Breaking News in Nigeria Today Monday 8th June 2020
Here are some of the Breaking News in Nigeria Today Monday 8th June 2020 on some of the nation newspapers .
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Recapitalisation: Embracing reality with new deadline
Last week’s alteration of insurance industry recapitalisation deadline has, again, offered relief to operators and has also provided more space to restrategise. Sunday Ojeme writes A s widely expected by industry operators, stakeholders and observers, the insurance industry regulator, National Insurance Commission (NAICOM), last week, altered the deadline for the ongoing insurance sector recapitalisation. Prior to its circular, analysts had seen the need to effect a shift in the deadline, which was to end by December this year. Although the extension does not represent a complete departure…
Lady sucks baby’s manhood, declared wanted
P olice have declared wanted, a lady seen in a video sucking a baby’s penis. The information was released on the police twitter handle, Police Complaint@PoliceNG_CRU. Police said anyone with useful information concerning the lady on how to find her, should immediately alert the nearest police station. In the 29-minute video, the lady bends over a naked baby boy lying supine and repeatedly sucks his penis. It is yet not known whether she’s the mother of the baby. This came on the heels of the arrest…
FIDA pushes death sentence for rapists
T he International Federation of Women Lawyers (FIDA), Plateau chapter, has advocated death sentence as a stringent punishment for rapists in the country. Chairperson of the chapter, Mrs. Mary Izam, disclosed this to News Agency of Nigeria (NAN) in Jos at the weekend. Izam said there was the need for death sentence to be meted out to all rapists in Nigeria in view of upsurge in the crime with a view to serving as a deterrent. She said that if death sentence was enacted as punishment for rapists,…
JAMB directs candidates to print result notification slips
T he Joint Admissions and Matriculation Board (JAMB) has said candidates who sat for the just-concluded 2020 Unified Tertiary Matriculation Examination (UTME), could go ahead print their result notification slips. The Board had restricted the printing of result notification slips and only made results available to candidates only through SMS to avoid anxiety on the part candidates as well as to prevent clustering at cybercafes with the attendant risk of COVID-19 contagion, all in a bid to print result notifications. In its weekly bulletin made available to newsmen…
NSE partners global exchanges to discuss capital markets in pandemic
T he Nigerian Stock Exchange (NSE) is set to host a special webinar on the impact of COVID-19 on the global capital market and the resilience of securities exchanges in supporting economies on June 10, 2020. The webinar themed, “Capital Markets in a Pandemic,” will feature a panel session to be headlined by the Chief Executive Officer (CEO) of NSE, Oscar Onyema; CEO, Luxembourg Stock Exchange (LuxSE), Robert Scharfe; CEO, London Stock Exchange (LSE), Nikhil Rathi; and CEO, World Federation of Exchanges (WFE), Nandini Sukumar, and moderated by…
Stanbic IBTC’s PMI report shows marginal decline in employment
S tanbic IBTC Holdings PLC’s Nigeria May Purchasing Managers’ Index (PMI) report has revealed that employment in Nigeria decreased marginally as about 98% of companies kept their workforce numbers. The report also showed that new orders, output, employment level, suppliers’ delivery, and stock purchases rose to 40.7 index points in May 2020, a 3.6 increase from 37.1 index points recorded in April 2020. The Nigeria PMI survey report is a collection of economic indicators obtained from monthly surveys of Nigeria private sector companies. The sectors covered…
Arbitration: Appeal Court sets aside $2.7m award against Indorama
T he Court of Appeal, Abuja Division has set aside the award of $2.7million against Indorama Eleme Petrolchemicals by an Arbitration panel. Indorama Eleme Petrochemicals Limited (IPL) is the largest producer of olefins and polyolefin plastics in West Africa. Furthermore, it is the only producer of polyolefins in Nigeria and plays a vital role in sustaining the domestic downstream plastics industry. The decision of the appellate court was contained in a judgment on an appeal filed by the company and argued by its counsel, Chief Solo Akuma…
FCTA commends churches over adherence to Covid-19 Protocol
A s churches resumed worship in Abuja after about three months of lockdown, following the outbreak of COVID-19, the Federal Capital Territory Administration FCTA has commended churches for complying with the guidelines and other health protocols. Chairman, FCT Ministerial Task-team on the Enforcement of COVID-19 Restrictions, Mr Ikharo Attah, who led his team to monitor churches within the territory, said the leadership the Christian Association of Nigeria (CAN ) had done well in getting their members to adhere to the guidelines issued by government. Attah noted that his…
New study raises hope to ending malaria
A Swiss researcher and his team at the International Centre of Insect Physiology and Ecology (ICIPE) in Kenya, have discovered a microbe that naturally occurs in about five per cent of a mosquito species that is common in East Africa. This single-cell fungus, called Microsporidia MB, keeps the mosquitoes from carrying malaria parasites. Speaking about the development via video call from his home in Nairobi, Herren, 35, said, “What we have found is very promising. “Once we figure out how to disperse Microsporidia MB over a large area, this…
Presidency: Appeal Court boss, Dongbam-Mensem, undergoing security scrutiny
T he Presidency has said that President Muhammadu Buhari has yet to officially approve the nomination of Her Lordship Justice M.S. Donghan-Mensem as the substantive President of the Court of Appeal because she is currently undergoing security scrutiny. In a statement made available to newsmen yesterday by the Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Malam Garba Shehu, the Presidency said the President was being cautious to avoid approving the nomination of someone with shady qualifications. He said Buhari wanted the security screening done…
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