The dollar steadied against major currencies on Friday as traders awaited key U.S. jobs data that will shed light on the strength of economic recovery from the coronavirus outbreak. The euro was in focus before data on German industrial orders, which could provide more clues about the health of the euro-zone economy. The greenback has managed to halt its recent slide, but analysts warn sentiment remains weak due to concern about the strength of U.S. economic growth and speculation that the Federal Reserve will keep rates low for a very long time. “The dollar has rebounded against the euro and…
Author: Abdallah el-Kurebe
A veritable seed system sprouting from a fully developed and supported (Early Generation Seed (EGS), Foundation Seed (FS) and Certified Seed (CS) production program will unleash a realizable and markedly sustainable food system in Nigeria if properly implemented. The African Development Bank, AfDB, led by our own Dr Adewunmi Adesina, a world renowned Agricultural Economist, the first and only Nigerian to be roundly elected by all stakeholders, can give the desired support Nigeria needs to fully reinvigorate it’s seed system, which will fully and sustainably impact its food system. The evolution of a healthy and efficacious Nigerian seed system will…
Governor Bello Mohammed of Zamfara on Thursday, delivered a lecture where he shared his experience on how the state government brought relative peace in the state. In the governor’s paper, “Promoting National Security And Sustainable Development: The Zamfara State Experience”, delivered at the National Institute for Security Studies, Bwari, Muhammad said honesty and determination propelled his government’s achievement of success in attaining security. The paper dwelled extensively on the issues of security and development in the State under his administration. According to a statement by his spokesperson, Zailani Bappa made to Ashenewsonline on Friday, the governor was invited by the…
Nine Nigerian soldiers have reportedly been killed in an offensive by the Islamic State West Africa Province (ISWAP) in Borno on Wednesday. The ISWAP) in 10 trucks, who were fitted with machine guns, overran a military position in Magumeri town on Tuesday, killing nine troops, sources say. “The terrorists took over the (military) post around 4:00 pm (1500 GMT) and dispersed the troops, killing nine,” the first source told AFP. The militants burnt three vehicles at the base, including an armoured tank and an excavator used in digging fortifications to stave off jihadist incursions, said the second source who gave…
On Wednesday, the Government raised the price of petrol to 160 naira a litre, the third increase in a few weeks. Since then, there had been massive complaints and calls for action. The phrases – Occupy Nigeria, Enough is Enough, Revolution Now and Days of Rage have been trending in the social media. It is not only fuel that is at issue, electricity tariff too has gone up and food prices are galloping. The NLC is meeting to plan its response and Nigerians are calling on President Buhari to resign. We all remember that in 2015, in spite of a…
The Nigeria Centre for Disease Control NCDC, has reported 125 new cases of COVID-19. The Centre on its Twitter handle, @NCDCgov Thursday night also said 21 additional deaths were recorded. It added that the total number of cases in the country is now 54,588. The following is the breakdown of cases by state: Lagos-42FCT-25Katsina-14Kaduna-11Kwara-8Ondo-7Delta-4Anambra-3Oyo-3Edo-2Ogun-2Osun-2Cross River-1 The release further showed that a total of 42, 627 persons have been discharged while the country has recorded 1,048 deaths so far.
The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), said on Thursday that the whole intent and purposes of the $9.6 billion P&ID contract, was corruption, fraud, and non-compliance with processes and procedures. A statement by his spokesperson, Dr. Umar Jibrilu Gwandu on Thursday, said government has learned a lesson and will always ensure that standard operating procedures, relating to each and every agreement that has the potential of affecting national economy and national interest, is put in place. The minister made the disclosure while speaking at a virtual international conference to mark the African Arbitration…
The Federal Government has okayed the reopening of schools and the orientation camps of the National Youths Service Corps (NYSC) nationwide. The National Coordinator of the Presidential Taskforce on COVID-19, Dr Sani Aliyu, during a briefing at the Nnamdi Azikwe International Airport, Abuja, said the task force recommends phased return of students. “For educational institutions which include daycare, primary, secondary and tertiary institutions. Educational institutions should begin the process of working towards potentially reopening within this phase. “However, we strongly recommend that states conduct a risk assessment to ensure all schools are at a level of compliance and create a…
As the international flights resume in a Nigeria on September 5, the Federal government has barred some airlines from operating into the country. Those denied approval include Air France, KLM, Etihad, Rwandair, Lufthansa, TAAG Angola airlines and others. The airlines given licence to operate include: Middle-East, British Airways, Delta airlines, Qatar Airways, Ethiopian Airlines, Egyptair, Air Peace, Virgin Atlantic, Asky, Africa World Airways (AWA), Air Cote-d’Ivoire, Kenya Airways, Emirate, and Turkish airlines. The Minister also appealed to the approved airlines to operate within covid-19 protocols to ensure a safe flight, he also added that passengers are required to come to…
Troops of Operation Accord, have killed four suspected bandits at Jeka Da Rabi area, along Kaduna-Abuja expressway in Kaduna state. A statement by the Coordinator, Defence Media Operations, Major General John Enenche on Thursday, also said the troops recovered weapons from the bandits in an operation that took place on September 2. “Acting on credible intelligence on the movement of bandits from Kachia area, troops swiftly mobilized to the scene and laid ambush. “The gallant troops made contact with the bandits and engaged them with superior firepower thereby neutralizing 4 while others escaped with gun shots wounds. The troops also…