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The Federal Executive Council (FEC) has approved N8.6 billion for the construction of vaccine laboratory, text kits for HIV/AIDS and procurement of medical equipment. The Minister of Health, Dr Osagie Ehanire, announced this when he briefed State House correspondents on the outcome of the Council meeting chaired by President Muhammadu Buhari in Abuja on Wednesday.…
July 14, 2021
In a determined move to attract further global businesses including investment and trade to Nigeria positively, Nigeria's Ambassador to Thailand, His Excellency, Ambassador Oma Djebah recently hosted the President of Amazie World Business Group, Dr Parameewath Wistananant and the company's multinational Director, Arrington Simichai, at the Embassy of Nigeria, Bangkok. The high-level meeting focused on…
July 14, 2021
Mrs. Yemisi Edun has been confirmed as the substantive Managing Director/Chief Executive Officer of First City Monument Bank (FCMB), becoming the first female boss at the new generation bank. With the appointment, the bank's Board of Directors has finally eased out its former MD, Mr Adam Nuru, who was suspended in January over corporate governance…
July 13, 2021
A report by the Nigerian Investments Promotion Commission (NIPC) has revealed that the foreign investors' interest in Nigeria declined by 27.5% in the first quarter of 2021. According to the report, Nigeria received about $8.4bn investment announcement as of 4th March 2021. $5.46bn out of the total $8.4bn was pledged by foreign investors, while the…
July 12, 2021
The Federal Inland Revenue Service (FIRS) on behalf of the Nigerian Government has ordered some commercial banks in the country to freeze bank accounts belonging to Messrs Multi-Choice Africa (MCA), the parent Company of Multi-Choice Nigeria (MCN) over an alleged tax fraud up to the tune of N1.8 trillion. FIRS revealed that MCA owners of…
July 8, 2021
...Bill Negates Nigeria’s Commitment To Paris Agreement Fault PIB For Giving Oil Companies Overriding Power To Nominate All Members of BoT of Host Communities Call For Deletion Of Clause Seeking To Make Communities Forfeit Benefits Over Act Of Vandalism The Nigerian government has been urged to abandon its aggressive search for oil in the propped-up…
July 7, 2021
The Organisation of Petroleum Exporting Countries (OPEC) has commended President Muhammadu Buhari and the National Assembly on the passage of the Petroleum Industry Bill by the National Assembly. OPEC Secretary-General, Dr Mohammad Barkindo, gave the commendation at the ongoing 20th Nigeria Oil and Gas Conference (NOG) in Abuja, on Tuesday. The theme of the conference…
July 6, 2021
It’s Satanic, unjust, embarrasing – E.K. Clark It’s totally unacceptable -- UPU, Others HOSTCON Hails Passage, Asks NASS To Review Host Community Fund Quota Leaders Criticize 30% Provision for Oil Search In the Frontier Basins Several provisions contained in the Petroleum Industry Bill, (PIB) passed into law by the National Assembly on Thursday, July 1,…
July 5, 2021
Jeff Bezos, the American business magnate, who is founder and chief executive officer (CEO) of one of the world’s largest technological organisations Amazon, will step down from the top position on Monday. The chief of Amazon Web Services, Andy Jassy, will become the new CEO. However, Bezos, 57, will retain a crucial role as the…
July 5, 2021
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The Federal Executive Council (FEC) has approved N8.6 billion for the construction of vaccine laboratory, text kits for HIV/AIDS and procurement of medical equipment. The Minister of Health, Dr Osagie Ehanire, announced this when he briefed State House correspondents on the outcome of the Council meeting chaired by President Muhammadu Buhari in Abuja on Wednesday.…
July 14, 2021
In a determined move to attract further global businesses including investment and trade to Nigeria positively, Nigeria's Ambassador to Thailand, His Excellency, Ambassador Oma Djebah recently hosted the President of Amazie World Business Group, Dr Parameewath Wistananant and the company's multinational Director, Arrington Simichai, at the Embassy of Nigeria, Bangkok. The high-level meeting focused on…
July 14, 2021
Mrs. Yemisi Edun has been confirmed as the substantive Managing Director/Chief Executive Officer of First City Monument Bank (FCMB), becoming the first female boss at the new generation bank. With the appointment, the bank's Board of Directors has finally eased out its former MD, Mr Adam Nuru, who was suspended in January over corporate governance…
July 13, 2021
A report by the Nigerian Investments Promotion Commission (NIPC) has revealed that the foreign investors' interest in Nigeria declined by 27.5% in the first quarter of 2021. According to the report, Nigeria received about $8.4bn investment announcement as of 4th March 2021. $5.46bn out of the total $8.4bn was pledged by foreign investors, while the…
July 12, 2021
The Federal Inland Revenue Service (FIRS) on behalf of the Nigerian Government has ordered some commercial banks in the country to freeze bank accounts belonging to Messrs Multi-Choice Africa (MCA), the parent Company of Multi-Choice Nigeria (MCN) over an alleged tax fraud up to the tune of N1.8 trillion. FIRS revealed that MCA owners of…
July 8, 2021
...Bill Negates Nigeria’s Commitment To Paris Agreement Fault PIB For Giving Oil Companies Overriding Power To Nominate All Members of BoT of Host Communities Call For Deletion Of Clause Seeking To Make Communities Forfeit Benefits Over Act Of Vandalism The Nigerian government has been urged to abandon its aggressive search for oil in the propped-up…
July 7, 2021
The Organisation of Petroleum Exporting Countries (OPEC) has commended President Muhammadu Buhari and the National Assembly on the passage of the Petroleum Industry Bill by the National Assembly. OPEC Secretary-General, Dr Mohammad Barkindo, gave the commendation at the ongoing 20th Nigeria Oil and Gas Conference (NOG) in Abuja, on Tuesday. The theme of the conference…
July 6, 2021
It’s Satanic, unjust, embarrasing – E.K. Clark It’s totally unacceptable -- UPU, Others HOSTCON Hails Passage, Asks NASS To Review Host Community Fund Quota Leaders Criticize 30% Provision for Oil Search In the Frontier Basins Several provisions contained in the Petroleum Industry Bill, (PIB) passed into law by the National Assembly on Thursday, July 1,…
July 5, 2021
Jeff Bezos, the American business magnate, who is founder and chief executive officer (CEO) of one of the world’s largest technological organisations Amazon, will step down from the top position on Monday. The chief of Amazon Web Services, Andy Jassy, will become the new CEO. However, Bezos, 57, will retain a crucial role as the…
July 5, 2021
