NEWS WEEKEND: Sunday

NEWS WEEKEND: Sunday

*IGP Adamu has banned operatives of the Federal Special Anti-Robbery Squad (FSARS), the Special Tactical Squad (STS) and Intelligence Response Team (IRT) from undertaking routine patrols as well as stop and search duties.
(2) COVID-19 Update in Nigeria: The NCDC confirmed 160 new cases and 1 death on Saturday; to date, 59,287 cases have been confirmed, with 50,718 recoveries and 1,113 deaths.
(3) Trump Update: The US President offered his own assessment Saturday evening in a video from Walter Reed National Military Medical Center, saying he was beginning to feel better and hoped to “be back soon.”
* Hours earlier, chief of staff Mark Meadows told some reporters outside the hospital, “We’re still not on a clear path yet to a full recovery.”
* In an update on the president Saturday night, his chief doctor said all was going well.
* The changing, and at times contradictory, accounts created a credibility crisis for the White House at a crucial moment
(3) At a 60th Independence Day Celebration Symposium organized by RCCG and the Nehemiah Leadership Institute, Pastor Enoch Adeboye joined other prominent Nigerians to call for urgent restructuring of the country to save it from breakup. “We all know that we must restructure. It is either we restructure or we break, you don’t have to be a prophet to know that one.” he said.
(4) FG increases available seats on the flights of international airlines to Lagos and Abuja airports to 200 passengers per aircraft.
(5) Fitch Ratings has revised Nigeria’s Bank of Industry’s (BOI) Outlook to Stable from Negative, while affirming the bank’s Long-Term Issuer Default Rating (IDR) at ‘B’. The Outlook change follows a similar rating actions taken on Nigeria’s sovereign on 30 September 2020. (6) Nigeria’s foreign reserves was at $35.723bn as of September 29, according to the CBN. (7) BPE DG Alex Okoh says its transactions are devoid of political interferences. (8) The Embassy of Nigeria in Japan says the number of Japanese companies in Nigeria has increased from 32 in 2017 to 43 in 2020. (9)The Nigerian Electricity Regulatory Commission says the Federal Government spent N540bn subsidising electricity in 2019; it wants that to stop. (10)The Nigeria Sovereign Investment Authority (NSIA) has signed a MoU)with CDC Group, a UK’s publicly owned impact investor to facilitate long-term inclusive growth and encourage private capital. (11) IGP Adamu, has gone to the Supreme Court to overturn last Wednesday’s judgment of the Court of Appeal, which nullified the recruitment of 10,000 constables by the Nigeria Police Force in 2019. (11)Nigeria High Commissioner to Canada, Adeyinka Asekun says the country is unfairly denying Nigerians visas; Nigeria-Canada Bilateral Agreement to address unfair treatment of Nigerians.

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