The FCT Administration has told shop owners to choose between complying with COVID-19 guidelines or having their business premises shut as part of measures to contain the pandemic. Head, Media and Public Enlightenment of the FCT Ministerial Enforcement Task team on COVID-19 Regulations, Ikharo Attah, issued the warning while monitoring the level of compliance in some shopping malls and business premises across the city. He said the administration will “not hesitate to shut down shopping malls, Maitama farmers’ market and business premises in the city that fail to comply with the COVID-19 protocols and guidelines. “From what we observed, there is high compliance by costumers and visitors to these malls and business premises, sadly, same cannot be said of the workers and operators of shops a...
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...
Former President, Chief Olusegun Obasanjo and Catfish farmers in the country on Saturday met to brainstorm and strategize for better productivity in the industry. The farmers, under the aegis of the Catfish Farmers Association of Nigeria (CAFAN) met with the former President, who is a founding member of the body at the boardroom of Olusegun Obasanjo Presidential Library (OOPL) Abeokuta. Obasanjo who expressed satisfaction in returning to the association, after what he described as an interregnum, assured that the industry would be at enviable heights in no distance future if they all worked together as a body. Obasanjo said, “I started poultry farmers association and as a result of its achievements, that was why I began the catfish association too. What put me off, was that I was arrested,...
United Nations (UN) has revealed that not less than 110 civilians were killed by Boko Haram in the attack on a rice field in Borno State. Earlier reports had put the death toll of Saturday’s deadly Boko Haram attack on rice field in Borno at 43 while several others were said to be missing. A statement by the United Nations Humanitarian Coordinator in Nigeria, Mr. Edward Kallon, on Sunday, while describing the attack as horrifying, said not less than 110 people were killed with many other persons injured in one the deadliest attack by the terrorist group, who have laid siege to the Northeast for over a decade. Kallon said: “I am outraged and horrified by the gruesome attack against civilians carried out by non-state armed groups in villages near Borno State capital Maiduguri. “At least 110 ...
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