Financial firms have reported significant direct losses, totaling almost $12 billion since 2004 and $2.5 billion since 2020, the International Monetary Fund (IMF) has disclosed. In its April 2024 Global Financial Stability Report released recently, IMF stated that attacks on ...
Read More »Daily Archives: April 12, 2024
Freight Stabilisation Fee Won’t Add To Port Cost – Shippers’ Council
The Nigerian Shippers’ Council (NSC), has said that its plan to begin collection of per cent Freight Stabilisation Fee (FSF), won’t add to the cost of doing business at the nation’s seaports. Speaking in an exclusive interview with LEADERSHIP, the ...
Read More »OPEC Sustains Output Cut, Predicts 2.2m Barrels A Day Oil Demand
The Organisation of Petroleum Exporting Countries(OPEC+) has further extended its oil production cuts this month, with a target to push oil price to $100 a barrel. The decision was anything but unexpected and, unlike previous production policy announcements, it had ...
Read More »Lagos-Calabar Highway: FG Plans Compensation In Nine States, Puts Cost At N15tn
The Federal Government, on Thursday, confirmed that it would pay compensation to all property owners along the path the 700km Lagos-Calabar Coastal Highway would be passing through across nine states. The Minister of Works, David Umahi, who said President Bola ...
Read More »NAFDAC Bans Turkey-Made Soap, Tracks Fake Indian Injection Powder
The National Agency for Food and Drugs Administration and Control has banned the sale of Turkey-made Dex Luxury Bar Soap. It also called on Nigerians to watch out for the counterfeit of Tandak injection powder made in India. NAFDAC, on ...
Read More »NEC, NWC approved NNPP new logo – South West Chairman
The New Nigeria Peoples Party South West Zonal Chairman, Ademola Ayoade, has said the party’s new logo was approved by the National Executive Committee and the national convention. At its recent national convention over the weekend, NNPP officially approved the ...
Read More »NLC sacks Abure’s NWC, to audit LP accounts
The Nigeria Labour Congress, on Monday, voided the national convention that returned the National Chairman of Labour Party, Julius Abure, and his National Working Committee back to office. To fill the vacuum, the stakeholders said the congress will set up ...
Read More »Nigeria’s Diplomatic Image Can Be Better
SIX months after President Bola Tinubu recalled all career and non-career ambassadors from Nigeria’s diplomatic missions worldwide, their offices in embassies and consulates have remained vacant. This is a repeat of the situation under Muhammadu Buhari. After the National Assembly ...
Read More »9mobile Enhances Customers Services With ‘9Konfam’
9mobile has enhanced services provided for its customers with ‘9Konfam’ as customers are set to enjoy nine times the value of recharge and more when they subscribe to this offering. This innovative plan, crafted with a focus on enhancing connectivity ...
Read More »Violation: TikTok Deletes 1.7m Nigerian Users’ Videos In Q4
TikTok, the short video platform owned by Bytedance, has announced that it has deleted 1.7 million videos uploaded by Nigerian users during the fourth quarter (Q4) of 2023. Nigeria was listed as one of the top 50 nations from which ...
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