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Daily Archives: May 4, 2020

Sacked workers’ll get monthly salaries for insured jobs — Insurers

Sacked workers’ll get monthly salaries for insured jobs — Insurers

Insurance operators have said that workers who took job loss insurance covers before the commencement of COVID-19 pandemic will get insurance compensation. According to them, the compensation would be in form of regular monthly salaries that would be paid by ...

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Cut interest rates to boost economy, says Tinubu

Cut interest rates to boost economy, says Tinubu

The National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, has said the Central Bank of Nigeria should seize the opportunity of the coronavirus crisis to lower interest rates in a bid to boost the nation’s economy. Tinubu also ...

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PDP accuses Buhari of ‘abandoning’ Nigerians over COVID-19

PDP accuses Buhari of ‘abandoning’ Nigerians over COVID-19

Nigeria becoming an open prison, HURIWA alleges The Peoples Democratic Party (PDP) has called on Nigerians not to resign to fate and jeopardise their lives following what it called “President Muhammadu Buhari’s failure to find direction in the fight against ...

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Between politics of petrol subsidy and deregulation of downstream sector

Nigeria’s LNG export revenue threatened as demand plunges

The regime of fuel subsidy came into Nigeria since 1973 to cushion the impact of importation at a time the government failed to maintain the nation’s refineries despite growing demand for petroleum products. With the introduction, government fixes pump price ...

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NNPC, partners construct 200-bed hospital in Yenagoa

FG’ll offer small oil fields for licensing –NNPC

The Nigerian National Petroleum Corporation-led oil and gas industry intervention initiative on COVID-19 has commenced the third phase of their support programme. According to the NNPC, the phase commenced with the foundation laying ceremony of a permanent emergency and infectious ...

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FG retains N125/litre petrol price despite crude oil crash

FG retains N125/litre petrol price despite crude oil crash

The Federal Government has failed to review the N123.5 to N125/litre pump price of petrol for the month of May 2020 despite continued crash of crude oil price. The Petroleum Products Pricing Regulatory Agency had stated that the cost of ...

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Mass sacking in banks averted as CBN wades in

I’m too busy to eye Anambra gov seat — Ngige

No bank worker, whether permanent or temporary, will be sacked due to the economic slump occasioned by the current coronavirus pandemic, it was learnt yesterday. The assurance came from the Central Bank of Nigeria |(CBN) and the Bankers ‘ Committee ...

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PSG offer £45m for Ndidi

PSG offer £45m for Ndidi

Leicester City midfielder, Wilfred Ndidi, is on the radar of Ligue 1 champions, Paris St.Germain, according to ESPN. The Foxes’ midfielder has had a fine season with some eye-catching displays for the former Premier League champions. His consistency and work rate ...

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