Category: Business
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COVID-19: FG to release N4bn bailout to local airlines
The Federal Government has approved N4 billion as a bailout fund to airlines to cushion the effects of the impact of the devastation of COVID-19 on their operations. Aviation Minister, Hadi Sirika made the disclosure on Monday in Abuja at a three day public hearing to repeal and enact Acts of Nigerian Civil Aviation Authority…
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AEDC effects revised service tariff Nov. 1
The Abuja Electricity Distribution (AEDC) says it has effected the revised Service Tariff with effect from Nov.1. AEDC General Manager, Corporate Communication, Mr. Oyebode Fadipe said in a statement in Abuja on Sunday. “This is to inform our customers that with effect from Nov.1, AEDC has effected a revised Service Reflective Tariff as approved by…
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WTO: Nigeria lobbies US, others over Okonjo-Iweala’s candidacy
The Federal Government on Friday announced that it was currently reaching out to the United States and other members of the World Trade Organisation to clear all bottlenecks to the emergence of Dr. Ngozi Okonjo-Iweala, as Director-General of the WTO. Minister of State for Industry, Trade and Investment, who doubles as the Chairperson of the…
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Dr. Adebola’s appointment as ED CRIN justifies Buhari’s preference for credible technocrats — Omoluabi
Senior Special Assistant to Kogi State Governor on Political Matters, Omoluabi Bode Adeyemi has congratulated the newly appointed Executive Director, Cocoa Research Institute of Nigeria (CRIN) Dr. Patrick Olu Adebola. Omoluabi says his appointment by President Muhammadu Buhari justifies the President’s preference for credible technocrats to drive various areas of the country’s economy. The governor’s…
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WTO: Our support still with Okonjo-Iweala, says EU chief
President of the European Council, Mr Charles Michel, has reiterated Europe’s support for Nigeria’s Dr Ngozi Okonjo-Iweala as the next Director-General of the World Trade Organisation (WTO). The EU Council President made this known when he held a video conference with President Muhammadu Buhari on Friday, Vanguard reports. A statement issued by the Special Adviser…
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How US is blocking Okonjo-Iweala’s appointment as WTO DG
Key WTO ambassadors tapped Nigeria’s Ngozi Okonjo-Iweala Wednesday as the best pick to lead the organisation but she was opposed by Washington, who said it supported South Korean Trade Minister Yoo Myung-hee instead. The so-called troika of ambassadors heading the World Trade Organization’s three main branches determined after four months of consultations with member states…
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Fuel scarcity looms as long queues surface in Abuja
Long queues have surfaced across petrol stations as over 90 per cent of fuel stations are shut in the Federal Capital Territory and other states. But the spokesperson for Nigerian National Petroleum Corporation (NNPC), Kennie Obateru said there was no need for panic buying, insisting that “NNPC has over 2 billion litres of premium motor…
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BPSR rates NIMC high in service delivery scorecard
Federal Government Bureau of Public Service Reforms (BPSR) has ranked the National Identity Management Commission (NIMC) number one in the 2019/2020 service scorecard for ranking websites of Ministries, Departments and Agencies. Receiving the award, the Director General/CEO NIMC, Engr. Aliyu A. Aziz, expressed gratitude the organizing committee of BPSR for finding the Commission worthy of…
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WTO: We’re with Nigeria’s Okonjo-Iweala, EU declares
Nigerian former finance ministrer Ngozi Okonjo-Iweala picked up crucial backing from the EU on Monday in bid to lead WTO , sources said, giving her bid to become the first African head of the WTO a major boost. The World Trade Organization will announce its new director general next month, but sources said the EU…
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PENCOM Leadership: A new beginning of people-centered pension administration birthed … CSO group
Commend Predidency, Senate for appointment and confirmation A coalition of media and Civil Society Groups in Nigeria, African Media Roundtable Initiative (AMRI) has hailed the Senate for the confirmation of the appointment of the Director General of the National Pension Commission, PENCOM, Aisha Umar after her fruitful three years sojourn in acting capacity with visible…