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Daily Archives: May 1, 2020

Workers’ Day: ANLCA Commends Maritime Workers

BEARS: ANLCA Presido Loses Brother

By Kenneth Jukpor As part of efforts to mark the International Workers Day celebrated on May 1st annually, the Association of Nigerian Licensed Customs Agents (ANLCA) has commended workers all over the world, particularly colleagues in the nation’s maritime industry. ...

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…says Nigeria’s oil, gas exports to fall by $26.5bn

…says Nigeria’s oil, gas exports to fall by $26.5bn

• Oil price rises to $25 The International Monetary Fund has said Nigeria’s oil and gas exports are expected to fall by at least $26.5bn this year as a result of the coronavirus-induced sharp drop in prices and demand. The ...

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ExxonMobil director Udom Inoyo retires from service

ExxonMobil donates vehicles for COVID-19

ExxonMobil affiliate companies in Nigeria have announced the retirement from the Company of Udom Uko Inoyo, Vice Chairman & Management External Advisor, Upstream Nigeria, after more than 30 years of meritorious service, effective May 1, 2020. Announcing the retirement in ...

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Shippers’ Council raises alarm on falling exports

Shippers’ Council raises alarm on falling exports

• Wants terminals to procure scanners The Nigerian Shippers Council (NSC), has raised an alarm over the free fall in exports at the seaports due to current lockdown occasioned by the COVID-19 pandemic. Executive Secretary, NSC, Hassan Bello, during a ...

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$3.4bn support: IMF to conduct due diligence on CBN

Emefiele assures foreign investors of funds transfer

Indications have emerged that the International Monetary Fund is to conduct a due diligence exercise on the Central Bank of Nigeria as part of a fresh ‘safeguards assessment’. The new safeguards assessment is a fallout of the $3.4bn emergency financial ...

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COVID-19: INEC meets May 7 to adopt guidelines for resumption

COVID-19: INEC meets May 7 to adopt guidelines for resumption

The Independent National Electoral Commission (INEC) said it would meet on Thursday (May 7), to review the situation in its offices nationwide. The commission will also at the meeting adopt a clear road map and guidelines for resumption of activities. ...

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MTN, others plan $4.8bn investment in Nigeria

MTN, others plan $4.8bn investment in Nigeria

Ten companies are planning to invest the sum of $4.8bn in various sectors of the Nigerian economy, the Nigerian Investment Promotion Commission has said. Highlights of the investment plans are contained in a report released by the NIPC. The report ...

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French football season declared over, PSG awarded title

French football season declared over, PSG awarded title

France’s football league declared the season over on Thursday, with Paris Saint-Germain named as Ligue 1 champions. PSG led the table by 12 points from Marseille when the season was suspended in mid-March because of the coronavirus outbreak, which has ...

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‘Cristiano Ronaldo has three or four tricks’

‘Cristiano Ronaldo has three or four tricks’

Cristiano Ronaldo is not as fearsome as his Brazilian namesake, says former Manchester United teammate Mikael Silvestre, with the Portuguese considered to have “three or four tricks” while R9 was “something different”. Ex-France international Silvestre played alongside both of the ...

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Freight forwarders shut Apapa port over demurrage waivers

Maritime Agencies Send Staff To NCDC For COVID-19 Test

Freight forwarders on Thursday locked up the entrance doors of one of the leading seaport terminals at Apapa over the failure of the terminal operators to comply with the Nigerian Ports Authority’s directive on demurrage waivers for goods stored there ...

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Okagbare gives conditions for new marriage

Okagbare gives conditions for new marriage

• Says next suitor must write 500-word essay • No longer interested in dating United States-based Nigerian sprinter, Blessing Okagbare is in the news again. The Olympics medalist, who recently filed for divorce from her husband, ex-Super Eagles star Jude ...

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3,256 listed as CBN begins N50bn COVID-19 fund disbursement

3,256 listed as CBN begins N50bn COVID-19 fund disbursement

NIRSAL Microfinance Bank has commenced the disbursement of the Central Bank of Nigeria N50bn Targeted Credit Facility. The Managing Director, NIRSAL MFB, Mr Abubakar Kure, inaugurated the disbursement of the fund on Thursday in Abuja. He said a total of ...

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FG says coronavirus curable as infected health workers hit 113

FG says coronavirus curable as infected health workers hit 113

•Why beneficiaries of palliatives can’t be published, by minister •HoSF directs senior officers to resume work Monday The Federal Government yesterday said the successful treatment and discharge of 307 persons for COVID-19 in the country was an indication that the ...

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