James Cleverly, the United Kingdom foreign secretary, on Wednesday, said the UK is eager to see an early return of peace to the troubled Niger Republic. Cleverly, speaking with State House journalists after meeting with President Bola Tinubu at the Presidential Villa, Abuja, said: “I made the point that the UK very much welcomes ECOWAS’ …
The government of Niger saw its credit ratings downgraded deeper into junk territory by Moody’s Investors Service amid economic and financial sanctions occasioned by last week’s military coup. The global credit rating agency cut Niger’s long-term foreign and local currency issuer ratings two notches to ‘Caa2’ from ‘B3’ and warned that another downgrade is possible. …
Moody’s cuts Niger deeper into junk amid ECOWAS’ sanctions Read More »
The Oil and Gas Free Zones Authority (OGFZA) remitted N138.9 billion to the federal government between 2018 and 2021, as part of its impactful contributions to the economy. The N138.9 billion was generated from customs duty for goods exported from free zones to custom’s territory (N119 billion), withholding tax (N10.4 billion) and value added tax …
Nigeria’s official foreign exchange (FX) market, known as the Investors’ and Exporters’ (I&E) forex window, on Wednesday recorded 6.01 percent gain despite continued dollar shortage. The market has continued to witness shortage of dollars following low inflows from oil proceeds, remittances, and foreign capital, among others. After trading on Wednesday, the dollar was quoted at …
Official FX market records 6.01% gain amid dollar shortage Read More »
Investment One Financial Services Limited, a leading financial services company, continues to set new benchmarks in the financial industry with its unparalleled success. Over the past 15 years, the company has achieved remarkable milestones, ranging from closing major deals and embracing technology transformation to driving constant innovation and expanding its international presence. Investment One’s unwavering …
Investment One: A trailblazer in the financial services industry Read More »
Nigeria has cut its electricity supply to Niger after West African neighbors imposed sanctions on the junta that ousted the country’s elected leader last week, a Niger power company source said Wednesday. “Since yesterday, Nigeria has disconnected the high-voltage line transporting electricity to Niger,” a source at Niger’s power company Nigelec told AFP. Niger depends …
Babajide Sanwo-Olu, Governor of Lagos State has ordered an investigation into the cause of the mechanical failure that led to the death of Diaso Vwaere, a junior doctor who was practicing housemanship at the General Hospital, Odan, Lagos Island. Vwaere died after the elevator she was riding in within the hospital junior quarters malfunctioned and …
Elevator death: Sanwo-Olu orders probe of mechanical fault Read More »
Bosun Tijani, CcHub co-founder and 18 others make the fresh list in the second batch of ministerial nominees’ from President Bola Ahmed Tinubu. This second batch of ministerial nominees was submitted at precisely 03:19 pm, following the initial list of 28 nominees that Femi Gbajabiamila, Chief of Staff to the President presented last week. Tijani …
Bosun Tijani, CcHub co-founder, makes Tinubu’s ministerial list Read More »
With the addition of two more women to the already existing seven women in the ministerial list nominated by President Bola Tinubu, the percentage now stands at 19.1 out of the total 47. The proportion of women on the ministerial list falls short of the 35 percent Affirmative Action. In the first list, seven (25 …
19% of all Tinubu’s ministerial nominees are women Read More »
The Assistant Comptroller General of Nigeria Customs Service (NCS), Mohammed Auwal, says compliance is the bedrock of port efficiency. Auwal said this at a farewell session with senior officers of the command on Wednesday in Lagos. The News Agency of Nigeria (NAN) reports that Auwal until July 28, was the Customs Area Controller of Apapa …
Compliance, bedrock of port efficiency – Customs Read More »