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COVID-19 Puts Businesses on Death Row Photo

COVID-19 Puts Businesses on Death Row

COVID-19 Puts Businesses on Death Row

The victims of the rampaging coronavirus pandemic are not just those in the cemetery or the hopefuls at the intensive care units, hospital wards or isolation centres. They include the rest of humanity, legion of those who do not yet know their status. They include those whose future have become uncertain, particularly because they have

Boss Mustapha Photo

Remarks by The Secretary to the Govt of the Federation/Chairman of the PTF on COVID-19 at the National Brief of Monday 18th May, 2020 ​

I welcome you to the National Briefing by the Presidential Task Force (PTF) on COVID-19 for Monday, 18th May, 2020.2.​Today’s briefing is significant as it provides us an opportunity to assess progress made in the first phase of our three-pronged strategy and communicate Mr. President’s directive on the next step of our National Response to

Dr. Olusegun Aina Photo

Segun Aina Heads Odu’a Investment Board

Dr. Olusegun Aina, former president of Chartered Institute of Bankers of Nigeria has been appointed the new chairman of Odu’a Investment Board. The decision was taken at the virtual meeting of governors of the owner states of the southwest Nigeria. Aina, a respected banker is chairman of Global Banking Education Standards Board, comprising about forty

Professor Ishaq Akintola

MURIC Says Expulsion of Almajiris by Northern Governors Aiding Spread of COVID-19

A Muslim rights group, The Muslim Rights Concern (MURIC), has condemned the recent expulsion of Almajiris by some states in the North, arguing that it was wrongly timed. In a statement Friday signed by its director, Professor Ishaq Akintola, the group stated that “this mass expulsion has inadvertently aided the spread of, and increased the

Ahmed Lawan, Senate president,

Conditions for IMF’s $3.4 billion loan to Nigeria

Nigeria’s $3.4billion IMF loan comes with many charges, fees, surcharges and interest of between two to three percent per annum, and further devalues the Naira to N389.976/USD as against CBN’s N360/USD. As expected the International Monetary Fund, IMF, yesterday approved Nigeria’s application for $3.471.83 billion to bridge shortfalls in the 2020 budget and respond to

Ahmed Lawan, Senate president,

Senate Approves Buhari’s N850 Billion Loan Request

President Muhammadu Buhari is seeking domestic and foreign loans to bridge the liquidity crisis caused by the COVID-19 crisis in the 2020 budget. The National Assembly resumed plenary today after a five-week COVID-19 recess and the Senate immediately approved President Muhammadu Buhari’s request for N850 billion loan to fund shortfalls in the 2020 budget. Ahmed

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