Home / Business and Economy (page 63)

Business and Economy

774,000 jobs: Labour Minister Ngige apologizes to N’Assembly …As Lawan voids implementation efforts by Ministry

  The Minister of Labour, Productivity and Employment, Senator Chris Ngige has apologized to the leadership of the National Assembly over last week’s face-off between the Minister of State For Labour, Festus Keyamo and the joint Senate and House Committees on Labour, Productivity and Employment. The Minister tendered an apology …

Read More »

CACOVID donates N1.4bn medical equipment, additional 26,400 test kits, to boost COVID-19 testing across Nigeria  

The private sector-led Coalition against COVID-19 (CACOVID) has donated N1.4 billion worth of medical supplies and additional 26,400 test kits sufficient to set up six fully functional COVID-19 medical laboratories in the fight against the pandemic. Presenting the test kits and medical equipment at the Nigeria Centre for Disease Control, …

Read More »

Maritime training: Navy, NIMASA to align curricula   ·  Navy vital to achievement of our mandate – Jamoh

Plans are at an advanced stage to harmonise the training procedures of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy for the improved safety and security of the country’s maritime space. This was revealed in Lagos, when the Director-General of NIMASA, Dr. Bashir Jamoh, played host …

Read More »

Order probe of over N300bn missing public funds within 14 days, SERAP tells Buhari

Socio-Economic Rights and Accountability Project (SERAP) has given President Muhammadu Buhari 14 days to “direct the Attorney General of the Federation and Minister of Justice Mr Abubakar Malami, SAN, and appropriate anti-corruption agencies to urgently investigate allegations that over N300bn of public funds are missing, mismanaged, diverted or stolen, as …

Read More »

President Buhari Appoints Prof Adesoji Adesugba as MD, Nigeria Export Processing Zones Authority 

President Muhammadu Buhari has approved the appointment of Professor Adesoji Adesugba as the new Managing Director of Nigeria Export Processing Zones Authority(NEPZA), a parastatal under the Federal Ministry of Trade and Investment. The President’s approval was given in a letter addressed to the Minister, dated 26th June, 2020 and signed …

Read More »

CBN disowns fake Twitter handle

ABUJA The Central Bank of Nigeria (CBN) has described as fraudulent the operations of a twitter handle, @YusufPhilipYila, purported to belong to the Bank’s Director, Development Finance Department, Mr. Philip Yila Yusuf. According to CBN’s Director of Corporate Communications, Isaac Okorafor, the impostor handle has been posting messages related to …

Read More »

 Maritime: Nigeria developing policies to improve seafarers training, certification, remuneration    … Seafarers are Key to Humanity’s Survival, Wellbeing Amid COVID-19-Jamoh … As NIMASA  gives palliatives to Seafarers

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has disclosed that there are policies in the pipeline to improve the quality of training and certification, as well as remuneration for the country’s seafarers. Jamoh stated this on Thursday in Lagos during a webinar hosted by …

Read More »

NNPC produces 218.37 billion Cubic Feet (BCF) of natural gas in March … Records 47 per cent decrease in pipeline vandalism

  The Nigerian National Petroleum Corporation (NNPC) has said that 218.37 billion Cubic Feet (BCF) of natural gas was produced in March 2020, translating to an average daily production of 7493.65Million Standard Cubic Feet per Day (mmscfd). This was contained in NNPC Monthly Financial and Operations Report for March, 2020, …

Read More »

Maritime: Deep Blue Project to secure all anchorage areas – FG 

… NIMASA, NPA agree on wreck removal to ease navigation … Jamoh, Hadiza reiterate commitment to Floating Dock commencing operation July The Federal Government has concluded arrangements to make the Integrated National Security and Waterways Protection Infrastructure, also called the Deep Blue Project, the central security structure for all anchorage areas in …

Read More »

Nigeria begins trial of pirates under new law   • Our waters now safer for shipping, says NIMASA Director-General

  • Agency mulls incentives for maritime sector, assures of CVFF disbursement soon • You Have Our Full Support – President, Guild Of Editors Aiming to rid Nigeria’s waterways of criminalities and reassure the global community that it is getting on top of the security issues in its maritime domain, …

Read More »

Oramah’s re-election as Afreximbank President reward for hard work, says Obi

Vice Presidential Candidate of Peoples Democratic Party (PDP) in the 2019 election, Mr. Peter Obi, has described the re-election of Prof. Benedict Oramah as the President of African Export-Import Bank (Afreximbank), as an obvious reward for hard work. In a press release on Thursday, Obi congratulated Prof. Benedict Oramah, saying …

Read More »