By Emmanuel Oloniruha France, on Tuesday, announced that its volume of trade with Nigeria in year 2020 dropped to $2.3 billion dollars, from $4.5 billion in 2019, as a result of COVID-19. The French Minister in charge of Foreign Trade and Attractiveness, Mr Frank Riester, disclosed this at a meeting he held with the Nigeria […]
By Habibu Harisu Fuel queues have resurfaced in Sokoto metropolis as consumers besieged few filling stations selling the product, while most filling stations in the state remained shut. The News Agency of Nigeria (NAN) correspondent who went round the metropolis on Tuesday, reports that some filling stations along Gusau Road were filled with consumers queuing to […]
By Agbaje Gabriel The Director General of the Nigerian Meteorological Agency (NiMet), Prof. Mansur Matazu, has become Nigeria’s Permanent Representative at the World Meteorological Organisation (WMO). A statement signed by Mr Muntari Ibrahim, NiMet’s General Manager of Public Relations, on Tuesday in Abuja, said the appointment was in line with the provision of the General […]
By Kadiri Abdulrahman The CBN has started the registration of “Other Financial Institutions’’ (OFIs) on its Credit Risk Management System (CRIMS) to improve credit risk management. “Other Financial Institutions’’ are Development Finance Institutions (DFIs), Microfinance Banks (MFBs), Primary Mortgage Banks (PMBs) and Finance Companies (FCs) CBN’s Director, Financial Policy and Regulation Department, Kevin Amugo, stated […]
By Moses Omorogieva Police operatives attached to Area E Command, Festac in Lagos State, have arrested five persons for attempting to bribe them with N500,000 after they were arrested for allegedly stealing construction materials. The spokesman for the Lagos State Police Command, Mr Olumuyiwa Adejobi, a Chief Superintendent of Police, confirmed the arrest in a […]
The cryptocurrency market has grown exponentially in 2021 and is now worth a staggering $2.0 trillion as it increasingly attracts interest from big names on Wall Street. As digital currency exchange Coinbase prepares to list Wednesday in New York, AFP takes a look at a sector built from scratch just 12 years ago. Bitcoin On […]
By Yetunde Fatungase The National Association of Nigeria Nurses and Midwives (NANNM), Ogun Council, has embarked on strike over the kidnapping of its members and insecurity in the state. The strike had taken effect from the midnight of April 13, it said .in a statement jointly signed by the Chairman of NANNM, Roseline Solarin and […]
By Abubakar Ahmed Gov. Bello Matawalle of Zamfara has approved the reduction of work hours for workers in the state throughout the period of the Ramadan fast. A government statement said workers would resume at 9am and close at 2pm, as against the usual working hours of 8am to 4pm. The statement was issued on […]
By Solomon Asowata The Department of Petroleum Resources (DPR) has denied revoking 32 refinery licenses issued to private companies in Nigeria. Mr Paul Osu, Head, Public Affairs, DPR, made the clarification in a statement on Tuesday in Lagos. “We wish to clarify that DPR did not revoke any refinery licence. “Refinery licenses, like our other […]
By Ginika Okoye The Securities and Exchange Commission (SEC) is to discuss issues concerning the implementation of the financial technology roadmap in the market in its forth-coming committee meeting. A statement by the commission in Abuja on Sunday says the 2021 Capital Market Committee (CMC) meeting would also discuss the 10-year market master plan. The […]