The signing of the Memorandum of Agreement (MoA) signed by both parties took place recently at Hawthorn Suites in Abuja with members of AFAN National Working Committee and the media present.
Author: Ifeoma Ekeke
The transaction, announced on 8 June, was led by Nomura and RBC Capital Markets. It is the institution’s first benchmark Kangaroo since early 2018 and its first in the mid-curve since 2015. It is also the largest AUD trade ever issued by the bank. More than 30 investors participated in the deal, with a total order book of more than A$775 million, leading to an upsize of the trade from the announced size of A$250-300 million to the final size of A$600 million. These included a strong cohort of Australian investors, while fund managers were the major investor type.
The Department of Petroleum Resources says Nigeria’s proven natural gas reserve stood at 206.53 trillion cubic feet (tcf) as at Jan.1, 2021.
The number of children in child labour has risen to 160 million worldwide an increase of 8.4 million children in the last four years – with millions more at risk due to the impacts of COVID-19, according to a new report by the International Labour Organization (ILO) and UNICEF.
The Interim Administrator of the NDDC, Efiong Akwa made the promise when a delegation from the NDDC Chapter and Rivers State Branch Executive of NIM paid him a courtesy call at the Commission’s headquarters in Port Harcourt.
According to the Chief Executive Officer of the brand, Philip Ikezahu, he said the requests for their products have been overwhelming and that the company is surprised that such sales can be pulled in the first month of business.
This was disclosed by the Managing Director, NLNG, Tony Attah, at the announcement of the agreement on the sideline of the ongoing 4th Nigeria International Petroleum Summit ( NIPS) in Abuja on Tuesday.
The Second Five-Year Plan 2020-2025 is an updated action document succeeding the 2015 Climate Change Policy and Action Plan adopted by Lagos after the landmark Paris Climate Change Conference, which encapsulated the state’s vision for achieving a zero-carbon Lagos.
He disclosed this at a stakeholders‘ meeting, stating that residents should give maximum cooperation to the contractor while trying to achieve the ROW.
The President of ABCON, Alhaji Aminu Gwadabe, disclosed that the policy change was part of the resolutions made by BDC directors at the meeting of the operators in Lagos.
The empowerment platforms have impacted nearly 1000 businesses and artisans with grants of N200,000.
NAFDAC resident media consultant, Olusayo Akintola, disclosed this in a statement, noting that the procedures were to ensure ease of doing business in Nigeria.
ILO disclosed this in its World Employment and Social Outlook: “Trends, (WESO Trends).”
The CBN received a total foreign currency inflow of $40 billion during the year compared to $62 billion a year earlier. The Central Bank of Nigeria has recorded a deficit or a net foreign currency outflow of $3 billion in 2020 (2019: $4 billion).
According to the survey titled, Global Family Business Survey for 2021, views of 2,801 family business leaders and decision-makers across 87 territories were sampled.
The event which is in collaboration with the African Energy Commission (AFREC), the African Petroleum Producers Organization (A.P.P.O) and African Refiners and Distributors Association (ARDA), culminates more than two years of work to expand dialogue, technical cooperation and enhanced research on the continent’s promising energy future.
According to its financial summary covering the 2016 and Q1 2021 fiscal year, NIPC said its operating surplus amounted to N184.56 million in Q1 2021.
Sylva lauded the company for investing in youth development and skill acquisition as opposed to other sectors of the economy that would probably yield higher return on investments.
The commitments will enable Nigeria to meet the compliance standards required in the implementation of beneficial ownership disclosure, contract transparency, environmental reporting, gender, mainstreaming and the implementation of recommendations in the NEITI audit reports as it concerns the DPR.
He said the effort would ensure its affordability, increased production, self–sufficiency, easy access to products by the farmers, and achieve food and nutrition security.