| Wednesday, April 1, 2020 |
Lagos, Ogun, FCT may lose N1.6tn to lockdown – Investigation
At least N1.62tn is expected to be lost in terms of monetary output by businesses and firms as a result of the two-week restriction of movement imposed on Lagos, Ogun and the Federal Capital Territory by the Federal Government….read more.
FG reduces petrol price to N123.5 per litre The Federal Government on Tuesday night reduced the price of petrol from N125/litre to N123.5/litre. The current petrol price indicates a reduction of N1.5 on every litre of petrol purchased nationwide….read more.
LIRS extends deadline for filing annual tax return
The Lagos State Internal Revenue Service has said in view of the coronavirus pandemic, it has extended the deadline for filing of annual returns for individual taxpayers including self-employed persons for two months, from April 1 to May 31, 2020…..read more.
DPR enforces petrol sale at filling stations
In a related development, the DPR on Tuesday began the enforcement of sales and distribution of petroleum products at filling stations, particularly in states where the Federal Government declared a two-week lockdown…..read more.
Terminal operators seek relocation of Apapa tank farms
In the wake of the recent explosion in Abule Ado area of Lagos, the Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, has urged the Federal Government to relocate the petroleum depots, otherwise called tank farms, from Apapa…..read more.
Three banks commit over N500b to stem impact of Covid-19 pandemic
Three commercial banks have committed over N500 billion as part of efforts to push fight against the COVID pandemic in Nigeria. The banks; Eco bank, Standard Chartered and First Bank also expressed their readiness to support the government’s efforts towards ensuring that the impact of business shut down is minimal on the citizens…..read more.
Experts berate FG over stifling effect of policies on banking operations
Experts in the financial industry have bemoaned the stifling effect of Federal Government’s (FG) policies on commercial banks, insisting that these strategies are already taking a toll on banking operations….read more.
CSCS to Sustain Remote Service Delivery to Capital Market Community
The Chief Executive Officer of the Central Securities Clearing System (CSCS) Plc, Mr. Haruna Jalo-Waziri yesterday said the company remained committed to continue to serve its community and markets, leveraging its digital channels and systems during the 14-day lockdown period in Lagos, Ogun States and Abuja…..read more.
Mile 12 Market Commences Mobile Food Services
In view of the lockdown in Lagos State which was intended to help stop the spread of the COVID-19, the authorities of the Mile 12 international market have commenced offering mobile food delivery market….read more.
NIA Offers Life Insurance Cover to Health Personnel
The Nigerian Insurers Association(NIA) has volunteered to procure testing kits and protective materials for medical personnel in fighting against spread of the COVID-19 in Nigeria….read more.