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IMF Begins Allocation Of $650bn SDR To Member States

August 24, 2021

THE International Monetary Fund (IMF) has commenced the allocation of its $650bn Special Drawing Rights to member countries. The Managing Director of IMF, Ms Kristalina Georgieva, said it was the largest allocation of SDR in history. “The allocation is a significant shot

News·Top Stories

Bandits Attack NDA, Kill Two Officers, Abduct One

August 24, 2021

THE Nigerian Defence Academy, Kaduna was reportedly attacked on Tuesday by bandits who killed two officers and abducted one. The bandits were said to have invaded the permanent site of Nigeria’s foremost military university located along Airport Road, Afaka, in Igabi Local

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Osinbajo Yet To Declare Interest In 2023 Presidential Race – Aide

August 24, 2021

THE Vice President, Prof. Yemi Osinbajo, has distanced himself from activities by various groups insinuating that he has joined the 2023 presidential race. According to Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, Osinbajo has not declared

AMA News

Pandemic drives surge in use of digital health solutions across Africa

August 24, 2021

New study shows huge opportunity in digital health with 41% of internet users in Africa regularly using their mobile phones to search for health information. JOHANNESBURG, South Africa,, August 24, 2021 -/African Media Agency(AMA)/- There has been an exponential rise in the number

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NAFDAC Shuts 38 Sachets Water Production Outlets In Sokoto

August 24, 2021

THE National Agency for Food and Drug Administration and Control (NAFDAC) has shut down 38 sachet water production outlets in Sokoto State for contravening various production laws. NAFDAC State Coordinator in Sokoto, Malam Garba Adamu, who disclosed this said that no fewer

LASG Pays N2bn Insurance Premium To Workers In One Year

August 24, 2021

THE Lagos State Government says it has paid N2bn insurance premium to its employees in the last one year. Lagos state Commissioner for Finance, Dr.Rabiu Olowo, disclosed this at a news conference during the maiden edition of Lagos State Insurance Week. He

Currency·Finance & Economy·Top Stories

Dogecoin Holders Increase From 9% To 25% In Six Months

August 24, 2021

A blockchain data platform, Chainalysis has said dogecoin, one of the major cryptocurrencies, is now being adopted by new investors at levels not seen since 2017. In a market intelligence report on dogecoin, the platform stated that 82% of DOGE in circulation

FAAN Bans Taxi From Abuja Airport, Recommends Uber, Others

News·Transport

FAAN Begins Installation Of Screening Equipment At Lagos, Abuja Airports

August 24, 2021

THE Federal Airports Authority of Nigeria has acquired and commenced the installation of screening equipment at the Murtala Muhammed International Airport, Lagos and Nnamdi Azikiwe International Airport, Abuja The agency said the new equipment would provide safety, security and comfort. The General

Finance & Economy·Top Stories

Nigeria’s Economy To Grow By 2.6% In Second Quarter

August 24, 2021

FINANCIAL Derivatives Company (FDC) has predicted that Nigeria’s economy will grow by 2.6% in the second quarter of this year, up from 0.51% in the first quarter. Analysts at FDC, headed by economic expert, Mr Bismarck Rewane, hinted that the expansion of

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Latest

IMF Begins Allocation Of $650bn SDR To Member States

Bandits Attack NDA, Kill Two Officers, Abduct One

Osinbajo Yet To Declare Interest In 2023 Presidential Race – Aide

Pandemic drives surge in use of digital health solutions across Africa

NAFDAC Shuts 38 Sachets Water Production Outlets In Sokoto

LASG Pays N2bn Insurance Premium To Workers In One Year

Dogecoin Holders Increase From 9% To 25% In Six Months

FAAN Begins Installation Of Screening Equipment At Lagos, Abuja Airports

Nigeria’s Economy To Grow By 2.6% In Second Quarter

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