The retreat of the Senate Committee on Banking, Insurance and Other Financial Institutions, held in Kaduna with the Nigeria Deposit Insurance Corporation (NDIC), has been described as a huge success. Its Chairman, Senator Uba Sani, who represents Kaduna Central Senatorial District, said this in Kaduna. According to him, the retreat with the theme, “Turning economic crisis to opportunities while ensuring deposits safety in Nigeria’s post COVID-19 era”, looked critically at the current state of the Nigerian economy in the light of the devastating impact of COVID-19 and the role NDIC must play to help stabilize the economy. “Of particular interest…
Author: Abdallah el-Kurebe
FC Barcelona said on Friday that France defender Samuel Umtiti has tested positive for COVID-19. However, the test result did not affect their UEFA Champions League quarter-final with Bayern Munich on Friday as he is injured and not with the squad. Umtiti is the second Barca player to give a positive test for COVID-19 in the last week. This was after his fellow French defender Jean-Clair Todibo was diagnosed with the virus on Wednesday when reporting back for pre-season training. Barca said in a statement that World Cup winner Umtiti was asymptomatic, in good health and…
Manchester City’s record scorer Sergio Aguero will not feature in the UEFA Champions League quarter-final against Olympique Lyonnais on Saturday. The Argentina forward failed to fully recover from his knee surgery, the English clubside’s manager, Pep Guardiola, said on Friday. Aguero is still in Barcelona undergoing recuperation from June’s operation. Although he has been named in the squad for the tournament, he is not yet ready even to take a place on the bench. “He is still in Barcelona. I think he should (have to) come here and do a test. He is still in Barcelona…
The Campaign for Democracy (CD) in Niger has called on the state government to stamp out insecurity ravaging some rural communities in the state to enable farmers produce enough food. The human right organisation made the call in a communique by Alhaji Abdullahi Jabi and Mr Afolabi Kehinde, CD state Chairman and Acting Secretary in Minna on Friday. “Many of our farmers have fled their ancestral homes and farmlands, living in Internally Displaced Persons (IDPs) camps and urban areas. “They no longer cultivate arable lands in the forests for fear of losing their lives. “These farmers…
German champions Bayern Munich utterly humiliated FC Barcelona with a stunning 8-2 victory on Friday. It was a sensational outing that sent them through into the semi-finals of the 2019/2020 UEFA Champions League in an extraordinarily emphatic manner. Thomas Mueller scored twice for a rampant Bayern Munich, who led 4-1 after 31 astonishing minutes. Lionel Messi and his team mates were condemned to a thrashing that felt like the end of an era for the illustrious Catalan club. Both teams have been crowned European champions five times. But, while Bayern Munich look to have a…
The Nigeria Center for Disease Control (NCDC) has reported 329 fresh cases of the Coronavirus (COVID-19) pandemic outbreak in the country. The NCDC made this known on its official twitter handle on Friday. The NCDC also announced seven additional deaths to take the country’s toll from the virus to 973. It stated that 21 states recorded the 329 infections bringing the total number of confirmed cases in Nigeria to 48,445. The health agency said that 35,998 persons have been treated and have recovered from the infection across the country. “In what is now the second highest number of COVID-19 patients to be…
Uganda’s Joshua Cheptegei produced a brilliant display of solo running to break Kenenisa Bekele’s 16-year-old 5,000 metres world record on Friday. The 23-year-old broke the record by almost two seconds at the Monaco Diamond League meeting. Cheptegei had predicted a world record run in the first Diamond League meeting of the season and duly delivered as he clocked 12 minutes, 35.36 seconds. He destroyed the 12:37.35 which Bekele set in the Netherlands in 2004. The 2019 world champion over 10,000 metres was in hot form before lockdown. He set world records over 10km and 5km…
A Lagos-based theatre promoter, Anthony Oluwabiyi, says he will host a virtual art and dance festival on August 27 to showcase Nigeria’s rich cultural heritage globally. Oluwabiyi told newsmen on Friday in Lagos that the virtual theatre festival entitled: “Araloba Virtual Festival 2020: The Dancer and The Poet,” would help attract multinationals to experience the cultural diversity of Nigeria. “The festival will be a unifying factor culturally and further foster unity among the people. One of the visual arts at display “We plan to also engage up and coming cultural and tourism practitioners in a positive…
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday rose by 86.97 per cent, just as the market indices dipped by 0.15 per cent. Specifically, investors traded 482.52 million shares valued at N4.52 billion in 3,897 deals. This was in contrast with a turnover of 258.08 million shares worth N1.68 billion, achieved in 3,640 deals on Thursday. An analysis of the activity chart indicates that Wapic Insurance was the most active, exchanging 101.09 million shares valued at N33.36 million. Unilever followed with an account of 67.87 million shares worth N848.49 million, while…
Showmax, an internet television service on Friday said the ongoing Big Brother Naija (BBNaija) show had become the most popular entertainment live stream on that platform This was contained in a statement given to newsmen in Lagos, by the organisation which added that the development had proved that local content definitely had cross-border appeal. The television service drew audiences in Nigeria and other countries across the continent. “The Big Brother Naija Lockdown which started July 19, 2020 had already broken a Showmax live-streaming record and become the most-watched live entertainment content ever on the streaming service. …