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The Trade Union Congress (TUC) has called on the Central Bank of Nigeria (CBN) and the Nigeria Customs Service (NCS) to grant the Nigerian National Petroleum Company Limited (NNPCL) a special foreign exchange rate. TUC President Festus Osifo, in an interview with Channels Television, said the special foreign exchange rate would significantly lower the cost…
6 mins ago
A slick video by Catherine, Princess of Wales, announcing that her chemotherapy has finished marks a dramatic shift in communications for the British royal family, media and commentators said Tuesday. Kate, as she is widely known, posted the three-minute footage on social media on Tuesday, some six months after she dramatically revealed in another video…
14 mins ago
Motorists and commuters plying the Abuja Airport Road are currently facing a herculean task as a fallen trailer has caused a serious traffic gridlock. The incident, which happened adjacent to the ShopRite area on the popular road, has left motorists trapped for the last three hours. When our correspondent passed the area at around 12:02…
17 mins ago
A UN spokesman on Tuesday said flooding has affected Sudan and Chad, while drought has affected Lesotho, another African country. Stephane Dujarric, the chief spokesman for UN Secretary-General Antonio Guterres, made the announcement at the UN Office for the Coordination of Humanitarian Affairs (OCHA) ‘s daily briefing. He said OCHA has warned that heavy rains…
17 mins ago
As rising inflation, hardship, foreign exchange losses and other macroeconomic challenges take a toll on investment in the capital market, retail investors have renewed calls for the regulator to intervene and recover over N700 billion investors' funds trapped in private placement since after the 2008-2009 global financial crisis.
48 mins ago
The Nigerian Hunters and Forest Security Service (NHFSS) has rescued another kidnapped victim and recovered stolen vehicles in Anambra State, barely three weeks after a similar operation in the area. NHFSS's Southeast Zonal Commander, Mark Okemefuna Okonkwo, said the latest rescue operation occurred on Sunday, September 8, along the Nri-Enugwu-Ukwu road, where a woman was…
52 mins ago
The Nigerian Institute of Public Relations (NIPR), has appointed Dr Jossy Nkwocha of Indorama Petrochemicals, as Chairman of its Energy Hub Management Committee. Nkwocha, Group Head, Corporate Communications, Indorama Eleme Petrochemicals and Fertilizer Group, will lead a four-member committee towards achieving an enhanced stakeholders’ relationship within the oil and gas sector. The appointment is contained…
57 mins ago
The National Assembly has been urged to throw its weight behind 'Made in Nigeria' products and services to create
1 hour ago
The Yobe government says it will partner with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), to enhance job creation for unemployed graduates. Gov. Mai Mala Buni stated this during a courtesy visit by the Director-General of the agency, Mr Charles Odii, on Monday in Damaturu. Buni said that he was personally worried…