The Nigerian central bank will work towards gradual unification of exchange rates across all forex windows, the bank said in a document seen by Reuters on Wednesday. Nigeria, Africa’s largest economy, operates a multiple exchange rate regime which it has used to manage pressure on the currency and to absorb the impact of an oil […]
…As NIMASA, NPA Agree On Wreck Removal To Ease Navigation By Foster Obi Federal Government’s plan to make the Integrated National Security and Waterways Protection Infrastructure, also called the Deep Blue Project, the central security structure for all anchorage areas in the Nigerian maritime domain will soon be a reality. The project is designed to […]
Britain’s Supreme Court will on Tuesday hear Nigerian farmers and fishermen appeal to pursue claims against oil major Shell over spills in the Niger Delta. The appeal re-opens the possibility for British multinationals to be held liable at home for their subsidiaries’ actions abroad. It comes after a setback in 2018 when a London court […]
By Foster Obi Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami will today unveil and launch the NCC Strategic Management Plan (SMP) 2020 – 2024 supported by the Chairman of the Board of Commissioners of the Nigerian Communications Commission (NCC), Professor Adeolu Akande and the Executive Vice Chairman/Chief Executive, Professor Umar Garba […]
Deputy Chairman of Oyo State COVID-19 Task Force,Temitope Alonge has said that higher Vitamin D may be responsible for the lower death rates in the country. Temitope Alonge, the Deputy Chairman of Oyo State COVID-19 Task Force, says higher Vitamin D levels due to constant exposure to sunlight may be responsible for the lower death […]
By Foster Obi Emirates airlines said it is welcoming the latest air travel protocols that will facilitate international travel for UAE citizens, residents and tourists, and open Dubai to business and leisure visitors from 7 July, while putting in place careful measures to ensure the health and safety of travelers and communities. A statement by […]
By Foster Obi Justice Aisha Kumaliya of the Borno State High Court, on Monday, June 22, 2020, convicted and sentenced an assistant director in Borno State Ministry of Agriculture and Natural Resources, Usman Abaji to six months imprisonment for obstruction of justice. A statement by the Economic and Financial Crimes Commission (EFCC), said the convict […]
The West African regional bloc ECOWAS is backing Nigeria’s candidate to head the World Trade Organization (WTO) and calls on other African countries to follow, a document showed on Monday, in a possible step towards uniting Africa behind her. “The ECOWAS authority of heads of state and government…calls on other African countries as well as […]
…Set to roll out over 400,000 in two years Ikeja Electric Plc (IE), Nigeria’s leading electricity Distribution Company said it has metered over one hundred and twenty thousand households between 2018 and June 2020 in line with commitment to bridge its metering gap. The company’s Head of Corporate Communications, Ikeja Electric, Felix Ofulue said in […]