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May 5, 2020 Court Grants Ex-Minister, Turaki bail
IFMNEWS

Court Grants Ex-Minister, Turaki bail

A federal high court in Abuja has granted bail to a former minister of special duties and inter-governmental affairs, TANIMU TURAKI.

 

TURAKI alongside three others were arraigned on Monday on a 16-count charge bordering on unlawful and criminal misappropriation of funds.

 

The EFCC alleged that the former minister used the two companies belonging to his aide to illegally transfer funds.

 

Having taken a “not guilty” plea, JOE GAZAMA, TURAKI’s lawyer, asked the court to grant bail to his client and was unopposed by the EFCC.

 

Presiding judge, Justice INYANG EKWO, granted the defendants bail on self-recognition and on the same conditions granted to them in the administrative bail by the EFCC.

 

The judge adjourned the matter till June 22 for trial.

May 5, 2020 NCDC: FG May order Another Lockdown if Cases Explodes
IFMNEWS

NCDC: FG May order Another Lockdown if Cases Explodes

The Nigeria Centre for Disease Control, NCDC says the Federal Government may be compelled to re-impose a total lockdown if there is an explosion of confirmed cases of the novel Coronavirus COVID-19 in the country.

Director-General of the NCDC, Dr. CHIKWE IHEKWEAZU stated this in reaction to occurrences on the first day of easing of the lockdown order by the Federal Government at the daily press briefing of the Presidential Task Force on COVID-19 in Abuja on Monday.

Dr. IHEKWEAZU said the reports the PTF got on Monday regarding compliance with safety directives such as social distancing in the three locations was unimpressive.

On his part, the Presidential Task Force on COVID-19 believes one of the best ways for Nigerians to guard against being infected with Coronavirus is to stay at home.

The Chairman of the Task Force, BOSS MUSTAPHA insists that the ban on interstate movement is still in force adding violators of other guidelines will be arrested and prosecuted.

May 5, 2020 Nigeria Records 245 New Cases; Infections; Total Infections 2,802
IFMNEWS

Nigeria Records 245 New Cases; Infections; Total Infections 2,802

Nigeria has recorded 245 new cases of  Coronavirus, the highest it has recorded in a single day.

With the sharp increase, the country now has a total of 2,802 confirmed cases of Coronavirus.

In the figures released by the Nigerian Centre for Disease Control, NCDC, Lagos recorded a sharp increase, ramping up 76 new infections, while Katsina recorded 37 new cases.

Jigawa also recorded a sharp increase in infections, raking in 32 new cases, while Kano has 23 new infections.

The Federal Capital Territory, FCT, followed, ramping up 19 new cases; Borno, 18; Edo, 10; Bauchi, nine; Adamawa, six; Oyo and Ogun, five cases each while Ekiti, Osun, Benue, Niger and Zamfara have one case each.

417 patients have been discharged:  while 93 deaths have been recorded.

May 4, 2020 CBN, Bankers’ Committee Suspend Planned Lay-offs in Banks
IFMNEWS

CBN, Bankers’ Committee Suspend Planned Lay-offs in Banks

The Central Bank of Nigeria and the bankers’ committee have agreed to suspend lay-offs in banks across the federation.

This agreement was reached at a special meeting of the Bankers’ Committee which was convened on May 2, 2020, to further review the implications of the COVID-19 pandemic on the Nigerian banking industry.

At the special meeting, the Committee deliberated on the issue of the operating costs of banks in view of the disruptions emanating from the global economic difficulties.

The committee after deliberations decided that in order to help minimize the negative impact of the COVID-19 pandemic on families and livelihoods, no bank in Nigeria shall retrench or lay-off any staff of any cadre (including full-time and part-time).

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