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As the COVID-19 (novel coronavirus pandemic) takes an intense twist, with its prevalent negative effect on individuals, households, businesses and health systems, leading financial services provider, First City Monument Bank (FCMB), is stepping up the tempo of its interventions through various humanitarian gestures. As a caring and responsive Bank, FCMB has ensured the stability of its robust digital channels thereby enabling ...
Business
April, 2020
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30 April
Breaking: Video vixen, Picture Kodak, allegedly dies in Clarence Peters’ house
A video vixen, Love Divine, well known through her videos and social media handle on Instagram as Picture Kodak, has allegedly died in the house cum studio of music and video producer, Clarence Peters. According to available informationto YOU NEWS, Picture Kodak reportedly died in the house of the video producer, who is also the son of ace musician, Shina ...
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30 April
COVID-19: Google Makes Its Video Meeting Service Free To All
Google on Tuesday made its business videoconferencing service free to all users, ramping up competition for Zoom as people flock online to stay connected during the pandemic. Google Meet had previously been reserved for subscribers to the premium G Suite software tools for businesses. Meet will be available “to all users around the world, to enable people all walks of ...
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29 April
Gathering Restriction is 20 persons – PTF on Covid 19
The Presidential Task Force on COVID-19 has given a breakdown of how the easing of the lockdown in Lagos, Ogun State and the Federal Capital Territory (FCT) will be implemented. President Muhammadu Buhari had on Monday April 27, approved that as from May 4, the lockdown could be eased in phases to allow the recommencement of socio-economic activities, as with ...
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29 April
10 important things to note, as Face mask becomes compulsory
The whole easing of the lockdown is anchored basically on wearing face masks. So, we need knowledge. We need a more clear and unambiguous . Masks are distributed free in China, Us, Europe and the likes. Jack Ma donated millions of these things to Nigeria, they are conscripted for the selected few. The end result is do it yourself masks ...
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29 April
Oil rebounds above $14 per barrel
US oil prices rebounded above $14 a barrel Wednesday, a day after a sell-off sparked by a major fund selling its short-term holdings of the commodity amid virus-triggered storage concerns. West Texas Intermediate, the US benchmark, for June delivery jumped 14.5 percent to $14.13 a barrel in Asian morning trade. It had plunged by more than 21 percent at one ...
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29 April
IMF approves $3.4b emergency loan with 5 yrs repay plan to Nigeria
The Executive Board of the International Monetary Fund (IMF) has approved Nigeria’s request for $34 billion emergency financial assistance. The loan, which has a maximum repayment period of five years, comes under the Rapid Financing Instrument (RFI) meant for the country to meet its urgent balance of payment stemming from the outbreak of the COVID-19 pandemic. The IMF has however ...
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29 April
Court orders Atiku, Saraki, Obi to pay woman, N5m for unauthorised use of photos for campaign
By Onome Jackson A Federal High Court in Lagos has awarded N5m against the 2019 presidential candidate of the Peoples Democratic Party(PDP) Alhaji Atiku Abubakar, and his Campaign Director, Dr Bukola Saraki, over unathorised use of the photograph of a Lagos-based trader, Mrs Amuda Adeleke, on their campaign billboard. Justice Ayokunle Faji, who made the monetary award in a judgment ...
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29 April
Ronaldinho dazed by his arrest and imprisonment over fake passport
After a spell in a Paraguayan detention center, Ronaldinho Gaucho has been moved to a hotel in the nation’s capital where he is living under house arrest and the former Barcelona star has admitted he never imagined living in such a situation. Once one of the greatest footballers in the world, the Brazilian’s post-playing career hit a low when he ...
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28 April
BREAKING! CBN lifted the suspension on cheque clearing by banks, Effective from today.
The Bank disclosed this in a circular posted on its website, titled: “Re: Temporary Suspension of Cheque Clearing in the Nigerian Clearing System,” that was signed by its Director, Banking Services Department, Mr. Sam Okojere. It explained: “In furtherance of its efforts in the development of a safe and efficient payment system in Nigeria, the Bank in collaboration with relevant ...
