The British government has donated a fresh batch of 592,880 doses of COVID-19 vaccines to Nigeria, as part of the over five million doses, pledged to 11 African countries. A statement by the British High Commission in Nigeria on Friday, said the additional donation to Nigeria, brought the total number of vaccine doses donated by the UK to 1,292,640. It said the donation to Nigeria and other countries in Africa was part of UK government’s broader plan to distribute 100 million vaccine doses across the World. “The UK has pledged to share 80 million doses of COVID-19 vaccines with the COVAX…
Author: Abdallah el-Kurebe
The former Emir of Kano, Muhamadu Sanusi II, on Friday lauded the Federal Government over the good living condition of the inmates of the Medium Security Custodial Centre, Yola. Sanusi made the commendation when he supervised the release of 18 inmates with minor offences at the centre in Yola. Sanusi expressed delight over the good living condition and wellbeing of the inmates of the centre. “I am here to supervise the release of 18 inmates who are in custody for minor offences especially debt. “The environment is clean; I look at them, many of them look healthy as they are…
Zenith Bank Plc has posted a profit before tax (PBT) of N117.05 billion for six months as at June 30, against N114.12 billion achieved in the comparative period of 2020. This was stated in the company’s interim report signed by the Company Secretary, Mr Micheal Otu, posted on the website of the Nigerian Exchange (NGX) Ltd. on Friday in Lagos. According to the result, gross earnings of the Group stands at N345.55 billion for the period under review, as against N346.08 billion reported in the comparative period of 2020. Also, profit after tax (PAT) grew from N106.11 billion recorded as…
The federal government of Nigeria has commenced a N44 million conditional cash transfer to 1, 997 poor and vulnerable households in Bosso local government Area of Niger state. The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouk disclosed this at the commencement of the programme in Maikukunle, headquarters of the local government, on Friday. Represented by Hadiza Shiru, Head of Unit, the minister said the grant was aimed at increasing access to financial capital for an improved economy. She said that ” N20,000 was disbursed to each of the 1,997 beneficiaries, out of which 495 are given…
The Nigerian Exchange (NGX) Ltd on Friday moved 232.85 million shares worth N1.85 billion in 3,351 deals. The turnover represented a growth of 24.97 per cent when compared with 186.33 million valued at N1.79 billion traded in 3,595 deals on Thursday. Transacorp dominated the activity chart with 45.13 million shares worth N42.14 million. Mutual Benefits followed with an account of 29.26 million shares valued at N8.87 million, while GTCO sold 22.09 million shares worth N614.25 million. Zenith Bank exchanged 16.36 million shares valued at N399.14 million, while etranzact traded 13.84 million shares worth N26.81 million. Also, the NGX All-Shares improved…
The United Nations Economic Commission for Africa (UNECA) is set to investigate opportunities in sports manufacturing and how the African Continental Free Trade Area (AfCFTA) can create opportunities for the continent’s small and medium enterprises (SMEs) in the sports sector. According to a statement from the commission on Friday, the African Trade Policy Centre (ATPC) of the commission and African Sports Unified (ASU) will organise a sports, trade and manufacturing roundtable on Sept. 8 to explore the linkage between the sports industry and the AfCFTA. The webinar will provide an opportunity for dialogue among stakeholders in the sector to explore…
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has inaugurated the 2021 Micro Enterprise Grant to 2,160 Small and Medium Scale Enterprises (SMEs) in Borno State. The programme is being implemented in collaboration between the Borno State Government and SMEDAN under its Conditional Grant Scheme. Gov. Babagana Zulum, stated this at the inauguration of the exercise on Friday in Maiduguri. Zulum lauded the Federal Government for the launching of the programme in Borno, which he said was fast recovering from insurgency. He said the programme would create employment opportunities and help in projecting the business potentials of the state.…
The Comptroller General of the Nigeria Immigration Service (NIS), Muhammed Babandede, on Friday in Abuja briefed President Muhammadu Buhari on NIS’s activities aimed at safeguarding the nation’s borders. Speaking to State House correspondents at the end of the closed door meeting with the president, Babandede said new measures had been put in place by NIS to check illegal movement of foreigners into the country. According to him, the agency has acquired sophisticated equipment and gadgets to help in exposing persons illegally staying in the country after the expiration of their visa. He said: “I came to brief Mr President because…
The Transition Monitoring Group, TMG, has elected Mr. Auwal Rafsanjani as the new Chairman of its Board. A statement by Dr Abiola Akiyode-Afolabi on behalf of TMG and made available to ASHENEWS on Friday, said Rafsanjani along with other members of the Board, were elected at the group’s Annual General meeting (AGM) that took place on Thursday, 26th August at Zeus Hotel, Mabushi – Abuja. Earlier in the day, the AGM kick started with an Electoral Summit with the theme: The Future of Nigeria Election; The Way Forward. “The Summit looked at various issues that can improve or impede elections…
…As Sylva, board members hail Corporation Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287 billion profit after tax in the 2020 financial year, the Group Managing Director, Mele Kyari, has given an insight into the measures adopted by his management to achieve the feat. Speaking at a press conference Thursday at the NNPC Towers, Abuja, the GMD attributed the turn-around of the Corporation from a loss of ₦803 billion in 2018 to profit of ₦287 billion in 2020 to the aggressive implementation of cost-cutting measures, improved efficiency through business automation, emphasis on…