The Nigerian Export-Import Bank (NEXIM), on Tuesday clarified the alleged mismanagement of N50 billion Export Development Fund released by the Central Bank of Nigeria (CBN), saying that 62 projects were supported using the intervention. Mr Tayo Omidiji, Head of Strategy and Communications Department, NEXIM Bank, made the clarification in a statement issued in Abuja. Omidiji Read More…
Month: July 2020
LCCI seeks OPS inclusion in ESP Committee for economic recovery
The Lagos Chamber of Commerce and Industry (LCCI) has called for inclusion and engagement of the Organised Private Sector (OPS) in the Economic Sustainability Plan (ESP) Committee for economic recovery during and after COVID-19 pandemic. Mrs Toki Mabogunje, LCCI President, made the call at the Chamber’s third edition on the state of the Nigerian Economy Read More…
NCDC records 463 new cases of COVID-19, total rises to 33,616
PICTURE ABOVE CREDIT: REUTERS – AFOLABI SOTUNDE The Nigeria Centre for Disease Control (NCDC) has recorded 463 new COVID-19 cases in the country as total infections rose to 33,616. The NCDC made this known on its official twitter handle on Tuesday. The NCDC said that as at the July, 14, there were 463 new confirmed cases and Read More…
Nigeria’s bourse simplifies capital market investment with comic book
The Nigerian Stock Exchange (NSE) has reiterated its commitment to promoting financial literacy with its comic series, ‘StockTown’, issued to simplify ways of investing in the Capital Market. Mr Olumide Orojimi, the Head, Corporate Communications, NSE, said in a statement made available to the News Agency of Nigeria (NAN) on Tuesday in Lagos that the Read More…
CBN moves to ban importation of maize
PICTURE ABOVE: Ears of orange maize lines following harvesting, on experimental plots at the Zambia Agriculture Research Institute (ZARI). (Via CIMMYT on Flickr) The Central Bank of Nigeria (CBN) has directed all athorised dealers to discontinue the processing of Form M for the importation of maize with immediate effect. The CBN made this known in a Read More…
Nigeria records 595 new cases of COVID-19, total jumps to 33,153
Nigeria has announced 575 new COVID-19 cases in the country as total infections from the virus rise to 33,153. The Nigeria Centre for Disease Control (NCDC) made this known on its official twitter handle on Monday . The NCDC said that the new confirmed cases as at July 13 was 595 while four deaths were recorded Read More…
COVID-19: Lagos records 12 deaths within 24 hours- NCDC
PICTURE ABOVE CREDIT: Associated Press The Nigeria Centre for Disease Control (NCDC) says 12 COVID-19 related mortality were recorded within 24 hours in Lagos State on July 12. The NCDC made the disclosure in its COVID-19 Situation Report for July 12. According to the centre, 16 deaths were recorded in the last 24 hours in Read More…
16 ships arrive Lagos ports with food items, other goods
The Nigerian Ports Authority (NPA) said on Monday that 16 ships laden with food items and other goods had arrived Lagos Port Complex, waiting to berth. NPA made this known in its publication, `Shipping Position’, a copy of which was made available to the News Agency of Nigeria (NAN) in Lagos. It said that the Read More…
Nigeria’s stock market opens week with N55bn loss
The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips. Specifically, the market capitalisation which opened at N12.679 trillion lost N55 billion to close at N12.624 trillion. Also, the All-Share Index (ASI) dipped 105.76 points or 0.44 per cent to close at Read More…
Para-Athletes, Coach commend Sports Minister over palliatives
In picture above: Laurrita Onye shatters World Record TWICE to win 1st Athletics gold. CREDIT: Rio2016 A National Para-Powerlifting Team Coach, Feyisetan Are and some other para-athletes on Monday commended the Minister of Youths and Sports Development, Sunday Dare, over the palliatives to disabled athletes. The medal winning coach, in an interview with the News Read More…