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Tuesday, August 4, 2020

IMF-induced Policies Will Repress Nigeria’s Currency, Labour Warns

IMF-induced Policies Will Repress Nigeria’s Currency, Labour Warns     Submitting to the International Monetary Fund, IMF-induced policies would further distort and repress Nigeria’s currency, organised labour...

CBN Disburses N152.9bn For 61 Manufacturing Projects

CBN Disburses N152.9bn For 61 Manufacturing Projects     The Central Bank of Nigeria has disbursed N152.9bn for 61 manufacturing projects under parts of its intervention funds. The...

Reps Summon NNPC, NAPIMS, Others Over $16.5m Debt

Reps Summon NNPC, NAPIMS, Others Over $16.5m Debt     The Nigeria National Petroleum Corporation (NNPC) and multi-national oil company, Agip, yesterday failed to appear before the...

NIRSAL Facilitates N105bn Financing To Boost Agric Sector

NIRSAL Facilitates N105bn Financing To Boost Agric Sector     The Managing Director/Chief Executive, Nigeria Incentive-Based Risk Sharing System Plc (NIRSAL) Mr. Aliyu Abdulhameed, has said the...

In 16 Years, Nigeria Contributed $1.17bn To ECOWAS 

In 16 Years, Nigeria Contributed $1.17bn To ECOWAS      Nigeria has paid more than 1,177 billion dollars to the Economic Community of West African States (ECOWAS)...

FEC Okays N8.6bn To Begin Siemens Power Project

FEC Okays N8.6bn To Begin Siemens Power Project     The Federal Executive Council (FEC) has endorsed the President’s approval to release €15.21 million (N6.94 billion) offshore...

House Summons Emefiele, PenCom Boss, Others Over N300bn Funds

House Summons Emefiele, PenCom Boss, Others Over N300bn Funds     The House of Representatives has summoned Governor of Central Bank of Nigeria, Godwin Emefiele; Director-General, National...
AGF Ahmed Idris

We Saved N21bn Through IPPIS, Says Fed Govt

We Saved N21bn Through IPPIS, Says Fed Govt     The Federal Government on Tuesday announced that it saved N21bn by implementing the Integrated Personnel Payroll Information...

Lawmakers Raise Alarm Over Chinese Loans

Lawmakers Raise Alarm Over Chinese Loans     The House of Representatives has raised the alarm over loan agreements being entered into by the Federal Government with...

Switzerland, Netherlands To Repatriate $200m Malabu Deal Cash – Malami

Switzerland, Netherlands To Repatriate $200m Malabu Deal Cash – Malami     Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami Nigeria is awaiting the...

Fed Govt Pays N9.2bn Premium To 13 Insurance Firms

Fed Govt Pays N9.2bn Premium To 13 Insurance Firms   The Minister of Labour and Employment, Dr Chris Ngige, says the Federal Government has paid N9.2bn...

AfDB Okays $27m To Boost AU’s COVID-19 Response Initiative

AfDB Okays $27m To Boost AU’s COVID-19 Response Initiative     The African Development Bank (AfDB), has approved about $27.4 million in grants to boost the African...

CRR: CBN Holds N900bn Customers’ Deposits With Banks

CRR: CBN Holds N900bn Customers’ Deposits With Banks     The Central Bank of Nigeria (CBN) has been holding on to N900 billion of lenders’ deposits as...

Gold Mining Initiative To Earn Nigeria N261.9bn Annually – Adegbite

Gold Mining Initiative To Earn Nigeria N261.9bn Annually - Adegbite     The Minister of Mines and Steel Development, Arc. Olamilekan Adegbite, has said the Presidential Artisanal...

FG Pays N15.8bn Insurance Cover For Health Workers

FG Pays N15.8bn Insurance Cover For Health Workers     The Federal Government has paid N15.8 billion to insurance cover for hazard and inducement allowances, for doctors...

N651.77bn Generated From VAT In Six Months – NBS

N651.77bn Generated From VAT In Six Months – NBS     A total of N651.77bn was generated from Value Added Tax in the first half of 2020,...

I remitted N329bn Into NNPC Accounts, Says Magu

I remitted N329bn Into NNPC Accounts, Says Magu     The suspended acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, says he remitted N329bn...
electricity

Nigeria Exports $81.48bn Electricity On Credit As Country’s Blackout Persists

Nigeria Exports $81.48bn Electricity On Credit As Country’s Blackout Persists     Three neighbouring countries bought a total amount of electricity worth $81.48bn from Nigeria in the...

N6.4trn ERGP Expenditure Fails To Meet Set Targets

N6.4trn ERGP Expenditure Fails To Meet Set Targets     AS the federal government gets set to replace the Economic Recovery and Growth Plan (ERGP) with a...

Fed Govt Spent N292.38bn On Pension, Gratuities In 2019 – CBN

Fed Govt Spent N292.38bn On Pension, Gratuities In 2019 – CBN     The Federal Government spent a total of N292.38bn on pension and gratuities of its...
Live Covid-19
United States 4,884,917
Cases: 4,884,917
Deaths: 159,523
Recovered: 2,455,145
Active: 2,270,249
Brazil 2,759,436
Cases: 2,759,436
Deaths: 95,078
Recovered: 1,912,319
Active: 752,039
India 1,906,520
Cases: 1,906,520
Deaths: 39,820
Recovered: 1,280,667
Active: 586,033
Russia 861,423
Cases: 861,423
Deaths: 14,351
Recovered: 661,471
Active: 185,601
South Africa 516,862
Cases: 516,862
Deaths: 8,539
Recovered: 358,037
Active: 150,286
Mexico 443,813
Cases: 443,813
Deaths: 48,012
Recovered: 295,677
Active: 100,124
Peru 433,100
Cases: 433,100
Deaths: 19,811
Recovered: 298,091
Active: 115,198
Chile 362,962
Cases: 362,962
Deaths: 9,745
Recovered: 336,330
Active: 16,887
Spain 349,894
Cases: 349,894
Deaths: 28,498
Recovered:
Active: 321,396
Colombia 327,850
Cases: 327,850
Deaths: 11,017
Recovered: 173,727
Active: 143,106
Iran 314,786
Cases: 314,786
Deaths: 17,617
Recovered: 272,535
Active: 24,634
United Kingdom 306,293
Cases: 306,293
Deaths: 46,299
Recovered:
Active: 259,994
Saudi Arabia 281,456
Cases: 281,456
Deaths: 2,984
Recovered: 243,713
Active: 34,759
Pakistan 280,461
Cases: 280,461
Deaths: 5,999
Recovered: 249,397
Active: 25,065
Italy 248,419
Cases: 248,419
Deaths: 35,171
Recovered: 200,766
Active: 12,482
Bangladesh 244,020
Cases: 244,020
Deaths: 3,234
Recovered: 139,860
Active: 100,926
Turkey 234,934
Cases: 234,934
Deaths: 5,765
Recovered: 218,491
Active: 10,678
Germany 212,331
Cases: 212,331
Deaths: 9,232
Recovered: 194,700
Active: 8,399
Argentina 206,743
Cases: 206,743
Deaths: 3,863
Recovered: 94,129
Active: 108,751
France 192,334
Cases: 192,334
Deaths: 30,294
Recovered: 82,166
Active: 79,874
Iraq 134,722
Cases: 134,722
Deaths: 5,017
Recovered: 96,103
Active: 33,602
Canada 117,333
Cases: 117,333
Deaths: 8,953
Recovered: 101,839
Active: 6,541
Indonesia 115,056
Cases: 115,056
Deaths: 5,388
Recovered: 72,050
Active: 37,618
Philippines 112,593
Cases: 112,593
Deaths: 2,115
Recovered: 66,049
Active: 44,429
Qatar 111,538
Cases: 111,538
Deaths: 177
Recovered: 108,254
Active: 3,107
Egypt 94,640
Cases: 94,640
Deaths: 4,888
Recovered: 44,066
Active: 45,686
Kazakhstan 93,820
Cases: 93,820
Deaths: 1,058
Recovered: 65,132
Active: 27,630
Ecuador 87,963
Cases: 87,963
Deaths: 5,808
Recovered: 70,985
Active: 11,170
China 84,464
Cases: 84,464
Deaths: 4,634
Recovered: 79,030
Active: 800
Bolivia 81,846
Cases: 81,846
Deaths: 3,228
Recovered: 24,510
Active: 54,108