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Buhari re-appoints Emeka Ngige as Council of Legal Education Chairman
Appointments

Buhari re-appoints Emeka Ngige as Council of Legal Education Chairman

The President, Major General Muhammadu Buhari has reappointed Chief Emeka Ngige (SAN) as the head of the Council of Legal Education. Independent News reported that the newly changed council, which will be formally introduced in Abuja today (Tuesday), will also include 17 nominations from the Nigerian Bar Association in addition to the 36 State Attorneys-General. Ngige […]

Inflation rate records 22.22% increase
News

Inflation rate records 22.22% increase

    The inflation rate in Nigeria rose to 22.22 percent in April from the 22.04 percent recorded in March, marking the fourth consecutive month of growth. This is in accordance with the National Bureau of Statistics’ Commodity Price Index data, which was released on Monday. In comparison to March 2023, the headline inflation rate […]

Ban on styrofoam, satchet alcohol to worsen employment - NECA
Economy

NECA calls for suspension of new manufacturing tariffs

The federal government has been urged to halt the proposed tariff hike for the manufacturing sector, according to the Nigeria Employers Consultative Association. Nairametrics reported that according to them, the introduction of excise duty on single-use plastics and the Import Adjustment Tax levy on vehicles of 2000 will have disastrous effects on the manufacturing sector. […]

Stanbic-IBTC
Business

Stanbic IBTC Pension tasks workers to plan for retirement

The Executive Director of Stanbic IBTC Pension Manager, Nike Bajomo, has encouraged employees and customers to gain the necessary knowledge to lead a comfortable life after retirement. According to The Punch, Bajomo stated this during a one-day seminar/training session organized by the company for its retiring workers and clients. She further emphasized the significance of […]

SERAP
Business

SERAP warns World Bank against $800m loan to FG

Kazeem Owoseni A human rights organization, Socio-Economic Rights and Accountability Project has warned the World Bank to shelve the idea of disbursing the $800 million loan recently requested, to the Federal Government of Nigeria. The group, in a letter issued on May 13, by its Deputy Director, Kolawole Oluwadare instructed the World Bank to only […]

Tengen Holdings Limited acquires 220m more units of Access Holdings shares
Business

Tengen Holdings Limited acquires 220m more units of Access Holdings shares

Tengen Holdings (Mauritius) Limited, a business connected to Access Holdings Plc’s Group Chief Executive, Dr. Herbert Wigwe, has purchased 220 million more shares in the company for N2.4 billion. Nairametrics reported that this notice was found in an insider’s notification of share dealing to the Nigerian Exchange Limited. A total of 220 million shares, or 0.62% […]

Amazon launches general-purpose AI agent Nova Act
Business

Amazon optimises delivery to cut cost

E-commerce company, Amazon has announced that it has optimized its delivery network after the COVID-19 pandemic to improve delivery speed, reduce costs, and lower carbon emissions. The renowned online retailer has managed to reduce delivery times by reshaping its inventory management system and search capabilities to show customers the products closest to them. According to […]

NITDA reiterates commitment to advancing engineering procedures
Business

NITDA reiterates commitment to advancing engineering procedures

The National Information Technology Development Agency has stated that it is open to working with African engineering professionals to integrate cutting-edge technological tools, services, and knowledge into engineering processes for increased productivity and client satisfaction. According to the News Agency of Nigeria, this was announced by the NITDA Director General, Kashifu Inuwa CCIE, when he hosted […]

US, EU forge alliance to address China's export control
News

US, EU forge alliance to address China’s export control

In a significant move to address mounting concerns about China’s non-market practices, Washington and the European Union are set to announce their commitment to joint action and coordinated export controls. The draft statement, providing a glimpse into the upcoming EU-U.S. Trade and Technology Council meeting, reveals a strategic alliance aimed at tackling economic coercion and […]

Economy

Why Africa must decrease intra-African, global trade costs – Okonjo Iweala

President of the World Trade Organization, Dr. Ngozi Okonjo Iweala, has stated that in order for Africa to successfully implement the African Continental Free Trade Area, we must lower the costs associated with doing business both within the continent and with the rest of the world. Nairametrics reported that she emphasized that some tariffs and obstacles result […]

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