The General Assembly has approved a US$3.59 billion budget for the United Nations for 2024. The budget includes creation of a dedicated account to fund the organization’s peace-building fund. This was revealed in a statement issued by the Office of the President of the General Assembly on Sunday, the News Agency of Nigeria. According to […]
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The British American Tobacco Nigeria Limited (BATN) and affiliated companies will pay a $110 million penalty over multiple infractions, the Federal Competition and Consumer Protection Commission (FCCPC) said on Wednesday. According to a statement, the affiliated companies that contravened the laws include British American Tobacco Marketing (Nigeria) Limited (BATMN), British American Tobacco Plc, and British […]
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Senator Ali Ndume, representing Southern Borno Senatorial District, has criticised the Economic Community of West African States (ECOWAS) sanctions imposed on Niger Republic following the July coup d’état. He argued that the sanctions negatively impact the people of eight Nigerian states bordering Niger, as well as over 120,000 Borno State’s refugees fleeing Boko Haram attacks. […]
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Africa’s Richest Woman, Alakija Acquires Six Oil Blocks In Sierra LeoneNigerian billionaire and Africa’s richest woman, Folorunso Alakija, has been awarded exploration rights in six offshore oil blocks, following the issuance of a Petroleum Licencing Agreement by the Government of Sierra Leone. Julius F. Sandy, Secretary to the Sierra Leonean President, Julius Bio, disclosed in […]
Continue ReadingThe Nigerian Investment Promotion Commission (NIPC) says it is partnering with investors from Germany to shore up the country’s investment drive as trade volume between the two countries hit over £3 billion Euros.
Executive Secretary of the Commission, Mrs Aisha Rimi stated this in Abuja at a private sector dialogue with over 22 companies from Germany and Europe who have shown interest to invest in Nigeria, Daily Trust reports.
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Nigeria’s delegation to the G77+China Summit, led by Vice President Kashim Shettima,, signed a Memorandum of Understanding with the Republic of Cuba to enhance collaboration in Innovation, Science and Technology between the two countries.
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The Saudi Ministry of Hajj and Umrah has approved Federal Government of Nigeria’s demand to increase the 2024 slots of Tour Operators from 10 to 40.
The National Hajj Commission of Nigeria, NAHCON, while announcing the increment in a statement by Fatima Sanda Usara, Assistant Director, Public Affairs, said it is sequel to numerous consultations with the Kingdom of Saudi Arabia by the Nigerian government.
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