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COVID-19: FG lifts ban on inter-state travels, local flights

The Federal Government has lifted the ban hitherto placed on inter-state travels across the country.   Persons who wish to travel from one state to another can now do so, beginning from July 1 (tomorrow), provided that such journeys were not made during the curfew hours of 10p.m. and 4a.m.   Similarly, plans have been […]

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N’Assembly halts planned hike in electricity tariffs

Take-off now 2021   DisCos: FG must bear cost differential       The leadership of the National Assembly, yesterday, halted the planned hike in electricity tariffs by convincing the electricity Distribution Companies (DisCos) to shelve their plan till the first quarter of 2021.       The companies had earlier announced that the new […]

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Fitch: Nigeria’s banking assets to hit N44.2trn in 2020

  …says pandemic’ll dampen borrowers’ appetite for loans     C iting economic headwinds occasioned by the coronavirus (COVID-19) pandemic, Fitch Solutions Group (FSG) has revised its forecast for Nigeria’s total banking asset growth to 5.3 per cent or N44.2 trillion this year.     The company, an affiliate of Fitch Ratings Incorporated, which stated […]

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COVID-19: Eight deaths, 566 new cases as Nigeria’s death toll nears 600

  Eight more people were confirmed to have died of COVID-19 complications on Monday. With the new figure, 573 persons have now died of COVID-19 in the country. However, not all states have recorded COVID-19 deaths according to the situation report of the Nigeria Centre for Disease Control (NCDC) for June 28, 2020; Taraba and […]

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FG finally lifts ban on interstate travel, re-opens schools

  The Federal Government has lifted the interstate movement put in place months back. It has also approved what it called “safe reopening” of schools nationwide in the next phase of the gradual easing of lockdown ordered to curtail further spread of COVID-19. However, only graduating students will resume. Similarly, it approved the safe resumption […]

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Bode Akindele, renowned entrepreneur, dies at 88

  Renowned entrepreneur and philanthropist, Chief Bode Akindele, is dead. Chief Bode Akindele, the Parakoyi of Ibadan land and Chairman of Madandola Group, died in Lagos on Monday, aged 88 years. A close associate of the late Chief Bode Akindele, Oloye Lekan Alabi confirmed his death. Chief Bode Akindele’s philanthropy spans decades with a donation […]

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By-election: Clark endorses Dickson for Bayelsa West

I jaw National Leader, Chief Edwin Clark, has endorsed the immediate West Senatorial District. past Governor of Bayelsa State, Hon. Seriake Dickson, for the vacant Bayelsa     The Media Advisor to the former governor, Mr. Fidelis Soriwei, also quoted the foremost Ijaw National Leader as having called on Ijaw leaders across the country to […]

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APC: No constitutional breach in Buni’s appointment, says Giadom

O ne-day Acting National Chairman of the All Progressives Congress,(APC) Chief Victor Giadom, has faulted critics on the appointment of the Governor of Yobe State, Mallam Mai Mala Buni as the party’s caretaker/Extraordinary Convention Committee Chairman.     According to him, there was no breach of APC constitution in the appointment as Buni was not […]

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Whistleblower reports Malami to President over $1bn deal

  A whistleblower, John Okupurhe, has petitioned President Muhammadu Buhari, accusing the Office of the Attorney General of the Federation(AGF) of refusal to pay him his commission on whistle blowing that exposed a huge secret deposit.     Okpurhe, in a letter written by his lawyer, Aliyu Lemu, dated June 22, 2020, accused the AGF […]

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93,000 staff jittery as Shell announces job cuts, restructuring

O il super major, Shell, has announced a plan for job cuts in a new wave of restructuring, which has set jitters down the spines of its workers.     The oldest energy company said on its website that it has over 93,000 staff across over 70 countries.     Shell’s chief executive, Ben van […]