Economy/Business
Oyo Approves Issuance of N100 Billion Private Bond for Circular Road, Iseyin- Ogbomoso Road, Ibadan Airport Expansion
Bond to Take Care of Construction and Upgrade of Hospitals, Ibadan Dry Port and Rail Corridor Development – Commissioner The Oyo State Executive Council on Tuesday approved the issuance of a N100 billion private bond tagged “Oyo Prosperity Bond” to facilitate the execution of priority projects that will further drive economic development in the State. …
U.S. economy added 4.8 million jobs as stocks cut gains amidst Florida virus spike
U.S. payrolls grew by 4.8 million in June, the Labor Department said Thursday, New York Times reports. It was the second month of gains after a loss of more than 20 million in April, when the pandemic put a large swath of economic activity on ice. The unemployment rate fell to 11.1 percent, down from …
Nigeria Job Controversies: Minister, lawmakers clash over planned 774,000 new jobs
What started like a peaceful committee meeting between the Minister of State for Labour and Employment, Festus Keyamo, and the Joint Committee of the National Assembly on Employment and Labour on Tuesday ended in chaos as both parties began exchanging words. The meeting was aimed at discussing the progress of the planned employment of 774,000 Nigerians …
COVID-19: FG Makes Clarification For Another Lockdown From Next Month
“You want to hear the truth? If it were within my powers this is the time to lockdown..”
Makinde Signs N5bn Deal for Real Estate Projects for Post-COVID-19 Economic Recovery
Oyo State government has signed a memorandum of understanding (MoU) with four private investors in Nigeria, towards the development of real estate in the State through concessional agreement. The MoU signing which was done on Tuesday at Ibadan by the Director-General, Oyo State Investment and Public Private Partnership Agency, Hon Segun Ogunwuyi and four investors …
NATIONAL BROADCAST BY PRESIDENT MUHAMMADU BUHARI ON DEMOCRACY DAY, JUNE 12TH 2020
NATIONAL BROADCAST BY PRESIDENT MUHAMMADU BUHARI ON DEMOCRACY DAY, JUNE 12TH 2020 Fellow Nigerians, 1. The 2020 celebration of Democracy Day marks 21 years of uninterrupted civil administration in our dear country. This day provides us an opportunity to reflect on our journey as a nation, our achievements and struggles. 2. It is a day …
Diezani: Dominica Falls Victim To Fake News
In a woeful attempt to tarnish the reputation of the small-island nation of Dominica, images of a Dominican passport belonging to alleged fraudster, Brenda Smith, have been used exploitatively in an article by “the Inquirer” to report her recent grand jury charge. Smith, a national of the United States, was arrested in August 2019 and subsequently charged …
African Development Bank loans Nigeria almost $300m
The African Development BankAfDB had approved the sum of $288.5 million (£227m) for Nigeria on Friday to help the nation tackle the COVID-19 pandemic and mitigate its impact on people, businesses and strengthen the social protection system. The finance minister warned last month that Nigeria’s economy – Africa’s largest – could shrink by up to …
Makinde Sets to Roll Out First Batch of Digitized C of O’s
Oyo State Governor, Engineer Seyi Makinde will on Monday June 1st 2020 distribute the first set of digitized Certificate of Occupancy to successful applicants under the Oyo State Home Owners Charter (OYHOC) scheme. This land title document Made Easy Initiative is in line with the Engineer Seyi Makinde led administration’s promise to speed up the …
OSDAG Scores Makinde Big Lists Achievements In One Year
May 29: Seyi Makinde scores big at one year celebration
Nigeria’s economy expands 1.87pc in the first quarter amid global crisis
Nigeria’s economy grew 1.87 percent in the first three months of 2020 from a year earlier, the statistics office said on Monday, shrinking from the previous quarter as oil prices and international trade fell due to the coronavirus pandemic. Paypal KBJOJO via https://paypal.me/kbjojonewsbox?country.x=GB&locale.x=en_GB CurrencyRate Source: https://currencyrate.today/converter-widget It is the slowest quarterly growth …
We Paid N350M Counterpart Fund For World Bank Project On Rural Access Road -Makinde
…project to provide 1,600 km of rural roads—Coordinator …we promptly paid N350m fund to aid project—Makinde Oyo State Governor, Engr Seyi Makinde, on Wednesday revealed that his administration paid the sum of N350 million counterpart fund for Development Partners-backed Rural Access and Agricultural Marketing Project (RAAMP) to ensure accelerated development of the rural communities …
Construction of Four New Bus Terminals In Ibadan: Group lauds Makinde for opening economic frontiers in Oyo State
The Oyo State Executive Council, on Tuesday, approved the award of the contract for the construction of four Ultra-modern Bus Terminals to be located in Iwo Road, Challenge, New Ife Road and Ojoo A statement by the Chief Press Secretary to Governor Seyi Makinde, Mr. Taiwo Adisa, quoted the State Commissioner for Eorks, Prof. Afonja …
Testing stopped, Notting Hill Carnival cancelled. Follow updates regarding the Covid-19 pandemic in the UK and around the world
There have been 30,615 deaths across all settings in the UK of people who tested positive for coronavirus. Foreign Secretary Dominic Raab announced the 539 daily increase as he gave the Downing Street press briefing. Boris Johnson was today chairing a cabinet meeting to review lockdown measures in the UK. Scotland’s First Minister Nicola Sturgeon has said the lockdown needs …
Black People Four Times More Likely To Die From Coronavirus Than White People in England
The data cover England and Wales and were released on Thursday.