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NBS lowers parameter for rating employment
Sopuruchi Onwuka Government has reduced the consideration for being categorized as employed in the country to near idleness as the country’s unemployment figures continues to global peak, insisting that about 75 percent of working age adults are employed in the…
NCDMB commissions three ICT centres in Akwa Ibom
Sopuruchi Onwuka Three secondary schools in Akwa Ibom State will now conduct academic activities with the ease of Information and Communication Technology (ICT) infrastructure, courtesy of the Nigerian Content Development and Monitoring Board (NCDMB). The agency which is leading capacity…
NCDMB partners Stoilic Shipping on cadets training
The Nigerian Content Development and Monitoring Board (NCDMB) has held a kick-off ceremony marking the commencement of the Cadets Training Programme being organized with Stoilic Shipping Ltd, a renowned maritime training school. The event which was conducted in Apapa, Lagos…
NCDMB to launch 17 firms from technology incubation centre
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared that it will today launch new 17 portfolio companies that have passed through the Board’s Technology Incubation and Innovation Centre (TIIC). The local capacity building agency and domestic…
Nigeria’s inflation overshoots to near-two-decade high in July
Sopuruchi Onwuka Nigeria’s inflation on global ratings jumped by 1.3 percent in one month to reach troubling 24.1 percent just one month after the new government of President Bola Tinubu came into office and pulled all the price triggers in…
Seplat offers development partnership to Edo State
Sopuruchi Onwuka Seplat Energy Plc and the Edo State government have agreed to deepen their partnership towards improved social, economic and environmental development. The partnetship was part of the discussions during a courtesy visit to the Executive Governor of Edo…
ACFTA: China’s $160 bn package to fund African industrialization
Sopuruchi Onwuka New race for African governments in the ongoing Chinese loan disbursements would be to advance industrial propositions that would enable flow of local goods and services in the toll free African Continental Free Trade Area (ACFTA), shifting the…
Diezani: Who goes to jail?
Sopuruchi Onwuka The pressing of charges on Mrs Diezani Alison-Madueke, now popularly known as Diezani, is set to burst a can of worms in the lingering intrigues that held millions of Nigerians spellbound over drawn out corruption case involving millions…
Amend EPSRA, PIA to fix distressed power sector, El-Rufai warns
Sopuruchi Onwuka Former governor of Kaduna State, Mallam Nasir El-Rufai, declared that the laws governing operations in the power and petroleum sectors should be aligned to salvage the increasingly distressed and illiquid electricity supply industry. Mallam El-Rufai stated that the…
Comparative data challenges NNPC’s import claims
Sopuruchi Onwuka Market data from S&P Global Commodities at Sea have revealed that Nigeria’s petrol import in May averaged just 205,200 b/d or 32,595,000 liters in May, validating reports by The Oracle Today that the about 70 million liters regularly…
