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Nigerian government seeks new Eurobond

The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...

Joe Biden urges Americans to be safe during holiday, fight coronavirus pandemic

U.S. President-elect Joe Biden on Wednesday pleaded with Americans to take steps to remain safe as COVID-19 cases surge on the eve of the Thanksgiving holiday and pledged again to make combating the pandemic a top priority when he takes office in January. “I believe you always deserve to hear the truth from your president. We have to slow the growth of this virus. We owe it to the doctors and the nurses and the frontline workers … We owe it to our fellow citizens,” Biden said. He urged people to forgo big family gatherings, wear protective masks and maintain social distancing. “I know we can and we will beat this virus,” Biden added, acknowledging that Americans are feeling pandemic fatigue. “Life is going to return to normal. I promise you. This will happen. This will not last forever.” T...

Coronavirus vaccine breakthrough raises hopes of rapid global rollout

A coronavirus vaccine developed by Britain’s University of Oxford and the pharmaceutical firm AstraZeneca has shown successful results in early trials. If it is approved by regulators, the vaccine appears suitable for a fast rollout around the globe. Early analysis of trials involving 20,000 volunteers in Britain and Brazil show the vaccine is at least 62% effective after two doses. In volunteers given a different dosing regimen — a half dose, followed by a full dose — that figure rose to 90%. The average efficacy of the two dosing methods is 70%. None of those given the vaccine developed severe COVID-19 illness. Andrew Pollard, director of the Oxford Vaccine Group, said the recent successful trials of three different vaccines by Oxford-AstraZeneca, Pfizer-BioNTech and Moderna, represent a...

Boko Haram: Six Nigerian soldiers killed in Borno ambush

An ambush on Nigerian troops by Boko Haram elements has left six soldiers dead, 26 injured and many others still missing, according to a report. The post Boko Haram: Six Nigerian soldiers killed in Borno ambush 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.

US mulls Houthi ‘terror’ label as groups say civilians to suffer

United States lawmakers, international aid groups and rights advocates are warning the outgoing Trump administration against reported plans to label Yemen’s Houthi rebel group a “foreign terrorist organisation”, saying it would worsen the world’s worst humanitarian crisis. The post US mulls Houthi ‘terror’ label as groups say civilians to suffer 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.

Nigerian government orders parked trucks, trailers on Lagos-Ibadan Expressway to vacate

The Federal Government has ordered trucks and trailers parking on the Lagos-Ibadan Expressway to vacate with immediate effect. The post Nigerian government orders parked trucks, trailers on Lagos-Ibadan Expressway to vacate 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.

NLC rejects hike in petrol pump price

Nigeria Labour Congress, NLC, Monday, rejected the fresh hike in the pump price of Premium Motor Spirit, PMS, commonly known as petrol, which took effect last Friday, demanding for immediate reversal. The post NLC rejects hike in petrol pump price 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.

#EndSARS: VON chief proffers solution to youth restiveness

The Director-General of Voice of Nigeria (VON), Mr. Osita Okechukwu, has advocated for the construction of rural middle class, as the panacea to absorb EndSARS members and unemployed youths. The post #EndSARS: VON chief proffers solution to youth restiveness 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.

Nigeria ratifies membership of AfCFTA

The Federal Executive Council, FEC, on Wednesday ratified Nigeria’s membership of the Africa Continental Free Trade Area, AfCFTA, as the implementation of the agreement formally takes-off on January 1, 2021. This is as the Council has approved N62.7 billion for the construction of Kano-Dawakin-Tofa-Gwarzo-Dariyo road in Kano. Briefing State House correspondents at the end of the 23rd virtual FEC meeting presided over by President Muhammadu Buhari at the Council Chamber, Presidential Villa, Abuja, the Minister of Information and Culture, Alhaji Lai Mohammed, said whereas the implementation of the agreement was initially scheduled to commence in July, this year, the plan was stalled by the spread of COVID-19. Alhaji Mohammed, who briefed on behalf of the Minister of Industry, Trade and Inves...

#EndSARS: HURIWA charges President Buhari to set up assets recovery panel

Foremost rights advocacy group, the Human Rights Writers Association of Nigeria, HURIWA, has condemned what it called the silence of President Muhammadu Buhari over protests against operatives of the Special Anti-Robbery Squad, SARS, a unit of the Nigeria Police Force, in the past two weeks. The group in a statement issued by its national coordinator, Emmanuel Onwubiko, on Thursday, claimed that “certain ethno-religious extremists have been paid by some government officials to stoke the embers of ethno–religious division to graphically paint the #EndSARS movements with ethnic and religious colourations.” The statement noted that youths of the country are angry “because the elders who have had access to public offices and those wielding political powers have continuously feasted on the comm...

Court ruling paves the way for Facebook to settle its facial recognition lawsuit

Facebook won preliminary approval late on Wednesday from a federal court for settlement of a lawsuit that claimed it illegally collected and stored biometric data of millions of users without their consent. The social media company had in July raised its settlement offer by $100 million to $650 million in relation to the lawsuit, in which Illinois users accused it of violating the U.S. state’s Biometric Information Privacy Act. The revised settlement agreement resolved the court’s concerns, leading to the preliminary approval of the class action settlement, Judge James Donato wrote in an order filed in the U.S. District Court for the Northern District of California. “Preliminary approval of the amended stipulation of class action settlement, Dkt. No. 468, is granted, and a final approval h...

Nigerians dying quietly from toxic preservatives in foods – scientists

Food processors and sellers across Nigeria are using toxic chemicals to improve the look of many food items, including cassava flour, beans and fish, scientists have said. The experts explained that with the practice, millions of people are subjected to the risk of experiencing kidney problems and cancer. They claim that weak government testing capacities and informal food supply chains leave traders and fishermen with little oversight and offer almost no protection to unwary consumers. Deputy Vice Chancellor (Research, Innovation and Strategic Partnerships), University of Ibadan, Professor Adenike Adeyemo, stated that many of the toxic chemicals are added as preservatives but are not safe for human consumption. Adeyemo, a professor of Aquatic Epidemiology and Toxicology, declared that the...