By Foster Obi As part of collaborations and efforts in developing partnerships to reposition the maritime sector,, Director General, National Environmental Standards and Regulations Enforcement Agency (NESREA), Prof. Aliyu Jauro recently paid a working visit to the Nigeria Ports Authority Corporate Headquarters in Lagos. In the pix: Managing Director of the Nigerian Ports Authority (NPA), […]
Business
Building Collapse: NIOB renews call for building laws enforcement
The Nigerian Institute of Building (NIOB), has renewed calls for the engagement of professional builders in construction production management towards ending ugly trend of building collapse in the nation. NIOB Lagos Chapter Chairman, Mr Sunday Wusu during a press briefing on Thursday to announce its ‘2021 Builders’ Day also called for enforcement of laws to […]
‘CBN disburses N85 billion as credit support to 80 health projects’
Central Bank of Nigeria (CBN) says it has disbursed over N85 billion to no fewer than 80 projects, under its Healthcare Credit Support scheme, the bank’s Director of Development Finance, Mr Yila Yusuf, has announced In an interview with newsmen on Wednesday, in Abuja, Yusuf said that the projects cut across medical, pharmaceutical, herbal and […]
Brent crude hits 22-month high as OPEC raises 2021 demand outlooks
Crude futures rallied nearly 3% March 11 amid a rising tide of bullish sentiment fueled by improved second-half 2021 outlooks. In its closely watched Monthly Oil Market Report released March 11, OPEC revised up its forecast of 2021 oil demand by 220,000 b/d to 96.27 million b/d, but said the recovery would be backloaded in […]
UAE extends ban on Nigeria flights to March 20
The United Arab Emirates has extended its ban on Nigerian flights till March 20. A statement from the public relations firm for Emirates made available to our correspondent said customers from both Abuja and Lagos would not be accepted for travel prior to or including this date. The statement said, “In line with government directives, […]
Nigerian Stock Exchange becomes public company 11 years after
……The shift makes the NSE the 57th exchange in the world to embrace such a transformation since Sweden’s Stockholm Stock Exchange piloted the move in 1993. The Nigerian Stock Exchange (NSE) will henceforth run as a public company limited by shares, rather than a private company limited by guarantee of owners or members after consummating […]
Aniebonam calls for return of SON to Ports
By Foster Obi Founder of the National Association of Government Approved Freight Forwarders (NAGAFF), Dr. Boniface Okechukwu Aniebonam has once again highlighted the need for the return of officials of the Standards Organisation of Nigeria (SON) to the nation’s seaports to ensure efficient and effective stoppage of fake and substandard products from entering Nigeria. A […]
Ibori Loot Should Be Returned To Delta Govt, Says Falana
Human rights lawyer and a Senior Advocate of Nigeria, Femi Falana, has called for the return of the £4.2million looted by ex-Delta State Governor, James Ibori back to the Niger Delta state. Falana made the call on Wednesday during an interview on Channels Television’s Politics Today, noting that the Federal Government cannot lay claim to […]
Two out of five bank workers are contract staff says NBS
Two out of every five people working in Nigerian banks are contract staff, analysis of data provided by the National Bureau of Statistics has shown. According to the NBS, as of the end of September 2020, 23 banks operating in employed a total of 95,888 workers. Out of this number, 40,382 of them were contract […]
Nigeria records worst trade deficit in two decades
The value of trade in the fourth quarter was the highest recorded over the past year, the NBS said. Nigeria recorded its worst trade deficit in at least 20 years in the fourth quarter of 2020, a report by the National Bureau of Statistics (NBS) has shown. According to the 2020 fourth quarter Foreign Trade […]