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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…
IATA predicts 116% passenger growth in African aviation
The International Air Transport Association (IATA) has predicted more than double the number of passengers flying African airlines in the year following liberalization of movements after travel restrictions imposed in response the covid-19 pandemic. The body stated that African airlines…
Onyeama demands pan-African collaboration against insecurity, maritime threat
Nigerian has called for urgent action to end terrorism, piracy and trafficking along the African Atlantic coast. Foreign Affairs Minister, Geoffrey Onyeama, made the call while stating Nigeria’s position at the First Ministerial Conference of African Atlantic States in Rabat,…
Nigeria’s public debt crosses $100 bn mark
Nigeria’s total debt stock has at the end of first quarter of 2022 reached N41.60 trillion and crossed the $100 billion mark. The Debt Management Office (DMO) declared that the country’s debt recorded a quarterly increase of N2.04 trillion. The…
Access Bank stakes $37m in Kenyan Bank
Nigerian commercial bank, Access Bank Plc, is working out transactions that would confer it with controlling stakes in smaller commercial bank operating in Kenya, the Sidian Bank. Access Bank is buying the stake off an investment group, Centum Investments Plc,…
Heirs Holdings, ND Western stand out as Shell closes bid on JV stake
Two indigenous oil companies are expected to proceed with efforts to buy up the 45 percent stake in the oil and gas assets operated by Shell under a joint venture agreement with government and two other companies. The Oracle Today…
