ALL THE RELEVANT NEWS : Tuesday

ALL THE RELEVANT NEWS : Tuesday

🌍Villa Stories: President Buhari has reiterated the administration’s readiness to decisively deal with hoodlums and hooligans hiding behind peaceful protests to disrupt public peace.

* To address NASS joint session on Thursday

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* Re-nominates MD, Executive Directors for AMCON; Nominates new MD, Executive Directors for NDIC

 

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🌍Vaccine developers Pfizer and Moderna on Monday rejected U.S. President Donald Trump’s invitation to attend a White House “Vaccine Summit” holding today.

* A massive roll out of Pfizer vaccine is underway in UK today; 90 year old woman first to receive the vaccine

* US likely to approve emergency use on Thursday.

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🌍FG and Organised Labour in the agree to reduce the pump price of premium motor spirit by N5; the new price of a litre of petrol will now be N162.44.

 

🌍Oil Monitor: Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown through Christmas and coronavirus cases continued to surge in the United States and Europe. Brent crude futures fell 24 cents, or 0.5%, to $48.55 a barrel at 0153 GMT. It lost around 1% on Monday.

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* NNPC invites bids for sale, purchase and lifting of Nigerian Crude Oil grades in 2020/2021; says it has commenced discussion with its partners for the construction of NLNG Train 8.

 

🌍COVID-19 Update: With 390 new cases and one death on Monday, Nigeria’s daily toll remains above 300 and calls for caution. There are now 69,645 confirmed cases, 64,947 recoveries and 1,181 deaths.

 

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🌍CBN has increased the Targeted Credit Facility (TCF) meant for households and small and medium enterprises affected by the COVID-19 pandemic, to N300 billion. It was N150 billion

 

🌍FAAC disbursed a sum of N639.9 billion to the three tiers of government in October; a fall by 6.2 per cent.

 

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🌍Threats of another #ENSARS protest were stopped in Lagos and Abuja yesterday but protesters surfaced in Osogbo, Osun State yesterday.

 

🌍ASUU says it has not called off its strike because FG has neither implemented nor fulfilled any of the offers it made.

 

🌍68 people lost their lives as a result of flooding this year, according to NEMA. (10) FG reviewing investment policy, offers MSMEs free registration.

 

🌍Lagos-Ibadan train service commenced commercial operation at a minimum fare of N3000 on Monday.

 

🌍The US on Monday added Nigeria to a blacklist on religious freedom, paving the way for potential sanctions.

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