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The International Container Terminal Services Inc. (ICTSI), a port management company, says it has commenced container operations at Onne Port, Rivers state.

Onne terminal operator receives first container vessel

The International Container Terminal Services Inc. (ICTSI), a port management company, says it has commenced container operations at Onne Port, Rivers state.

Nigeria’s multi-city beach cleanup initiative gets board

The multi-city beach clean-up exercise initiated by the Chief Executive Officer of Sterling Bank Plc, Mr. Abubakar Suleiman, has announced seasoned environmentalists as its governance board members. They are Taiwo Adewole, Bilikiss Adebiyi-Abiola and Akanbi Williams.
Newsmen report that the meeting is being presided over by President Muhammadu Buhari at the Council Chambers of the Presidential Villa, Abuja, on Wednesday.

President Buhari appoints new NEITI boss

President Muhammadu Buhari has approved the appointment of Orji Ogbonnaya Orji as the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI).
Pan-African banking conglomerate, Ecobank Transnational Incorporated, has announced the appointment of an independent of non-executive director, Hervé S. Assah.

Ecobank appoints new director

Pan-African banking conglomerate, Ecobank Transnational Incorporated, has announced the appointment of an independent of non-executive director, Hervé S. Assah.
The National Universities Commission (NUC) has approved doctoral degree programs for Oduduwa University, Ipetumodu, Ile-Ife, according to the institution’s founder, Dr Rahmon Adedoyin.

Professor Aribisala appointed Oduduwa university vice chancellor

The Oduduwa University, Ipetumodu, Osun State, has appointed Professor Segun Aribisala as its new Vice Chancellor, following the end of the tenure of the former VC, Professor Chibuzor Nwoke.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB appoints directors-general, deputy directors-general in regional offices

The African Development Bank Group has announced the appointment of directors-general for the East, Central and Southern Africa regions and deputy general for the East, Central, Northern, Southern and West Africa regions.
The Board of Union Bank Nigeria Plc Minday announced that its Chief Executive Officer, Mr. Emeka Emuwa, will retire on March 31, 2021, after leading the financial institution for eight years.

Union Bank chief Emeka Emuwa retires

The Board of Union Bank Nigeria Plc Minday announced that its Chief Executive Officer, Mr. Emeka Emuwa, will retire on March 31, 2021, after leading the financial institution for eight years.
The Director of Development and Delivery Office of the International Institute of Tropical Agriculture (IITA), Alfred Dixon, has been named among the top 20 most influential plant breeders in Africa.

Three IITA scientists named among top 20 most influential plant breeders in Africa

The Director of Development and Delivery Office of the International Institute of Tropical Agriculture (IITA), Alfred Dixon, has been named among the top 20 most influential plant breeders in Africa.

Excess of 40 vessels at anchorage due to bad port access road – official

An excess of 40 vessels are kept at anchorage due to bad port access road, Mr John Jenkins, Group Managing Director, Ports and Cargo Container Terminal, disclosed on Tuesday .

Shippers council boss visits port terminals, calls for NXP adoption

Mr Hassan Bello, Executive Secretary, Nigerian Shippers’ Council (NSC), on Tuesday suggested that port terminal operators should adopt the Nigerian Export Proceeds (NXP) number to smoothen export transaction.
Newly appointed U.S. Defence Secretary Mark Esper has pressured Japan to participate in a U.S.-led maritime security mission in the Strait of Hormuz.

India, United States set to sign key defence pact on satellite data

United States Secretary of State Mike Pompeo and Defence secretary Mark Esper are holding a dialogue on Tuesday with their Indian counterparts Subrahmanyam Jaishankar and Rajnath Singh aimed at enhancing defence and strategic ties.
Gold

Gold rises on renewed US stimulus hope, dollar falls

House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline.
A huge fire has destroyed part of the main building of Uganda’s prestigious Makerere University, one of Africa’s oldest, police said Sunday.

Fire ravages Uganda’s top university

A huge fire has destroyed part of the main building of Uganda’s prestigious Makerere University, one of Africa’s oldest, police said Sunday.

NITDA set to establishment centre for artificial intelligence, robotics

In a bid to achieve a robust digital economy, the National Information Technology Development Agency, (NITDA) is set to establish a Centre for Artificial Intelligence and Robotics.

NITDA plans centre for artificial intelligence, robotics

In an effort to achieve a robust digital economy, the National Information Technology Development Agency, (NITDA) is set to establish a Centre for Artificial Intelligence and Robotics in Nigeria (CFAIR).
Niger Delta Development Commission (NDDC)

NDDC pays $5.9 million to 197 scholarship students

At last, Niger Delta Development Commission, NDDC, has paid $5,901,000 to 197 scholarship beneficiaries of 2019, while payment procedures for 94 beneficiaries of 2018 were ongoing.

SON: Only foreign organisations that meet requirement will operate in Nigeria

The Standards Organisation of Nigeria (SON), says that only foreign Conformity Assessment Bodies (CABs) that have complied with set requirements will be allowed to operate in Nigeria.
Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure.

Border closure: ECOWAS countries reject Nigerian goods

Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure.
A man shows a wad of the new Zimbabwe two-dollar notes he received from a bank in Harare on November 12, 2019. (Photo by Jekesai NJIKIZANA - AFP)

Zimbabwe issues fresh banknotes to ease cash shortages

Cash-strapped Zimbabweans began using new banknotes and coins Tuesday, as the nation’s central bank seeks to ease chronic shortages.

President Buhari approves new NCAA chief

President Muhammadu Buhari has approved the appointment of Captain Musa Nuhu as the new Director General of the Nigerian Civil Aviation authority (NCAA).

Bank customers begin payment of charges for cash deposits, withdrawal

The Central Bank of Nigeria, CBN, has said customers making cash deposits or withdrawals will pay charges beginning from today in line with its new policy.

CBN: Nationwide cashless policy begins March 31, 2020

The Central Bank of Nigeria (CBN) on Tuesday disclosed that the long-awaited cashless policy takes off nationwide from March 2020.

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Manchester United have identified Alexander Isak as an alternative target to Borussia Dortmund striker Erling Haaland this summer, The Star reports.

Manchester United identify Alexander Isak as Erling Braut Haaland alternative

Manchester United have identified Alexander Isak as an alternative target to Borussia Dortmund striker Erling Haaland this summer, The Star reports.
The naira this morning reversed its two weeks loss to the dollar in the parallel market, appreciating by N20 to N470 per dollar.

Naira appreciates at N493 to dollar in parallel market

The naira, on Thursday, appreciated by 1.8 percent to N493 to a dollar at the parallel market as the Central Bank of Nigeria (CBN) increased forex supplies to banks.
U.S. President Joe Biden gestures while speaking to the media before boarding Air Force One at Geneva airport, as he leaves Geneva after the U.S.-Russia summit, Switzerland, June 16, 2021. REUTERS-Kevin Lamarque

White House considering talks between Joe Biden and China’s Xi Jinping

The White House will consider arranging talks between President Joe Biden and his Chinese counterpart, Xi Jinping, as the two countries spar over issues including human rights, a top U.S. official said on Thursday.
President Muhammadu Buhari Thursday in Maiduguri, Borno State, assured citizens of the federal government’s presence in fighting terrorism to the end, and ensuring that Internally Displaced Persons (IDPs) are fully returned to continue normal lives, commending Governor Babagana Zulum for resilience and relentless efforts in rebuilding the state.

President Buhar: We won’t rest until peace is fully restored in Borno

President Muhammadu Buhari Thursday in Maiduguri, Borno State, assured citizens of the federal government’s presence in fighting terrorism to the end, and ensuring that Internally Displaced Persons (IDPs) are fully returned to continue normal lives, commending Governor Babagana Zulum for resilience and relentless efforts in rebuilding the state.
Lagos State Attorney General, Moyo Onigbanjo (SAN)

Lagos begins plea bargain session for Kirikiri inmates

In an effort to decongest correctional centres, the Lagos State Ministry of Justice on Thursday held a plea bargain session for some inmates at...

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Taiwo Awoniyi

Taiwo Awoniyi likely to leave Liverpool permanently this summer

Former Golden Eaglets striker, Taiwo Awoniyi, is likely to leave Liverpool permanently this summer despite receiving his UK work permit a few weeks ago.
Neymar netted on 33 minutes and his corner was headed home by Marquinhos just prior to the hour mark at the Parc des Princes, with Cameroonian forward Ignatius Ganago pulling a goal back for Lens.

Brazil’s Neymar to miss Tokyo Olympics

Paris Saint Germain striker Neymar, the world’s most expensive footballer, will not play for Brazil at the Tokyo Olympics, but veteran Daniel Alves did make the squad announced Thursday.
All Progressives Congress (APC) Nigeria

APC membership registration panel submits report

The All Progressives Congress Membership Registration and Revalidation Appeal Committee has identified Imo, Ogun, Kwara, and Rivers states as states where the exercise recorded the highest number of challenges.
The Athletics Federation of Nigeria (AFN) is enmeshed in another $150,000 scandal as grant received from World Athletic to assist the Federation in the hosting of the 21st African Championships in Athletics held in Asaba in August 2018,

AFN election committee ready to conduct credible polls – chair

The Electoral Committee Chairman, Prince Jambright B.T Sumanu said his committee is ready to conduct a credible 2021 Athletics Federation of Nigeria (AFN) election in Kebbi state.
Bauchi State House of Assembly has passed into law the bill to establish Bauchi State Public Procurement Bureau 2020.

State houses of assembly to reopen Monday

The gates of the Houses of Assembly in the 36 states of the federation will open on Monday following the suspension of the 64-day strike embarked upon by workers to demand Implementation of full financial autonomy for the Legislative and Judicial arms of government.