Latest News in Nigeria Today Wednesday 30th October 2019
These are the Latest News in Nigeria Today from Guardian newspaper.
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AFREXIMBANK, Shippers’ Council float Sealink shipping project
AHEAD of the establishment of an African shipping firm under the Sealink Project, the Nigerian Shippers Council, NSC and the African Export- Import Bank, Afreximbank, are currently in talks to acquire four vessels for a test-run of the Sealink Shipping Project for an intra-African shipping trade.
Continue reading AFREXIMBANK, Shippers’ Council float Sealink shipping project at Vanguard News.
Financial inclusion: Eyowo to revolutionise financial services in Nigeria
A Technology Company, Softcom, has unveiled a mobile banking company called Eyowo.
Continue reading Financial inclusion: Eyowo to revolutionise financial services in Nigeria at Vanguard News.
Our game-changing reforms in Nipost’re yet to manifest, says Post Master General
The Post Master General of the Federation, Barr. Bisi Adegbuyi has explained that some of the game changing reforms ongoing in the Nigerian Postal Service, NIPOST are still unknown because they are new and are not what people can see anywhere.
Continue reading Our game-changing reforms in Nipost’re yet to manifest, says Post Master General at Vanguard News.
SDGs: Income inequality at the heart Nigeria’s poverty- Expert
Economic projections by experts show it would be a near impossibility for Nigeria to achieve the Sustainable Development Goals (SDGs) by 2030 going by the current income inequalities in the country.
Continue reading SDGs: Income inequality at the heart Nigeria’s poverty- Expert at Vanguard News.
SADC seeks Nigeria’s support towards lifting US, EU sanctions on Zimbabwe
The Southern African Development Community, SADC wants the Nigeria government to support its efforts at securing the lifting of economic sanctions imposed on Zimbabwe by the United State and the European Union.
Continue reading SADC seeks Nigeria’s support towards lifting US, EU sanctions on Zimbabwe at Vanguard News.
ADP picks Adelaja as National Publicity Secretary
The Action Democratic Party (ADP), has picked, Prince Adelaja Adeoye as the new National Publicity Secretary of the party.
Continue reading ADP picks Adelaja as National Publicity Secretary at Vanguard News.
Saudi Arabia ready to cut oil output deeper, Sylva says
Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva related his conversation with Saudi Energy Minister, Prince Abdulaziz bin Salman.
Sylva stated that the top producer of oil among the Organization of the Petroleum Exporting Countries (OPEC) members is ready to go to any length to stabilize the oil market.
“He assured me that they are very ready to even cut deeper,” Sylva told Bloomberg on Tuesday.
The official Saudi Press Agency reported the two ministers (Sylva and Salman) discussed “the situation of the oil market and joint cooperation among OPEC countries to maintain its stability,”
ALSO READ: OPEC to cut cost of overproduction by 50% ? Timipre
This is also in light of the OPEC and its Russia-led non-OPEC partners’ meeting.
Continue reading Saudi Arabia ready to cut oil output deeper, Sylva says at Vanguard News.
Russia-Africa summit: Africa must shun demeaning events- Foreign Envoy
Nigerian former Minister of Foreign Affairs, Ambassador Ignatius Olisemeka has condemned diplomatic events like the recent Russia-African summit saying they undermine the strategic importance of Africa in global politics.
Continue reading Russia-Africa summit: Africa must shun demeaning events- Foreign Envoy at Vanguard News.
CBN injects billions into textiles, cotton industries
Emma Ujah
The Governor of the Central bank of Nigeria (CBN), Mr Godwin Emefiele, at the signing of the Memoranda of Understanding (MoU) in Abuja, yesterday has described the “historic” deal involving the nation’s cotton farmers, textile companies and the military.
The first MOU was between the National Cotton Association of Nigeria (NACOTAN) and Ginning Companies, to guarantee steady off-take and processing of cotton lint and cotton seeds while the second MOU was between the Nigerian Textile Manufacturers Association and the Armed Forces of Nigeria, Nigeria Police, Paramilitary Institutions & National Youth Service Corps to facilitate long-term contracts (5 years or more) with Textile and Garment companies to manufacture uniforms in Nigeria for use by various arms of Nigeria’s uniform services.
Continue reading CBN injects billions into textiles, cotton industries at Vanguard News.
Plane crashes into American house, ‘luckily no one was home’
A plane crashed into an American house in Colonia, about 22 miles from New York City, United States. Luckily, there was no one in the house as the blast caused a heat and fire damages.
The fire extended to adjacent houses but a woman in one of the houses was able to escape without any injury.
No passenger was recorded onboard the plane while police were still in search of the pilot.
Continue reading Plane crashes into American house, ‘luckily no one was home’ at Vanguard News.
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