Coalition wants UN to do more on child bombers
The Coalition of Civil Society for Human Rights and Conflict Resolution has charged the United Nations, UN, to do more to protect children that have become targets of the Islamic State of West African Province, ISWAP, as instruments for war.
In a statement, Sunday, by Dr Peter Hosea, Head of Administration, the group, the Secretary-Genera [...]
CBN again injects $210 million into forexmarket
The Central Bank of Nigeria, CBN, has again injected the sum of $210 million into the inter-bank Foreign Exchange Market.
Figures obtained from the CBN last Tuesday indicated that authorized dealers in the wholesale segment of the market were offered the sum of $100million, while the Small and Medium Enterprises, SMEs, segment received th [...]
NAICOM replaces SIP, introduces revise insurance distribution policy
The National Insurance Commission said it will be introducing a revised insurance distribution channel to non-insurance bodies, to enable them sell insurance to every part of the country.
NAICOM said the new distribution licences will replace the State Insurance Policy, SIP, which was cancelled after the Nigerian Council of Registered Ins [...]
Ortom swears in 23 caretaker chairmen
Benue State Governor Samuel Ortom has sworn in caretaker chairmen for the 23 local governments in the state with a charge to them to ensure payment of salaries and security of lives and properties.
Speaking during the swearing in, Governor Ortom said their appointments became necessary to fill the gaps created when the tenure of the elect [...]
SERAP sues CCB over asset declaration of public officials
The Socio-Economic Rights and Accountability Project, SERAP, has filed a lawsuit in the Federal High Court, Lagos, against the Code of Conduct Bureau, CCB, over the CCB’s claim that it could not disclose details of asset declarations submitted to it by successive presidents and state governors since 1999 because doing so &ldqu [...]
Attacks on Nigerians: FG reads riot act to Ghana, Togo
Following reported cases of attacks on Nigerians in some neigbouring West African countries, the federal government has read the riot act to Ghana and Togo to put an end to the attacks of Nigerians in their countries.
Chairman of the Nigerian Diaspora Commission, NIDCOM, Hon. Abike Dabiri-Erewa, made this known while addressing journalist [...]
FDI to Nigeria dips by 43%
Foreign direct investment, FDI, to Nigeria plunged by 43% with West Africa witnessing a 15% decline to $9.6 billion in 2018.
Nigeria’s FDI is now put at $2 billion.
The situation for the continent saw FDI up to US$46 billion in 2018, an increase of 11% on the previous year, according to UNCTAD’s World Investment Report [...]
Investment tribunal frowns at AUPCTRE contempt
The Management of the Investments and Securities Tribunal, IST, has frowned at the alleged invasion of their premises by the Amalgamated Union of Public Companies, Technicians, Recreational and Entertainment Employees, AUPCTRE, in violation of an order of the National Industrial Court, that directed AUPCTRE and its officials to keep off the prem [...]
INEC disowns rumoured resignation of ICT Director
The Independent National Electoral Commission, INEC, has refuted claims that its Director of Information and Communication Technology, ICT, Chidi Nwafor, has resigned.
The commission made the clarification in a notice on its official twitter handle @inecnigeria, on Saturday.
It described the rumour as false, urging members of the p [...]
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