Nigeria is poised to boost its non-oil exports leveraging the Economic Community of West African States (ECOWAS) Trade Promotion Organisations (TPOs) Network. The network, which was recently inaugurated, is geared towards increasing the volume of trade within the region. Mr Segun Awolowo, the Executive Director of the Nigerian Export Promotion Council, NEPC, is also the inaugural President…
By Emmanuel Udodinma The President of Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Ide John Udeagbala, has called on Nigerians to reflect and imbibe the exemplary virtues shown by Prophet Ibrahim, while also felicitating with Muslims as they celebrate this year’s Eid al-Kabir. Udeagbala, who gave the advice in his Sallah…
Transaction on the Nigerian stock market closed on a positive note ahead of the Eid-el-Kabir celebration with a marginal growth of 0.01 per cent. Specifically, the All-Share Index rose by 5.47 per cent to close at 37,952.65 against 37,947.18 achieved on Friday. Similarly, the market capitalisation rose by two billion naira or 0.01 per cent…
The Central Bank of Nigeria (CBN) has partnered with some cyber security stakeholders to launch a new cyber awareness campaign tagged ‘# NoGoFallMaga’. The News Agency of Nigeria (NAN) reports that the initiative was launched in collaboration with Committee of Chief Information Security Officers of the Nigeria Financial Industry (CCISONFI) and Cybersafe Foundation (CSF). Mr…
Robinhood Markets Inc. is seeking a valuation of $35 billion in its initial public offering, just short of the highest analyst projections, as the free trading app advances toward a debut likely to draw in buyers from its own novice investor base. The company at the center of this year’s meme stock frenzy will market…
The Nigerian Communications Commission (NCC), says it is yet to renew Airtel’s Mobile Operating License. Dr Ikechukwu Adinde, NCC’s Director of Public Affairs, made this known in a statement on Sunday, in Abuja. According to him, the attention of the NCC was drawn to a recent statement on an online publication, credited to the Managing…
The British government has lifted all pandemic restrictions in England – including rules on mask wearing and social distancing – despite scientists’ warnings that the move will further drive an already surging pandemic and risk creating new variants. The curbs were lifted at midnight (23:00 GMT) on Sunday as laws mandating face masks and working form home…
By Nathan Nwakamma Indications have emerged that the Bayelsa Government has not given up on its Oil Mining Lease (OML 46) licence which was revoked by the Department of Petroleum Resources (DPR). The News Agency of Nigeria (NAN) reports that Bayelsa Oil Company reapplied for the licence during the last bidding exercise conducted by the…
Akara (Bean cake) is a popular street snack and staple food in Nigeria and some other African countries. Though its origin is said to be from the Yoruba tribe of Nigeria, it has found its way to the tables of other West African countries and even beyond. It is enjoyed in many Nigerian homes either…
