Nigeria news today headlines : Saturday 2nd May 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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2Baba, Heavenly Talented, Divinely Beautiful – Kenny Ogungbe
Kehinde ‘Kenny’ Ogungbe, is a Nigerian DJ, music producer, television presenter and music executive. He is the founder of the label Kennis Music, and the radio station, Kennis FM. Having discovered, worked with and shaped the careers of The Remedies (launching the solo careers of both Eedris Abdulkareem and Tony Tetuila), Sound Sultan, 2face Idibia …
Abba Kyari: Not So, Mamman Daura and Jallal Arabi
Why are some people unreasonably and immoderately intent on accusing Nigerians of ingratitude or stupidity? They do that when they accuse Nigerians of failure to appreciate the uncommon qualities they claim for the former Chief of Staff to President Muhammadu Buhari, late Mallam Abba Kyari. Alhaji Mamman Daura and Jalal Arabi inferred that much in …
COVID-19: Makinde Announces 10 New Cases In Oyo
Governor Seyi Makinde of Oyo State has announced ten (10) new cases of COVID-19 in the state in a series of tweets, which revealed that the new cases were parts of the pending confirmation tests conducted in the state. According to him, two tests came back positive on Thursday, April 30th while another eight tests …
South Africans Protest Job Cuts
Two South African trade unions are seeking court action to try and block layoffs at the embattled state-owned South African Airways (SAA), according to court papers seen by Reuters on Friday. SAA entered a form of bankruptcy protection in December and rescue specialists Les Matuson and Siviwe Dongwana proposed severance packages for all of SAA’s …
BoE Announces Release Time Of May 7 Rate Decision
The Bank of England said on Friday it will release the result of its next Monetary Policy Committee meeting at 7 a.m. (0600 GMT) on May 7, rather than at the usual release time of 12 p.m. “This is to accommodate the joint publication with the interim Financial Stability Report,” the BoE said. As well …
Farelogix, Sabre Walk Away From Merger
Sabre and Farelogix have officially terminated their merger agreement amid the UK Competition and Markets Authority’s decision to block the deal. The agreement, believed to be worth US$360 million, expired at midnight on 30 April and Sabre said both parties decided not to pursue the matter any further. Both Sabre and Farelogix dispute the CMA’s claim …
Switzerland Expands COVID-19 Guarantee Scheme
The Swiss Federal Council has announced that it will expand a system of guarantees for SMEs to provide support for start-ups during the coronavirus pandemic. In March, the Federal Council announced that SMEs affected by the pandemic could apply to their banks for bridging credit facilities representing a maximum of 10 percent of their annual …
FCA Goes To Court Over Business Insurance
The Financial Conduct Authority (FCA) is seeking legal clarity on the inability of some insurance customers to obtain compensation for disruption amid the coronavirus crisis. Businesses were forced to close their doors and furlough staff after the lockdown measures were introduced in March. The vast majority of businesses did not purchase business interruption insurance and …
Taxpayers Apply For COVID-19 Economic Impact Payments
On April 15, 2020, the United States Internal Revenue Service unveiled the “Get My Payment” online tool that will allow taxpayers to receive economic impact payments under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Under the CARES Act, all US residents with adjusted gross income up to USD75,000 (USD150,000 married), who are not …
British Airways To Get £900m In Loans
British Airways’ parent company has signed agreements for one billion euro (£900 million) of loans backed by the Spanish government, but the money cannot be used to help its UK airline which is cutting up to 12,000 jobs. IAG said the money can be used to help its Spanish carriers Iberia and Vueling mitigate the …
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