The Minister of Information and Culture, Alhaji Lai Mohammed, has unveiled the reviewed Nigeria Broadcasting Code which contains the Antitrust provision aimed at boosting local content and encouraging the growth of the local industry, among other provisions. In his remarks at the unveiling ceremony organized by the National Broadcasting Commission (NBC) in Lagos on Tuesday, […]
Author: Web Desk
Republic of Korea powers humanitarian air service during Covid-19
SEOUL/ROME – The Ministry of Foreign Affairs of the Republic of Korea has contributed US$ 2.5 million to the United Nations World Food Programme (WFP), enabling it to continue providing United Nations Humanitarian Air Services (UNHAS) in countries where conflicts, natural disasters and the socio-economic impact of the coronavirus pandemic are pushing millions into hunger […]
A Great and Sudden Change: The Global Political Violence Landscape Before and After the COVID-19 Pandemic
In this special report, ACLED Research Analyst Melissa Pavlik reviews key findings from 16 weeks of data recorded by our COVID-19 Disorder Tracker, highlighting the most significant changes to global political violence and demonstrations trends since the onset of the pandemic. Introduction The coronavirus pandemic has brought at least half of the world […]
Oil and gas sector earnings drop 2.6% in Q1 2020 – CBN
Earnings from the oil and gas sector dropped 2.6 percent in the first quarter of 2020 to N1.5 trillion from N1.6 trillion realized in the fourth quarter of 2019, according to data released by the Central Bank of Nigeria (CBN). In its latest report titled Economic Report for the First Quarter of 2020, the apex […]
SEC capital market institute expands operations
The Nigerian Capital Market Institute (NCMI) is poised to enhance the market development role of the Securities and Exchange Commission (SEC) by providing excellent capital market education to stakeholders in a bid to deepen the Nigerian capital market as well as boost investments in the capital market. This was stated by the Managing Director of […]
Market gains N38bn as HY 2020 earnings trigger buying pressure
The first trading session on the floor of the Nigerian Stock Exchange (NSE) after the Sallah break ended on a positive note on Monday following the 0.29 per cent growth recorded. This was buoyed by bargain hunters, who began to mop up some value stocks following the release of some half-year earnings of companies trading […]
Nigeria’s oil projects threatened as IOCs suffer $27.8bn loss
Several major oil and gas projects in Nigeria may suffer further delays as international oil companies operating in the country saw their financials take a dive in the second quarter of this year. The slump in oil prices caused by the coronavirus pandemic has forced many companies, including IOCs to slash their capital budgets and […]
President Buhari presides over Security Council meeting
The Nigerian President Muhammadu Buhari has presided over the National Security Council meeting which is expected to appraise the general security situation in the country. The meeting is also expected to proffer solution to security challenges in some part of the country. It started at 10:00 GMT, at the Council Chambers of the Presidential Villa, […]
Nigeria develops National Policy on Virtual meeting
Nigeria has developed a Draft Policy Document on Virtual meetings and engagements in the Federal Civil Service. The Minister of Communications and Digital Economy, Dr Isa Ali Pantami said this while delivering a lecture at the Course 82 graduation ceremony, National Defence College Abuja. According to Dr Pantami, ”the draft document is ready to be presented […]
Child’s growth: Wife of Lagos Governor advocates exclusive breastfeeding
The Wife of the Lagos State Governor, Dr. Ibijoke Sanwo-Olu has urged expectant and nursing mothers to embrace exclusive breastfeeding for at least the first six months after delivery. Mrs Sanwo-Olu says doing such will go a long way to improve child growth and development. In a message to commemorate the 2020 World Breastfeeding Week, […]