ALL THE RELEVANT NEWS :Saturday

ALL THE RELEVANT NEWS :Saturday

🌍 Oil settled at a nine-month high on Friday, rounding out 7 straight weeks of gains as investors focused on the rollout of COVID-19 vaccines and a decline this week in the U.S. dollar. Brent crude settled up 76 cents, or 1.5%, to $52.26 a barrel after touching $52.48, its highest since March.

 

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🌍 Some global COVID-19 Updates: Italy has ordered a nationwide lockdown over much of the Christmas and New Year period;

The Netherlands and Germany have imposed lockdowns until January; In US, no strong central mandates: reported 249,709 new cases and 2,814 virus-related deaths on Friday, the most recorded in a single day; nationwide totals now stand at 17,459,296 cases and 313,588 fatalities; UK Prime Minister Boris Johnson said he was “hoping to avoid” another national lockdown in England but that Covid-19 cases had increased “very much” in recent weeks.

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*The Moderna vaccine has been approved by the US government

* Nigeria yesterday reported 11 deaths, the highest in recent times, and 806 new infections. The NCDC explained that “total reported deaths for today includes a cumulative of 6 deaths recorded in Gombe State over two days.”

To date, there are 77,013 confirmed cases; 67,484 recoveries and 1,212 deaths.

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* Lagos, FCT, Ebonyi, Akwa Ibom ban large gatherings again

 

🌍 Kankara Update: President Buhari receives released students, advises them on need to focus on education; tells service chiefs they have a lot to do.

 

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🌍 President Buhari on Friday assured the Pan-Niger Delta Forum on the implementation of the 16-point agenda for peace and stability as well as development in the Niger Delta region.

 

🌍 CBN has directed the Deposit Money Banks to close all naira accounts of International Money Transfer Operators.

 

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🌍 FG has ordered the NCC and the National Identity Management Commission (NIMC) to remove the 20 naira USSD fee imposed on subscribers for the retrieval of their National Identity Numbers (NIN). But what people worry about most is the insensitivity of the deadline to rising COVID-19 cases and the closeness of the festive season.

 

🌍 The NDIC has attributed the pool of unclaimed funds to a limited understanding and the widespread misconception of the Deposit Insurance System (DIS) in Nigeria.

 

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🌍 NNPC appoints programme manager to deepen compliance with EITI standards

 

🌍 SMEDAN to float Microfinance Bank to ease lending to MSMEs.

 

🌍 US issues travel advisory to its citizens over security and COVID-19 in Nigeria, but US has the worst pandemic numbers in the world.

 

🌍 Nigeria’s Seme border now open to huge sub-regional traffic.

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