By Raphael Jov, Abuja The services of the National Metrology Institute (NMI), Enugu in ensuring accuracy of measurements in industry, trade and commerce is being expanded to all parts of Nigeria to promote rapid industrialisation through standardisation. The Director, NMI Engr. Bede Obayi made the disclosure at the Corporate Headquarters of the Standards Organisation of […]
BUSINESS AND ECONOMY
NCS boss lauds performance of personnel on duty
…As Nigeria enter day 3 lockdown By Victor Akaa, Abuja Report says, the Comptroller –General of Customs, Col. Hameed Ibrahim Ali (Rtd) has lauded outstanding performance of the its personnel for the job well-done in their various duty posts in the country. The Public Relations Officer, Nigerian Customs Service DC, Joseph Attah made this known […]
Covid-19 lockdown: Buhari orders Finance Ministry to pay salaries
President Muhammadu Buhari has directed the Ministry of Finance, Budget and National Planning to pay March salaries following his movement restriction in Lagos, Ogun and Abuja. The President gave the directive while meeting the COVID-19 Impact Assessment Committee on Thursday to review the effect of the outbreak on the economy. He urged the ministry to […]
FG warns against restriction of movement in other states except Ogun, Lagos and FCT
The federal government has said that the lockdown of some states and theclosure of their borders by their respective governors is illegal. Boss Mustapha further explained that only Lagos, Ogun and the federal capital territory (FCT) are on lockdown, warning against restriction of movements in other states. Prior to the president’s order, some governors had […]
Exclusive: Blackmailing Buhari is the new crude oil
As world economies brace for the financial impact of the COVID-19 virus and with Nigeria steeling itself for the economic strain that will come from slump in crude oil prices, persons recruited to blackmail and malign President Muhammadu Buhari are set to pocket huge payouts that rival crude oil revenue. Details that have leaked from […]
FG further drops fuel price
The Federal Government, Tuesday, further slashed the price of Premium Motor Spirit, PMS, also known as petrol, to N123.50 per litre, with effect from April 1, 2020, from N125 per litre. The new price, which would last throughout the month of April, was coming on the back of a continuous decline in the price of […]
ICC launches initiative to save SMEs
ICC has launched a call for urgent and decisive action to Save Our SMEs and combat the economic repercussions of the Covid-19 pandemic. Highlighting the threat to the continued operation of micro-, small- and medium-sized enterprises (MSMEs) worldwide, ICC has today launched a campaign to encourage coordinated and collective action to help make business work […]
Troops intercept boat loaded with parboiled rice
By Victor Akaa, Abuja The Armed Forces of Nigeria has said ,the troops of Operation Calm Waters and Swift Response had intercepted the smuggling of a parboiled rice into the country. A statement duly signed by the Acting Director, Defence Media Operations, Defence Headquarters, Brig. Gen. Bernard Onyeuko said,the troop had impounded a wooden boat […]
ACCI President commends members for demonstrating resilience
By Lubem Gena The President of Abuja Chamber of Commerce and Industry (ACCI), Prince Adetokunbo Kayode has commended members of the chamber for their resilience and contribution in the efforts towards the fight against the Coronavirus (Covid-19) pandemic. He made this known in a message after assessing the remote working initiative embarked upon by the […]
VP Osinbajo chairs economic sustainability committee
“The President today constituted an Economic Sustainability Committee he asked me to chair, on how to implement strategies to alleviate sufferings of Nigerians at this time,” VP Yemi Osinbajo, SAN, said at a Google Hangout where young Nigerian tech innovators discussed impact of COVID-19. The Committee is to take care of the economic challenges and fallouts […]