Category: News

NPA Canvasses More Investment In Maritime Sector
June 12, 2018 No Responses

NPA Canvasses More Investment In Maritime Sector

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, has implored the private sector to take advantage of the enabling environment created by the Muhammadu Buhari administration and invest in the nation’s Maritime sector. Usman was speaking...
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ILO Boss: We Must Tackle Root Causes Of Child Labour
June 12, 2018 No Responses

ILO Boss: We Must Tackle Root Causes Of Child Labour

ILO Director-General, Guy Ryder, called for urgent action to tackle the economic root causes of child labour, pointing out that attention needs to be paid not only to global supply chains, but also to unpaid family work in agriculture. “The...
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“New Excise Duty Rates Not Targeted At Local Manufacturers”
June 11, 2018 No Responses

“New Excise Duty Rates Not Targeted At Local Manufacturers”

The new excise duty rates approved by President Muhammadu Buhari on alcoholic beverages and tobacco are not  targeted at local manufacturers, the Ministry of Finance has declared.  In a statement on Sunday the Ministry explained that the new excise duty...
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Tension As G7 summit Ends In Disarray
June 10, 2018 No Responses

Tension As G7 summit Ends In Disarray

US President Donald Trump has retracted his endorsement of the joint communique issued at the end of the G7 summit, accusing Canada of “dishonesty”. He said that other countries were imposing “massive tariffs” on the US. The joint commu...
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Buhari Appoints Shonubi CBN Deputy Governor
June 9, 2018 No Responses

Buhari Appoints Shonubi CBN Deputy Governor

President Muhammadu Buhari has approved the nomination of Mr. Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria subject to Senate confirmation. Mr. Folashodun Shonubi is currently the Managing Director of the Nigeria Inter-Bank Settl...
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Labour To Buhari: Honour Union Leaders
June 8, 2018 No Responses

Labour To Buhari: Honour Union Leaders

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has commended resolve by President Muhammadu Buhari to officially announce “June 12” as the new date to replace the traditional “May 29” as Democracy Day    National President of the...
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SIFAX Commences Ferry Service Along Ebute Ojo–Mile 2-Apapa Route
June 7, 2018 No Responses

SIFAX Commences Ferry Service Along Ebute Ojo–Mile 2-Apapa Route

SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has commenced ferry service operations from its newly-concessioned terminal, Ebute Ojo Jetty, in Ojo Local Government...
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FG Recovers N30B From Vaids
June 7, 2018 No Responses

FG Recovers N30B From Vaids

The Federal Government has approved the issuance of a Declaration Certificate to taxpayers under the Voluntary Assets and Income Declaration Scheme (VAIDS).  The Declaration Certificates, which was approved by the Minister of Finance, Mrs. Kemi Adeosun, are t...
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Nigeria To Phase Out Non-Bio Degradable Plastics
June 6, 2018 No Responses

Nigeria To Phase Out Non-Bio Degradable Plastics

The Nigerian Government through the Ministry of Environment, in collaboration with  stakeholders, is to phase out non-bio degradable plastics.   Speaking at the 2018 World Environment Day in Abuja, Vice President Yemi Osinbajo explained that the ministry was...
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Ibeto Cement Acquires 70 Per Cent Stake In Century Petroleum
June 4, 2018 No Responses

Ibeto Cement Acquires 70 Per Cent Stake In Century Petroleum

IBETO Cement Company Limited has acquired 70 per cent stake in a United States (U.S.) publicly traded petroleum exploration and production company.   Ibeto in a statement explained that the development has resulted in the reverse of merger of the...
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NPA Seeks Osinbajo’s Intervention Over Govt Agencies Non-Compliance With Ease Of Doing Business At Seaport
June 2, 2018 No Responses

NPA Seeks Osinbajo’s Intervention Over Govt Agencies Non-Compliance With Ease Of Doing Business At Seaport

Worried by the alleged level of non-compliance by some Government Agencies to the Presidential Order on the Ease of Doing Business at the Nation’s Seaports, Managing Director, Nigerian Ports Authority (NPA) Hadiza Bala Usman has threatened to seek the interv...
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ILO Seeks Renewed Spirit Of Tripartism
June 2, 2018 No Responses

ILO Seeks Renewed Spirit Of Tripartism

The Director-General of the International Labour Organization, Guy Ryder, warned of ‘heightened tension in the world’ as he addressed the opening of the 107th session of the International Labour Conference  (ILC).   He urged delegates to show “the spir...
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Minister: Minimum Wage May Not Materialise In September
May 30, 2018 No Responses

Minister: Minimum Wage May Not Materialise In September

The Minister of Labour and Employment, Sen. Chris Ngige has said that the new national minimum wage may not materialise in September as earlier envisaged.  Ngige, who disclosed this to newsmen on Tuesday at his residence in Abuja, said that...
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NLC Seeks Accountability, Transparency As Nigerians Mark 18 Years Of Democracy
May 29, 2018 No Responses

NLC Seeks Accountability, Transparency As Nigerians Mark 18 Years Of Democracy

As Nigerians mark 18th years of democracy, the Nigeria Labour Congress (NLC) has called for more accountability from all those who occupy leadership positions especially Governors.   In a statement, NLC President, Ayuba Wabba explained that 2018 Democracy Day...
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