Why Nigeria Commodity Exchange is dormant – Official

The Nigeria Commodity Exchange (NCX) said lack of sufficient funding and requisite support from the authorities are militating against the effort to achieve optimal performance of its statutory functions. Head, Corporate Communications and Strategy, Mr Chris Echikwu, gave the reasopn...

Association to partner NSE against quacks in construction sector

The Builders and Construction Skilled Artisans Association of Nigeria (BACSAAN) said it will partner the Nigerian Society of Engineers (NSE) to eliminate quacks and curb incidences of collapse buildings. The National President of BACSAAN, Alhaji Fasasi Mohammed-Jamiu, made this known...

Zone `C’ customs compliance team rakes in N30.7m IGR

The Comptroller-General of Customs (CGC) Compliance Team, Zone ‘C’, generated N30,737,646.00 internally in 2017, the National Coordinator, Mr Ahmed Azarema, has said. Azarema, a Comptroller of Customs, gave the figure in Benin on Monday. The official said the revenue was...

National Park Service to be repositioned for global service delivery

  The Conservator-General, Nigeria National Park Service, Alhaji Ibrahim Goni, on Monday said the service would be repositioned for global service delivery so as to boost its revenue generation potential. Goni said this in Abuja, adding that since one of the...

UN, Afghan launch $430m humanitarian aid appeal for 2018

The UN and the Afghan Government on Monday launched a 430-million-dollar appeal for humanitarian assistance in the war-torn country in 2018. The UN’s Office for Coordination of Humanitarian Assistance (OCHA) said the funds will be used to help provide 2.8...

Ex-militant slams N3b libel suit against aide to NDDC’s boss

A Zuba High Court in Abuja on Monday fixed February 14, for hearing on N3 billion libel suit filed by an ex-militant, Eshanekpe Isreal, also known as General Akpodoro. Israel had filed the suit against Mr Jaro Egbo, an aide...

Kaduna SUBEB to spend N337.19m on teacher training in 2018

Amidst crisis over the quality of teachers in public schools, Kaduna State Universal Basic Education Board (SUBEB) plans to spend N337.19 million on teacher training in 2018. The figure is contained in the state’s 2018 budget obtained from the state...

Buhari, Osinbajo, others lay wreath to honour fallen Heroes

President Muhammadu Buhari and Vice President Yemi Osinbajo on Monday led Service chiefs, other top government functionaries and members of the diplomatic corps to lay wreaths in honour of those died in service in Nigeria and at international assignments. The...

China applies new standard to measure Russian crude quality

China on Monday started using new standard to measure water content in the imported pipeline crude oil from Russia to better safeguard China’s economic interest, state energy giant, CNPC, said on Monday Chinese quality inspectors found that the Russian way...

Price of brent crude oil rises to $70 on output cuts

The price of brent crude oil rose to 70 dollars a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future...