The Federal Government in collaboration with the World Bank have commenced the process to rebase Nigeria’s Gross Domestic Product. Experts describe GDP as the final value of the goods and services that are produced within a nation’s geographic boundaries during a specified period of time, normally within a year. The growth rate of nation’s GDP […]
Ford Motor Co said on Thursday it will recall 3 million vehicles for air bag inflators that could rupture, at a cost of $610 million. U.S. National Highway Traffic Safety Administration on Tuesday ordered Ford to issue the recall for driver-side air bag inflators, rejecting the automaker’s 2017 petition to avoid it. The defect, which […]
By Foster Obi At the end of a review meeting on 18thJanuary 2021, the Technical Implementation Committee under the Ministerial Task Force has reported significant progress in the ongoing NIN-SIM linkage exercise. A statement signed by Dr. Ikechukwu Adinde, Director Public Affairs, Nigerian Communications Commission (NCC) noted that so far a total of 47.8 million […]
Joe Biden’s top aide said Saturday the incoming president would sign about a dozen executive orders on his first day in office, as police fearing violence from Trump supporters staged a nationwide security operation ahead of the inauguration. Authorities in Washington, where Wednesday’s inauguration will take place, said they arrested a man with a loaded […]
The Federal Government said it will have no option other than to impose a fresh lockdown on the country if the rising cases of Covid infections recorded lately continue. The National Coordinator of the Presidential Task Force on Covid-19, Sani Aliyu, stated this during a briefing in Abuja. The PUNCH had earlier reported that the […]
The Golden Eaglets will open their qualifying campaign for the U17 AFCON in Togo on Wednesday against Cote d’Ivoire. The Group B match is slated for 4pm local time at Stade Municipal in Lome. The Nigeria U17s will play their final group game against arch-rivals Ghana three days later at the same venue. The semifinals […]
The Central Bank of Nigeria (CBN), 9mobile, Ecobank and Sanef, have offered a road map towards deepening financial inclusion in the country. They unveiled the roadmap during a virtual Forum Series organised by Ecobank and Vanguard with focus on Mobile Payment Innovation and Closing the Financial Inclusion Gap – post COVID-19. CBN Director, Payment System, […]
…Buhari fulfilling long national dream – transport minister …It’s a new dawn for maritime – Jamoh By Foster Obi As Nigeria gets set to deploy maritime security assets acquired under the Integrated National Security and Waterways Protection Infrastructure, also called the Deep Blue Project, Minister of Defence, Maj-Gen. Bashir Salihi Magashi (rtd), who is Chairman […]
Draft amendments to the MARPOL convention would require ships to combine a technical and an operational approach to reduce their carbon intensity. Draft new mandatory regulations to cut the carbon intensity of existing ships have been approved by the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC), meeting in virtual session from 16-20 November […]
By Foster Obi Ikeja Electric said it has commenced the rollout of Prepaid Meters under the National Mass Metering Programme, approved by the Federal Government, with effect from Friday, October 30, 2020 A statement by the company said that this programme is part of Federal Government’s effort to further bridge the country’s metering gap and […]