Business news
Zenith Bank Group Managing Director and Chief Executive Officer Mr. Ebenezer Onyeagwu has observed that one of the most immediate impacts of the COVID-19 Pandemic is the fact that the global oil price crash will have negative implications for banks’ revenue targets in Nigeria and other countries. Speaking to CNBC Africa, Onyeagwu stated that one […]
57 trainees, who represent batch seven set of graduates being absorbed into Ecobank Nigeria as full time employees were last week hosted to a virtual graduation ceremony by the Ecobank Academy – the first of its kind by the bank in Nigeria as it positions itself as a high quality employer ready for the opportunities […]
Senior Advocate of Nigeria, Femi Falana, has said Rivers State Governor, Nyesom Wike is an embarrassment to the Body of Benchers. He said the Governor needs to be sanctioned by the Nigerian Bar Association, NBA. Falana, SAN, in an interview with DAILY POST correspondent, said the development in Port Harcourt was very disturbing, stressing that […]
The IMF board approved $2.77 billion in emergency aid for Egypt on Monday, to help the country deal with the impact of the coronavirus pandemic, but said the government will need more financial help. The country had seen a “remarkable turnaround” prior to the COVID-19 shock, under a fund-supported economic reform program, but that progress […]
The Minister of Foreign Affairs, Geoffrey Onyeama says Nigeria is reaching a saturation with regards to the process of evacuating its citizens from across the world. Mr Onyeama who disclosed this on Monday at the Presidential Task Force Briefing on COVID-19, noted that the evacuation of Nigerians from Dubai, UK and New York, has been […]
The Socio-Economic Rights and Accountability Project (SERAP) has condemned the demolition of hotels in Rivers by the state government. The civic group also threatened to take legal action against the state governor, Nyesom Wike describing the demolition as illegal. “We condemn the reported demolition of Prodest Hotel by Gov Wike, Rivers State. Using COVID-19 to […]
UN agencies warned that more than half a million people in sub-Saharan Africa could die from AIDS-related illnesses between 2020 and 2021 as a result of health services that are disrupted by the coronavirus pandemic. UNAIDS and the World Health Organisation (WHO) estimated the number of additional deaths in the region, based on the assumption […]
With 33 more discharged patients on Monday, total recoveries from the coronavirus infection in Lagos State has risen to 502. The recovered patients make up about a quarter of the 1,861 coronavirus cases recorded in the state. The Lagos State Ministry of Health announced on Monday that 33 more patients were discharged after testing negative […]
A Lagos-based lawyer, Spurgeon Ataene, said that celebration of marriages virtually or electronically should become acceptable following the COVID-19 pandemic. He said that although the procedure was not envisaged by the provisions of the Matrimonial Causes and Rules, its practice should be adopted to enable individuals to get married amid COVID-19. The News Agency of […]
The Nigerian Communications Commission (NCC) has reaffirmed its positioned that the Commission is yet to issue Licenses for the deployment of fifth-generation (5G) technology in any city in Nigeria. In a statement signed by the spokesperson of the commission, Henry Nkemmadu, in Abuja, it said false information has been over the internet about the telecom […]