Business

Before airports, schools re-open 0
- Business, Education
- June 24, 2020
The Nigeria Civil Aviation Authority (NCAA), last week, suspended the planned resumption of domestic flights tentatively scheduled for June 21, 2020; citing the continued restriction on interstate movements as a reason. The agency said there was no way domestic airlines could resume operations if people would not be able to move freely from one state
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Reps probe N494bn alleged school-feeding funds fraud 0
- Business, Crime, Education, POLITICS
- June 18, 2020
Reps probe N494bn alleged school-feeding funds fraud The House of Representatives, yesterday, begun probe of over N494 billion budgeted from inception and the identity of the nine million pupils who benefited from the school feeding programme initiated by President Muhammadu Buhari’s administration in 2016. Chairman, House Committee on Public Accounts, Wole Oke, who decried the
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Naira slumps to 452/$ as speculations, debt weaken market 0
- Business, POLITICS, WORLD
- June 18, 2020
Naira slumps to 452/$ as speculations, debt weaken market The dollar exchanged for N452 at the parallel market on Wednesday over speculations by operators in the market and the effect of the country’s rising foreign debt. The Central Bank of Nigeria resumed foreign exchange sales in April ending to commercial banks, to be made accessible
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COVID-19: AfDB forecast $88.3 billion drop in Africa’s GDP 0
- Business, HEALTH
- June 16, 2020
The African Development Bank (AfDB) has projected that the ongoing Coronavirus (COVID-19) pandemic ravaging economies globally could cause Africa’s Gross Domestic Product (GDP) to drop by between $22.1billion and $88.3billion. According to the Bank, before the advent of COVID-19, West Africa was home to at least four of the continent’s fastest-growing economies, but has strongly
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Lagos retools workforce as level 13 resumes today 0
- Business, POLITICS
- June 8, 2020
Lagos retools workforce as level 13 resumes today As civil servants from grade level 13 resume work today after over two months of lockdown, the Lagos State Commissioner for Establishments, Training and Pensions, Mrs. Ajibola Ponnle, has stated that the state government is committed to building a 21st workforce that will deliver the dividends of
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Folashade Tinubu-Ojo has ordered the shutdown of popular hub, Computer village, Ikeja Lagos 0
- Business, Crime, POLITICS
- June 8, 2020
Tinubu’s daughter, Iyaloja General of Lagos, Folashade Tinubu-Ojo has ordered the shutdown of popular hub, Computer village, Ikeja Lagos. She gave the directive on Friday. Her grievance is the refusal of businessmen in that market to pay the 1k daily levy imposed on them. According to what I heard, she gave the Iyalaoja of Computer
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