Nigeria news today headlines : Wednesday 5th August 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Schools Reopen In Lagos, Abuja, Bauchi, Others
OYENIRAN APATA, J IDE OYEKUNLE, SULAIMAN FASASI , FELIX IGBEKOYI , SUZAN EDEH After 140 days of closure of schools announced by the Federal Government following the outbreak of the deadly coronavirus disease, schools across the country reopened as directed by the Federal Ministry of Education (FMoE). It would be recalled that the Minister of …
Starbucks Energises Doubleshot Range With New Variants
Starbucks has added two Intenso variants to its Doubleshot range, in a move designed to “help retailers tap not occasions underpinned by intense energy needs”. Doubleshot Intenso Black and Doubleshot Intenso Dark with a splash of milk both retail at £1.99 and are available in 200ml packs. The brand said the drinks are made with …
MDAs, Keystone Bank, NICON Hotel, Arik Top List Of Tax Defaulters
LAGOS – Notable business entities in the country have been accused of deliberately refusing to remit taxes totaling N26.014 billion to the Federal Inland Revenue Service (FIRS) from 2015 till date. The affected entities are Keystone Bank, Arik Airlines Limited, Niger Delta PHCN, Arab Construction, Nigerian Security Printing and Minting, Daar Communication, NICON Luxury Hotel, …
Bitcoin Dominance Drops To 60.4% As Altcoins Surge
Bitcoin looks set to linger around $11,000 before seeing further upside movement Despite testing price levels near a major resistance area of $11,500, Bitcoin has seen its overall market dominance fall in the past 48 hours. Total market cap stands at around $345 billion, with Bitcoin’s $208.9 billion accounting for 60.4% of total cryptocurrency capitalisation. …
UBA Facilitates $1.5bn Financing For NNPC, NPDC To Boost Oil Production
The United Bank for Africa Plc (UBA) has acted as the lead arranger of a consortium of Nigerian commercial and international banks in a $1.5 billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, the Nigerian Petroleum Development Company (NPDC). UBA is providing $200 million (naira equivalent) to support …
Despite Opposition, FG Unveils Reviewed Broadcasting Code
ABUJA – The Minister of Information and Culture, Alhaji Lai Mohammed, has unveiled the reviewed Nigeria Broadcasting Code which contains the antitrust provision aimed at boosting local content and encouraging the growth of the local industry, among other provisions, despite industry’s opposition. In his remarks at the unveiling ceremony organised by the National Broadcasting Commission …
Le Vian Launches Geo-Fencing Tech
The brand will allocate over 100,000 digital impressions to each participating independent store upon the purchase of pieces from its exclusive Jubilee range.
Zoning Advocates Are Pursuing Selfish Interests — Olu Falae
LAGOS – Chief Olu Falae, a former national chairman of the Social Democratic Party (SDP) and one-time Secretary to the Government of the Federation (SGF), on Tuesday came down hard on proponents of zoning for the 2023 presidential election, saying their ambition is driven by pecuniary and selfish gains. Speaking with Daily Independent, the former …
Alleged Defamatory Publication Against Ninalowo: LASU To Take Legal Action Against Online Frontliner
The Lagos State University (LASU) resolved to take legal action against the publishers of a frontline online platform, for allegedly maligning the varsity’s name and that of the newly reappointed Chairman of the institution’s governing council, Prof. Adebayo Ninalowo in a reported accusation of corruption bordering on diversion of funds. In a press release signed …
Buhari Moves To Restructure Nation’s Security Architecture
ABUJA – Indications emerged on Tuesday that President Muhammadu Buhari may have finally taken a decision to restructure the country’s security apparatus, going by unending security challenges bedeviling the country. This is as Buhari once again blasted the service chiefs over the worrisome insecurity in Nigeria. National Security Adviser, Babagana Monguno, gave a clue to …
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