Nigeria news today headlines : Saturday 25th April 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Manufacturer Fined £80,000 Over Press Roller Crush
A lack of machine guarding on a press roller has landed a manufacturing firm with an £80,000 fine. On 19 June last year an agency worker was working on a production line that glued sponge to abrasive sheets to make scourer sponges at a factory in Shoeburyness, Essex. He’d been tasked with removing the sheets of scourer …
UK Accused Of Stalling Brexit Negotiations
EU Brexit negotiator Michel Barnier has deplored a lack of progress in the latest round of post-Brexit trade talks. Speaking in Brussels this afternoon after a week of talks, he accused Britain of stalling negotiations. “To tell you the truth … our objective that we had for tangible progress, this objective has only been partially …
Rishi Sunak Working On Loan Guarantees For Small Firms
Chancellor Rishi Sunak is preparing to launch a new coronavirus support scheme that offers 100 per cent guarantees on loans to the smallest UK businesses, amid criticism that the current programme is not getting cash to firms fast enough. The coronavirus business interruption loan scheme (CBILS) offers loans of up to £5m to companies with …
EU Accuses Britain Of Failing To Engage After Trade Talk
European Union lead negotiator Michel Barnier accused Britain of refusing to “engage seriously on a range of fundamental points” after the second round of negotiations on their post-Brexit relations on Friday. “The UK cannot refuse to extend the transition and at the same time slow down progress in important areas,” Barnier said, expressing concern that …
Azer Turk Bank Taps Ashburn For EFTPOS Kit
Azerbaijani state-owned bank Azer Turk Bank (ATB) has purchased TransLink.iQ solution from Lithuania–based firm Ashburn International to manage and monitor EFTPOS networks. Ashburn also provided ATB payment terminals manufactured by France-based payment software provider Ingenico. The TransLink.iQ solution is used to ensure secure transaction routing and remote EFTPOS terminal management. It accepts payment by credit …
South Africa Turns Focus To Social Inequality
Ramaphosa enacted a lockdown more swiftly and more strictly than many other governments with similar case numbers of the coronavirus, which has taken its toll on the economy. His “massive social and economic support package” of 500bn rand (£21.4bn), will be financed by reprioritising R130bn from the country’s original budget, as well as through borrowing …
Brazil Forecasts $1.5 Billion Foreign Direct Investment In April
Brazil’s central bank said on Friday it expects foreign direct investment into the country to total $1.5 billion in April, which would mark a sharp reduction from the $7.62 billion inflow registered last month. The central bank also said it expects Brazil to post a current account surplus of $2 billion in April, which would …
SFA, Razer To Support Singapore’s Fintech Firms
The Singapore FinTech Association (SFA) has partnered with Razer Fintech to offer financial support to Singapore’s fintech industry amid the coronavirus (Covid-19) pandemic. The fintech industry is currently facing issues including business continuity concerns, high business costs, funding and employment. The collaboration will leverage SFA’s capabilities and Razer’s ecosystem to help the community with various …
Akeredolu Sacks Aide For Dereliction Of Duty
Ondo State Governor Rotimi Akeredolu has sacked Mr Banji Adewumi, his Special Assistant on Youths and Students Affairs, for dereliction of duty. Mr Olusegun Ajiboye, the Chief Press Secretary to the governor, in a statement on Friday in Akure, said Adewumi was relieved of his appointment because he abandoned his responsibilities. “It was recently discovered …
Brussels Warned As Italians Look To Quit EU
Italians are wanting to leave the EU as a new poll has found that 40% of the country wants to leave Brussels over their handling of the coronavirus crisis. The poll also says that 7.3% of Italians want to scrap the Euro and go back to the Lira whilst 40% support leaving the EU. 41.7% …
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