Nigeria news today headlines : Thursday 2nd July 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Dissolution Of APC NWC A Welcome Development – Ogunlewe
Senator Adeseye Ogunlewe, a former Minister of Transport is a chieftain of the All Progressives Congress (APC). In this interview with JOY ANIGBOGU, he speaks on latest developments in the APC and other national issues. Excerpts: Southern leaders took the federal government to court on allegations of marginalisation. Do you think that move would yield …
Zenith Bank Ranked Number One Bank In Nigeria By Tier-1 Capital
Zenith Bank Plc has again emerged as the Number One Bank in Nigeria by Tier-1 Capital in the 2020 Top 1000 World Banks Ranking published by the Banker Magazine. Climbing a whopping 29 spots from 415 in 2019 to 386 in the 2020 global ranking of banks, Zenith Bank retained its position as the number …
May Passenger Demand Slumps 91.3% Over COVID-19 – IATA
LAGOS – The International Air Transport Association (IATA), has released a report that passenger demand in May (measured in revenue passenger kilometers or RPKs), dropped 91.3 per cent compared to the same period in 2019. The 91.3 percentage was however, a mild uptick from the 94 per cent annual decline recorded in April 2020. IATA …
FIRS Attains 1,000% Increase In Stamp Duty
ABUJA – The Federal Inland Revenue Service (FIRS), has recorded an exponential growth of 1,000 per cent in revenue accruing from Stamp Duty collection in the first five months of 2020. Consequently, the FIRS has remitted N66 billion into the Federation Account through the Stamp Duty instrument from January, 2020 to May, 2020. This sterling …
SEC Nigeria Disclaims iBSmartify Nigeria
LAGOS – The Securities and Exchange Commission (SEC), has disclaimed the activities of iBSmartify Nigeria as the entity nor the illegal products they offer are registered or regulated by the Commission. According to the SEC, “The attention of the Commission has been drawn to the activities of iBSmartify Nigeria the promoters of a Blockchain known as …
Somalia Marks 60th Independence Anniversary
Somalia on Wednesday marked its 60th independence anniversary as its president called on the people to seize the moment to realize the dreams and aspirations of its founding fathers. ”Our Somalia of the 60s is now turned 60. We have sailed the stormy waters and now, we must stamp out our challenges and spread our …
Genome Medical Raises $14M In Funding
Genome Medical, a South San Francisco, CA-based telegenomics technology and services company democratizing access to genomic-based medicine, raised $14m in Series B extension funding. This round, which brought the total capital raised since 2016 to $60m, was led by Samsung Catalyst Fund, with participation from Chairman and Co-founder Randy Scott, Canaan Partners, Illumina Ventures, Echo …
UK Industry Loses Out In European Satellite Bids
Contracts have been approved to lead the development of six new satellite systems, including one to track carbon dioxide (CO2) in the atmosphere. British companies had hoped to play a significant role in the enlargement but that idea has been knocked back. A European Space Agency industrial policy committee has given all the prime contracts …
Germany Takes EU Presidency At Crucial Juncture
Germany, the European Union’s biggest economic power, has taken over the rotating presidency of the Council of the European Union on Wednesday as the 27-members bloc have to contend massive challenges it may ever encounter. The presidency rotates among the EU member states every six months. During this period, Germany will lead the work and …
U.S Creates Force To Protect Monuments Amid Anti-Racism Protests
The U.S. Department of Homeland Security announce a special new task force Wednesday to protect historic monuments across the country, some of which have come under attack for glorifying the country’s racist past. Acting Homeland Security Secretary Chad Wolf said in a statement that he was positioning “rapid deployment teams” around the country to protect …
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