Google on Monday proposed five channels to help gym, a home fitness routine, so as not to miss out on regular work out during the lockdown. Mr. Taiwo Kola-Ogunlade, Communication Officer, West Africa said in Lagos that it was easy to start missing out on regular routine being cooped up at home and looking after kids. Kola-Ogunlade in a statement noted that turning a gym routine into a home routine is not as hard as...
An activist, Hajiya Ramatu Tijjani, has urged landlords to offer two months free rent to their tenants in view of the crash of businesses due to the lockdown over COVID-19 pandemic. Tijjani made the call in an interview with the News Agency of Nigeria (NAN) on Monday in Kaduna. She said majority of Nigerians are finding it difficult to feed as their businesses have virtually collapsed due to the lockdown. “It is the right time...
United States crude oil prices fell sharply, plummeting to their lowest levels since 1986, as a collapse in demand because of the coronavirus and the resulting economic shutdowns come atop shortages in storage capacity. West Texas Intermediate, the U.S. benchmark, dropped to nearly 10 dollars a barrel, a 45-per-cent decline, before ticking up a couple of percentage points. However, longer-term contracts were faring somewhat better, while still down on the day, signalling optimism that economic...
YENAGOA, Nigeria – A major Nigerian oil union has suspended planned industrial action after 21 Exxon Mobil Corp. employees quarantined last week after their arrest for violating coronavirus-related movement restrictions were freed, it said on Sunday. He said 22 workers, whose coronavirus status was unknown, were quarantined in line with relevant health protocols and would be charged in court. But Wike’s spokesman, Simeon Nwakaudu, on Sunday issued a statement that said the workers were all...
The subject of funding is nearly always top of mind in Nigerian startup and venture spaces. But while founders and startups looking to raise funding have typically had to look to the US and Europe for venture capital, there’s an increasing number of options back home. The latest addition to that growing list is the Future Africa Collective, launched by Iyin Aboyeji, who made his name as a early co-founder of Andela and then Flutterwave....
The Rev. Frank Williams has been so busy leading two black churches in the New York borough of the Bronx that he hadn’t really considered the full extent of COVID-19’s impact on his congregation, his family and his community. But when asked, the Southern Baptist pastor of two churches, each with more than 200 members, realized after four weeks the list was long: The Saturday before Easter, a beloved deacon — a decades-long friend who...
Transmission Company of Nigeria (TCN) has dismissed the claim that the Federal Government was providing free electricity to Nigerians as the government does not own all sections in the power sector. The Managing Director of TCN, Mr. Usman Mohammed, made this known in an interview in Abuja on Thursday. “There is also the information that power is going to be free, that is going to affect us because some customers who get this information may...
Businesses in Nigeria have expressed worry about the safety of their staff and liquidity as they confront the realities of the pandemic, a survey by PwC reveals. The survey which sampled the opinion of about 3000 respondents — many of them CEOs, managers, and business owners – found that 22.5% were worried about liquidity – the availability of immediate cash to pay bills especially the following disruption to business activities. As COVID-19 ravages several countries,...
Countries under the G20 group of major economies have agreed to put on hold debt payments by poor countries, following a meeting by G20 finance ministers and central bank governors. The pandemic has led to a marked increase in government spending on health and effort to curb the spread of the viral infection. COVID-19 control guidelines have made governments to impose shutdowns on cities, placing several economies at risk of being crippled and making debt...
The Federal Government has terminated the contract of two payment service providers under the Conditional Cash Transfer Programme for delaying the payment of N20,000 stipends to the poor and vulnerable in four states. This was made known in a statement signed by Salisu Na’inna Dambatta for the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq and released on April 14. The statement reads that the contract of the two payment service...
