By Foster Obi 274th meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is scheduled to hold Monday, July 20, 2020 in Abuja according to notice posted on the apex Bank’s website. The meeting which holds quarterly provides opportunity for the committee within the Bank to formulating monetary and credit […]
Month: July 2020
Lagos Doctors Strike: Guild Calls for robust Discussion with Govt
The Medical Guild has appealed to the Lagos State Government to ensure proper engagement with doctors toward resolving the issues that led their three days warning strike. Dr Oluwajimi Sodipo, the Guild Chairman, made the appeal in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos. “We still remain committed to […]
Rape: Senate passes Criminal Code Bill
The Senate on Tuesday passed a bill for an Act to amend the Criminal Code Act 2004. The News Agency of Nigeria (NAN) reports that the passage of the bill followed consideration of the report of the Senate Committee on Judiciary, Human Rights and Legal Matters. The bill if assented into law by President Muhammadu […]
WTO DG: Ngozi Okonjo Iweala receives Reps approval
House of Representatives has endorsed the candidacy of Ngozi Okonjo Iweala as the Director-General of the World Trade Organisation, describing her as very qualified. The resolution to support her followed a motion of urgent public importance raised by the minority leader, Ndudi Elumelu at plenary on Tuesday. The lawmakers also urged President Buhari to rally […]
774,000 Jobs: Keyamo Kick starts Special Public Works Programme
By Foster Obi In line with the his postulations, despite altercation with lawmakers, the Minister of State for Labour and Employment, Mr Festus Keyamo Tuesday inaugurated special committees in all the states of the Federation and the FCT for the selection of applicants for the Special Public Works Programme (SPW) of the Federal Government , […]
Gionee, Chinese smartphone giant launches S12 phones in Lagos
… assures customers of commitment By Tony Udemba Gionee Mobile, a Chinese smartphone manufacturing conglomerate has once again strengthened it’s prime position in Nigeria’s mobile communications market, with the official launch of its latest mobile device, Gionee S12. With the stylish entry of this highly innovative mobile device into the biggest telecommunications market in Africa, […]
Reps Summon Chief Of Naval Staff, give him 7-Day Ultimatum
The House of Representatives Committee on Public Account has given a 7-day ultimatum to the Chief of Naval Staff, Ibok Ekwe Ibas, to appear before the Committee. Lawmakers in the Committee expressed their displeasure that the Chief of Naval Staff failed to honour their earlier invitation, and instead sent the Nigerian Navy’s Assistant Director of […]
Education Minister inaugurates governing council of 13 universities
Minister of Education, Malam Adamu Adamu, has inaugurated the governing councils of 13 federal universities in the country. Adamu, during the inauguration in Abuja on Monday, charged the chairmen and members of the various councils to foster harmonious relationships while carrying out their duties in the next four years. He urged council members and chairmen […]
Nigeria records N158.44bn unclaimed dividends in 2019
Total unclaimed dividend figure in the Nigerian capital market stood at N158.44 billion as of December 2019, the News Agency of Nigeria (NAN) reports. Data obtained from the Securities and Exchange Commission (SEC) show that the figure is still on the increase in spite of e-dividend registration introduced by SEC in 2015. NAN reports that […]
Customs FOU Zone A Intercepts contrabands, generates N17bn in six months
By Foster Obi Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service over the weekend intercepted contrabands, even as it raised debit notes on importers worth 17billion between January to June 2020. The Command noted that while contrabands intercepted by the unit were from smugglers terrorising the South Western states of the country […]