archiveJuly 6, 2021

   The Nigerian Exchange (NGX) Ltd. sustained its positive posture on Tuesday with capitalisation returning to the N20 trillion mark due to gains by some blue chips. Specifically, the market capitalisation inched higher by N103 billion or 0.52 per cent to close at N20.026 trillion from N19.923 trillion recorded on...

 The Federal Government has  sought support of United Nations (UN) to persuade developed countries to redeem 100 billion dollars pledge made to support developing countries to attain Nationally Determined Contributions (NDC) target. Dr Mohammad Abubakar, Minister of Environment said this on Tuesday  when UN Deputy Secretary General, Hajiya Amina Mohammed...

 The Manufacturers Association of Nigeria (MAN) and the United Nations Industrial Development Organisation (UNIDO) have formed a partnership to drive the implementation of Industrial Energy Efficiency(IEE) and Resource Efficiency and Cleaner Production (RECP). The partnership was brokered at a workshop in Lagos on Tuesday themed: “Improving Nigeria’s Industrial Energy Performance...

  Gov. Nyesom Wike of Rivers has announced the relaxation of existing curfew on the entire state beginning from Wednesday, July 7.The governor stated this in a state broadcast on Tuesday in Port  Harcourt, saying that government  acknowledged the negative impacts of the curfew on businesses and the social life of...

The Development Finance Advocates (DFA), a network of individuals who believe and support the adoption of development finance strategy in growing the Nigerian economy has commended the Central Bank of Nigeria (CBN) for effectively performing its statutory oversight functions on the activities of Nigeria Incentive-Based Risk Sharing for Agricultural Lending...

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this assertion while delivering the keynote address at the 2021 Nigeria...

passes Chartered Institute of Directors Bill  The Senate on Tuesday passed a bill to establish the Nigerian French Language Village, Badagry, Lagos State, as an Inter-University Centre for French Studies. The passage of the bill followed the presentation and consideration of a report by the Committee on Tertiary Institutions and...

The Kano Zonal Office of the Economic and Financial Crimes Commission (EFCC) on Tuesday, July 6, 2021 secured the conviction of one Habiba Abubakar before Justice J.K Daggard of the Federal High Court sitting in Kano on a two count charge of obtaining by false pretense. The convict fraudulently sold...

*VP launches National Leather & Leather Products Policy Implementation Plan in Abuja Being one of the highest producers of leather and finished leather products in Africa with a projected revenue of US$1 billion by 2025, the industry could become a game-changer for Nigeria’s economy by improving the country’s foreign exchange...

House of Representatives members from the southern part of Nigeria have adopted the resolutions by the Southern Governors’ Forum on the Petroleum Industry Bill, Electoral Act (Amendment) Bill and the rotation of the Presidency in 2023. Chairman of the Southern Caucus, Victor Nwokolo, made this known in a statement issued...