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EU backs Okonjo-Iweala for WTO job
European Union governments will support the Nigerian and South Korean candidates to lead the World Trade Organisation as the race enters its final month, Bloomberg reports.
EU member-country envoys agreed on Monday in Brussels…
World Bank extends funding support for Community, Social Development Project in Nigeria
The World Bank has extended its funding support for the implementation of the Community and Social Development Project (CSDP) in Nigeria.
The CSDP is a community-driven development project aimed at improving access to services…
IMF approves aid for 28 poorest countries
The International Monetary Fund on Monday approved new emergency aid for 28 of the world’s poorest countries to help them alleviate their debt and better cope with the impact of the coronavirus pandemic.
The announcement, which…
COVID-19 will contract Africa’s GDP by $37bn – IATA
The International Air Transport Association (IATA) has said the economic impact of the coronavirus pandemic in the aviation industry will contract Africa's Gross Domestic Product (GDP) by over $37 billion.
About 4.5 million…
Agbakoba writes Buhari on need for new revenue sources
A former National President of the Nigerian Bar Association, Olisa Agbakoba, SAN, has written to President Muhammadu Buhari, on the need to develop new revenue sources for the country.
In the letter dated October 3, 2020, and…
Why Nigeria cannot sell petrol lower than Saudi Arabia, Egypt, others by Lai Mohammed
Nigeria's Minister of Information and Culture, Alhaji Lai Mohammed, has justified the comparison made by President Muhammadu Buhari on fuel prices between Nigeria, Saudi Arabia and other countries in his 2020 Independence Day…
NAICOM ‘ll not fail Nigerians – Commissioner
The Commissioner for Insurance, Sunday Thomas, says the leadership of the National Insurance Commission,NAICOM,will not fail President Muhammed Buhari and Nigerians.
Thomas made this assertion at the just concluded 2020 NAICOM Seminar for…
WTO Job: Okonjo-Iweala, four others know fate next week
Nigeria’s Ngozi Okonjo-Iweala and four other candidates presently jostling for the job of director-general of the World Trade Organisation will know their fate next week, according to AFP.
The other four candidates are, Kenya’s…
NAICOM to unveil IT guidelines for insurance sector
Guidelines on Information Technology that will revolutionise insurance operations would be unveiled very soon.
The Commissioner for Insurance, Sunday Thomas disclosed this at the dinner for Insurance Journalists, who are in Uyo…
Removal of fuel subsidy, a step in the right direction says Sanusi
Even as Nigerians continue to lament the recent hike in the price of petrol occasioned by the removal of subsidy on petroleum products, Deposed Emir of Kano and former governor of the Central Bank of Nigeria (CBN), Sanusi Lamido on Thursday…