Home / NEWS (page 18)

NEWS

Rwanda Becomes First African Country To Join Alibaba’s Ambitious World Trade Platform

The government of East African country, Rwanda, has signed three agreements with Alibaba Groupestablishing an electronic world trade platform (eWTP) hub in Rwanda. The agreements ultimately aim to promote Rwanda’s economy through increased cross-border trade, capacity building and tourism. Rwanda becomes the first country in Africa to establish an Electronic World Trade Platform (eWTP) hub following an MoU signed by President ...

Read More »

Nigeria calls on farmers to grow hibiscus as it begins exportation to Mexico

06/11/2018 – The Nigeria Agricultural Quarantine Services says the country will resume the exportation of hibiscus to Mexico – According to the coordinating director of NAQS, the exportation was initially suspended following the detection of storage pest in some shipments from Nigeria – He says Nigeria exported 1,983 containers of hibiscus to Mexico alone in 2017 and earned $35 million ...

Read More »

CSOs Push for the Proceed of Crime bill with Attorney General, Minister of Justice

Group of civil society organisations in Nigeria have made the last push for the proceed of Crime Bill in a high-level Policy Dialogue with Attorney General of the Federation and Minister of Justice, yesterday. The Policy dialogue which had key stakeholders such as Chairman Senate Committee on Anti-Corruption, House of Representative Member, Minister of Justice, Attorney General of the Federation, ...

Read More »

Investors lose N257 billion amid election fears, insecurity

…As Banks’ losses to fraudsters rise by 1,446% to N12bn H1’18*** The lingering political uncertainties surrounding Nigeria’s 2019 general election have continued to spur sell pressures and volatility on the equity sector of the Nigerian Stock Exchange (NSE), as investors lost N257 billion in the month of October. Indeed, a breakdown of market activities last month, showed that the NSE ...

Read More »

Whatsapp Confirms that Ads Will be Displayed on its Status Section, But how would it work?

It’s been confirmed. Ads are soon going to be placed on Whatsapp. For quite some time now, rumours have been widespread that Facebook plans to finally monitise the Whatsapp platform. Some even speculated that Facebook had several plans to monetise the platform long before it bought it for $19 billion in 2014. But in an interview with India’s Economic Times recently, ...

Read More »

#Strike: Organised Labour Adopts strategy to beat court order

Members of the organised labour have responded swiftly to alleged government’s move to arm twist them into abandoning Tuesday’s nationwide industrial action. A reliable source gathered that since the National Industrial Court barred the Nigeria Labour Congress, United Labour Congress and Trade Union Congress from declaring strike action, they have decided to use affiliate unions to execute the strike. Hence ...

Read More »

NNPC dissmisses report of looming fuel scarcity

The Nigerian National Petroleum Corporation (NNPC) has dismissed the speculations of an impending petroleum products scarcity in the country. “Providing information on the petroleum products stock level became necessary to dispel suggestions that the threat of strike action by the Nigeria Labour Congress (NLC) would result in a slip into a round of products shortages across the country,” NNPC Spokesman ...

Read More »

Shi’ites: Group seeks UN intervention, raises concern over 2019

An advocacy group, Access to Justice, has called on the United Nations to intervene in Nigeria’s “dire” security situation, particularly the killings of protesters, including members of the Shi’ite sect, by the military. The group expressed concern that if the Shi’ites crisis was not properly handled it could constitute a major security threat to the conduct of next year’s general ...

Read More »

Sanctions on Khashoggi killers weeks away: Pompeo

US Secretary of State Mike Pompeo has said it may take “a handful more weeks” before Washington has enough evidence to impose sanctions on individuals responsible for the killing of Saudi journalist Jamal Khashoggi. The murder has placed strain on the decades-old alliance between the United States and Saudi Arabia and tarnished the image of Crown Prince Mohammed bin Salman, ...

Read More »

I’m Disappointed in National Assembly — Buhari

President Muhammadu Buhari on Friday in Abuja expressed disappointment with the conduct of members of the National Assembly with regards to the passage of budgets. The president said the “tardiness” in the passage of budgets by the lawmakers, sometimes lasting seven months, delay completion of projects across the country. He urged more effort to speed up the process. The president, ...

Read More »