The Nigeria Labour Congress (NLC) has insisted that it will carry on with its proposed strike action with regards to the recent increase in electricity tariff and the removal of petrol subsidy. This resolve was taken following a closed-door meeting between the NLC and the Speaker of the House of Representatives, Mr Femi Gbajabiamila. Mr […]
Month: September 2020
Discos to repay CBN N9.96bn in four months
Electricity distribution companies in the country are expected to repay in four months N9.96bn of the debts owed to the Central Bank of Nigeria. In September 2014, about a year after the privatisation of the power sector, the CBN introduced a N213bn intervention fund, called the Nigeria Electricity Market Stabilisation Facility. The NEMSF, a loan […]
Nigeria’s Israel Adesanya retains middleweight title with ease
Israel Adesanya expertly picked apart Paulo Costa to retain his middleweight title and extend his perfect professional record to 20-0 at UFC 253 in Abu Dhabi. The event marked a return to ‘UFC Fight Island’ and Adesanya made a second successful defence of his crown by finishing the previously undefeated Brazilian via a second-round TKO. […]
FG To Meet With Labour Unions Tonight
Minister of Labour and Employment, Dr Chris Ngige, presides over the meeting between government representatives and labour leaders in Abuja on October 14, 2019. The Federal Government will be meeting with Labour Unions at 7 pm tonight to avert planned strike billed for Monday, September 28. This is contained in a statement by Charles Akpan, […]
IMF Executive Board Approves Augmentation of Colombia’s Flexible Credit Line
The IMF Executive Board approved Colombia’s request for an SDR 4.4174 billion augmentation of access under the Flexible Credit Line (FCL) arrangement. The total amount now available under the line stands at SDR 12.267 billion (about USD 17.2 billion). The augmentation was approved in light of Colombia’s continued qualification with very strong institutional policy frameworks, […]
292 Trafficked Ebonyi Indigenes Rescued In Six Years – NAPTIP
Two hundred and ninety-two indigenes of Ebonyi State have been rescued from human trafficking. This was disclosed on Friday by the National Agency for the Prohibition of Trafficking in Persons (NAPTIP). Speaking during the inauguration of the Ebonyi Task Force Team on Human Trafficking at Government House in Abakaliki, NAPTIP Director-General, Julie Okah-Donli said the […]
Mali coup: Bah Ndaw sworn in as civilian leader
Former Defence Minister Bah Ndaw, 70, was picked by the coup leader, Colonel Assimi Goita, to head a transitional government until elections, which are expected in 18 months. Col Goita will be his vice-president. The appointment of a civilian president was a condition for the West African regional group, Ecowas, to lift the sanctions it […]
US, Nigeria plan survey on impact of Covid-19 on Nigerian households
The United States and Nigeria’s Centres for Disease Control are to conduct a household survey to determine the extent of coronavirus infections in Nigeria. People in four states including the biggest city, Lagos, will be asked if they wish to volunteer in the research which will include an antibody blood test to find out who […]
US mulls two-year limit for Nigerian student visas, others
Proposed new US immigration measures could leave many African students in the country having to reapply for visas in the middle of their degree courses. A plan issued by the Department for Homeland Security (DHS) that is now up for discussion outlines changes to student visas that have previously been issued for the duration of […]