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NCDMB pledges space for women at industrial parks

Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared that its industrial parks currently under development stages will hold special slots for women enterpreneurs in technical services, manufacuting and energy related businesses. The agency which is responsible…

WTO to act on ocean fish, food security, COVID vaccines

Sopuruchi Onwuka, with agency report The World Trade Organization (WTO) weekend concluded its meeting attended by over 100 ministers of sovereign nations with a resolve to tackle three global health, environmental and hunger emergencies. The WTO members also reached a…

Israel commends Argentina on grounding Venezuelan plane

Israel praised Argentina on Thursday for holding a Venezuelan plane that included Iranian crew, saying the flight shows Tehran is trying to expand its influence in South America. Washington also made clear it is keeping close tabs on the investigation…

NERC vows improved power supply from July 1

Sopuruchi Onwuka Homes and businesses in the country will begin get energy cost relief by next month when the Nigerian Electricity Regulatory Commission (NERC) has determined for total reset of the commercial relay designed to guarantee steady supply of electricity…

NCDMB to raise female quotient in oil industry training

Begins disbursement of $40m Women Fund Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) will formally require operating companies in the Nigerian petroleum industry to increase the proportion women in their regular human development programmes, including courses that…

PIA: Women must be positioned for oil crew change

Sopuruchi Onwuka Deliberate policy and structural measures should evolved to dismantle cultural norms that nurture gender bias in the technical and male dominated professions and workplace environments in order to allow the sectors harness the capacity and expertise of women…

Nigeria loses $1.7 bn suit against JPMorgan Chase

Sopuruchi Onwuka Federal government has lost its case seeking princely $1.7 billion claims from New York based American multinational investment bank and financial services holding company, JPMorgan Chase. The claims sought by government included some hundreds of million dollars paid…

NCDMB, NAICOM LAUNCH INSURANCE SERVICES GUIDELINES

The Nigerian Content Development and Monitoring Board (NCDMB) and the National Insurance Commission (NAICOM)have signed insurance services guideline which will oblige the oil and gas industry to patronize the local insurance sector, thereby retain spend in the economy. The guidelines…

Okonjo-Iweala warns of grim impact of global crises on the poor

Director General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, says a combination of grim developments across the world poses gloomy future for the world populations, especially those from poor nations. Dr Okonjo-Iweala who chairs the ongoing meeting of more…

Oriental News holds confab on Financial Inclusion

Key stakeholders in Nigeria’s financial sector would engage in a robust round table discussion on government’s key policy which centres around inclusive financial system that will cover all strata of the society. The experts drawn from key private sector organisations…