Nigeria news today headlines : Friday 29th May 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Again, Buhari Seeks NASS Nod For $5.513bn Loan
SAMUEL OGIDAN;AHMED MUSA ABUJA – President Muhammadu Buhari on Thursday sought the approval of the House of Representatives to obtain external loan facilities to the tune of $5.513 billion to finance the 2020 budget. capital aspects of the revised This was as it urged the House to speedily pass the 2020-2022 Medium Term Expenditure Framework …
AfDB: U.S. Wants To Frustrate Adesina’s Re-Election — OBJ
TEMIDAYO AKINSUYI; SULAIMAN FASASI LAGOS /ABEOKUTA – Following the call by the United States’ Treasury Secretary for an independent investigation of allegations against Dr. Akinwunmi Adesina, President of the African Development Bank (AfDB), former president, Olusegun Obasanjo, has accused the United States government of an attempt to hijack the governance of the bank and frustrate …
Governors To Meet PTF On Reopening Of Economy
The Nigeria Governors’ Forum (NGF) on Thursday said it will interface with the Presidential Task Force on COVID-19 to fine-tune plans of reopening the nation’s economy. This is as it endorsed the development of a three-month plan to this effect. Governor Kayode Fayemi, the NGF Chairman, in a communiqué made available to newsmen in Abuja, …
FG Embarks On Major Reorganisation Of Police Force
ABUJA – The Federal Government has approved the reorganisation of the Nigeria Police Force as part of efforts at addressing threats posed by the dynamics of crimes in the country and the full implementation of the Federal Government community policing initiative. The reorganisation includes full autonomy of the Force Intelligence Bureau (FIB), creation of five …
FG Notorious For Making False Promises, Claims – Onovo
Chief Martin Onovo, the 2015 presidential candidate of the National Conscience Party (NCP), is currently the Head, Policy Positions, Movement for Fundamental Change (MFC). He spoke to EJIKEME OMENAZU on the prosecution of the COVID-19 pandemic war in the country so far. Excerpt: What is your view on the way state governments have been prosecuting …
SEC Cancels 84 Inactive Market Operators
ABUJA – No fewer than 84 inactive operators have been cancelled following a cleaning up exercise of the records of registered market operators, embarked upon by the Security and Exchange Commission, SEC, Ms Mary Uduk, Acting Director-General, has disclosed. Uduk also said 94 others were given a pre-notice of cancellation of their registration during the …
Oil Prices Drop As U.S. Stock Build Douses Demand Recovery Hopes
Oil prices slid for a second consecutive session yesterday as the U.S. industry data showed a steep and surprising build-up in crude stockpiles, dampening hopes of a smooth demand recovery as the world begins to ease its way out of Coronavirus lockdowns. The decline extended losses from Wednesday on uncertainty about Russia’s commitment to deep …
Develop Homegrown Solutions, Prioritise SMEs Devt To Rebuild Africa, Experts Say At UBA Conversations
African thought leaders and great minds have noted that the development of homegrown solutions and adequate investment in human capacity building and agricultural expansion are key steps that will help to rebuild Africa and put the continent on a stronger footing post COVID-19. The speakers collectively gave this submission during the second panel session of …
Spanish Media Put Bale’s Love For Golf In Jeopardy
Gareth Bale, Wales and Real Madrid forward has said that he is still confused that his love for golf causes such criticism. The 30-year-old’s enjoyment of golf has caused a stir during his time in Spain, with some perceiving it as a lack of commitment to Los Blancos. Despite winning four Champions League titles with …
Poland Cuts Interest Rates To Almost Zero
Poland unexpectedly cut interest rates to almost zero on Thursday to support an economy struggling with the impact of the coronavirus pandemic. The move will help consumers and businesses but sent banking stocks sharply lower as lenders have already taken a hit from low borrowing costs and now face further pressure. The Polish central bank …
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