To commemorate the UN World Refugee Day, an NGO, Sesor Empowerment Foundation, has called for collective and urgent action by all Nigerians to rehabilitate displaced persons and refugees in Nigeria and prevent more people getting displaced. Their call is in line with the 2020 theme: Every Action Counts. According to a statement released by the Read More…
Day: 20 June 2020
Lagos discharges 98 more COVID19 patients
The Lagos State Government has announced the recovery and discharge of 98 more novel coronavirus patients. The patients have tested negative twice for the virus. The state Gov. Babajide Sanwo-Olu, who made the disclosure in a statement on Friday, said that a total of 1,283 patients had been successfully managed and discharged in the state. Read More…
SON approves 168 new standards, national standardisation strategy
The Governing Council of the Standards Organisation of Nigeria (SON) has approved 168 new Standards for publication and dissemination to various sectors of the nation’s economy. This, it said, was in furtherance to the economic diversification policy of the Federal Government. In a virtual meeting headed by the Permanent Secretary, Federal Ministry of Industry, Trade Read More…
DISCOs seek FG’s intervention on import duty for meters
The Electricity Distribution Companies (DISCOs) have urged the Federal Government to intervene in the heavy import duties they used to pay for imported meters. They said that such an intervention would help to mitigate delays they usually encountered when clearing meters at the ports in a statement signed by Mr Sunday Oduntan on Friday in Read More…
NSE moves 174.68m shares worth N2.01bn in bearish trading
Investors on the Nigerian Stock Exchange (NSE) on Friday traded 174.68 million shares valued at N2.01 billion in 3,695 deals. This was in contrast with a turnover of 171.21 million shares worth N2.21 billion exchanged in 3315 deals on Thursday. A breakdown of the activity chart indicates that Mutual Benefits Insurance was the toast of Read More…
Economists harp on diversification of economy from oil
An Economist, Prof. Akpan Ekpo, has advised that the Federal Government to do more to restructure the economy through industrialisation in favour of production, so that the country would earn more foreign exchange. Ekpo, a Professor of Economics, University of Uyo, gave the advice on Thursday in Lagos at a webinar organised by the Centre Read More…