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The Minister of Science and Technology, Dr Ogbonnaya Onu, has called on the Organised Private Sector (OPS) to invest in the production and commercialisation of local technology in order to boost Nigeria’s GDP.
The Police Service Commission (PSC), has announced the promotion of four Assistant Inspectors General of Police (AIG), to the rank of Deputy Inspectors General of Police and thirteen Commissioners to Assistant Inspectors General of Police (AIG).
The police in Oyo State have recovered the corpses of two persons, including a soldier, during their search for two Indians abducted in the state last week.
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.
Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, disclosed this at a virtual meeting held with members of the OPS, made up of Manufacturers Association of Nigeria (MAN), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Nigeria Employers’ Consultative Association (NECA), Nigerian Association of Small and Medium Enterprises (NASME), and Nigerian Association of Small Scale Industrialists (NASSI).
Members of the organised private sector (OPS) and some analysts have hailed the plan by the federal government to further review downward the oil price benchmark in the 2020 budget to $20 per barrel.
Organised Private Sector, OPS; Nigeria Labour Congress, NLC, and its United Labour Congress of Nigeria, ULC, counterpart, have agreed that there is need for guided relaxation of the COVID-19 lockdown.
The Lagos Chamber of Commerce and Industry (LCCI) has charged the Nigerian National Petroleum Corporation (NNPC) to consummate its process of reforming the petroleum downstream sector with an appropriate legislative framework, stating that with the legal framework, the reform would not be like the previous dead initiatives.
More groups have donated food, relief materials to vulnerable Nigerians in recent times to help curb the spread of the coronavirus disease.
Stakeholders in the organised private sector (OPS) have expressed divergent views on the use monetary intervention to mitigate the impact of the global Coronavirus (Covid-19) pandemic on businesses in Nigeria.
With the Coronavirus (Covid-19) outbreak in China, there are indications that the country’s agro-allied, manufacturing sectors and dealers on various products have put on hold the importation of several production raw materials, consumable items coming from China.
Ahead of the implementation of the African Continental Free Trade Agreement (AfCFTA) in July, the Nigeria’s industrial sector has identified the need for the country to address current market challenges to ensure its gets benefits of the agreement.
President Muhammadu Buhari has lauded the Abuja Chamber of Commerce and Industry (ACCI) for scaling up economic diplomacy and establishing bilateral relations with other countries.
Members of the Organised Private Sector (OPS) have described the ongoing border closure as a temporary solution to a long term problem, noting that policy measures and proper implementation is necessary and more effective.
Nigeria’s Senate decision to approve 56 amendments in Finance Bill, an executive bill submitted by President Muhammadu Buhari, seeking an approval to raise tax rates payable by consumers and business entities to augment Federal Government’s declining cashflow, last week opened another pandora box of debate as to the fate of ordinary citizens when it eventually gets signed into law by the president in the days and weeks ahead.
Baring any last minute disruptions in the implementation guidelines, Nigeria’s cashless Policy piloted by the Central Bank of Nigeria (CBN) would go live nationwide from March 31, 2020, after about eight years of clinical trials of its pilot phase.
The Bangladesh High Commissioner to Nigeria, Shameen Ahsan, has called for the strengthening of its international relations with Nigeria to harness investment potential that abounds in both countries.
In October 2013, when the Federal Government under former President Goodluck Jonathan introduced a National Automotive Industry Development Plan (NAIDP) the objective was to stimulate investment in local vehicle production.
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has come up with a 16 point agenda to promote a vibrant regional economy through public and private sector collaboration,
Former national publicity secretary of Peoples Democratic Party (PDP) Chief Olisa Metuh has urged elders and elected leaders from the South East to work out ways and means of addressing the IPOB issue.
An official from the party of deposed Myanmar leader Aung San Suu Kyi died overnight in police custody, associates said, while protests were held in at least half a dozen cities in some of the most widespread action against the coup last month.
The leader of Sri Lanka’s Catholics has demanded the government find the perpetrators of the deadly 2019 Easter Sunday attacks, as worshippers held silent protests outside the capital’s churches on Sunday.
They are running to replace Josep Maria Bartomeu, who resigned in October and was briefly taken in for questioning following police raids on the club on Monday into the 'Barcagate' scandal which revolves around allegations that Barcelona carried out a defamation campaign against current and former players critical of club leadership.
Kelechi Iheanacho says his side’s desire to win shone through during a second half in which Leicester City scored twice to beat Brighton & Hove Albion 2-1 on Saturday night.
Ivory Coast is set to vote in a parliamentary ballot on Saturday in a key test of stability after presidential elections last year marked by violence.
Questioned about recent U.S.-China frictions over Taiwan, Xinjiang and the South China Sea during his annual news conference, Wang said that Beijing “will never accept baseless accusations and smears”, and said the United States had used democracy and human rights as a basis for arbitrarily interfering with other countries’ affairs.
Oil prices slipped, on Tuesday, as expectations that top producers would agree to raise oil supply in a meeting this week weighed on sentiment, already hit by concerns over slowing Chinese demand.
The pair became embroiled in a heated argument in their limp 0-0 draw with Crystal Palace after the United skipper ordered Rashford to 'f****** get back onside', which the England striker took exception to by furiously responding: 'What the f*** do you want me to do? You f****** k*******.'
The Peoples Democratic Party, PDP, South-East zone, on Monday urged Sen, Smart Adeyemi to immediately apologize to the governor of Abia State, Dr Okezie Ikpeazu over his unguided verbal attack.