Home » Business » Page 1289

Business

WazupnaijaNaija Entertainment  blogs & ForumsBusiness

Yobe governor calls for caution to combat fire incidents during harmattan

Yobe State Governor, Alhaji Mai-Mala Buni, has called for extra vigilance during the harmattan season to combat incidents of fire disaster. The governor made this call in a statement yesterday while commiserating with victims of a fire outbreak that occurred at Potiskum Market. The fire had broken up in the early hours of yesterday, razing six traditional medicine shops. The governor in a statement, said he received the news of the incident with sadness, while directing the State Emergency Management Agency (SEMA) to provide the victims with all necessary support and to take stock of damages caused by the inferno. He also directed the state’s Fire Service to be proactive, especially in the current harmattan season. He said, “I wish to express my deep sympathy to victims who lost their valu...

FRSC impounds 35 vehicles for not having speed limit devices

The Lagos State Sector Commander of the Federal Roads Safety Corps (FRSC), Mr Olusegun Ogungbemide, said that 35 commercial motorists had their vehicles impounded on Monday in Lagos for not installing speed limit devices in them. Ogungbemide made the disclosure in an interview with newsmen after the corps sensitized motorists plying the Lagos-Ibadan expressway on the need to install “speed governors” in their vehicles. He said the operation was in line with the directive of the Corps Marshal, Dr Boboye Oyeyemi, who had noticed an increase in the number of fatalities during the festive period. “We are not going to release those vehicles even after the payment of fines by their owners until they install speed limit devices in them,” he said. Ogungbemide urged motorists to be more careful on ...

Nigerian government borrows over N2 trillion from bond investors in 2020

Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt Management Office (DMO), raised N2.1 trillion from investors in its monthly bond issuance programme in 2020. This represents 33 percent, year-on-year, (y/y) increase when compared with the N1.58 trillion raised by the DMO in 2019. The N2.1 trillion raised in 2020 also represents 31 percent more than the N1.6 trillion funding target for the DMO under the Revised 2020 Budget. Meanwhile, the monthly bond auctions conducted by the DMO in 2020 recorded 275 percent oversubscription, reflecting scramble for the high yielding FGN bonds by investors. Newsmen report on monthly bond auction results show that the DMO offered N1.825 trillion wort...

Leicester edge up to second despite draw vs Crystal Palace

A much-changed Leicester moved up to second in the Premier League thanks to Harvey Barnes’ late equaliser in a 1-1 draw at Crystal Palace on Monday. Wilfried Zaha’s stunning near post volley put the Eagles in front against the run of play after Kelechi Iheanacho had a first-half penalty saved for Leicester. With little over 48 hours rest between the Foxes’ 2-2 draw with Manchester United on Saturday and the trip to Selhurst Park, Leicester boss Brendan Rodgers made seven changes with Jamie Vardy and Youri Tielemans among those left on the bench. Both were introduced midway through the second-half and Leicester’s pressure was rewarded with an equaliser when Barnes fired in a low shot from the edge of the box for his eighth goal of the season. Despite the upheaval of missing many of their st...

Arsenal defender tests positive for coronavirus

Arsenal have confirmed that defender Gabriel Magalhães has tested positive for coronavirus. Gabriel has impressed since joining from Lille in the summer, making 15 appearances across all competitions. The 23-year-old is expected to miss the next two matches whilst he self-isolates, as per the UK Government’s guidelines. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Coronavirus: School reopening, worship centres, others caused second wave – Prof. Abayomi

The Lagos State Commissioner for Health, Prof. Akin Abayomi, has attributed the reasons for the second wave of COVID-19 to the opening up of the economy, the re-opening of schools, large religious congregations, and social gatherings among others. A statement from the Lagos State Ministry of Health quoted the commissioner as saying this while giving an update on the State Government’s response against the second wave of COVID-19 at a press briefing held in Ikeja on Monday. The statement titled, ‘COVID-19: Lagos admonishes residents’, was signed by the LSMOH Director of Public Affairs, Tunbosun Ogunbanwo. “Abayomi attributed the reason for the second wave of COVID19 to include, opening up of the economy; general laxity, false sense of security and non-adherence to safety guidelines by citiz...

Ondo tertiary institution workers suspend strike

Workers of Ondo State-owned tertiary institutions, on Monday, suspended their 14-day warning strike. The workers under the auspices of the Joint Action Committee of the Ondo State Tertiary Institutions had embarked on the strike following non-payment of their salaries and allowances by the state government. The members of the JAC include the Joint Action Committee of Senior Staff Association of Nigerian Universities, the Non-Academic Staff Union, the Nigeria Association of Academic Technologists, and the Senior Staff Association of Nigerian Polytechnics. The workers announced their decision in a statement issued by the Chairman of JAC, ODSTI, Peter Akindehinde on Monday evening. The statement was titled ‘Suspension of 14-day warning strike’. According to the statement, the suspension of th...

Coronavirus: Rivers governor threatens to shut down churches

Rivers State Governor Nyesom Wike has threatened to shut down churches if they fail to comply with the COVID-19 guidelines. Wike made this known during the thanksgiving service in celebration of the 90th birthday of Priscilla Mark, held at St. Martin’s Anglican Church, Omagwa in Ikwerre local government area of the state. He lamented the refusal of residents to use face masks, especially in churches and markets. “When you go to most churches, they don’t wear masks. Go to markets, they don’t wear masks. They believe COVID-19 is not real. It’s not real because it has not happened to you. Nobody has died whom you know that is very close to you. But if somebody has died and the person was close to you, you’ll know that COVID-19 is real,” he said. “I want to appeal to all of you that we have to...

President Ramaphosa bans alcohol sales in South Africa

South African President Cyril Ramaphosa on Monday announced a ban on alcohol sales and said mask-wearing would be mandatory in public as his country became the continent’s first to record one million coronavirus cases. Ramaphosa said during a televised speech that alcohol would be temporarily banned from midnight to help emergency services already under pressure. He also announced it would be “compulsory for every person to wear mask in public spaces,” saying it was a “drastic measure, now necessary”. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photo...

Edo election: APC, deputy governor bicker over court case

Edo State chapter of the All Progressives Congress (APC) and the Deputy Governor of the state, Rt. Hon Philip Shaibu has engaged in a war of words over a pre-election matter in the court as Shiabu alleged that the former National Chairman of the APC, Comrade Adams Oshiomhole had recently said that the Supreme Court would give his party victory like the case of Imo state. But in a statement yesterday by the State Publicity Secretary of the APC, Chris Azebanmwan, the allegation which he described as weighty was false and that Shaibu was engaging in a smear campaign against Oshiomhole. He said, “The statement which he credited to Comrade Adams Oshiomhole is a blatant falsehood as no such words emanated from the elder statesman. It is a smear campaign that is aimed at tarnishing the pristine i...

Nigeria fines UK, South African airlines for breach of coronavirus protocol

The Nigerian government has rolled out punitive measures against foreign airline operators flying into Nigeria, particularly those from the United Kingdom and South Africa whose passengers allegedly violated the reviewed travel protocols announced by Nigeria’s regulatory body for aviation NCAA. The agency, in a circular issued on December 26 by its director-general Musa Nuhu, disclosed that airlines from the affected countries shall be fined $3,500 for each passenger that flouts the guidelines, which were reviewed to prevent an outbreak of the new variant of the coronavirus recently reported in the UK and South Africa. The circular stated that repeated non-compliance by any carrier would result in the suspension of the airline’s permit to fly into Nigeria, as defaulting passengers are boun...