The Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum, has said that the Steering and Programme Coordinating Committees of the Nigeria-United Nations Industrial Development Organisation (UNIDO) Country Programme (CP) 2018 – 2022, will move fast in ensuring timely and effective implementation of the programme. A statement issued by the ministry’s Assistant Director, […]
Economy News Extra
Chamber Tasks African Govts On Measures To Grow Energy Sector
The African Energy Chamber’s Regulatory Affairs Committee has canvassed a three-point policy measure required for implementation by African governments to stimulate African energy sectors growth in spite of the COVID-19 pandemic ravages on various sectors of the continent’s economies. The recommendations derived from chamber’s Regulatory Committee’s first meeting of the year to discuss regulatory matters […]
Nigeria’s Inflation Rate Hits 16.47% In January, Highest In 33 Months
The National Bureau of Statistics (NBS) reported on Tuesday that Nigeria’s inflation rate rose to 16.47% in January this year from 15.75% in December 2020, representing the highest rate in the past 33 months. The report published by the Bureau on its website indicated that food inflation rose to 20.57% in the month under review, […]
Twitter Confirms Trump’s Permanent Ban On Platform
Twitter has again confirmed that the ban on the immediate past US President, Donald Trump, will not be reversed even if he runs again for Presidency in 2024. The company’s chief financial officer, Ned Segal, told CNBC’s Squawk Box “if you are removed from the platform, you are removed from the platform.” Twitter had previously […]
Senate To Summon Emefiele, Yuguda Over Cryptocurrency Transactions’ Ban
The Senate on Thursday mandated its Committees on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market to invite the Governor of Central Bank, Godwin Emefiele, and Securities Exchange Commission (SEC) over the recent ban of Cryptocurrency transactions in Nigeria by the apex bank. The resolution was reached following the consideration of […]
Telecom/ICT Industry infrastructure Gap Will Require Over N15Trn – ATCON
The Association of Telecommunications Companies in Nigeria (ATCON) on Thursday projected that about N15 trillion would be required to finance the current infrastructure gap in the nation’s telecom/ICT industry in the next few years. The association’s President, Mr. Ikechukwu Nnamani, made the projection when he led a delegation of the association’s newly elected National Executive […]
1.4Mn Establishments Captured In Business Sample Survey So Far – Dr Kale
The Statistician General of the Federation/Chief Executive Officer of the National Bureau of Statistics (NBS), Dr. Yemi Kale, on Thursday disclosed that 1.4 million establishments had been captured in the first phase of the ongoing National Survey of Establishment (NSE) being conducted by the agency nationwide. Dr. Kale, who gave the hint during a media […]
Senate Confirms Buhari’s Nominees For NDIC Top Jobs
The Senate today confirmed the nomination of Messrs Bello Hassan and Mustapha Mohammed Ibrahim as Managing Director/Chief Executive and Executive Director (Operations) of the Nigeria Deposit Insurance Corporation (NDIC) respectively. Presenting the report on screening of the nominees to the Plenary, Chairman of Senate Committee on Banking, Insurance and Other Financial Institutions, Sen. Uba Sani, […]
Adesina Seeks Access To Vaccines, Debt Relief For African Countries
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has called for fair access to COVID-19 vaccines for Africans and debt relief for African countries to facilitate the recovery of their economies from the devastating impact of the pandemic. Adesina, who made the case for these reliefs while speaking at a virtual event […]
Canon Europe Launches New Digital Printer-Scanner
Canon Europe has announced the latest addition to its best-selling imageRUNNER ADVANCE DX portfolio, the C5800 Series – a true hub for digital transformation in effortlessly bridging physical and digital workflows to empower hybrid workforces. The latest launch is coming on the heels of its recent launch of the imagePRESS C170 Series, which provides an […]