Tuesday, October 13, 2020
Buhari assures Okonjo-Iweala of support to clinch WTO job
The President, Major General Muhammadu Buhari (retd.), on Monday assured former Minister of Finance and Economy, Ngozi Okonjo-Iweala, that he would do all within his power to ensure that she became the Director-General of World Trade Organisation…read more.
Dangote refinery, others threaten existing plants – OPEC
New refining capacities expected to come on stream in Nigeria and other African countries in the next few years may increase pressure on existing plants on the continent, the Organisation of the Petroleum Exporting Countries has said…read more.
Equity market extends downturn by N41bn
Transactions in the Nigerian equity market on Monday closed negative, as losing streak extended to the fourth consecutive trading days, following sell-off on some high valued stocks. However, the market breadth closed negative, recording 13 gainers and 16 losers…read more.
NITDA to tighten nose on data protection through new Bill
The National Info Technology Development Agency (NITDA), is to send a new Bill on Data Protection to the National Assembly, and if passed into law, would ensure stringent protection of personal data and regulation of the processing of personal information….read more.
Raise banks’ liquidity ratio to discourage foreign currency holding, ABCON charges CBN
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to consider raising the liquidity ratio of banks, to discourage foreign currency holding…read more.
Customs generates N13.11 billion from Onne Port
The Nigeria Customs Service (NCS), Area II Command, Onne Port, Rivers State, said it generated over N13.11 billion for the month of September. Meanwhile, the Seaport Terminal Operators Association of Nigeria (STOAN), has bemoaned the slow pace of work on the Marine Beach Bridge…read more.
Implications of Nigeria’s CAMA Law on Extractive Sector Ownership Disclosure
In 2013, Nigeria began its journey towards revealing the real owners of its assets in the extractive industries. By 2016, at the anti-corruption summit which took place in London, President Muhammadu Buhari made a pledge…read more.
OPEC: Global Crude Oil Demand to Peak in 25 Years
The Organisation of Petroleum Exporting Countries (OPEC) has projected that despite the growing need for renewables as a source of energy, crude oil and its associated products will remain the largest contributor to the energy mix in the next 25 years…read more.
UN Water Mandate Launched in Nigeria
The United Nations CEO Water Mandate in Nigeria has been launched by the Nigeria Economic Summit Group (NESG), as part of pre-summit events leading up to the 26th Nigerian Economic Summit (NES)…read more.
Electricity tariff: FG agrees to provide relief of N10.20k/kW for three months
The Federal Government has agreed to provide a tariff relief of N10.20 per kilowatt of electricity for Nigerians for the next three months and also massively distribute free meters to electricity consumers…read more
PIB’ll secure future of Nigeria’s oil industry — Kyari
Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, Monday, disclosed that the passage of the Petroleum Industry Bill, PIB, would effectively secure the future of Nigeria’s oil and gas industry and attract the much-needed investments into the sector…read more.
Debt burden of least developed countries climb to a record $744bn in 2019 – World Bank
The total external debt for the Debt Service Suspension Initiative (DSSI) countries climbed 9.5% to a record $744 billion in 2019 from the previous year highlighting an urgent need for creditors…read more.
#EndSARS: Businesses bleed as protest rocks Nigeria
A day after the Inspector General of Police (IGP), Mohammed Adamu, announced the disbandment of the Special Anti-Robbery Squad (SARS), protest has continued across Nigeria. Yesterday, activities around the Lagos International Airport…read more.
FG to unveil next phase of COVID-19 guidelines this week
Federal government will this week unveil next steps regarding the remaining phase of the eased lockdown, after President Muhammadu Buhari approves the 8th reports of the regular Presidential Task Force on the Coronavirus pandemic, PTF COVID-19…read more.
