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Position SON for AfCFTA, MAN Urges FG

The Kano branch of the Manufacturers Association of Nigeria (MAN) has called for the proper positioning of the Standards Organisation of Nigeria (SON) at the Nation’s entry points in preparation for the implementation of the African Continental Free Trade Agreement (AfCFTA).  National Vice President of MAN, North West Zone, Alhaji …

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Rivers, Zamfara Missed Out as FG Disburses N123.34bn Grants to States

The Federal Government has disbursed another round of performance-based grants to states in the sum of N123.348bn ($324.6m) under its States Fiscal Transparency Accountability and Sustainability Programme for Results. Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this in a statement issued in Abuja on Wednesday by the …

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Ghana’s Inflation Rises to 10.4% in December 2020

Ghana’s year-on-year inflation rate rose to 10.4 per cent in December compared to 9.8 per cent the previous month, the Ghana Statistical Service said on Wednesday. The rate is 0.6 percentage point higher than the rate for November, 2020. The month-on-month inflation between November and December 2020 was 0.9 per …

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‘Father Kukah Has Greatly Offended Many’

The Presidency said the Bishop of Sokoto Diocese, Most Rev Matthew Hassan Kukah has greatly offended many with his controversial remarks against the government and the person of President Muhammadu Buhari, with some even accusing him of voicing anti-Islamic rhetoric. A statement on Wednesday signed by Garba Shehu, Senior Special …

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Oil Holds at Highest Since February

Oil prices held at their highest since February on Wednesday, with WTI trading above $53 a barrel and Brent over $56.5 a barrel, after API data showed US crude stocks fell for the third week by a faster-than-expected 5.821 million bpd. EIA data will be released later in the day. …

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Nigeria Postpones Resumption Schools Indefinitely

Nigeria’s Minister of Education Adamu Adamu has announced an indefinite postponement of resumption by schools which was earlier slated for January 18. The decision, according to Adamu at a press conference in Abuja on Tuesday, is due to the recent surge of the coronavirus pandemic after the country declared the …

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Nigeria Govt Signs $1.96bn Kano-Maradi Rail Project MoU

The Federal Government on Monday announced that it had signed a Memorandum of Understanding with Mota-Engil Group for the construction of the $1.959bn Kano-Maradi standard gauge rail project. Minister of Transportation, Rotimi Amaechi, signed on behalf of the Federal Government, while the Managing Director, Mota-Engil, Antonio Gvoea, signed on behalf …

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Twitter Shares Slump 8% After Trump Account Suspension

Twitter’s German-listed shares slumped as much as 8 per cent on Monday, the first trading day after it permanently suspended U.S. President Donald Trump’s account late on Friday. The company said suspension of Mr Trump’s account, which had more than 88 million followers, was due to the risk of further violence, following the …

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