Trading reopened on the Nigerian Stock Exchange (NSE) on Friday after Eid-el-Maulud celebration still on an upward trend, growing by N571 billion. Specifically, the market capitalisation which opened at N15.386 trillion inched higher by N371 billion or 3.71 per cent to close at N15.957 trillion. Also, the All-Share Index improved by 1,093.09 points or 3.71 […]
The Presidency on Friday quoted the President of the European Council , Mr Charles Michel, as reiterating Europe’ s support for the bid of Nigeria ’ s former Minister of Finance, Dr Ngozi Okonjo – Iweala , to become the next Director-General of the World Trade Organisation. The Special Adviser to the President on Media […]
•Targets 30m consumers as nationwide distribution of free meters commences The federal government has approved the resumption of the collection of Service-Based electricity Tariffs (SBT) from next week, after sealing a deal with organised labour, THISDAY reports. The government was forced to suspend the implementation of the new electricity tariff regime in September, following a […]
Apple shares were sent reeling Thursday on word of a steep drop in sales of iPhones, which are at the heart of the tech titan’s money-making engine. Apple profit fell 7 per cent to $12.7 billion in the recently ended quarter, the Silicon Valley-based colossus said in its earnings release. The California tech giant’s total […]
Former Nigerian Finance Minister, Dr Ngozi Okonjo -Iweala , says she remains positive of becoming the first African and first female director-general of the World Trade Organisation despite ‘ hiccups ’ . The ex – World Bank director said she felt humbled to have been declared the candidate with the largest votes amongst the 164 […]
…Targets 30m consumer Federal Government last night said that it will commence the distribution of free meters with the target of getting 30 million consumers. The National Mass Metering Programme, NMMP, is expected to commence today, Friday, October 30, 2020, and to be simultaneously launched in Kano, Kaduna, Eko and Ikeja DISCO franchise areas. The […]
The Federal Government has restated its commitment to ensuring that Nigeria ’ s Ngozi Okonjo -Iweala emerges as the Director- General of the World Trade Organisation. The Ministry of Foreign Affairs made this known in a press statement on Thursday. The statement signed by the spokesperson for the Ministry of Foreign Affairs, Ferdinand Nwonye, was […]
Burnley are on the verge of being taken over in a deal worth around £200m by Egyptian businessman Mohamed El Kashashy. The takeover is being led by El Kashashy, who is based in Dubai and made his name in the Food and Leisure industry. The deal involves sports lawyer Chris Farnell. According to reports, discussions […]
Ngozi Okonjo-Iweala was set to be named the next the director-general of the World Trade Organisation (WTO) on Wednesday — until the United States happened. Okonjo-Iweala had got the support of 110 out of 164 member countries, including Japan, AU, EU, the Caribbean, and a majority in Latin America. The panel of three set up […]
The United States has explained why it is against the election of Ngozi Okonjo-Iweala as the next director-general of the World Trade Organisation (WTO). In a statement issued by the office of the US trade representative on Wednesday, the world power said the WTO is in dire need of reform and must be “led by […]
