Pope Francis tested for coronavirus after falling ill
Pope Francis has been tested for coronavirus after he fell ill and was forced to cancel a religious retreat near Rome. The pontiff had been due to go to a Lent retreat, but he did not go – the first time he has not attended the event during his papacy – because he was suffering […]
Scientists say no evidence Dettol can kill Wuhan coronavirus, as bogus conspiracy theories spread
Scientists warn there is no evidence Dettol can kill the deadly Wuhan coronavirus rapidly sweeping the world after bogus rumours about the disinfectant spray have been spread online. Eagle-eyed social media spotted a label on the back of a bottle, which shows the product claiming to have been proven to ‘kill coronavirus’. It has been […]
BUA, Flour Mills commit to enhancing food security in Nigeria, West Africa
The Executive Chairman, BUA Group, Abdu Samad Rabiu, enthused that Flour Mills and BUA group are committed to enhancing food security in Nigeria and indeed, Africa. Receiving the Chairman of Flour Mills of Nigeria, John Coumantaros, during a courtesy call at the BUA headquarters in Lagos, Rabiu said: “I am pleased to receive Chairman Coumantaros […]
Petrol subsidy cost drops 22.5%
The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, paid N43.09 billion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in the month of January 2020, according to data obtained from the Petroleum Products Pricing Regulatory Agency, PPPRA.
The amount represented a decline of 22.47 percent when compared with the N55.58 billion paid in December 2019.
IFRS 17: Insurers should develop business plan — NAICOM
The National Insurance Commission, NAICOM, has charged insurance companies to develop business plan in preparation for transition to IFRS 17 before the implementation date of January 2022.
IFC partners Coronation Merchant Bank to boost trade finance in Nigeria
IFC, a member of the World Bank Group, today announced a $40 million Trade Finance Guarantee facility to Coronation Merchant Bank under its Global Trade Finance Program. This will enable Coronation Merchant Bank to establish and expand correspondent banking partnerships with several international banks in IFC’s Trade Finance program, broadening access to finance in Nigeria. […]
