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Month: March 2020

Coronavirus Updates: Trump’s Travel Restrictions, Italy in Lockdown and N.B.A. Suspension

The World Health Organization declared a global pandemic. Tom Hanks tested positive for the coronavirus and the N.B.A. canceled its season over an infection concern. California recommended canceling gatherings with more than 250 people, including sports events, conferences and concerts, through the end of March.  President Trump says restricting travel from Europe is necessary. […]

L-R; MD/CE NDIC, Umaru Ibrahim mni being decorated by President Alumni Association, M. D. Abubakar mni

NDIC To Partner With The Alumni Association Of The National Institue On Financial Inclusion

  The MD/CE of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has called for close partnership and collaboration with Alumni Association of the National Institute (AANI) for the rapid economic development of the country.  The NDIC Boss made the statement while receiving the Alumni Association of the Institute which paid a courtesy visit on […]

CISLAC Condemns Banishment of Sanusi Lamido

The Civil Society Legislative Advocacy Centre (CISLAC) has condemned. the dethronement and subsequent banishment of the former Emir of Kano State, Sanusi Lamido Sanusi II. According to a press statement signed Auwal Ibrahim Musa (Rafsanjani),  Executive Director, CISLAC found the imposed banishment of the dethroned Emir to Loko Local Government, Nassarawa state, as nothing but clear infringement […]

FG Mandates MAN To Prepare For Fourth Industrial Revolution

*while MAN ask government to scale-up its plan for the energy sector to reduce cost The Manufacturers Association of Nigeria (MAN), has been mandated by the federal government to get ready for a fourth industrialisation revolution that will accompany the Africa Continental Free Trade Agreement (AFCFTA) recently signed by the federal government. The Manufacturers were […]

COVID-19: Nigerian Government To Verify Claims Of Alleged Cure

The Nigerian Government is to setup a committee to verify scientists’ claims of having the cure of COVID-19 and Lassa fever in the country. Nigeria’s Minister of Science and Technology, Dr. Ogbonnaya Onu disclosed this at the Youths summit organised by the Middle Belt Youths Council in Jos the Plateau State Capital north-central Nigeria. It […]

Nigeria Registers 62 Automobile Installation Companies

The Minister of Industry Trade and Investment, Adebayo Adeniyi says 62 companies have registered in Nigeria to assemble vehicles at both Semi Knocked-Down (SKD) and Completely Knocked-Down (CKD) levels with a total installed capacity of about 423, 790 unit. Adeniyi who disclosed this at the Parade of Nigeria Produced and Assembled Automobiles in Abuja stated […]

Oil price crashes to $33, loses $11 in hours

The international oil benchmark, Brent crude, which stood at $45.72 per barrel on Sunday, has slumped to $33 per barrel. As was published in VON,  Oil prices suffered an historic collapse overnight after Saudi Arabia shocked the market by launching a price war against onetime ally Russia. Brent, against which Nigeria’s crude is priced, fell by $11.62 to $33.45 as of 9.00am Nigerian […]

Scientists Nudge Closer To Creating A Vaccine For The New Coronavirus

Researchers show that antibodies that can neutralize the virus that causes SARS can reduce how well the new coronavirus infects cells in laboratory studies.  They also use an approved drug to reduce virus entry into cells. With global cases of COVID-19 surpassing 100,000, researchers are looking for ways to prevent new viral infections. The new […]

Managing Director, Ecobank Nigeria, Patrick Akinwuntan (middle), on his left, Executive Director, Commercial Banking, Carol Oyedeji and other female Ecobankers during the Bank’s commemoration of this year’s International Women’s Day (IWD) at the Bank’s head office

IWD: Ecobank Celebrates Women, Reiterates Equal Opportunities

  Managing Director, Ecobank Nigeria, Mr. Patrick Akinwuntan has reiterated the bank’s commitment to gender parity among staff. In a message to commemorate International Women’s Day (IWD) 2020, Akinwuntan said this year’s edition with the theme: #EachforEqual underscores the compelling need of gender equality and sustainable efforts of women empowermment at workplace for which Ecobank is […]

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