Nigeria Won’t Abandon Paris Climate Accord—FG

By Adedapo Adesanya The House of Representatives has urged the Federal Ministry of Power and the Transmission Company of Nigeria (TCN) to urgently provide funds for the completion of the Okpai–Kwale Transmission Line Project in Delta State. At the plenary on Tuesday, the lower chamber of the parliament mandated its Committee on Power to ensure that bottlenecks mitigating against the completion of the project are effectively addressed and the project is completed in due time. This followed a motion moved by Mr Nnamdi Ezechi, the lawmaker representing Ndokwa/UKwuani Federal Constituency in the National Assembly on the floor of the green

By Adedapo Adesanya An initiative to boost youth employment and shore up Nigeria’s foreign exchange (FX) earnings has been introduced by the Nigerian government. The scheme, the National Talent Export Programme (NATEP), was unveiled over the weekend at the Microsoft Office in New York, United States of America by the Minister of Industry, Trade and Investment, Mrs Doris Uzoka-Anite. She said the programme would position Nigeria as an export hub for talent outsourcing in Africa following the example of India, Bangladesh, Mexico and The Philippines. Mrs Uzoka-Anite noted that NATEP is a key national initiative that will serve as a

By Modupe Gbadeyanka On October 1, 2023, food enthusiasts and stakeholders will gather at the Tafawa Balewa Square, Lagos to have a taste of Nigerian cuisine at an event organised by 3X4 Foods, a subsidiary of 3 BY 4 Gourmet. The founder of 3X4 Foods, Ms Banke Makinde, said the programme, Street Food Celebration, would be used to showcase the Nigerian culture, through food, to the world. She said the event would provide an opportunity to celebrate Nigeria’s culture, history, and people through street food, and promote cultural entertainment, and delicious gourmet street food. According to her, Street Food Celebration

By Adedapo Adesanya  The Senate and the House of Representatives will on Tuesday resume plenary after weeks of vacation with expectations that they will attend to correspondences from President Bola Tinubu. The upper chamber adjourned for a six-week annual recess on August 17 after confirmating 45 out of the 48 ministerial nominees of President Tinubu. The Senate President, Mr Godswill Akpabio, also announced the composition of 74 standing committees on that day. Upon resumption, the Senate will commence its legislative duties by attending to correspondences from the President requesting the confirmation of some appointments he made. The appointments include those

Business Post Nigeria, a fast-rising digital news platform owned by Business Post Integrated, needs interns who have passion for financial journalism and hope to build a career in the field. The interns will work closely with our Editors and can be assured of being better than they joined our team. Job Description Write financial news reports suitable for publication. Source for news stories and conduct press interviews. Cover media events for the company even at the shortest notice. Requirements A minimum of OND in Mass Communication, Accounting or Economics. A brief or basic knowledge of the Nigerian financial markets is

By Adedapo Adesanya Football’s governing body, Federation of International Football Association (FIFA), has banned Mr Ahmad Ahmad, the President of the Confederation of African Football (CAF), for five years for breaching some of its codes. He has been sanctioned with a ban from all football-related activities (administrative, sports or any other) at both national and international levels for the duration. In addition, Mr Ahmad, former president of the Madagascar Football Association, has been fined 200,000 Swiss francs. Under FIFA rules, Mr Ahmad can appeal the decision at the Court of Arbitration for Sport (CAS) once he has received the full

By Dipo Olowookere Embattled oil company, Oando Plc, has reacted to the lingering crisis it has with the Securities and Exchange Commission (SEC), which is bent looking into its books. Oando, in a statement released on Friday, December 15, 2017, emphasised that it challenged the actions of the capital market regulator under the leadership of the suspended Director General of SEC, Mr Mounir Gwarzo, in order to protect its integrity and its shareholders. The energy firm had approached a Federal High Court in Lagos to stop the forensic audit and suspension of its shares on the Nigerian Stock Exchange (NSE).

By Dipo Olowookere The Task Force on Food Security constituted by the Federal Executive Council on Wednesday, February 1, 2017, has identified some of the factors contributing to unduly high food prices, especially at urban markets throughout the country. At its inaugural meeting on Friday, the task force said some of these factors are poor state of rural infrastructure like roads, multiple revenue collecting points on the highways, and inadequacy of distribution networks-all of which contribute, among other things to high transportation costs. At the meeting presided over by the Acting President, Mr Yemi Osinbajo, the task force said it

By Dipo Olowookere A new feature has been introduced by Truecaller for its premium users as part of efforts to deliver quality service to them. The new feature is the ‘Call Recording,’ which helps users report harassment and fraud. It comes as another great upgrade in the company’s efforts to improve its Premium offerings. The Truecaller app helps callers achieve more safe and efficient communications. From users identifying new business clients, to empowering women to avoid and report harassment, or for everyone being protected from potential fraud, Truecaller has been there to safeguard calls and SMS and give callers the

By Adedapo Adesanya On Monday, May 31, 2021, shareholders of NASD Plc will gather in Lagos for the company’s 8th Annual General Meeting (AGM). This development was announced by the organisation in a notice filed to the NASD Over-the-Counter (OTC) Securities Exchange, where it trades its stocks as a demutualised entity. The disclosure from the firm explained that the meeting has been scheduled to take place at its headquarters, located on the 9th Floor of the UBA House on 57, Marina, Lagos by 11 a.m. The board of the company will the occasion to update the shareholders of efforts being

By Modupe Gbadeyanka The Federal Executive Council (FEC) on Wednesday, July 12, 2017, approved the sum of N2.7 trillion for payment of some debts owed by the Federal Government. Minister of Finance, Mrs Kemi Adeosun, made this known while briefing State House correspondents after the FEC meeting held at the Presidential Villa, Abuja and presided over by the Acting President, Mr Yemi Osinbajo. She said the approved about N2.7 trillion comprises N740 billion meant to pay pensioners, including former employees of the defunct Nigerian Airways, as well as promotional salary arrears. “The council approved N750 billion for the payment for

By Yvonne-Faith Elaigwu ‘Cashless’ has probably become one of the most popular words in Nigeria in the last few months. While it can be defined in different ways, it has one universal meaning and is characterised by the exchange of funds for goods and services by methods other than the use of cash. This little or no dependence on cash is not forced by an inability to queue for hours at an ATM or an unwillingness to pay an exorbitant fee to a PoS or mobile money agent. No, this little dependence on cash is because of the ability to