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Coronavirus: CBN doubles loan disbursement to N300 billion – bank governor

The Central Bank of Nigeria (CBN) says it plans to double the Targeted Credit Facility (TCF) from the initial N149.21 billion to N300 billion following the resounding success recorded in the disbursement of the Covid-19 loans to the applicants. In his keynote address at the 2nd virtual seminar for Finance Correspondents and Editors at the weekend, the Governor said the Bank took the decision in order to accommodate many more beneficiaries as well as boost consumer expenditure which would positively stimulate the economy. He disclosed that the CBN initially created a N150 billion Targeted Credit Facility (TCF) for affected households and small and medium enterprises through the NIRSAL Microfinance Bank, adding that already, N149.21 billion has been disbursed to 316,869 beneficiaries. “Given...

Grammy: Young Nigerians redefining global music space – APC

The All Progressives Congress (APC) has congratulated Nigerian Afrobeat star, Damini Ogulu popularly known as Burna Boy, and hip hop artist, Ayodeji Balogun musically known as Wizkid, for winning awards at the 63rd 2021 Grammys held in Los Angeles, United States of America. The National Secretary of the Caretaker/Extraordinary Convention Planning Committee, Senator John Akpanudoedehe, in a statement issued yesterday, said the awards crowned the efforts of Nigerian superstars such as Fela Anikulakpo Kuti and others, who were the main progenitors of Afrobeat/Afropop that has become the mainstream music all over the world. According to Akpanudoedehe, “As a party, we are immensely proud that the country’s musical stars are leading the pack of young Africans who are redefining the global music ...

NIHORT trains 25 tomato farmers in Niger to reduce post-harvest losses, unemployment

The National Institute of Horticultural Research (NIHORT), Ibadan, Oyo State, has commenced a 2-day training for unemployed youths and women, on value addition for tomato farmers. The training is taking place at the headquarters of The National Cereals Research Institute (NCRI), Badeggi, in Niger state. Speaking at the opening ceremony on Wednesday, the Chairman of the Governing Board of the Institute, Maj.-Gen. Mohammed Abdullahi-Garba (rtd), said that the training was organized to build the capacity of the people. He described tomato as an important economic and food security crop consumed around the world. “Tomato is undoubtedly one of the most important vegetables grown in Nigeria and the commodity is capable of impacting positively on Nigeria’s agricultural economic development. “The ...

#ENDSARS: Group urges youths to end proposed protest in Lagos

The Committee of Youths on Mobilisation and Sensitisation (CYMS) has urged Nigerian youths to boycott the proposed protest in the interest of peace and socioeconomic stability that were affected after the 2020 “ENDSARS PROTEST”. The Lagos State coordinator, CYMS, Leonard Obasi, disclosed this in a statement issued to newsmen on Friday in Abuja. To counter the proposed Feb. 13 protest #OccupyLekkiTollGate at the tollgate plaza, some youths had announced a #DefendLagos rally to hold at the same venue. The plan to #OccupyLekkiTollGate came barely a day after the controversial ruling of the Lagos Judicial panel of inquiry to reopen the Lekki Tollgate. Obasi said that this has become compelling owing to reports of a planned protest by what he described as some self-centered elements who were he...

2023: APC’ll win Delta if leaders are less cantankerous – Cairo Ojougboh

Immediate past Interim Executive Director of Project, EDP on the board of the Niger Delta Development Commission, NDDC, Dr Cairo Ojougboh, has said the All Progressives Congress, APC has a better prospect to win Delta State in 2023 if the leaders of the party could cooperate, began to be less cantankerous and do not match their ambition with hostility with other party members. Ojougboh who stated this while speaking on the sidelines of sensitisation of party members in Ika South on the registration/revalidation exercise of the party said the APC remained the most popular party in Delta but lamented that members have not been able to utilise such popularity to win elections over the years because of squabbles among leaders. Hear him: “APC is the most popular party in Delta State for a very ...

Anti-coup protests ring out in Myanmar’s main city

The din of banging pots and honking car horns reverberated through Myanmar’s biggest city of Yangon late on Tuesday in the first widespread protest against the military coup that overthrew elected leader Aung San Suu Kyi. The party of the detained Nobel Peace laureate called for her release by the junta that seized power on Monday and is keeping her at an undisclosed location. It also demanded recognition of her victory in a November election. A senior official from her National League for Democracy (NLD) said he had learned she was in good health a day after her arrest in a military takeover that derailed Myanmar’s tentative progress towards full democracy. The U.N. Security Council was due to meet later on Tuesday amid calls for a strong global response to the military’s latest seizure o...

Bishop Kaigama: It’s time to give youths chance in governance

The Archbishop of the Catholic Archdiocese of Abuja, His Grace Ignatius Kaigama, has said time has come for youths to take active part in governance. Kaigama, who insisted that “it is the right time now to give our youths a chance to express their leadership skills”, tasked authorities to expand the political space to allow more youths involved in decision making. Kaigama particularly advised Nigerian youths to seize the opportunity to bring to an end, decades of recycling political leaders by taking up leadership positions in the country. Speaking Saturday, during the 9th convocation lecture of Veritas University, Abuja,where he is the Chancellor, Kaigama said:”Recent events in our country show that there is the urgent need to expand the political space and allow our youths to be more inv...

Thousands of US-bound Honduran migrants cross border into Guatemala

<img width="696" height="391" class="entry-thumb" src="https://www.today.ng/wp-content/uploads/2021/01/16201205-696×391.jpg" srcset="https://www.today.ng/wp-content/uploads/2021/01/16201205-696×391.jpg 696w, https://www.today.ng/wp-content/uploads/2021/01/16201205-300×169.jpg 300w, https://www.today.ng/wp-content/uploads/2021/01/16201205.jpg 699w" sizes="(max-width: 696px) 100vw, 696px" alt="Thousands of Honduran migrants push through the police fence as they attempt to cross the border at El Florido in Guatemala forming the first migrant caravan of the year on it’s way to the United States on January 15, 2021. – Some 3,000 people left Honduras on foot January 15 in the latest migrant caravan hoping to find ...

Lagos shuts airport bridge indefinitely

The Lagos State Government on Sunday announced the closure of the Airport Bridge at Toyota on Oshodi/Isolo Expressway indefinitely. This follows the inferno that recently occurred on the Apapa Oshodi Expressway as a result of a PMS loaded tanker exploding in a fireball from collision with another truck, with the structure of the Airport Bridge at Toyota on Oshodi/Isolo Expressway has been affected. “The bridge therefore has to be temporarily closed to vehicular traffic movement to enable the State Government conduct structural engineering tests on the bridge,” said Commissioner for Transportation, Dr Frederic Oladeinde. He announced alternative routes for use by motorists pending the outcome of the tests and the reopening of the bridge to traffic. “Motorists from Mile 2 to Cele on Apapa-Os...

FRSC urges motorists to exercise patience

The Ifo Unit Command of the Federal Road Safety Corps (FRSC) in Ogun has advised motorists to exercise patience and drive with caution to stem road crashes during the Yuletide. The Commander of the unit, Mr Joshua Ibitomi, gave the advice on Thursday in Ota, Ogun. The Federal Government had on Wednesday declared Dec. 25 and Dec. 28, 2020, as well as, Jan. 1, 2021, as public holidays for the citizens to celebrate Christmas and the New Year festivities respectively. Ibitomi said that the advice had become necessary as motorists are always in a hurry during the festive season to arrive at their destinations without being conscious of the safety measures on the roads. “The FRSC implores motorists to exercise patience and adhere strictly to traffic rules and regulations to avoid carnage on the ...

Families of kidnapped Katsina schoolboys fear time running out

Families of more than 300 kidnapped Nigerian schoolboys worried they may be brainwashed or held for years as security forces combed a vast forest on Wednesday for armed captors possibly from the jihadist Boko Haram movement. According to an unverified audio clip, the Islamist group – whose name means “Western education is forbidden” – was responsible for last week’s raid on an all-boys school in the town of Kankara in northwestern Katsina state. Parents fear time may be running out: Boko Haram has a history of turning captives into jihadist fighters. “They will radicalise our children if the government does not act fast to help us rescue them,” said trader Shuaibu Kankara, crying as he spoke from home. His 13-year-old son Annas was among those abducted from the Government Science school on...