Ugo Aliogo The Central Bank of Nigeria (CBN) yesterday sustained its intervention in the foreign exchange (forex) market as authorised dealers in the wholesale segment received the sum of $100 million to meet the requests of their customers. The CBN also allocated the sum of $55million each to the …
Read More »Many Injured as Shiites Protests Persist
• Police arrest 400 Olawale Ajimotokan and Alex Enumah in Abuja A police vehicle was burned while scores of people were injured yesterday in Wuse 2, Abuja, during the violent protest by members of the Islamic Movement of Nigeria (IMN) otherwise known as Shiites. The police in a statement last …
Read More »Minimum Wage: Governors agree to pay N22,500, reject Labour’s N30,000
Chairman of the Nigeria Governors’ Forum, Governor Abdul’Aziz Yari (Zamfara State), addressing a press conference in Abuja on June 28, 2018. The Nigeria Governors’ Forum (NGF) has agreed to pay the sum of N22, 500 as new minimum wage for workers, as against the existing N18,000. Chairman of the Forum …
Read More »Amaechi, others escape death on Arik Air plane (VIDEO)
Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi, and other passengers narrowly escaped death on a troubled Arik Air flight from Port Harcourt to Lagos, according to eyewitnesses. The incident, related by Grend Miebaka Ibimina and Oraye St. Franklyn in a written account making the rounds among Amaechi’s allies on …
Read More »Dangote Refinery to save Nigeria from Dirty fuels with Euro V specification
Dangote Oil Refinery Company (DORC) says the 650,000 barrels per day refinery has been designed to process a variety of light and medium grades of crude and produce extremely clean fuels that meet Euro V specification. Sulphur in petroleum fuels results in vehicle exhaust emissions that have negative impact on …
Read More »Buhari assured us of free, fair 2019 polls — UN, ECOWAS
ABUJA— United Nations and Economic Community of West African States, ECOWAS, said they have received assurances from President Muhammadu Buhari as well as the nation’s security agencies of a free, fair and credible general election next year. This was disclosed by a delegation from the Joint Mission of Economic Community …
Read More »Obaseki seeks more support from traditional rulers to tackle insecurity
Gov. Godwin Obaseki of Edo has appealed to traditional rulers in the country to support both the Federal and State Governments in the fight against insecurity, saying that collective effort was needed to tackle the menace. A statement in Benin on Tuesday, signed by the Special Adviser to the Governor …
Read More »P+ Measurement Services host AMEC Measurement Month in Nigeria.
October 2018. Lagos. Nigeria – Independent PR measurement and evaluation agency in Nigeria, P+ Measurement Services will be hosting the AMEC’s measurement month, an annual educational programme aimed at up skilling communications and measurement practitioners while showcasing global best practice. P+ Measurement Services will be joining other Africa countries to host …
Read More »Heritage Bank, Rivers to make arts, culture key earner to GDP growth- Sekibo
Heritage Bank Plc affirmed that it will continue to partner River State Government in an effort to make art and culture a unifying factor and major earner to the contribution of Gross Domestic Product of the country. MD/CEO of Heritage Bank, Ifie Sekibo made the pledge during the 2018 National …
Read More »Entrepreneurship is the Key to Unlocking Economic Development on Our Continent,” Tony Elumelu Says at The Tony Elumelu Foundation Entrepreneurship Forum
Thursday, October 25, 2018: 5,000 African entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem convened in Lagos on Thursday, October 25, 2018 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. The event which is the largest gathering of African entrepreneurs in the world, is a unique opportunity …
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