December 27, 2020

e-Naira: CBN Warns Nigerians Against Fraudsters

Economic Crisis: Naira To Fall Further In January – CBN Report

December 27, 2020 2:49 pm

Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira is expected to depreciate further in January 2021.

The report, titled, ‘December 2020 Business Expectations Survey Report’ added that there might also be a steady rise in interest rate from December till the next six months.

The naira witnessed a sharp fall in recent weeks, reaching its lowest on November 30, 2020, when it exchanged for ₦500/$1. Since then, the dollar has been hovering between ₦460 and ₦470. As of …

Amotekun Commandant Dies In Motorcycle Accident In Oyo

Death Of UI Student: Amotekun Breaks Silence

December 27, 2020 6:30 am

The Southwest Security Network (Amotekun) in Oyo State, has stated that its operatives did not kill a student of the University of Ibadan (UI) last Sunday.

Retired Col. Olayinka Olayanju, the Commandant, in a press release on Saturday, said the corps only engaged a three-man robbery gang.

Olayanju noted that the leader was eliminated, while two others were handed over to the Police at Atiba Station in Oyo town.

Read Also; Amotekun: MURIC Writes South-West Govs On OPC

He recalled that on Sunday, December 20, an Amotekun patrol team from Oyo East and Atiba Local Government Areas ran into an …

UK COVID-19 Variant Hits Spain, Sweden

December 27, 2020 6:25 am

Spain and Sweden have recorded the coronavirus variant first identified in the United Kingdom.

Four cases reported in Madrid all arrived from the UK recently.

Regional government’s deputy health chief, Antonio Zapatero, made the disclosure to reporters on Saturday.

‘The patients are not seriously ill, we know that this strain is more transmissible but it does not cause more serious illness,’ he said.

Three others suspected cases have been tested, and results will be available on or before Wednesday.

Read Also: Coronavirus Cases Increase In 22 US States

Similarly, Sweden said a traveler from Britain fell ill on arrival …

Sign COVID-19 Relief Bill Now – Biden Tells Trump

December 27, 2020 6:24 am

United States President-elect, Joe Biden, has urged President Donald Trump to immediately sign the COVID-19 relief bill.

On Saturday, the Democrat accused Trump of delay despite the hard times Americans face.

Read Also: Coronavirus Cases Increase In 22 US States

Stressing the importance of the bill, Biden noted that it would keep small businesses afloat, extend unemployment benefits, and help struggling families.

‘It is the day after Christmas, and millions of families don’t know if they’ll be able to make ends meet because of President Donald Trump’s refusal to sign an economic relief bill approved by Congress with an

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