Nigeria news today headlines : Tuesday 17th March 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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FG Suspends Plans To Borrow $22.7bn
ABUJA – The Federal Government on Monday disclosed that it has suspended its $22.7 billion external borrowing plans due to current realities in the global economic landscape. Zainab Ahmed, Minister of Finance, who made this known in Abuja said the current market indices do not support external borrowings at the moment. Speaking at the 2020
Lagos Explosion: Sanwo-Olu Sets Up N2bn Relief Fund For Victims
LAGOS – The Lagos State government on Monday setup a N2 billion Emergency Relief Fund to assist victims of Sunday’s explosion at Abule Ado area of the state. Governor Babajide Sanwo-Olu announced the establishment of the ‘Abule Ado Emergency Relief Fund’ after visiting the scene of the explosion at Ado Suba in Abule Ado. Sanwo-Olu
International Merchants Reject Naira Debit Cards
BAMIDELE OGUNWUSI ; , CHIDI UGWU LAGOS / ABUJA – The naira may yet face another hurdle in the international market as international merchants on Monday started rejecting naira debit cards for transactions. A source informed Daily Independent on Monday that some shoppers began to notice the trend at the weekend but development became worrisome
Coronavirus: FG Adds France, Germany, Spain To List Of High-Risk Countries
TOYIN ADEBAYO; EMMA NZOMIWU ABUJA / ENUGU – The Federal Government has added France, Germany, and Spain to its list of five high-risk countries with widespread community transmission. As a result, travellers from the affected countries will not only undergo secondary screening at the point of entry, but will also be advised to self-isolate for
BRACED Commission Will Address Insecurity, Economic Challenges –Okowa
Senator Ifeanyi Okowa is the Governor of Delta State. In this interview with FELIX IGBEKOYI, Okowa, who is the Chairman of the South-South Governors’ Forum, gave insight into the outcome of the region’s governors’ recent meeting in Asaba, which focused on security, economy, poverty and the BRACED Commission. Excerpts: What is the necessity for the
Enugu 2023: Ugwuanyi, Ekweremadu And The Drumbeats Of War
ENUGU – According to Baruch Spinoza, a Dutch philosopher of Portuguese Sephardi origin, “peace is not the absence of war, it is a virtue, a state of mind, a disposition of benevolence, confidence, justice.” This statement may have captured the situation in Enugu state today. Whereas it appears that there is peace within the ruling Peoples
Chairman: How Street Lights Reduced Crime In Onitsha-North
Awka – The council chairman of the Onitsha-North Local Government Area of Anambra State, Hon. Patrick Aghadinuno Mba says his street light project has reduced crime to zero levels in the Onitsha-North Council Area. Mba said that the 32 streets in Inland town Onitsha which hitherto were flashpoints for criminal elements have all been provided
AFFM Launches $2.2m Project In Nigeria
The Africa Fertiliser Financing Mechanism (AFFM) has kick-started a $2.2m project to provide fertiliser suppliers in Nigeria with financial support to improve supply for 200,000 smallholder farmers. The project would also train farmers in proper fertiliser use and other agricultural best practices. The trade credit guarantee project is AFFM’s first in the West African nation
More Worries As Oil Collapse Deepens
Oil’s price spectacular collapse deepened yesterday as widening global efforts to fight the spread of the coronavirus looked set to trigger the most severe contraction in annual oil demand in history. Futures tumbled by more than 6% after losing a quarter of their value last week, the largest drop since 2008. Even a massive emergency
Innoson Vehicles Have 65% Nigerian Local Content – Official
The Innoson Motor Vehicle Limited said each of its vehicles has 65 per cent Nigerian local content, making them indigenous brands and promoting the Made-in-Nigeria initiative. Chief Arthur Nwandu, the Sales Consultant to the company, disclosed this to journalists in Enugu on Monday at the ongoing 31st Enugu International Trade Fair. Nwandu said that the
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