archiveJune 9, 2020

The World Trade Organisation (WTO) has accepted the nomination ofDr (Mrs) Ngozi Okonjo-Iweala as one of the candidates for the office of the director-general of the organisation. “Nigeria, on 9 June 2020, nominated   Okonjo-Iweala for the post of WTO Director-General to succeed the current Director-General, Mr Roberto Azevêdo, who has...

The Nigerian Stock Exchange (NSE) key market indices improved further by 0.34 per cent on Tuesday due to sustained interest in BUA Cement. Superficially, the All-Share Index which opened at 25,249.96, rose by 85.19 points or 0.34 per cent to close at 25,335.15. Also, the market capitalisation appreciated by N45...

A group, the All Electricity Consumers Protection Forum, has faulted the hike in the cost of prepaid meters by the Nigerian Electricity Regulatory Commission (NERC). In an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos, its National Coordinator, Mr Adeola Samuel-Ilori, said that the increment was...

The World Health Organisation (WHO) says the number of confirmed Coronavirus (COVID-19) cases in Africa is now over 187,800 while the global cases are now over seven million. The WHO Regional Office for Africa in Brazzaville, Congo, gave the update on Tuesday on its official twitter handle @WHOAFRO. “There are...

  The Abuja Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Tuesday, June 9, 2020, presented the first prosecution witness (PW1), Mr. Olajide Friday, before Justice A. S Adepoju of the Federal Capital Territory High Court, Abuja, in the trial of William Salami Bamidele, who allegedly issued...

The Senate has mandated its Committee on Health (Primary and Communicable Disease) to meet with the Nigeria Centre for Disease Control (NCDC) following the number of mysterious deaths recorded in Bonny Island, Rivers State. The upper chamber while urging the Federal Ministry of Humanitarian Affairs and Disaster Management through the...

  MTN Nigeria Communications (MTNN) Plc on Tuesday announced the successful issuance of N100 billion Series I & II Commercial Paper (CP) notes. MTNN stated this in a notice to the Nigerian Stock Exchange (NSE) and the investing public signed by Uto Ukpanah, its Company Secretary. The company said that...

Says Buhari excited about the commissioning of 200,000 yam storage facility in Benue Improving the working and trading environment for small and medium sized businesses through Shared Facilities, MSMES Clinics and other government interventions are critical parts of the Federal Government's drive towards supporting Micro, Small and Medium Enterprises (MSMEs)...

The Senate has mandated its Committee on Privatization to investigate the operations and non-performance of paper mills sold by the Bureau of Public Enterprises to private interests. This was just as the Upper Chamber rejected a call on the Federal Government to establish Federal Paper Mills in each Geo-political zones...

The Nigerian Electricity Regulatory Commission (NERC) has threatened to sanction seven electricity Distribution Companies (DisCos) for failing to comply with its order on capping estimated billing for some customers within their network. NERC, which is the regulator of the Nigerian Power Supply Industry (NESI) made its intention known in a...