BREAKING: Access Bank Denies Plan to Sack 75% Workforce, Close Branches

Access Bank Plc on Monday denied news making rounds that it would sack 75 percent of its workforce and as well close over 300 branches. The bank denied this in a statement signed by Mr. Sunday Ekwochi, its Company Secretary, posted on the Nigerian Stock Exchange (NSE) website. It said the closure of a bank branch was an action that required the approval of the Central Bank of Nigeria (CBN). According to the bank, it...

NBS Says 82.9m Nigerians are Poor

The National Bureau of Statistics (NBS) says more than 82.9 million Nigerians are poor by national standards. The NBS made this known in its report on Poverty and Inequality in Nigeria 2019, released on Monday. It explained that the figure showed that 40.1 per cent of total population were classified as poor, adding that in other words, an average four out of 10 individuals in Nigeria had real per capita expenditures below N137,430.00 per year....

Unilorin Set to Make COVID-19 Vaccine Research Breakthrough

The University of Ilorin (Unilorin) says it will soon produce a vaccine for Coronavirus (COVID-19). The institution said this in a Bulletin issued on Monday that a team of medical experts and scientists led by a Professor of Medical Virology, Prof. Mathew Kolawole, is working on the project. It stated the research team had developed three viable proposals for research on various aspects of the contagious disease. Kolawole, who is the Director of the University’s...

UPDATE: Presidential Task Force Committee Says Covid-19 is Responsible for Mass Death in Kano

The leader of the Presidential Task Force Committee on coronavirus, Nasiru Sani Gwarzo has disclosed that the novel Coronavirus is responsible for the mass deaths in Kano. He has cautioned residents of the state against actions that might expose them to the virus. Gwarzo disclosed this while addressing the pressmen in the state on Sunday after the ceremony of donation of mobile testing laboratory facilities by Alhaji Aliko Dangote to the Kano State Government. “Let...

UK says China Has Questions to Answer Over Coronavirus Outbreak

Britain said on Monday that China had questions to answer over the information it shared about the novel coronavirus outbreak, but refused to comment on reports that a U.S.-led intelligence consortium had accused Beijing of a cover-up. The U.S. has scaled up its rhetoric over Chinese culpability for the coronavirus in recent days, with U.S. Secretary of State, Mike Pompeo, saying on Sunday there was evidence the disease emerged from a Chinese lab. Washington has...

JAMB Remits N3.5bn to FG

The Joint Admissions and Ma­triculation Board (JAMB) has made an interim remit­tance of N3.5 billion to the Federal Government con­solidated revenue account. A statement by Dr. Fabi­an Benjamin, JAMB’s Head of Media in Abu­ja, explained that the remit­tance was in line with Prof. Ishaq Oloyede’s avowed commitment to remit whol­ly, excess funds generated from its operations, to the Federal Government. According to JAMB, payment of over N3.5 bil­lion had already been made to candidates by...

5000 Bed Spaces Are Needed for COVID-19 – Kano Gov’t

The Kano State Government had said on Sunday that no fewer than 5,000-bed spaces are needed in the isolation centers in order for it to accommodate the rising number of COVID-19 cases in the state in the next one month. This was disclosed by Prof. Isah Abubakar, the Director of the Infection Control, Aminu Kano Teaching Hospital, and Chairman of the Risk Communication Committee on Covid-19. Before now, the Director-General of the Nigeria Centre for...

SPECIAL FEATURE: The Casualties of the War Against COVID-19 in Lagos

After five weeks of Covid-19 induced lockdown imposed by the Federal Government, on May 4, people will gradually return to normal lives in Lagos, Ogun, and Abuja, although there are restrictions in place aimed at curtailing the spread of the infection. For many, the post-lockdown measures in Lagos and what life was pre-Covid-19 in the state mean that hard times are approaching, Adeola Oladipupo reports. With over 20 million people, Lagos was a bee-hive of...

Nigerian Editor El-Kurebe Tests Positive for COVID-19

The Editor of  Newsdiaryonline,  Mr Abdallah el-Kurebe has tested positive for COVID-19,  he disclosed Sunday. In his account of how he got the news of his test result, El-Kurebe who is based in Sokoto, northern Nigeria wrote, “On Sunday afternoon, I got a call from a Doctor at one of the isolation centres that I had tested positive. “So, there is the need for either our vehicle comes to your house to convey you or...

COVID-19: Tinubu Urges Reduction of Interest Rates

The All Progressive Congress (APC) National Leader, Chief Bola Tinubu, on Sunday urged the Central Bank of Nigeria to reduce interest rates to avoid stifling domestic investment and income during the COVID-19 crisis. Tinubu made the call in a statement in Lagos. The APC leader said that the reduction would make the COVID-19 crisis to have a positive economic aspect. He advised the Federal Government to avail tax reliefs that would aid financial institutions to...

WP2Social Auto Publish Powered By : XYZScripts.com