The new strain is thought to be up to 70% more infectious than the original. Countries around the world have imposed restrictions on travel from the UK due to fears of a new strain of the coronavirus. Russia and India are among the latest countries to announce new measures. It comes as France says it .....
The House of Representatives on Monday passed about N13.588 trillion as the 2021 budget, an increase over of N500 billion from what was presented by the President in October. In passing the budget on Monday, the House directs the Accountant-General of the Federation to immediately maintain a separate re...
The Senate at a special plenary on Monday passed the 2021 budget totalling N13.5trn. The fiscal document is predicated on oil benchmark $40 per barrel, N3.324trn for debt servicing, N4.1trn for capital expenditure, N5.6 trillion for recurrent, N496 bn for statutory transfer. It has an increment of N505b...
Lagos State task force has sealed off the premises of a popular Lagos nightclub, Cubana, for defying the State’s COVID-19 protocol. The Lagos State special taskforce has shut down Cubana nightclub in the Ikeja GRA area and other facilities for disobeying the State’s ban on the activities of nightclubs....
Workers in the telecommunications industry have rejected the two weeks deadline issued by the FG for linking of SIM cards to NIN. The Private Workers in the Telecommunications industry have rejected the two weeks deadline issued by the Federal Government to telecommunications operators to disconnect sub...
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have been shut down. The Nigeria Deposit Insurance Corporation (NDIC) has stepped in to wind down the banks. In a statement, the NDIC said it would promptly commence the verificatio...
