Home » Rate » Page 2

Rate

‘Coronavirus restriction’: Nigerian government quoted out of context – minister

The federal government on Tuesday denied media reports that it has “introduced or re-introduced’’ new restrictions on COVID-19. Information minister Lai Mohammed made the rebuttal at a meeting with online publishers in Lagos. Mohammed said there were no new restrictions, adding that the Presidential Steering Committee on COVID-19 only reiterated existing regulations to control spread of the disease. The Presidential Steering Committee on COVID-19 had on Monday announced the enforcement of a curfew across the country in a move it said was to forestall a possible new wave of the pandemic. “The nationwide curfew will be imposed tonight at midnight and it will run through till 4:00 a.m.,” the committee stated. But the minister, a member of the steering committee, said the committee’s national ...

Southern governors meet, urge President Buhari to address Nigerians

Worried by the rising rate of insecurity, Southern Governors, Tuesday, met in Asaba, the Delta State capital and called on President Muhammadu Buhari to address the nation on the spate of insecurity in the country. The Governors in the meeting which started at about 12 noon and ended about 4:20 pm, urged the Federal Government to convocated a national dialogue as a matter of urgency and insisted on the ban of open grazing across Southern Nigeria The Governors in the 12 point communique read by the Chairman of Southern Governors Forum, Governor Arakunrin Oluwarotimi Akeredolu of Ondo State, “affirmed that the peoples of Southern Nigeria remain committed to the unity of Nigeria on the basis of justice, fairness, equity and oneness and peaceful co-existence between and among its peoples with ...

Kebbi governor: Nigerians should seek divine intervention on insecurity

Governor Atiku Bagudu of Kebbi State, has urged Nigerians to seek divine intervention in quelling the insecurity challenge confronting the country. Bagudu said repentance played a major role to human beings “both here and hereafter,” hence Nigerians should return to God. The governor spoke during a Ramadan breakfast meeting hosting government functionaries, members of the judiciary, the legislature at the state’s government house in Birnin Kebbi. In a statement by his Chief Press Secretary, Abubakar Dakingari, the governor said: “I want to emphasise the need for collective and individual supplication towards eliminating problems that engulfed our dear nation. “I also want to affirm the commitment of the incumbent administration to uplift the condition of living of both urban and rural dwel...

Ex-President Obasanjo: Investment in agric will curb youth restiveness

Former president Olusegun Obasanjo, has advised the Federal Government to invest sufficiently in agriculture as a strategy to curb youth restiveness in the country. Obasanjo, who spoke yesterday in Abuja, at the flagged off of new tractors to boost farm mechanization in the country, said agriculture stands in good stead in boosting the country’s earnings. Represented by the Emir of Keffi, Alhaji Shehu Chindu Yamusa, he said: “investment in Agriculture is key to sustainable economic growth and development. Agriculture is the only way to engage the youth and make them productive.” He hailed the All Farmers Progressive Association for the laudable project of contributing significantly to alleviate the sufferings of Nigerians through sustainable modern agro technology. Meanwhile, President of ...

Women lament high cost of food items, consumables in Makurdi

Residents, particularly housewives in Makurdi, the Benue state capital, have lamented the increase in prices of food items. A survey conducted by NAN on Tuesday in Makurdi showed that prices of food items have been increasing on a daily basis. Many housewives interviewed by newsmen said that feeding their families has now become very difficult as the prices of essential food items have multiplied in the past few months. Mrs Rose Onazi, a housewife, said that the sharp rise in prices of various goods, especially food and household items, has made nonsense of the amount she receives as a monthly housekeeping allowance from her husband. Onazi said that many of the items she bought a week before had increased either by 50 per cent, 100 per cent or even more. She said that the development had s...

Naira stable at parallel, official market

Nigeria’s naira remained stable against the U.S. dollar at the unofficial market on Friday, data posted on abokiFX .com, a website that collates parallel market rates in Lagos showed. The data posted showed that the naira closed at N485.00 at the black market, the same rate it exchanged hands with the greenback in the previous session on Thursday. Similarly, the local unit remained stable at the official market. Data posted on the FMDQ Security Exchange window where forex is officially traded showed that the domestic unit again closed at N410.00 at the trading session of the NAFEX window on Friday. Friday’s performance came to be as forex supply slumped significantly. The naira experienced an intraday high of N394.00 and a low of N436.40 before closing at N410.00 on Friday, the same rate i...

Apple Music pays one penny per stream

Engadget Apple Music’s payment rate for artists and labels is fundamentally a penny per stream, according to a letter from the company posted on its artist dashboard and first reported by the Wall Street Journal. That payment rate is higher than Spotify, which has a confusing variable rate scheme that basically tops out at a half-penny per stream. Announcing a penny-per-stream rate is a nice PR win for Apple Music, since it is 1. very simple and 2. Spotify hates talking about its per-stream payments, which the company insists are a misleading figure. Seriously, it just launched an entire website called Loud&Clear last month designed to help artists and fans understand how payments work, and a good chunk of it is devoted to explaining why per-stream rates are not the right thing to focu...

YPP provides girls with sexual reproductive health information

Young people, especially girls and young women faced significant barriers in accessing sexual reproductive health information and services before the COVID-19 crisis. Now, due to the pandemic, there is a risk that young people accessing this life-saving information will move even further from their reach. To address this risk, a one-day Community Forum for adolescent girls and young women was organised by the United Nations Population Fund (UNFPA) Youth Participatory Platform (YPP) in collaboration with the Lagos State Ministry of Youth in Abesan Youth Center, Alimosho, Lagos. At the event, the CDC Secretary, Mosan Okunola LCDA, Mr. Olufemo Ojo, said “We must continue to provide young girls with information that empowers them to make informed decisions regarding their health and wellbeing....

Israeli study: South African coronavirus variant may evade protection from Pfizer vaccine

The coronavirus variant discovered in South Africa may evade the protection provided by Pfizer/BioNTech’s COVID-19 vaccine to some extent, a real-world data study in Israel found, though its prevalence in the country is very low and the research has not been peer reviewed. The study, released on Saturday, compared almost 400 people who had tested positive for COVID-19, 14 days or more after they received one or two doses of the vaccine, against the same number of unvaccinated patients with the disease. It matched age and gender, among other characteristics. The South African variant, B.1.351, was found to make up about 1% of all the COVID-19 cases across all the people studied, according to the study by Tel Aviv University and Israel’s largest healthcare provider, Clalit. But among patient...

Reports: Governments ‘gender blind’ to coronavirus’ ‘greater impact’ on women

Governments are putting women and girls at greater risk of the health and socio-economic impacts posed by the coronavirus pandemic, two global studies released Wednesday show. They called on leaders to prioritise gender equity in their response to the health crisis. Two studies, one from a global research partnership led by the Global Health 50/50 Project in London and another by the Center for Global Development (CGD) in Washington, were released Wednesday to coincide with World Health Day that highlight major failings by national governments to consider sex or gender in their COVID-19 policies. Since the start of the pandemic in March 2020, several studies have pointed to the disproportionate impact of the pandemic on women. Many women have shouldered a heftier burden taking on more unpa...

Djibouti president set to extend 22-year rule

Djibouti’s President Ismail Omar Guelleh is expected to extend his two-decade rule of the tiny Horn of Africa nation as the country heads to the polls Friday. Guelleh, 73, is facing political newcomer Zakaria Ismail Farah, his only rival after traditional opposition parties decided to boycott the election. A businessman specialised in the importation of cleaning products, Farah, 56, is seen by observers as unlikely to pose a significant challenge to the strongman who has been in power for 22 years. Djibouti is a largely desert country strategically situated on one of the world’s busiest trade routes and at the crossroads between Africa and the Arabian peninsula, a short distance from war-torn Yemen. Under Guelleh, the country has exploited this geographical advantage, investing heavily in ...

EFCC warn POS operators over illegal cash transaction

The Economic and Financial Crimes Commission, EFCC, recently warned operators of Mobile Money and Banks Agents otherwise known as POS operators over illegal cash transactions. The Commission’s Zonal Head in Sokoto CDS Bawa Usman Kaltungo on Thursday March 25, 2021 gave the warning at a meeting with the Sokoto Chapter of Mobile Money and Banks Agents Association, (MMBA) Sokoto State Chapter in his office. EFCC boss express concern at the high rate of mobile money fraud in the country, and called on the association to join hands in the fight against money laundering and electronic transaction fraud. But while reacting to this, the South West coordinator of Moniepoint, Israel Eniolorunda frowned at this development noting that nefarious activities of many of these POS operators in the country...