The World Trade Organization’s bid to select a new leader was plunged into uncertainty on Wednesday after the United States rejected the Nigerian woman proposed as the global watchdog’s next director-general. Three WTO ambassadors, charged with finding a successor to Brazilian Roberto Azevedo, had decided that Nigerian former finance minister Ngozi Okonjo-Iweala should be the Read More…
Day: 28 October 2020
Netflix shines light on Nigerian sex trafficking
Set in the shady underworld of Lagos brothels, Nigerian thriller Òlòtūré gives viewers an inside look at the sex trafficking schemes that ensnare thousands of Nigerian women each year. The film is fictional but aims for a realistic and gritty picture to raise awareness of what is a persistent and little-discussed problem, said 36-year-old director Read More…
NSE mulls listing by introduction, seeks members’ approval
The Nigerian Stock Exchange (NSE) will be seeking members approval to undertake a listing by introduction at the 59th Annual General Meeting (AGM) slated for Nov. 18. The NSE disclosed this in a notice signed by Mrs Mojisola Adeola, the Council Secretary, posted on its website on Wednesday to notify members of the AGM. The Read More…
Cannes rolls out red carpet for pared-back film showcase
Movie-lovers got a turn on the red carpet at Cannes on Tuesday night as the organisers of its famed cinema festival, cancelled earlier this year due to the coronavirus pandemic, kicked off a more low-key three-day event showcasing a range of short films. Usually awash with Hollywood stars who flock to the French city’s “Croisette” Read More…
DAZN, sports streamer, expands to over 200 countries, will stream Joshua fight
DAZN, a global sports streaming service, on Wednesday says it will be expanding to over 200 countries and territories in December. In a statement in Lagos by their PR agents in Nigeria, CMC Connect BCW, the streaming service said that by Dec. 1 the platform would debut with back-to-back weekends, featuring boxing events with International Read More…
Lagos APC swipes at PDP over N1trn govt projection for #EndSARS repairs
The Lagos APC, in a statement by its Publicity Secretary, Mr Seye Oladejo, called on the PDP to show empathy for the state against the backdrop of public and private property as well as businesses destroyed during the protest. Oladejo described the period as an inappropriate and insensitive time to play politics with an incident Read More…
Lagos Firemen avert another explosion
The Lagos State Fire and Rescue Service (LSFRS) on Tuesday said it averted another fire explosion in Lagos. According to a statement signed and released by Mr Dosumu Jamiu, the Head of Public Affairs Unit of LSFRS, the explosion was averted at Yerevan Petroleum Filling Station at 29, Ajayi Road, Eagle bus stop, Ogba, Ojodu Read More…
Nigeria’s manufacturing sector records growth, according to CBN PMI
The October Purchasing Managers’ Index for the manufacturing sector stood at 49.4 index points, indicating a reversal of five consecutive months of contraction which started in May. This is according to the result of PMI survey released by the Statistics Department of Central Bank of Nigeria (CBN) on Tuesday. The manufacturing PMI for the month Read More…
Nigeria stock market advances further 0.70%
The bulls on Tuesday continued to dominate trading on the nation’s bourse with the market indices improving further by 0.70 per cent, amid increased buying interest. Speficially, the All-Share Index on Tuesday rose by 202.33 points or 0.70 per cent to close at 28,980.29 compared with 28,777.96 achieved on Monday. Also, the market capitalisation inched Read More…
President Buhari approves digitisation of Film Censors Board library
President Muhammadu Buhari has approved the digitisation of the National Film and Video Censor Board (NFVCB), library for sustainable preservation of Nigeria’s audiovisual heritage. Alhaji Adedayo Thomas, Executive Director of NFVCB made this known on Tuesday in Abuja, in commemoration of the 2020 World Audiovisual Heritage Day(WAHD). The theme of this year’s celebration is “Your Window to the Read More…