Author name: Godswill Odiong

Dubai eases restrictions ahead of Africa oil Week in November

Dubai is now among only a small proportion of locations in the world for which there are no current travel restrictions. Following a decision by the UAE Government and Dubai Tourism, travellers from all countries are now welcome to enter Dubai. All they need to hold is a negative COVID-19 PCR test certificate, which has

Dubai eases restrictions ahead of Africa oil Week in November Read More »

JUST IN: OPEC+ raises Nigeria’s quota to 1.830 million bpd

OPEC’s ECB meets for its 21st Special Meeting

The 21st Special Meeting of OPEC’s Economic Commission Board (ECB) commenced via videoconference. The ECB is carrying out a detailed technical review of the Organization’s World Oil Outlook (WOO) 2021, including the COVID-19 pandemic challenge, as well as future developments related to energy policy and technology. OPEC Secretary General, HE Mohammad Sanusi Barkindo, opened the

OPEC’s ECB meets for its 21st Special Meeting Read More »

First Bank cautions customers against fraudsters

Niger Government shuts Stanbic IBTC, Polaris Bank, Union Bank, First Bank, Heritage Bank, Unity Bank, GTB, others over tax

By OUR CORRESPONDENT Niger State Board of Internal Revenue, BIR, Monday, shut several institutions and eight banks over alleged tax liabilities, amounting to N456million. In a statement obtained by The Daily, www.thedaily-ng.com, Executive Chairman of the Board, Alhaji Mohammed Madami Etsu, disclosed the tax defaulters to include, Stanbic IBTC (N113.2 million) Polaris Bank (N74.8 million),

Niger Government shuts Stanbic IBTC, Polaris Bank, Union Bank, First Bank, Heritage Bank, Unity Bank, GTB, others over tax Read More »

AfDB

Japan Credit Rating Agency reaffirms AfDB’s AAA rating with stable outlook

Japan Credit Rating Agency (JCR) has affirmed the African Development Bank’s long-term rating at AAA with a stable outlook. The agency commended the African Development Bank for its strong member-country support, as evidenced by the seven general capital increases it has carried out to date. The report reflected on the institution’s financial structure, risk management

Japan Credit Rating Agency reaffirms AfDB’s AAA rating with stable outlook Read More »

NIGERIA POWER REPORT

Installation of 27 Transformers starts as at JHNPP takes shape

Installation of 27 transformers which will increase transmission voltage of the electricity produced by the turbines from 15 kilovolts to 400 kilovolts at the Julius Nyerere Hydro Electric Power Project (JHNPP) has started. This was revealed by Resident Engineer John Mageni from Tanroads Engineering Consultation Unit (TECU) during a recent official tour of the project’s

Installation of 27 Transformers starts as at JHNPP takes shape Read More »

UNITAMS convens first meeting as Chair of Permanent Ceasefire Committee in Darfur

Permanent Ceasefire and Final Security Arrangement of the Juba Agreement for Peace in Sudan. The meeting will discuss the implementation modalities of the Permanent Ceasefire Committee and its subsidiary mechanisms, and will include participants who are members of these entities (military and security officials, armed movement signatories), as well other stakeholders including representatives from the

UNITAMS convens first meeting as Chair of Permanent Ceasefire Committee in Darfur Read More »

GUINEA: UK joins ECOWAS, UN, AU, others to condemn military seizure of power

The UK Government has joined the Economic Community of West African States, ECOWAS, the African Union, the United Nations, the European Union and other partners in condemning the removal by force of the President of Guinea, Alpha Condé. In a statement, Monday, UK Minister for Africa, James Duddridge stated: “We call for the immediate release

GUINEA: UK joins ECOWAS, UN, AU, others to condemn military seizure of power Read More »

Zambia’s new president, H.E. Hakainde Hichilema, to join the IMF, WHO and IFC at The Africa Debate next week

The newly elected President of Zambia, H.E. Hakainde Hichilema, will address over 1000 global businesses and investors at Invest Africa (InvestAfrica.com)’s flagship event, The Africa Debate (TheAfricaDebate.com), on 15th September. The virtual broadcast will see President Hichilema outline his plans to restore macro-economic stability to Zambia in conversation with the Chairman of Invest Africa, Rob

Zambia’s new president, H.E. Hakainde Hichilema, to join the IMF, WHO and IFC at The Africa Debate next week Read More »

UNSMIL commends Government of National Unity, Presidency Council, judicial authorities in Libya

The United Nations Support Mission in Libya (UNSMIL) takes note of the release, on 5 September, of Mr. Al-Saadi Gadhaffi, along with Mr. Ahmed Ramadan and six other officials of the former regime who were detained for seven or more years. Mr. Gadhaffi’s release is in compliance with a legal order following his acquittal by

UNSMIL commends Government of National Unity, Presidency Council, judicial authorities in Libya Read More »

Scroll to Top