Drivers
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. It said this in a statement issued in Washington D.C. on Tuesday at the presentation of the January 2021 Global Economic Prospects. It added that the said recovery would likely be subdued unless policy makers moved decisively to tame the pandemic and implement investment-enhancing reforms. The bank also said that growth in Sub-Saharan Africa was forecast to rebound moderately to 2.7 per cent in 2021, while Nigeria’s growth was expected to resume at 1.1 per cent. For the region, it said that while the recovery in private consumption and investment was forecast to be slower than previously envisioned, export growth was expe...
Bandits kill 19 in Kaduna attacks
Some bandits on motorcycles have invaded Kaya Village in Giwa Local Government Area of Kaduna State and killed no fewer than 19 persons, including the leader of the volunteer team in the area. Over nine persons sustained gunshot wounds in the incident that started from New Year’s day (Friday) to Saturday night. Several houses, shops as well as motorcycles were burnt during the reprisal attack by the bandits. The Kaya village in Kaduna Central Senatorial District shared a border with Hayin Kaura village of Dandume Local Government Area of Katsina State. The Kaduna State Commissioner for Internal Security and Home Affairs, Mr. Samuel Aruwan, who confirmed the attack on Sunday, said trouble started on New Year’s day when bandits attacked Kaya town and kidnapped some locals, including two marr...
Bandits kill 19 in Kaduna attacks
Some bandits on motorcycles have invaded Kaya Village in Giwa Local Government Area of Kaduna State and killed no fewer than 19 persons, including the leader of the volunteer team in the area. Over nine persons sustained gunshot wounds in the incident that started from New Year’s day (Friday) to Saturday night. Several houses, shops as well as motorcycles were burnt during the reprisal attack by the bandits. The Kaya village in Kaduna Central Senatorial District shared a border with Hayin Kaura village of Dandume Local Government Area of Katsina State. The Kaduna State Commissioner for Internal Security and Home Affairs, Mr. Samuel Aruwan, who confirmed the attack on Sunday, said trouble started on New Year’s day when bandits attacked Kaya town and kidnapped some locals, including two marr...
CBN: Naira to fall further in January
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 N500/$1. Since then, the dollar has been hovering between N460 and N470. As of Friday, however, one dollar exchanged for 465 in the parallel market. Also, the Nigerian economy had on November 21 slid into its second recession in five years when the economy shrank again in the third quarter. Th...
FRSC urges motorists to exercise patience
The Ifo Unit Command of the Federal Road Safety Corps (FRSC) in Ogun has advised motorists to exercise patience and drive with caution to stem road crashes during the Yuletide. The Commander of the unit, Mr Joshua Ibitomi, gave the advice on Thursday in Ota, Ogun. The Federal Government had on Wednesday declared Dec. 25 and Dec. 28, 2020, as well as, Jan. 1, 2021, as public holidays for the citizens to celebrate Christmas and the New Year festivities respectively. Ibitomi said that the advice had become necessary as motorists are always in a hurry during the festive season to arrive at their destinations without being conscious of the safety measures on the roads. “The FRSC implores motorists to exercise patience and adhere strictly to traffic rules and regulations to avoid carnage on the ...
Lai Mohammed: My only regret as minister
Nigeria’s Minister of Information and Culture, Lai Mohammed, has said his only regret as a minister is that some Nigerians have failed to appreciate that the administration of President Muhammadu Buhari is doing so much with little resources. Mr Mohammed stated this at a Special Forum of the News Agency of Nigeria (NAN) in Abuja. He said with dwindling resources, no government in the history of Nigeria has implemented programmes alleviating poverty among women and vulnerable groups as well as created jobs for the youth as the Buhari administration had done. The minister said his regret was that some Nigerians have failed to appreciate the efforts of the government but keep celebrating negative developments. “My regret in this government is that Nigerians have failed to appreciate that the ...
Moderna, McKesson, U.S. Army general begin rolling out new coronavirus vaccine
Distribution of Moderna Inc’s COVID-19 vaccine to more than 3,700 locations in the United States has begun, vastly widening the rollout started last week by Pfizer Inc, U.S Army General Gustave Perna said on Saturday. Moderna has already moved vaccines from its manufacturing plants to warehouses operated by distributor McKesson Corp where they are being packed into containers and loaded on to trucks on Saturday, Perna said during a news conference. Trucks will set out on Sunday and shipments will start reaching healthcare providers as soon as Monday, he said. The Food and Drug Administration on Friday approved an emergency use authorization for Moderna’s vaccine, the second COVID-19 vaccine to be approved. The jab developed by Pfizer and its German partner BioNTech SE was approved Dec. 11....
FRSC: No NIN, no driver’s licence
The Federal Road Safety Corps (FRSC) has given notice that it will start enforcing the National Identification Number (NIN) directive on driver’s licence processing nationwide, with effect from Dec. 21. Mr Bisi Kazeem, Assistant Corps Marshal (ACM), Corps Public Education Officer, announced this in a statement on Wednesday, in Abuja. Kazeem said that the enforcement became necessary following the Federal Government’s directives on harmonisation of citizens’ data by relevant agencies. In compliance with the directive, Kazeem said the FRSC had earlier put members of the public on notice, urging them, particularly those going for their driver’s license processing, to adhere to the directives. “As a follow up to that, FRSC management has resolved that effective Dec. 21, 2020, all applicants fo...
Lagos anti-one way squad impounds 42 vehicles
Three police officers and a naval rating are part of the offenders whose vehicles were impounded on Friday in an enforcement carried out by the Anti-One way and Other Traffic Offences Squad of the Lagos State Government. The traffic offenders met their Waterloo during the Squad’s operations along Apapa-Oshodi Expressway and Mile 2 area of the State. No fewer than 42 vehicles, including two articulated trucks and commercial tricycles, driving against the traffic were arrested by the Squad led by the Commander of policemen in Governor’s Monitoring Team (GMT), Shola Jejeloye, a Superintendent of Police (SP). The Friday enforcement was jointly carried out by the Squad and men of the Lagos State Traffic Management Authority (LASTMA). The Squad was specially created, last Monday, by the Commissi...
FRSC goes tough on motorists using phones on wheels
The Federal Road Safety Commission (FRSC), Lagos Sector Command has warned motorists using phones on wheels or be arrested . The agency gave the warning on Sunday , saying that it has observed with dismay the rampant use of phone by motorists while driving on the road. In a statement by the Route Commander Olabisi Sonusi Sector Public Education Officer, he stated that the Sector Commander of FRSC, Corps Commander Olusegun Ogungbemide, said the corps had noticed a rising disregard of traffic and safety regulations which forbid the use of phone behind wheels. According to him, traffic laws are for the safety of all road users and efforts should be made by all motorists to only do those things that can make them stay alive. Ogungbemide said: “We have noticed rising rate of infractions in phon...
Diabetes: Novo Nordisk to offer free insulin to children in Nigeria, Ghana
Novo Nordisk, a multinational pharmaceutical company, on Saturday announced the introduction of a programme to supply free insulin to children living with Diabetes Mellitus (DM) in Nigeria and Ghana from 2021. The post Diabetes: Novo Nordisk to offer free insulin to children in Nigeria, Ghana appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
BMW launches new flagship iX electric SUV with 300 miles of range
BMW unveiled its next electric vehicle, the iX SUV, with 300 miles of range and gorgeous minimal interior. The iX is BMW’s technological flagship, meaning it incorporates multiple technologies that will be featured in the German automaker’s upcoming vehicles, mainly electric powertrain and driver interface. The BMW iX will be the first vehicle to feature the automaker’s fifth-generation scalable EV technology, which means it can be adjusted to accommodate vehicles of different sizes and utility. The BMW iX will go into production at the company’s Dingolfing factory, located in Southern Bavaria, Germany, in the second half of 2021 and is scheduled to arrive on US shores in early 2022. BMW didn’t reveal the size of the iX’s battery but says it will be capable of adding 75 miles for every 10 ...
