Day: May 3, 2021

Lagos Raises Alarm on COVID-19 3rd Wave, To Quarantine Foreign Visitors

Tade Salako

  Lagos, Nigeria’s COVID-19 epicentre, threatens tougher restrictions, protocol enforcement for ariline passengers from Brazil, Turkey, India   The government of Lagos, Nigeria’s commercial capital, has raised the alarm over the possible third wave of COVID-19 in Lagos as it slammed fresh 14-day quarantine on foreigner-visitor into the country through the airport in the state. This measure arose from importation of new strains from inbound travelers, especially from countries like India, Brazil, Argentina, Iraq, Qatar, Peru and Uruguay. These nations are all being currently ravaged by a vicious third or fourth wave.…

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10 Nigerian Banks Rake-In N31.28trn Deposits from Customers In 3 Months

Aliyu Aliyu

  Despite the tough economy, Deposit Money Banks (DMBs) in the country continue to record success in their bid to attract customer deposits, Q1’ 2021 results so far released by the lenders show. An analysis of 10 DMBs’ Q1’ 2021 unaudited financial statements, for instance, shows that they grew their total customer deposits by 25.1 per cent to N31.28 trillion in the first three months of this year from the N25 trillion that they reported in the corresponding period of 2020. The banks are Access Bank, Zenith Bank, United Bank for…

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