The international oil benchmark, Brent crude, dropped on Monday after climbing above the $70 per barrel mark for the first time in over 14 months. Brent, against which Nigeria’s oil priced, fell by $1.30 to $68.06 per barrel as of 8:08pm Nigerian time on Monday, down from over $70 per barrel in the morning. The […]
Month: March 2021
Nigeria distributes COVID-19 vaccines to states
“Most governors have agreed to flag off on March 10 while the statewide rollout of COVID-19 vaccine will commence from the 12 of March.” The Nigerian government on Monday said it has started distributing the Oxford-AstraZeneca COVID-19 vaccines to various states across the country. The Executive Director of National Primary Healthcare Development Agency (NPHCDA), Faisal […]
NDLEA Arrests ‘Notorious Drug Trafficker
The National Drug Law Enforcement Agency (NDLEA) has a notorious suspected drug trafficker, Hassan Taiwo, with three parcels of cocaine concealed in a false bottom created in his suitcase. Mr Femi Babafemi, who is the Director of Media and Advocacy at the agency, disclosed this in a statement on Monday. He noted that the suspect […]
Insurers make N10.1b from life annuity in Q4
Insurance companies providing Retiree Life Annuity (RLA) to retirees under the Contributory Pension Scheme (CPS) received N10.1 billion premium, in the fourth quarter of last year, The Nation has learnt. Life Annuity is a series of monthly or quarterly payments paid to a retiree for life and is jointly regulated by the National Insurance Commission […]
Odumegwu Ojukwu University commences course in native medicine
Chukwuemeka Odumegwu Ojukwu University, Anambra State, has commenced an advanced diploma course in native medicine. The Special Adviser to the Anambra State Governor, Mr Willie Obiano, on medicine and herbal practice, Dr Onyekachi Ibezim, disclosed this at a press conference in Awka. He said the development was part of the efforts of the state government […]
CAF puts off U-17 tournament
The Confederation of African Football has cancelled the 2021 U-17 African Cup of Nations billed to kick-off on Friday in Rabat, Morocco. There was no official reason given by CAF for the cancellation, but reports claimed that the tournament was cancelled as a result of the closure of the Moroccan airspace until March 21, due […]
5.1m Pension Contributors To Undergo Data Recapture
No fewer than 5.1 million pension fund contributors are set to undergo fresh data recapturing. This became necessary after they submitted either incomplete or no data during the previous data recapturing exercise in the pension industry, LEADERSHIP learnt at the weekend. Findings show that, of the 9.27 million Retirement Savings Account (RSA) holders, only 4.1 […]
CBN’s naira for dollar policy begins today
The Central Bank of Nigeria has said its new ‘Naira for Dollar Scheme” which takes effect today, would provide Nigerians in the Diaspora with cheaper and more convenient ways of sending remittances to Nigeria. The policy, which gives N5 rebate for every $1 sent by Nigerians in the diaspora to the country, will be paid […]
AU, ECOWAS Must Persuade Cape Verde To Return To Legality On Amb. Alex Saab –AFBA President Hanibal Uwaifo
The President of the African Bar Association (AfBA) and Nigerian Human Rights Advocate, Mr Hannibal Uwaifo Esq. has called on the African Heads of States and governments to rise as a body, and pointedly persuade the authorities of the Cape Verde Island to rescue itself from the diplomatic sludge of holding on to Ambassador Alex […]
Senate Committee pays oversight Visit to FAAN
By Foster Obi Senate Committee on Aviation on Friday, March 6 paid an oversight visit to the Federal Airports Authority of Nigeria at the Authority’s Headquarters annex in Lagos. Receiving the distinguished committee, the Managing Director of the Authority, Capt. Rabiu Yadudu, who led the FAAN Management team to the meeting, expressed the Authority’s appreciation […]