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International Trade Centre

WTO chief Hails NEPC boss for encouraging women entrepreneurs

The Director General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has commended the chief executive officer of the Nigerian Export Promotion Council (NEPC), Mr Segun Awolowo Jr., for his role in encouraging women entrepreneurs and exporters and giving them platforms to thrive.
As candidates jostle for the Director-General position of the World Trade Organisaion, WTO, Female Parliamentary in Nigeria, Friday, threw weight behind former Minister of Finance, Ngozi Okonjo-Iweala, to occupy the number one position of the organization.

WTO chief warns against Nigeria’s continued reliance on oil & gas

Dr. Ngozi Okonjo-Iweala, Director General of World Trade Organisation (WTO), has warned of Nigeria’s continued reliance on crude oil and gas as the major source of revenue to the government.
House of Representatives has elected to set a limit and timeframe for any person appointed as the Chairman of the Economic and Financial Crimes Commission, EFCC on acting capacity.

House of Reps set up probe of federal government’s arms purchase since 2011

The House of Representatives has set up an inquiry into the quality and quantity of arms and ammunition purchased for security agencies in the country for the last 10 years.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Equities shed N464 billion as profit taking halts bull run

The equities market shed N463.7 billion last week as the bullish streak was halted by persistent profit taking. Following the unprecedented growth recorded in the month of November, many investors have been locking in profits. Despite the pockets of profit taking, the market had maintained a positive weekly performance.
President of the UN General Assembly, Amb. Tijani Muhammad-Bande

Tijani Muhammad-Bande successfully served at most trying time – UN chief

UN Secretary-General Antonio Guterres said Nigeria’s Amb. Tijani Muhammad-Bande was the miracle needed by the General Assembly to deliver on its mandate in the face of COVID-19.
In the aftermath of the European Parliament, the legislative hand of the European Union (EU), having said that no progress has been made in the war against Boko Haram in Nigeria, President Muhammadu Buhari said things were a lot better. 3

UK budgets £127 million to support Nigeria, other African countries

The UK has recently announced its commitment to support Nigeria and other African countries with about £127 million.
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

Nigeria hosts AfCFTA national forum in Lagos

Nigeria, which signed the landmark African Continental Free Trade Agreement in July, will on Thursday and Friday hosts its national AfCFTA Forum on the “Effective Implementation of the AfCFTA for Industrialization and Inclusive Economic Development”.

NEPC canvasses economic diversification to save Nigeria shocks of unstable crude

The Chief Executive Officer of Nigeria Export Promotion Council, NEPC, Mr Segun Awolowo, has canvassed deeper economic diversification initiative to save Nigeria the economic shocks of unstable crude oil prices.
The 28th World Economic Forum on Africa has ended in Cape Town, South Africa, producing notable outcomes.

WEF ends in South Africa amidst boycott

The 28th World Economic Forum on Africa has ended in Cape Town, South Africa, producing notable outcomes.

NEPC: Federal government committed to increasing non-oil export

Segun Awolowo, the Executive Secretary, Nigerian Export Promotion Council (NEPC), says the Federal Government was committed to increasing the total value and volume of non-oil exports.

Nigeria commits to poverty reduction

Nigeria has introduced measures to shore-up employment in order to eradicate poverty and transform the nation’s economy.

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“At this moment, l cannot say how many students were taken away by the gunmen until l get there, but we have already mobilized security men and members of the vigilantatè who are now in pursuit of the abductors,” the commissioner stated.

Two ‘killed’, one injured as robbers attack bullion van in Ondo

Two persons were feared killed while one was injured as bank robbers attacked a bullion van at Bolorunduro area in Ondo East council area of Ondo state.
Governor Oluwarotimi Akeredolu of Ondo State has granted amnesty to 11 inmates serving various jail terms in correctional centres in the state to mark the beginning of 2021.

Ondo governor commiserates with Pastor Adeboye over son’s demise

Ondo State Governor Rotimi Akeredolu has commiserated with the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, over the death of his son, Pastor Dare Adeboye.
L-R: Katsina state Governor, Honourable Bello Masari. Kebbi’s state Governor, Senator Atiku Bagudu, Governor, Central Bank of Nigeria, Godwin Emefiele and President, Maize Farmers Association Bello Abubakar Annur (with Reflective jacket) at the Flag- off of the National Maize harvest and Loan Recovery and launching of 2020/2021 Dry Season Maize Farming in Katsina on Thursday, May 6, 2021

CBN governor vows to block maize importation

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Thursday vowed to resist importation of maize as Nigerians have the capacity and capability to grow the crop locally to meet consumption demand.
1. Vice President Yemi Osinbajo on Wednesday presided over the weekly Federal Executive Council (FEC) meeting at the State House, Abuja.

VP Osinbajo: Nigeria’s unity must not be compromised

Nigeria’s Vice President, Prof. Yemi Osinbanjo, on Thursday, insisted that the unity of the country should not be compromised in anyway.
Mele Kyari, group managing director, Nigerian National Petroleum Corporation (NNPC), says buyers were begged to purchase Nigeria’s crude oil at $9 per barrel in April.

NNPC: We’ll commission rehabilitated PHC refinery in 2023

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has assured Nigerians that the Port Harcourt Refinery Complex (PHRC) will roar back to life on or before April 5, 2023 when repairs would have been completed.

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Wife of Akwa Ibom State’s Governor Udom Emmanuel, Dr. Martha Emmanuel, on Wednesday led over 3,000 women from different walks of life on a solidarity march to protest the gruesome murder of Miss Iniubong Umoren.

Akwa Ibom first lady leads women’s protest on raped, murdered job seeker

Wife of Akwa Ibom State’s Governor Udom Emmanuel, Dr. Martha Emmanuel, on Wednesday led over 3,000 women from different walks of life on a solidarity march to protest the gruesome murder of Miss Iniubong Umoren.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Sallah: Senate adjourns plenary until May 18

The Senate on Thursday adjourned plenary until May 18, to enable the members to observe the Sallah.
Former General Superintendent of the Assemblies of God Nigeria, the Rev. Dr Charles Osueke, is dead.

Assemblies of God former superintendent Charles Osueke passes on

Former General Superintendent of the Assemblies of God Nigeria, the Rev. Dr Charles Osueke, is dead.
President Muhammadu Buhari has approved the renewal of the appointment of Mr. Alexander Ayoola Okoh as the Director-General, Bureau of Public Enterprises (BPE) for a second term of four years in accordance with the provision of Section 17 (1)(a) and (2)(a) of the Public Enterprise (Privatization & Commercialization) Act, 1999.

BPE, NDPHC set to sell five power generating plants

The Board of Directors, Niger Delta Power Holding Company, NDPHC, and the National Council on Privatisation have approved the sale of five generating companies in the country through a competitive bidding process.
President Muhammadu Buhari is currently presiding over the 43rd virtual Federal Executive Council, meeting at the First Lady Conference Room, Presidential Villa Abuja.

President Buhari solicits NMA support for improved healthcare delivery

President Muhammadu Buhari has solicited the support of the Nigerian Medical Association, NMA as his government works towards rehabilitating the healthcare sector to deliver a health system that is responsive to the needs of Nigerians.