27 C
Lagos, South Africa and New York
Thursday, June 4, 2020

Africa’s Post-Covid Economic Recovery: Elumelu Moderates as Presidents of Senegal, Liberia, US Senator Coons, other Global Leaders Convene at UBA Africa Day Conversations 2020

The President of Senegal, H.E. Macky Sall, President of Liberia, H.E George Weah and United States Senator Chris Coons will form part of a high-level leadership panel to be moderated by the Chairman, United Bank for Africa (UBA) and Founder of...

FCMB founder donates relief to Ogun residents

The founder, First City Monument Bank, Otunba Subomi Balogun, has donated relief materials to residents of Ijebu-Ode, Ogun State, as part of measures to cushion the effects of the COVID-19 lockdown. A statement by the bank said the gesture was among the series of interventions...

SI4DEV launches N5m Coronavirus response fund, calls for lockdown ease

Low income families and communities speak out on the impacts of the COVID-19 lockdown. Strategy and Innovation for Development Initiative (SI4DEV) launched the N5Million SI4DEV COVID-19 Response Fund on April 2, 2020 in a bid to get ahead of the envisaged societal unrest and...

Subscriber group rejects DStv/GOtv new tarrif

Subscribers under the aegis of the Association of Telephone, Cable TV and Internet Subscribers have rejected the proposed hike in monthly subscription to Pay TV during the coronavirus pandemic. The group, in a letter to MultiChoice, expressed their displeasure at the plan to increase monthly...

FirstBank holds virtual SME clinic

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, will host a virtual SME Business Clinic to provide insightful information on how SMEs can better manage the financial activities of their businesses. The clinic which is scheduled to hold via Microsoft...

Polo Fetes Journalists; Salutes Courage In Stemming Tide Of Fake News

Nigeria's foremost luxury and lifestyle company Polo Limited, as part of its multi-level intervention in providing succour for segments of the society affected by the COVID-19 lockdown recently visited the press corps of the Lagos State Government. In charting a different path from the norm...

NECA Faults FIRS on Advance Payment of Taxes

The Nigeria Employers Consultative Assembly (NECA) has described the Federal Inland Revenue Service (FIRS) request for advance payment of taxes by companies as additional pressure on businesses. A statement issued yesterday by the Director General of NECA, Dr. Timothy Olawale, said the assembly was surprised...

Savannah Energy Presents Financial and Operational Update

Savannah Energy PLC, the British independent energy company focused around activities in Nigeria and Niger, is pleased to provide a financial and operational update for the FY 2019 and for the c.19 week period of ownership of the Nigerian Assets from 15 November 2019...

Scarcity of PPEs in Nigeria sparks opportunity for local tailors to manufacture hand-making PPE to help fight coronavirus

As the world experiences a shortage of personal protective equipment (PPE) in the wake of the Covid-19 pandemic, tailors in Nigeria are responding by hand-making equipment like overalls and face masks. Rising demand, panic buying, hoarding, and misuse have disrupted the global supply of PPE,...

Bill & Melinda Gates Foundation Expands Commitment to Global COVID-19 Response

Calls for International Collaboration to Protect People Everywhere from the Virus Additional funding brings foundation commitment to more than $250 million to support development of diagnostics, therapeutics, and vaccines; help strengthen African and South Asian health systems; and help mitigate the social and economic impacts of...