THE National Agency for Food and Drug Administration and Control (NAFDAC) has announced a 65% reduction in registration renewal fees for Micro, Small and Medium Enterprises (MSMEs). The Agency disclosed this in a statement signed by its Director-General, Prof. Mojisola Adeyeye. NAFDAC also outlines other measures to enhance the ease of doing business in Nigeria […]
DELTA State Commissioner for Oil and Gas, Olorogun Vincent Oyibode has identified with Koko indigenes in Warri North Local Government Area who lost their jobs in recent times. It was as a result of the closure of Ebenco Global Link Limited by Tantita Security outfit over unproven allegation of oil theft. Koko indigenes trooped out […]
THE Naira on Monday lost against the Dollar as it exchanged at N773.50 at the Investors and Exporters window. The local currency depreciated by 7.08 per cent against the N736.62 it exchanged for the dollar on September 8. The open indicative rate closed at N771.49 to the Dollar on Monday. A spot exchange rate of […]
THE Supreme Court has ordered the circulation of the old naira notes alongside the new ones until December 31. In a unanimous judgment, a seven-member panel of justices presided by Justice Inyang Okoro on Friday held that the directive by President Muhammadu Buhari to the Central Bank of Nigeria (CBN) for the redesigning and withdrawal […]
THE Delta State Petroleum Products Monitoring Committee constituted to ensure product’s availability and appropriate pricing across the state has commenced work with an unscheduled visit to fuel stations in Asaba, the state capital. Rising from its inaugural meeting, the Team led by its Chairman and State Commissioner for Oil and Gas, Prince Emman Amgbaduba visited […]
A consultant Neuro-psychiatrist, Dr Jimoh Adejumo, has said that economic hardship coupled with the level of insecurity in the country might likely inflict mental illness on more Nigerians. Adejumo, who works with the Federal Neuro-psychiatric Hospital, Yaba, disclosed this to Newsmen on Thursday in Lagos. According to her, these include inflation, poverty, child abuse, rape, […]
NIGERIAN Small and Medium Enterprises, SME, recently received a boost with the establishment of an annual SME Academy by Procter & Gamble, P&G, Nigeria in partnership with the Bank of Industry and the Federal Ministry of Industry, Trade, and Investment, FMIT. The programme is also the continuation of the agreement made with the Federal Government […]
THE Nigerian Content Development and Monitoring Board, NCDMB and the Nigeria Liquified Natural Gas Limited, will set up a tactical team comprising nominees from both organizations to drive closer collaboration on projects, ensure compliance with Nigerian Content obligations and promote other strategic alliances for the good of the nation’s economy. This decision was reached, Wednesday, […]
THE revenue inflow to the federation account from the oil and non-oil sector increased by 3.28 percent to N1.26 trillion in July 2022 from the N1.22 trillion recorded in June. According to the details in the revenue report of the office of the Accountant General of the Federation, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) […]
THE Chief Enterprise Business Officer, MTN Nigeria, Mrs Lynda Saint-Nwafor, on Thursday said the the adoption of 5G technology would accelerate operational efficiencies for businesses in the country. Saint-Nwafor, made the assertion at the Nigeria-South Africa Chamber of Commerce (NSACC) August Breakfast meeting in Lagos. THE News Agency of Nigeria (NAN) reports that MTN on […]