Breaking News in Nigeria Today Monday 20th April 2020
Here are some of the Breaking News in Nigeria Today Monday 20th April 2020 on some of the nation newspapers .
Read also
‘Oil prices may determine $6.9bn facility request’
Prediction FG seeking funds from IMF, World Bank, AfDB to fight COVID-19 D espite the country making market friendly reforms such as announcing that fuel subsidies have been removed and technically devaluing the naira, Nigeria’s chances of obtaining the $6.9billion total credit facility it is seeking from the International Monetary Fund (IMF), the World Bank and the AfDB to fight the coronavirus(COVID-19) pandemic, may depend on oil prices rising above S$50/bbl, analysts at Coronation Merchant Bank have said. In a report issued by Coronation Research, which…
New Telegraph.
COVID-19: Airline workers’ fate uncertain
●Olumide, Sanusi differ on bailout U ncertainty seems to envelop Nigeria’s aviation industry and the fate of airline workers as Nigeria’s oldest airline, Aero Contractors, has concluded plans to place workers on half salaries and wages occasioned by the huge effect of COVID-19 pandemic. This is coming amid convergent views for bailout for airlines as a way of cushioning their losses. While the Managing Director of Aero Contractors, Capt. Ado Sanusi, canvassed for bail out for the carriers, a former Managing Director of the airline, Capt.…
New Telegraph.
FMDQ admits FMN bonds, infrastructure debt fund, others
F MDQ Securities Exchange Limited has admitted to its platform, the Flour Mills of Nigeria PLc’s Series 3 N12.49 billion Tranche A and N7.50 billion Tranche B Fixed Rate Senior Unsecured Bonds under the N70.00 billion Bond Issuance Programme. The exchange also admitted for listing on its platform, the Chapel Hill Denham Nigeria Infrastructure Debt Fund Series 6 162.72 million Units of N100.00 each at N109.72 under the n200.00 billion Issuance Programme. The exchange had in December 2018 admitted the Flour Mills of Nigeria Series 1…
New Telegraph.
Tunde-Olowu: Why we want rebranded justice system through Aviation Law Report
Mr. Adedapo Tunde-Olowu, a Notary Public, has practiced law for about 32 years. In this interview, Olowu, who is the Head of Editorial Team of Aviation Law Report, speaks on the Law Report, coronavirus and justice system, aviation law and sundry issues. FOLUSO OGUNMODEDE reports What would you say is the reason behind this novel Aviation Law Report? In the course of my over 30 years as a lawyer, I discovered gaps in law reporting of court decisions in certain practice areas, notable among which are aviation…
New Telegraph.
Obaseki commiserates with Buhari over Abba Kyari’s demise
G overnor Godwin Obaseki of Edo State has mourned the death of Chief of Staff to President Muhammadu Buhari, Mallam Abba Kyari. The Chief of Staff died in Lagos on Friday April 17, 2020 as a result of complications from the Coronavirus (COVID-19) pandemic. The governor, in a statement, said he received the news of the passing of Kyari with sadness, stating that his passing was a personal loss and that he would be greatly missed. According to him, “Having associated with Abba Kyari for over two decades, I found…
New Telegraph.
COVID-19: Insurers get NAICOM’s nod to renew treaties
A s part of the extended palliatives to keep Nigerians protected with insurance covers, the National Insurance Commission (NAICOM) says insurance companies are free to renew their reinsurance treaty with foreign partners while local business renewals continue in the face of the coronavirus crisis. The Commission, in a circular No: NAICOM/DPR/CIR/29/2020 dated to all insurance operators/institutions, stated that this initiative was necessary to allow business continuity during the pandemic period. The circular signed by Pius Agboola, Director, Policy and Regulation at NAICOM, reads in part: “Re: …
New Telegraph.
Bandits kill 47 in Katsina communities
B andits have killed at least 47 people during raids on some villages in parts of Katsina State. The attacks occured at the weekend in some villages across Danmusa, Safana and Dutsin-ma local government areas. The state Police Public Relations Officer (PPRO), SP Gambo Isah, said security men were on the trail of the assailants. He disclosed that during the attack, the bandits killed 14 persons in Kurecin Atai in Danmusa Local Government Area, while four were killed at Kurecin Giye and six killed at Kurecin Dutse in Dutsin-ma…
New Telegraph.
COVID-19: Buhari orders SGF, ministers, NSA, others to go on isolation
Lawrence Olaoye P resident Muhammadu Buhari has ordered that all government officials, including the Secretary to the Government of the Federation (SGF), Boss Mustapha; the National Security Adviser (NSA), Maj-Gen. Babagana Monguno; ministers as well as journalists covering the State House who were at the burial of his late Chief of Staff, Abba Kyari, on Saturday to embark on 14 days self-isolation. Kyari, who died from complications from the novel Coronavirus (COVID-19) pandemic on Friday, was buried in Gudu Cemetery in Abuja on Saturday. The President ordered the self-isolation of…
New Telegraph.
COVID-19: Journey to normalcy has started –Adeboye
Dayo Ayeyemi General Overseer of the Redeemed Christian Church of God (RCCG), Pastor E.A. Adeboye, has said that the journey to normalcy has started as regard compulsory lockdown imposed on nations and economic activities due to the Coronavirus (COVID-19) pandemic. According to Adeboye, the journey to normalcy might not be very rapid but gradual and it would be steady. Speaking on a Special Sunday Service broadcast live on Dove Television, Adeboye told viewers all over the world that their pastors would return to their normal duty very soon. “I…
New Telegraph.
NFF mourns Abba Kyari
T he Nigeria Football Federation has expressed profound shock and a sense of deep sorrow at the passage on Saturday, 18th April 2020 of Mallam Abba Kyari, Chief of Staff to His Excellency President Muhammadu Buhari (GCFR). “Mallam Abba Kyari’s death is a big loss to the NFF, Nigerian Football family and the entire country as a whole,” NFF’s director of communications, Ademola Olajire, said. “Nigeria’s football industry has lost a friend and a great man who showed tremendous interest in the progress of the country’s game. He…
New Telegraph.
Read also
You can also check
