-
ATM Transactions Decline By N67bn In Q4’20
The value of Automated Teller Machine transactions, on a quarterly basis, dropped by N67 billion to N4.82 trillion in the fourth quarter of 2020. This is a decline from N5.49 trillion recorded in the previous quarter, Q3’20. However, the volume of transactions rose by 21 percent to 242.3 million in Q4’20 from 200.94 million in…
-
Nigeria Deploys 144 Police Officers To Somalia
144 Police Officers from Nigeria arrived in Somalia on Sunday, April 18, in an African Union security aid mission. According to a report by CGTN Africa, the AU mission said the arrival of the new contingent is a major boost to law and order efforts, as they will be working in concert with their Somali…
-
Oil Theft: Nigeria Losses 200,000 Barrels Of Oil Daily
The Nigerian National Petroleum Corporation disclosed that the country loses about 200,000 barrels of crude oil daily to thieves and vandals. The Group Managing Director NNPC , Mallam Mele Kyari made this disclosure during a meeting with the Chief of Defence Staff, Major General Lucky Irabor, commending the effort of security agencies for their support.…
-
Pfizer-BioNTech Claim Vaccines Are Effective Against UK COVID-19 Variant
A recently published research paper by Pfizer and partner BioNTech is claiming its coronavirus vaccine is likely to be highly effective against the UK COVID-19 variant. The variant also known as B.1.1.7, has caused alarm among experts because of its increased ability to spread and supercharge virus outbreaks. Pfizer research paper which has not been subjected to…
-
Border Closure: In 486 days, Food Prices Rose By 5.13%
Within the period of one year, three months and twenty-eight days of land border closures by the Nigerian government, a move made to control illegal smuggling activities within the border regions, the prices of food products have risen by 5.13 percent with an inflation rate of 14.89 percent November 2020. Findings from local traders, however,…
-
COVID-19: Pandemic Dropped School Attendance To 54%
The effect of the coronavirus pandemic, which has stalled economic growth in most global countries including Nigeria, has similarly affected the educational responsiveness of children attendance in schools. Months before the gradual reopening of schools in various states, concerns grew on the effect of the lockdown on the educational sector. This led to the adoption…