Covid-19 pandemic

Attacks, Looting Of Property Inimical To Public Good —Buhari

Attacks, Looting Of Property Inimical To Public Good —Buhari

October 25, 2020 5:20 pm

The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, on Sunday qouted the President, Major General Muhammadu Buhari (retd.), as condemning the looting of public and private property in parts of the country.

Read Also: Looting: Ayade Orders House To House Search In Cross River

He qouted the President as saying that the development was inimical to public good and stood condemned.

Shehu disclosed these in a statement titled ‘Again, President Buhari condemns loss of lives, appeals for peace and brotherhood.’

The statement read, ‘As the judicial panel of inquiry set up by the Lagos …

Hushpuppi’s Trial Suspended Till March 2021

Hushpuppi’s Trial Suspended Till March 2021

October 6, 2020 2:40 pm

Due to the COVID-19 pandemic, the trial of Ramon Abbas (Hushpuppi), the Nigerian Instagram celebrity facing wire fraud charges in the U.S., has been moved to 2021.

According to the chambers orders of Judge Otis Wright released September 23, the jury trial will continue by 9:00 a.m. on May 4, 2021.

Read Also: Hushpuppi Gets Another Top Rated Lawyer

Across the globe, the respiratory disease has been contracted by over 35 million people and has killed more than 1 million persons.

Apart from the economic challenges the pandemic has posed as a result of lockdown and some restrictions, it has …

Oil Prices Fall Amid Bleak Outlook Warnings

Oil Prices Fall Amid Bleak Outlook Warnings

September 15, 2020 7:47 am

Amid bleak outlook warnings by major oil producers and the COVID-19 pandemic, oil prices again went southwards on Tuesday, with experts forecasting prices may crash to $35.

Brent crude was down 4 cents, or 0.1%, at $39.57 a barrel by 0642 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down 2 cents, or 0.1%, at $37.24 a barrel.

Both contracts ended slightly lower the previous day.

Still, losses were limited by short-covering ahead of a key meeting later this week of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, to discuss compliance …

COVID-19 Pandemic Spikes Nigeria’s Unemployment Rate

COVID-19 Pandemic Spikes Nigeria’s Unemployment Rate

August 14, 2020 7:54 am

The COVID-19 pandemic worsened Nigeria’s unemployment situation, according to new figures by the National Bureau of Statistics.

According to NBS, the unemployment rate during second quarter, when Nigeria was in shutdown, rose from 23.1 percent in 2018 to 27.1% this year.

The underemployment rate increased from 20.1% in Q3, 2018 to 28.6%.

Read Also: FG Unveils Fresh Plans To Wipe Out Unemployment

For the period under review, Q2, 2020, the unemployment rate among young people (15-34years) was 34.9%, up from 29.7%, while the rate of underemployment for the same age group rose to 28.2% from 25.7% in Q3, 2018.…

Global Assessment Report

UN Offers Virtual Tours To Its Headquarters For A Fee

August 12, 2020 3:56 pm

Virtual tours to the UN Headquarters in New York are being offered to the general public amid the COVID-19 pandemic, said the UN Visitors Services on Tuesday.

By taking a virtual tour with one of the multilingual UN tour guides, participants will go on a live journey through the organisation’s history with a focus on the current work of its principal organs, learning how the United Nations addresses issues such as disarmament, peace and security, development, and human rights, said the UN Visitors Services in a press release.

Through this interactive experience, the online visitors will also be able to …

European Football Clubs Hit By Coronavirus, Valuation Plunges

European Football Clubs Hit By Coronavirus, Valuation Plunges

June 24, 2020 9:09 am

European football clubs could take a 20 to 25 percent hit to their enterprise values (EV) because of the “unprecedented crisis” caused by the COVID-19 pandemic.

A study conducted by KPMG revealed this, taking into account players’ devaluation as well as the performance of the largest listed teams in recent months.

Read Also: NFF Gives Update On 2019/2020 Football Season

It then compared this with KPMG’s data collected earlier in the year.

“… KPMG’s forecast of the devaluation of the football sector at the top end of the market is between 20 percent and 25 percent, when compared with our …

FG Urges Parents To Shun Gov. Makinde’s “Insensitive” Decision

FG Urges Parents To Shun Gov. Makinde’s “Insensitive” Decision

June 23, 2020 8:12 am

The Federal Government on Monday kicked against the reopening of schools in Oyo State amidst COVID-19 pandemic, describing such as insensitive to the health of the people.

Mr Emeka Uwajiuba, Minister of State for Education, said this at the Presidential Task Force on COVID-19 daily news conference in Abuja.

The News Agency of Nigeria (NAN) reports that Gov. Seyi Makinde of Oyo State had earlier ordered the reopening of schools across the state.

According to the minister, it is expedient to recognise the fact that Oyo State is a government operating under the Constitution of the Federal Republic of Nigeria …

INEC To Redesign Polling Units To Comply With Virus Regulations

INEC To Redesign Polling Units To Comply With Virus Regulations

May 26, 2020 4:58 am
Amid the COVID-19 pandemic, the Independent National Electoral Commission (INEC) has said that Polling Units shall be redesigned by the commission to ensure substantial compliance with the COVID-19 protocols established by health authorities.

INEC noted that, among other things, the redesign would emphasise on social distancing, general hygienic conduct and enforcement of COVID-19 prevention protocols.

The commission disclosed this in a ‘Policy on Conducting Elections in the Context of the COVID-19 Pandemic’ signed by INEC Chairman, Prof. Mahmood Yakubu, released on Monday.

Read Also: IPAC Blasts INEC On Deregistration Of Political Parties

The INEC chairman noted that on Election

…
What Buhari Told House Of Reps Concerning Borrowing ₦850b

What Buhari Told House Of Reps Concerning Borrowing ₦850b

May 8, 2020 7:01 am
President Muhammadu Buhari has explained that the COVID-19 pandemic and the fall of oil price in the international market has made borrowing from the international capital market unattractive.

Buhari explained this in a letter to the House of Representatives, saying he was constrained to ask the House to grant him approval to borrow ₦850 billion from the domestic capital market to finance deficits in the 2020 budget.

Buhari said that the N850 billion which was initially scheduled in the budget to be borrowed from the international capital market, was not possible now as a result of current global economic

…
Corona Beer Maker Suspends Production

Corona Beer Maker Suspends Production

April 3, 2020 8:46 am

The Mexican brewer of Corona beer said it was suspending production because of the health emergency in the country over the COVID-19 pandemic.

Grupo Modelo — whose brands also include Pacifico and Modelo — said the measure was in line with the Mexican government’s order.

The government has ordered the suspension of all non-essential activities until April 30 to slow the spread of coronavirus.

“We are in the process of lowering production at our plants to the bare minimum,” the company said in a statement on Thursday.

Read Also: Oil Rockets As Trump Signals End To Price War

The suspension, …

PDP Faults Buhari’s Address, Calls It Empty

PDP Faults Buhari’s Address, Calls It Empty

March 30, 2020 6:39 am

The Peoples Democratic Party (PDP) has faulted President Muhammadu Buhari’s address on the COVID-19 pandemic, alleging it was empty and failed to address the salient demands of the impact of the scourge on the nation.

It also alleged that outside the social distancing and isolation, which Nigerians had already imposed on themselves, Buhari had no new solutions to offer the nation.

The party further regretted that the address did not touch on the real necessities of majority of Nigerians who reside in the states where President Buhari had ordered a lockdown.

Read Also: Full Details Of President Buhari’s Broadcast On
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Sewing Face Masks Goes Viral In Europe

Sewing Face Masks Goes Viral In Europe

March 22, 2020 5:44 pm

What do prisoners, a former first lady and textile makers have in common? All have threaded their needles to combat a dire global shortage of face masks that risks the health of millions amid the COVID-19 pandemic.

Just a week ago, the small Czech company Nanospace was producing bed linen using nanomembrane — a textile with a very fine web of nanofibres — to protect allergic sleepers from mites.

But as the deadly novel coronavirus started reaping its grim toll in Europe, Nanospace workshops began churning out 10,000 nanomembrane face masks per day for two hospitals in the southern Czech …

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