Nigeria news today headlines : Tuesday 12th May 2020

Nigeria news today headlines : Tuesday 12th May 2020

These are the Nigeria news today headlines updates from Nigerian newspaper .

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Nigeria Newspaper Tuesday 12th May 2020

Troops Kill 17 Bandits In Kaduna – AFN

ABUJA – No fewer than 17 armed bandits were last Thursday neu­tralised by troops of the Armed Forces of Nigeria (AFN). The operation update released on Monday by the military High Command, through Major General John Enenche, Coordinator of the Defence Media Operations (CDMO), disclosed that some of the armed bandits also es­caped with diverse …

COVID 19: Isichei Provides Palliatives To Ubulu-Uku Community

 Mr. Andy Isichei, Chief Exec­utive Officer of Cybernetics Oil Nigeria Limited, has pro­vided food items as palliatives to his hometown, Ubulu-Uku, in Aniocha South Local Gov­ernment Area of Delta State. The items distributed in­clude 50 cartons of tin toma­toes, 90 bags of salt, 90 cartons of sugar, 450 bags of 10kg rice, 45 100kg bags …

Abductors Of LG Chairman’s 80-Year-Old Father In Bayelsa Keep Mum

YENAGOA – Abductors of Elder Napo­leon Alale, the 80-year-old father of the Chairman of Sagbama Local Govern­ment Council of Bayelsa State, Mr. Embeleakpo Alale, have not made con­tact with the family four days after the incident. Elder Alale was kid­napped on Friday at his res­idence in Agbere Communi­ty in the local council area. The bandits …

Delta Govt Reduces Daily Ticket Rates For Tricycle, Motorcycle Operators

ASABA – Delta State Governor, Sen­ator Ifeanyi Okowa, has di­rected a further reduction of the daily ticket rates for tricycle (keke) and motor­cycle (okada) operators in the state with immediate effect. The measure is part of the state government’s efforts to assuage the plight of opera­tors and passengers during the COVID-19 pandemic. Following the new …

Multiple Road Crashes Kill One, Others Injured

AWKA – It was a monstrous Monday in Anambra State as multi­ple road traffic crashes in­volving seven vehicles and nine persons claimed one life and left several others with varying degrees of severe injury. Information report on the cause of the crash released by the Public Education Officer of the Anambra Command of the Federal …

Over One Million Benefit From Refugee Zakat Fund – UNHCR

 The United Nations High Commissioner for Refugees (UNHCR) has urged Mus­lims and other faith-based organisations to support refugees struggling to cope with the repercussions of the global COVID-19 pan­demic through the Refugee Zakat Fund. In a video statement at the official launch of the UN­HCR’s 2020 Islamic Philanthro­py Report in Qatar on Sunday, April 19,2020, …

Equities Market Begins Week Negative, Dips By 0.39%

LAGOS -The Nigerian equities market yesterday commenced the trading week on a negative note as the major indicators shed 0.39 per cent each. The All-Share Index decreased by 94.57 basis points, representing a dip of 0.39 per cent to close at 23,950.83 points. Similarly, the overall market capitalisation size shed N49 billion to close at …

Wema Holds 2019 AGM By Proxy

In furtherance to its 2019 Annual General Meeting (AGM), Wema Bank Nigeria Plc has decided to remodel the process for the 2019 AGM due to the outbreak of COVID19 which has necessitated controlled movement across various states of the nation. The bank, which is also celebrating its 75th anniversary, has announced that the Annual General …

Emefiele Assures Investors Of Investments’ Security

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has assured investors of the security of their investments in the country despite dwindling revenue from the sale of crude oil globally. Speaking in Abuja, Emefiele said investors interested in repatriating their funds from the country were guaranteed to get their money, notwithstanding the drop …

POST-COVID-19: Diversify Nigeria’s Economy Now, Expert Urges FG

P/HARCOURT – In view of the devastating effect to the global economy due to the outbreak of the corona virus pandemic, the Federal Government has been urged to urgently diversify the economy from oil to aquatic and agro-based sector. The reality of such policy is anchored on economic diversification through maximising opportunities in the marine …

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