The Federal Competition and Consumer Protection Commission (FCCPC) has assured pay television service subscribers in the country of its plan to review recent price hike by MultiChoice, the services’ provider, of its cable subscriptions to ensure subscribers in Nigeria get value for their money. Recall that the leading pay TV operator, recently announced increase in […]
Economy News Extra
AU, ILO Partner To Promote Decent Work, Social Justice In Africa
The AU-ILO Joint Planning Meeting held on 8 April 2024 in Addis Ababa, Ethiopia, has reassured on the strengthening of the collaboration and coordination between the African Union (AU) and the International Labour Organization (ILO) to promote decent work and social justice in the continent. The joint planning meeting featured 20 representatives from both institutions […]
Gov Abiodun Appoints Onakoya Ogun Sports Ambassador
Ogun State Governor, Prince Dapo Abiodun has appointed Mr. Tunde Onakoya, the National Master of Chess and the current Guinness World Record Holder for the longest Chess Marathon in history, the Sports Ambassador of the State. Abiodun, who made this known on Thursday when he received Onakoya in his office at Oke-Mosan, Abeokuta, also spoke […]
Statistician-General Solicits Stakeholders’ Inputs To Draft NSDS Phase III
The Statistician-General of the Federation/Chief Executive Officer of the National Bureau of Statistics (NBS), Prince Adeyemi Adeniran, has called on stakeholders in the Nigerian statistical system to support the current efforts of the Bureau to finalize the Draft National Strategy for the Development of Statistics (NSDS) 2024 – 2028 by making useful inputs into the […]
BPE Seeks NLC’s Collaboration On Privatisation Process
The Bureau of Public Enterprises (BPE) has expressed its readiness to collaborate with the Nigeria Labour Congress (NLC) in its current reforms and privatisation programme of the Federal Government. The Acting Director-General of the Bureau, Mr. Ignatius Ayewoh, made this remark when he recently paid a courtesy visit to the President of the labour union, […]
CAC Revokes NIPOST Subsidiaries’ Registration Certificates
The Corporate Affairs Commission (CAC) has revoked the certificates of incorporation of NIPOST Properties and Development Company and NIPOST Transport and Logistics Services Limited. The revocation of the affected entities’ registration certificates was sequel to the discovery of an alleged illegal transfer of N10 billion in restructuring funds released by the Federal Ministry of Finance […]
NASENI, Nasarawa Govt, Firm To Build Tractor Manufacturing Plant
The National Agency for Science and Engineering Infrastructure (NASENI) has opened discussions with Nasarawa State Government and Bobtrack Tractors, a division of Saint Bob Motors Limited, on the manufacturing and assembling of tractors in the North-Central geopolitical zone. A statement issued on Monday by the agency’s Director, Information, Segun Ayeoyenikan, on the multibillion Naira project […]
Nigeria’s Child Labour Rate Hits 24.67Mn – Report
The latest report by the National Bureau of Statistics (NBS) and the International Labour Organisation (ILO) released on Thursday indicated that over 24 million Nigerian children between the ages of 5 to 17 were engaged in child labour. According to the report titled ‘Nigeria Forced Labour Survey 2022’ a total of 24,673,485, representing 39.2% of […]
NESG Holds 2024 AGM, Reappoints Board Of Directors
The Nigerian Economic Summit Group (NESG) held its Annual General Meeting (AGM) on Tuesday in Lagos to review the year ended December 31st 2023. Speaking at the meeting which featured the presentation of the group’s year-end financial statement and re-appointment and ratification of its board directors, Chairman of the Board of Directors of the NESG, […]
NCAA Suspends Three Private Jet Operators’ Licences
The Nigerian Civil Aviation Authority (NCAA) has suspended the Permits for Non-Commercial Flights (PNCF) licences of three private jets for engaging in commercial operations. Acting Director-General of the NCAA, Captain Chris Najomo, announced the suspension in a visual press release posted on the official NCAA X (formerly Twitter) account on Tuesday. According to him, the […]