The European Union (EU) is sponsoring a young Nigerian fashion designer to this year’s Madrid Fashion week holding in September, This is the prize for winning the 2023 Europe Day Afro-Euro Runway fashion show held in Abuja at the weekend. The young Nigerian, Oyindamola Aleshinloye, with the brand name “Kadiju” …
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Allegation of misappropriation of N120billion false- Arik Air
The management of Arik Air Limited (in receivership) has dismissed allegations of misappropriation of funds to the tune of N120 billion. The Economic and Financial Crimes Commission had reportedly detained the Receiver Manager appointed by the Assets Management Corporation of Nigeria for Arik Air, Mr Kamilu Omokide, over alleged misappropriation …
Read More »Afreximbank Launches Insurance Subsidiary To Support Intra-African Trade
The African Export-Import Bank (Afreximbank) launched its insurance management services subsidiary, AfrexInsure, with a commitment to provide a single-entry point for all specialty insurance needs to assist in optimally managing related risks for the trade and commerce sector in Africa.Established in 2021, AfrexInsure is set up to offer specialty insurance …
Read More »Nigeria ratifies WTO Fisheries Subsidies Agreement, deposits instruments with DG- Amb . Abdulhamid
Dr Ngozi Okonjo Iweala DG WTO receives the instrument of ratification for the WTO Fisheries Subsidies Agreement from Amb.Adamu Mohammed Abdulhamid Nigeria has ratified the World Trade Organisation (WTO) Fisheries Subsidies Agreement and deposited the instrument the Director General at the Secretariat. This was disclosed in a statement by Ambassador …
Read More »The Light of Liberty shall never be extinguished in our land-President Tinubu
TEXT OF DEMOCRACY DAY NATIONAL BROADCAST BY HIS EXCELLENCY PRESIDENT BOLA AHMED Tinubu, GCFR ON JUNE 12, 2023 Fellow Nigerians, It is exactly three decades today that Nigerians went to the polls to exercise their inalienable right to elect a President of their choice to lead the transition from military …
Read More »CAC: Pursuit of Excellence in line with global best practices our watchword – RG
The Registrar General of Corporate Affairs Commission, Alhaji Garba Abubakar, has restated the commitment of the Commission to strive to continue to operate in accordance with global best practices. Speaking at the end of a 3-day Multilateral Peer Exchange Event on Practical Aspects of Implementing Beneficial Ownership Reforms, the Registrar …
Read More »CBN:Emefiele fired, faces probe
President Bola Ahmed Tinubu has suspended the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, from office with immediate effect. This is contained in a statement issued on Friday night by Willie Bassey, Director in the office of the Secretary to the Government of the Federation. The statement …
Read More »Meta introduces broadcast tool Channels on WhatsApp
Meta Platforms on Thursday introduced WhatsApp Channels, a feature that the social media giant said would help make the app a “private broadcast messaging product.” Users in Colombia and Singapore will be the first to receive access to Channels. Over the coming months, Meta will expand the availability of the tool …
Read More »WTO:Amb.Adamu thanks members of Goods Council for reaching Consensus.
Nigeria’s Ambassador to World Trade Organization, Ambassador(Dr.)Adamu Mohammed has thanked members of Goods Council for their collaboration and flexibility in reaching consensus on the 2023 chairs of the subsidiary bodies of the council. Ambassador Adamu is the chair of the Goods Council. It will be recalled that World Trade Organization …
Read More »Ferrari does not need to buy other supercar makers, CEO says
Ferrari (RACE.MI) has no plans to purchase other sports car makers, the company’s Chief Executive Benedetto Vigna said on Monday. “I don’t think it makes sense for us to buy other supercar makers,” Vigna said during a conference organized by Bloomberg, replying to a question about possible M&A operations by …
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