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    Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

    Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

    FG fines Multichoice N766m over privacy breaches

    FG fines Multichoice N766m over privacy breaches

    Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

    Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

    Food inflation: NSA, 36 states launch joint action

    Food inflation: NSA, 36 states launch joint action

    Petrol imports drop 54% as Dangote boost supply

    Petrol imports drop 54% as Dangote boost supply

    World Bank retains Nigeria’s growth at 3.6%

    World Bank retains Nigeria’s growth at 3.6%

    Petrol: 6 depots slash prices as competition heightens in downstream sector

    Petrol: 6 depots slash prices as competition heightens in downstream sector

    Market capitalisation hits N70.89tr as 36 stocks close in green

    Market capitalisation hits N70.89tr as 36 stocks close in green

    Sixteen years after meltdown, NGX market cap surges by 347.5%

    Sixteen years after meltdown, NGX market cap surges by 347.5%

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      Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

      Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

      FG fines Multichoice N766m over privacy breaches

      FG fines Multichoice N766m over privacy breaches

      Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

      Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

      Food inflation: NSA, 36 states launch joint action

      Food inflation: NSA, 36 states launch joint action

      Petrol imports drop 54% as Dangote boost supply

      Petrol imports drop 54% as Dangote boost supply

      World Bank retains Nigeria’s growth at 3.6%

      World Bank retains Nigeria’s growth at 3.6%

      Petrol: 6 depots slash prices as competition heightens in downstream sector

      Petrol: 6 depots slash prices as competition heightens in downstream sector

      Market capitalisation hits N70.89tr as 36 stocks close in green

      Market capitalisation hits N70.89tr as 36 stocks close in green

      Sixteen years after meltdown, NGX market cap surges by 347.5%

      Sixteen years after meltdown, NGX market cap surges by 347.5%

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        Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

        Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

        FG fines Multichoice N766m over privacy breaches

        FG fines Multichoice N766m over privacy breaches

        Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

        Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

        Food inflation: NSA, 36 states launch joint action

        Food inflation: NSA, 36 states launch joint action

        Petrol imports drop 54% as Dangote boost supply

        Petrol imports drop 54% as Dangote boost supply

        World Bank retains Nigeria’s growth at 3.6%

        World Bank retains Nigeria’s growth at 3.6%

        Petrol: 6 depots slash prices as competition heightens in downstream sector

        Petrol: 6 depots slash prices as competition heightens in downstream sector

        Market capitalisation hits N70.89tr as 36 stocks close in green

        Market capitalisation hits N70.89tr as 36 stocks close in green

        Sixteen years after meltdown, NGX market cap surges by 347.5%

        Sixteen years after meltdown, NGX market cap surges by 347.5%

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          Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

          Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

          FG fines Multichoice N766m over privacy breaches

          FG fines Multichoice N766m over privacy breaches

          Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

          Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

          Food inflation: NSA, 36 states launch joint action

          Food inflation: NSA, 36 states launch joint action

          Petrol imports drop 54% as Dangote boost supply

          Petrol imports drop 54% as Dangote boost supply

          World Bank retains Nigeria’s growth at 3.6%

          World Bank retains Nigeria’s growth at 3.6%

          Petrol: 6 depots slash prices as competition heightens in downstream sector

          Petrol: 6 depots slash prices as competition heightens in downstream sector

          Market capitalisation hits N70.89tr as 36 stocks close in green

          Market capitalisation hits N70.89tr as 36 stocks close in green

          Sixteen years after meltdown, NGX market cap surges by 347.5%

          Sixteen years after meltdown, NGX market cap surges by 347.5%

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            Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

            Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

            FG fines Multichoice N766m over privacy breaches

            FG fines Multichoice N766m over privacy breaches

            Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

            Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

            Food inflation: NSA, 36 states launch joint action

            Food inflation: NSA, 36 states launch joint action

            Petrol imports drop 54% as Dangote boost supply

            Petrol imports drop 54% as Dangote boost supply

            World Bank retains Nigeria’s growth at 3.6%

            World Bank retains Nigeria’s growth at 3.6%

            Petrol: 6 depots slash prices as competition heightens in downstream sector

            Petrol: 6 depots slash prices as competition heightens in downstream sector

            Market capitalisation hits N70.89tr as 36 stocks close in green

            Market capitalisation hits N70.89tr as 36 stocks close in green

            Sixteen years after meltdown, NGX market cap surges by 347.5%

            Sixteen years after meltdown, NGX market cap surges by 347.5%

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              Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

              Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

              FG fines Multichoice N766m over privacy breaches

              FG fines Multichoice N766m over privacy breaches

              Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

              Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

              Food inflation: NSA, 36 states launch joint action

              Food inflation: NSA, 36 states launch joint action

              Petrol imports drop 54% as Dangote boost supply

              Petrol imports drop 54% as Dangote boost supply

              World Bank retains Nigeria’s growth at 3.6%

              World Bank retains Nigeria’s growth at 3.6%

              Petrol: 6 depots slash prices as competition heightens in downstream sector

              Petrol: 6 depots slash prices as competition heightens in downstream sector

              Market capitalisation hits N70.89tr as 36 stocks close in green

              Market capitalisation hits N70.89tr as 36 stocks close in green

              Sixteen years after meltdown, NGX market cap surges by 347.5%

              Sixteen years after meltdown, NGX market cap surges by 347.5%

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                Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

                Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

                FG fines Multichoice N766m over privacy breaches

                FG fines Multichoice N766m over privacy breaches

                Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                Food inflation: NSA, 36 states launch joint action

                Food inflation: NSA, 36 states launch joint action

                Petrol imports drop 54% as Dangote boost supply

                Petrol imports drop 54% as Dangote boost supply

                World Bank retains Nigeria’s growth at 3.6%

                World Bank retains Nigeria’s growth at 3.6%

                Petrol: 6 depots slash prices as competition heightens in downstream sector

                Petrol: 6 depots slash prices as competition heightens in downstream sector

                Market capitalisation hits N70.89tr as 36 stocks close in green

                Market capitalisation hits N70.89tr as 36 stocks close in green

                Sixteen years after meltdown, NGX market cap surges by 347.5%

                Sixteen years after meltdown, NGX market cap surges by 347.5%

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                  Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

                  Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

                  FG fines Multichoice N766m over privacy breaches

                  FG fines Multichoice N766m over privacy breaches

                  Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                  Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                  Food inflation: NSA, 36 states launch joint action

                  Food inflation: NSA, 36 states launch joint action

                  Petrol imports drop 54% as Dangote boost supply

                  Petrol imports drop 54% as Dangote boost supply

                  World Bank retains Nigeria’s growth at 3.6%

                  World Bank retains Nigeria’s growth at 3.6%

                  Petrol: 6 depots slash prices as competition heightens in downstream sector

                  Petrol: 6 depots slash prices as competition heightens in downstream sector

                  Market capitalisation hits N70.89tr as 36 stocks close in green

                  Market capitalisation hits N70.89tr as 36 stocks close in green

                  Sixteen years after meltdown, NGX market cap surges by 347.5%

                  Sixteen years after meltdown, NGX market cap surges by 347.5%

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                  CAN, RCCG, Winners drop Crossover Night services

                  The Nation | December 30, 2020
                  CAN, RCCG, Winners drop Crossover Night services
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                  THE Christian Association of Nigeria (CAN), the Redeemed Christian Church of God (RCCG) and Living Faith Church Worldwide (a.k.a. Winners Chapel), have backed down on their insistence to hold Crossover services in churches tomorrow.

                   

                  They announced, on Tuesday, adjustments in their programmes to ensure that none of their members violates the 12 midnight – 4am curfew imposed by the Federal Government as part of measures to contain COVID-19 spread.

                  The CAN aligned with government’s ban on watchnight (crossover) service that usually heralds the New Year.

                  The association said the service, which normally extends to 12am on the first day of the year, should not hold, so that Christians can maintain a strict adherence to COVID-19, protocols.

                   

                  But the Osun State government reviewed its position on the countdown to the New Year.

                  “The government has decided to allow crossover religious gatherings, being sensitive to the mood of the season. But any organisation holding crossover service must note that they are expected to close the service early and everyone must be off the streets by 1am,” Osun Commissioner for Information and Civic Orientation, Mrs. Funke Egbemode, said.

                  CAN’s National President Rev. Samson Ayokunle advised state chapters to adhere strictly to directives by relevant government authorities on the crossover night service.

                   

                  “There is no sacrifice that is too much to put an end to the Coronavirus pandemic in the interest of all and sundry,” Ayokunle said in a statement in Abuja yesterday.

                  Already, the Ondo State government has vowed to prosecute any church leader that may violate its ban on the midnight service.

                  However, in Lagos State, the local chapter of CAN and the state government agreed that services should end by 11pm tomorrow.

                   

                  In a memo to all parishes signed by its Assistant General Overseer (AGO) in charge of Admin/Personnel, Pastor Johnson Odesola, the RCCG said it will do live streaming of the Crossover Service tomorrow night.

                  It urged members to link up virtually on Dove Television and other on-line platform.

                  The January 8 Holy Ghost Service (HGS) will also be conducted by the General Overseer, Pastor Enoch Adeboye, virtually, Odesola said in the memo.

                   

                  According to him, the mission took the decision in compliance with the government’s directive.

                  It was also learnt that Winners’ Chapel service and Bishop David Oyedpo’s sermon scheduled to kick-off from 6pm tomorrow, will be streamed live and viewed by members at all viewing centres affiliated to the church.

                  Winners’ Chapel will stream He said: “Where the government places an embargo on the Crossover Night service, churches may meet earlier to praise and give God praises for the gift of life despite the pandemic and to place their requests for 2021 before God.

                   

                  Ayokunle, who urged Christian leaders to cooperate with the government, said the directive was understandable. “We understand the unfortunate state COVID19 infection has put everybody world over, which caused some state governments to place total ban on crossover night service and we are not happy that we would not be able to enter into the New Year prayerfully in joint fellowship with our brothers and sisters.

                  “We, however, urge you all to abide by the directives of each state government on this so as to prevent the spread of the infection. One thing that is certain is that, the end of COVID-19 is here at last in the mighty Name of Jesus Christ.

                   

                  “In those states, services should be closed about 10:30pm or at most 11:00pm to enable worshippers to return home on time. It is a passing phase and this too shall pass away in Jesus Name. Very soon, the pandemic will become history and we will return to our usual routine services in Jesus’ Name.”

                  Ondo State government warned church leaders against violating its directives to avoid prosecution.

                  It read the riot act in response to a statement by the state chairman of CAN, Rev. John Oladapo, that churched should hold cross over service in defiance of the state government directive.

                   

                  Oladapo was reported to have called on Christians to disregard the government’s directive because relevant stakeholders were not consulted.

                  But, the Chairman of the Ondo State Inter-ministerial Committee on COVID-19, Prof. Adesegun Fatusi, said COVID-19 was primarily a health issue and not a religious issue.

                  Lagos CAN chairman Bishop Steven Adegbite, who backed down on earlier directive to members that they end the service by 12.15am and that members who could not return home should pass the night in churches till day break.

                   

                  In a statement by Adegbite supported government’s directive that the crossover service should terminate by 11 pm.

                  Lagos State Government had previously ordered all worship centres to suspend night services, vigils and crossover events.

                  The state also announced a 12am to 4am curfew as part of measures to curb the spread of COVID-19 in the state.

                   

                  Adegbite said: “As part of our responsibility as a law-abiding organisation and in response to the appeal made to us by the state government, we hereby direct that all churches should ensure their services on 31st of December, 2020 end at 11:00 pm so as to allow attendees get to their respective homes and places of rest on or before 12:00 midnight when the curfew will start.”

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