound sections of the Lagos-Ibadan expressway. The barricade follows the...

Tinubu cancels annual colloquium, pledges N200m to COVID-19 fund

The national leader of the All Progressives Congress (APC), Bola Tinubu, has cancelled the annual colloquium to mark his birthday. The former Lagos state governor...

Lagos gives COVID-19 Patients Analysis, says youths dominate confirmed cases

Contary to popular notion that young people are immune to the coronavirus, the Lagos State Government has revealed that majority of its confirmed cases...

Sanwo-Olu signs Infectious Diseases Regulation 2020 into law to legalise restrictions

  The Governor of Lagos State, Babajide Olusola Sanwo-Olu, has made Infectious Diseases Regulations to curtail the spread of COVID-19. Coronavirus disease (COVID-19) is an infectious...

Lagos targets 200,000 households for free food supply, , as govt announces economic stimulus...

In a bid to alleviate the burden on Lagosians born out of the lockdown over coronavirus, Governor Babajide Sanwo-Olu of Lagos State has launched...

FCT News

COVID-19: FCT junior Minister in self-isolation

Minister of State Federal Capital Territory, Hajiya Ramatu Aliyu, has confirmed that she is in self-isolation after contacts with some persons who tested positive...

FCT minister advises private sector to invest in conference tourism

FCT minister, Muhammad Bello has advised the private sector to invest in conference tourism by building world class centres and five star hotels in...

Coronavirus shuts down AMAC

The Abuja Municipal Area Council (AMAC) has directed all council workers, except those on essential services, to remain at home for two weeks from...

AMAC gives 30-day ultimatum to Lugbe Timber traders to relocate to new marke

The Abuja Municipal Area Council (AMAC), has issued a 30-day ultimatum to traders at the Lugbe Timber market to relocate to the new site...

Salary: Abuja Resident Doctors embark on indefinite strike

Members of Association of Resident Doctors, Federal Capital Territory Administration (ARD-FCTA) have embarked on indefinite strike over non-payment of their salaries. The President of the...

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