Thisday Newspaper News Today Sunday 7th June 2020

Thisday Newspaper News Today Sunday 7th June 2020

Top Nigeria news Dailies Update from Thisday Newspaper News Today 07/06/20

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The Nation Newspaper Today Headline Sunday 7th June 2020

FG Restricts Children from Churches, Mosques, Limits Service to One Hour

•Deploys Gene-Xpert machines in Kogi, Cross River •Worship centres remain closed in Lagos, Kaduna •812 health workers infected with COVID-19 •Nigeria resumes participation in WHO’s clinical trials •Virus infects 241 more, bringing total to 10,819 with 314 deaths, 3,239 discharged Segun James, Martins Ifijeh in Lagos, Olawale Ajimotokan and Onyebuchi Ezigbo in Abuja Following the …
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REOPENING RELIGIOUS HOUSES IS PERILOUS

Cosmas Odoemena argues that it is not yet safe to open worship centres Just as it filtered in that government has approved the reopening of religious houses my younger sister sent this: “COVID-19 is real. My hubby just lost one of his hometown friends. He came to my wedding with his Yoruba wife. He died …
THISDAYLIVE.

FBN Holdings Divests from Insurance Subsidiary, Sells Firm to Sanlam

Goddy Egene FBN Holdings Plc has divested its 65 per cent equity in FBN Insurance Limited to Salam (PTY) Limited, which used to hold 35 per cent stake in the insurance firm. The financial conglomerate had in April announced its plan to divest, saying it is in line with FBN Holdings’ “strategic objectives.” However, in …
THISDAYLIVE.

Obaseki Rules Out Defection, Vows to Contest on APC Platform

Adedayo Akinwale in Abuja Edo State Governor, Mr. Godwin Obaseki, has foreclosed defecting to another party to pursue his second term ambition, notwithstanding the groundswell of opposition to his re-election bid by the National Chairman of the All Progressives Congress (APC), Mr. Adams Oshiomhole, and other chieftains from the state. Obaseki said yesterday in Abuja …
THISDAYLIVE.

FMDQ Admits Flour Mills of Nigeria’s N30 Billion Commercial Paper

Goddy Egene FMDQ Securities Exchange Limited has approved the quotation of the Flour Mills of Nigeria Plc N10.00 billion Series 13 and N20.00 billion Series 14 Commercial Paper (CP) notes under its N100 billion CP Issuance Programme on the exchange. According to exchange, as most businesses across the globe continue to grapple with the economic …
THISDAYLIVE.

N’Assembly Raises 2020 Budget Oil Price Benchmark to $28

•Reduces production to 1.8mbd •Okays FG’s $5.53bn external loan request Deji Elumoye and Adedayo Akinwale in Abuja The National Assembly yesterday increased the oil price benchmark to $28 per barrel from the $25 proposed by the executive in the revised Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) forwarded to the lawmakers for …
THISDAYLIVE.

Buhari Vows Nigeria’s Unflinching Support for Adesina

•They want to smear my reputation, says AfDB boss Omololu Ogunmade in Abuja President Muhammadu Buhari yesterday assured the embattled President of African Development Bank (AfDB), Dr. Akinwumi Adesina, of Nigeria’s unwavering commitment to his second term bid. The president, while hosting Adesina, who visited him at the State House in Abuja, said the African …
THISDAYLIVE.

Court Orders Kalu’s Release from Prison

Davidson Iriekpen A Federal High Court sitting in Lagos State yesterday ordered the release of a former governor of Abia State, Senator Orji Uzor Kalu, from prison. Justice Mohammad Liman gave the order after Kalu’s lawyer, Chief Lateef Fagbemi (SAN), moved an application for the release of the former governor in court. Kalu was jailed …
THISDAYLIVE.

Gencos: 4,159MW Now Stranded from National Grid

•Say power distribution averages 3,987MW daily Chineme Okafor in Abuja A new operational report from power generation companies (Gencos) in Nigeria yesterday showed that the volume of stranded electricity – power unable to get to the national grid, has gone up to 4,159 megawatts (MW), up from the 1,030MW that was stranded when the power …
THISDAYLIVE.

FG Gives Airlines Conditions for Flight Resumption

Chinedu Eze The federal government has given airlines a checklist to comply with before they would be certified to resume flight operation, which has been tentatively fixed for June 21, THISDAY has learnt. These conditions include all the protocols to prevent infection and spread of COVID-19 in flight operations in order to protect travellers; the …
THISDAYLIVE.

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