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Climate activists in Africa have described the new Africa Carbon Markets Initiative (ACMI) launched at the COP27 in Sharm El-Sheikh, Egypt on November 8 as a further distraction from the real solution to climate change. The ACMI has a 13-member steering committee of African leaders, CEOs, and carbon credit experts, who believe the initiative will…
November 9, 2022
In December, Iran expects to sign an energy agreement with Russian gas giant Gazprom worth around $40 billion, a senior Iranian diplomat was quoted as saying on Wednesday. “We have concluded an agreement worth about $6.5 billion with Gazprom. We hope that the remaining agreements totaling to $40 billion will be signed next month. The…
November 2, 2022
Aviation workers under the aegis of the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) and Bi-Courtney Aviation Services Limited (BASL), the operators of the terminal have reached a truce. Consequently, the ATSSSAN has called off the strike embarked upon to protest the sacking of 34 workers paving the way for the resumption of…
November 2, 2022
Says Govt Should Get Out Of Company, Oil Sector Despite a change in its nomenclature, nothing has changed in terms of value addition and transparency since the Federal Government commercialised the Nigerian National Petroleum Corporation Limited (NNPCL), transforming it to a private company, Kaduna State Governor, Nasir El-Rufai has said. Governor El-Rufai explained that government's…
October 13, 2022
Debt Servicing To Gulp N6.31trn Pegs Oil Benchmark at $70pb; Oil Production -- 1.67 million barrels per day In what marked his last budget presentation in office, President Muhammadu Buhari on Friday laid before the two chambers of the National Assembly, the proposed N20.51 trillion budget for the 2023 financial year, axing provisions for the…
October 7, 2022
Leading Climate Activist, Nnimmo Bassey has faulted proposal and arguments advanced in support of a Debt-For-Climate (DFC) swap deal as solution to Nigeria’s debt crisis. The New Diplomat recalls that Vice-President Yemi Osinbajo while delivering a lecture at the Center for Global Development in Washington D.C, United States (U.S.) in early September, had said the…
September 24, 2022
..Bash National Water Bill Sanwo-Olu Reacts To Lagos Water Crisis The Amalgamated Union of Public Corporations Civil Service Technical and Recreational Services Employees (AUPCTRE) and Corporate Accountability and Public Participation Africa (CAPPA), have raised fresh alarm on what they called attempt by some individuals in government to 'stifle' public waterworks in their bid to impose…
September 21, 2022
The Nigerian Exchange Group Plc (NGX Group) has said it remains committed to the highest level of corporate governance with the overriding interest of maximising value for its shareholders. The NGX Group stated this as it cleared the air on the appointment of its Chairman as well as Managing Director/Chief Executive Officer in its September…
September 21, 2022
The proposed 5 per cent excise duty on telecommunication services has been suspended by the Federal Government. This was made known by the Minister of Communications and Digital Economy, Isa Pantami, on Monday during the inaugural meeting of the Presidential Committee on Excise Duty for the Digital Economy Sector in Abuja. The minister asserted that…
September 6, 2022
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Climate activists in Africa have described the new Africa Carbon Markets Initiative (ACMI) launched at the COP27 in Sharm El-Sheikh, Egypt on November 8 as a further distraction from the real solution to climate change. The ACMI has a 13-member steering committee of African leaders, CEOs, and carbon credit experts, who believe the initiative will…
November 9, 2022
In December, Iran expects to sign an energy agreement with Russian gas giant Gazprom worth around $40 billion, a senior Iranian diplomat was quoted as saying on Wednesday. “We have concluded an agreement worth about $6.5 billion with Gazprom. We hope that the remaining agreements totaling to $40 billion will be signed next month. The…
November 2, 2022
Aviation workers under the aegis of the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) and Bi-Courtney Aviation Services Limited (BASL), the operators of the terminal have reached a truce. Consequently, the ATSSSAN has called off the strike embarked upon to protest the sacking of 34 workers paving the way for the resumption of…
November 2, 2022
Says Govt Should Get Out Of Company, Oil Sector Despite a change in its nomenclature, nothing has changed in terms of value addition and transparency since the Federal Government commercialised the Nigerian National Petroleum Corporation Limited (NNPCL), transforming it to a private company, Kaduna State Governor, Nasir El-Rufai has said. Governor El-Rufai explained that government's…
October 13, 2022
Debt Servicing To Gulp N6.31trn Pegs Oil Benchmark at $70pb; Oil Production -- 1.67 million barrels per day In what marked his last budget presentation in office, President Muhammadu Buhari on Friday laid before the two chambers of the National Assembly, the proposed N20.51 trillion budget for the 2023 financial year, axing provisions for the…
October 7, 2022
Leading Climate Activist, Nnimmo Bassey has faulted proposal and arguments advanced in support of a Debt-For-Climate (DFC) swap deal as solution to Nigeria’s debt crisis. The New Diplomat recalls that Vice-President Yemi Osinbajo while delivering a lecture at the Center for Global Development in Washington D.C, United States (U.S.) in early September, had said the…
September 24, 2022
..Bash National Water Bill Sanwo-Olu Reacts To Lagos Water Crisis The Amalgamated Union of Public Corporations Civil Service Technical and Recreational Services Employees (AUPCTRE) and Corporate Accountability and Public Participation Africa (CAPPA), have raised fresh alarm on what they called attempt by some individuals in government to 'stifle' public waterworks in their bid to impose…
September 21, 2022
The Nigerian Exchange Group Plc (NGX Group) has said it remains committed to the highest level of corporate governance with the overriding interest of maximising value for its shareholders. The NGX Group stated this as it cleared the air on the appointment of its Chairman as well as Managing Director/Chief Executive Officer in its September…
September 21, 2022
The proposed 5 per cent excise duty on telecommunication services has been suspended by the Federal Government. This was made known by the Minister of Communications and Digital Economy, Isa Pantami, on Monday during the inaugural meeting of the Presidential Committee on Excise Duty for the Digital Economy Sector in Abuja. The minister asserted that…
September 6, 2022
