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THE Nigeria Labour Congress (NLC) has described the appointment of Dr Ngozi Okonjo-Iweala on Monday, February 15, 2021 as the Director-General of the World Trade Organisation (WTO) as a feat consistent with her “sterling and...
THE federal government has unveiled plans to incorporate an infrastructure company with an initial seed value of one trillion naira to be known as Infra-Co, a statement from the Office of the Vice President has...
DUTCH beer brewer, Heineken NV said on Wednesday that it plans to cut about 8,000 jobs as it is seeking to restore operating margins to pre-pandemic levels after a sharp decline in profit because of...
MANUFACTURERS and industrialists on Wednesday appealed to the Federal Government and the Central Bank of Nigeria for a review of the available foreign exchange (FX) policies in the country. They said this would support the import...
ONGOING efforts by Dangote Coal Mines Ltd to reach mutual out-of-court settlement with its host community of Akpali in a recent litigation on compensation over community land on which the company is currently mining coal...
THE International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers' Associations (IUF) has launched a global online campaign for the reinstatement of two Guinean trade union leaders sacked for defending their co-worker...
SEVERAL communities and aggrieved individuals in Benue State are at the verge of suing Dangote Group of Companies over its strip mining of coal which has allegedly caused serious environmental damage and particularly polluted rivers...
Briefing shareholders at the 11th Annual General Meeting (AGM) held in Lagos last week, Dangote told the shareholders that the year 2019 was a strong year given the tough business environment across most of its operating geographies. He disclosed that the Group recorded volumes of 23.7 million metric tonnes and revenues of ₦891.7 billion.
“Importantly, AU should reaffirm the objective of the Bank, which is to finance Africa’s development. The American ridicule and disparage of the Bank is unacceptably brazen and provocative. According to the World Bank President, David Malpass, who is an American nominee of Trump administration, AfDB “lends too quickly”, thus aggravating the countries' debt problems, the allegation the Bank had dismissed as “Untrue and unfounded,”.
The COVID-19 outbreak, the IMF said, has magnified existing vulnerabilities, leading to a historic contraction in real GDP growth and to large external and fiscal financing needs.