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Coronavirus: CBN announces N1.1tn intervention fund to support economy

The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors of the economy. The CBN Governor, Mr Godwin Emefiele said this in a statement made available to journalists. The governor in the statement said the out of the N1.1tn, about N1tn would be used to support the local manufacturing

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NAMA Commissions CAT 3 ILS AT MMIA, Calibration of Navigational Aids in Progress

The Nigerian Airspace Management Agency (NAMA) has commissioned its newly installed Category 3 Instrument Landing System (ILS) at Runway 18 Right, Murtala Muhammed International Airport, Lagos as well as Runway 22 at the Nnamdi Azikiwe International Airport, Abuja. In the same vein, a flight commissioning of the newly installed DVOR (Doppler

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We are fully determined to defeat Terrorism- Buhari

Anietie Udobit,Abuja President Muhammadu Buhari  has said that his administration is fully determined to combat and defeat all acts of criminality, banditry and terrorism in the country. PMB who said this on Tuesday February 11, in Addis Ababa, Ethiopia, at a meeting with the Executive Committee members of the Nigerian Community in

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German leader Angela Merkel’s designated successor quits

German Chancellor Angela Merkel’s designated successor has unexpectedly thrown in the towel, plunging her conservative party into deeper crisis as it struggles to agree on its future political direction after losing votes to the far right. Annegret Kramp-Karrenbauer told leading members of the Christian Democratic Union that she will not be seeking the chancellorship in next

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Lagos-Ibadan Railway: CCECC Restates commitment To Speedy Delivery

The China Civil Engineering and Construction Corporation (CCECC) handling the Lagos-Ibadan Standard Guage Rail line on Saturday said that it would deliver the project on schedule despite all challenges. Project Coordinator, Mr Xia Lijun, gave the assurance when he led some journalists on the Trial Running of the Lagos-Ibadan Standard Guage

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