As part of the activities to celebrate its 75th anniversary, Wema Bank, the custodian of Africa’s first fully digital bank – ALAT – and one of Nigeria’s leading commercial banks has introduced an Earn-from-Home scheme.
Celebrated as Nigeria’s most innovative financial institution, Wema Bank has achieved tremendous success over the years from its willingness...
Wednesday, May 6, 2020
Gbajabiamila Sets up Committee to Probe Bribery Allegation
The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has set up a 12-man committee to look into allegations that himself and some members of the House collected a $10 million bribe from a foreign sponsor to see to the speedy passage of the Control of Infectious Diseases Bill.
Gbajabiamila made the announcement at the resumption of plenary...
Tuesday, May 5, 2020
CBN resumes over $100m per week sales for SMEs, school fees
The Central Bank of Nigeria (CBN) said it has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay schools fees and SMEs wishing to make essential imports needed to revamp economic activities across the country.
CBN said in a statement that the move was in view of the gradual easing of the COVID-19 lockdown...
Oyo approves construction of four ultra-modern bus terminals
The Oyo State Executive Council, on Tuesday, approved the award of the contract for the construction of four Ultra-modern Bus Terminals to be located in Iwo Road, Challenge, New Ife Road and Ojoo.
The state’s Commissioner for Public Works, Infrastructure and Transport, Prof. Raphael Afonja, who stated this while speaking shortly after the day’s meeting of...
COVID-19: NMA praises Gov AbdulRazaq over care for frontline health workers
The Nigerian Medical Association (NMA) on Tuesday hailed Governor AbdulRahman AbdulRazaq for delivering on his words to pay frontline health workers daily allowances in appreciation of their work.
Kwara State Chairman of the NMA Dr Kolade Solagberu said in a statement in Ilorin, the state capital, that AbdulRazaq has fulfilled his promise to pay decent allowances...
Nigeria: FG to invest ‘Abacha loots’ in Mambilla Power Project
The Nigerian Government says part of the 311 million dollars ‘Abacha loot’ returned from the United States will be invested in the Mambilla Power Project.
It said that part of it would be deployed into the ongoing fight against COVID-19 in the country.
Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, confirmed this...
Nigeria: Senate wants Police Force decentralized, insists on community policing
The Senate has called for the decentralization of the Nigeria Police Force and the need for community policing as a way of addressing the country’s problem of insecurity.
This formed part of the recommendations of the Senate Ad-hoc Committee on Nigeria Security Challenges which was considered and approved during plenary on Tuesday.
Recall that...
Nigeria reports record infections hours after lockdown was eased
The total number of infections in the country stands at 2,802, including 93 deaths and 417 recoveries [Temilade Adelaja/Reuters] The total number of infections in the country stands at 2,802, including 93 deaths and 417 recoveries [Temilade Adelaja/Reuters]
Nigeria has recorded its highest single-day infection rate of COVID-19, the day Africa's...
Return to lockdown likely, Fed Govt warns Nigerians
A lockdown of the country again is likely.
This follows Monday’s gross disobedience of the protocols as Nigerians got some relief after weeks of restrictions.
It was the first day after the easing of the shutdown to contain the spread of coronavirus in Abuja, Lagos and Ogun states.
Before the four-week stay-at-home imposed by President Muhammadu Buhari,...
Nigeria govt finally reveals drug used for treating COVID-19 patients
The Minister of Health, Osagie Ehanire, has revealed the drug used in treating COVID-19 patients in Nigeria.
Ehanire during a press briefing on Tuesday said Nigeria has started using Remdesivir.
Remdesivir is an antiretroviral drug, in managing COVID-19 patients.
“We have been using that (Remdesivir); we have tried that in Lagos too,” he said.
“So, we...