Economic
Company executive lands in court for violating broadcast rights
The Uyo Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Thursday, November 19, 2020, arraigned Uzoma Udemba, Chairman and Chief Executive Officer of Communication Trends Limited on a three-count charge bordering on copyright infringement before Justice Agatha Okeke of the Federal High Court sitting in Uyo, Akwa Ibom State. The post Company executive lands in court for violating broadcast rights appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
US terminates virus cash transfer to Uganda’s poor
Pool Photo The US Agency for International Development (USAID) has terminated its Covid-19 cash transfer programme in Uganda. The US embassy there said the decision followed the Ugandan government’s indefinite suspension of GiveDirectly, a non-profit organisation that was conducting the programme. “In light of this indefinite suspension, it is now unlikely that the programme will meet its original objective, which was to prevent Covid-19 related economic backsliding of the most vulnerable Ugandans,” the embassy said in a statement. “Therefore, we are obligated contractually to terminate the program permanently.” The programme was to benefit 120,000 Ugandans who lost livelihoods because of the coronavirus pandemic. Each beneficiary was to receive 100,000 Ugandan shillings ($26; £20) every m...
Luis Arce secures big victory in Bolivia election
The result, which was a vindication to Evo Morales’s MAS party, also gave majorities in both houses of Congress. Leftist leader Luis Arce has won a smashing victory in Bolivia’s presidential election, a final official vote count released on Friday shows, providing vindication for the Movement Towards Socialism (MAS) party of overthrown President Evo Morales. The Supreme Electoral Tribunal announced Arce won 55 percent of the votes against six rivals on the ballot, easily avoiding the need for a runoff. The runner-up was centrist former President Carlos Mesa with just less than 29 percent. Conservative Luis Fernando Camacho, one of the leaders of the protest movement that helped drive Morales out of the country a year ago, received only 14 percent of the vote. MAS also won majorities in bot...
South Africa minister reprimanded for party’s trip on airforce jet
South Africa’s defence minister has been reprimanded and will lose three months of salary after ruling party officials took an air force plane to Zimbabwe earlier this month, President Cyril Ramaphosa said on Sunday. The African National Congress (ANC) delegation’s presence aboard the flight sparked widespread criticism over the use of state resources for party business. Their trip to Harare was for crisis talks with Zimbabwe’s Zanu-PF ruling party aimed at helping tackle the country’s political and economic woes. But they tagged along aboard Defence Minister Nosiviwe Mapisa-Nqakula’s plane, rather than travelling privately. She had a scheduled meeting in Zimbabwe to discuss regional issues following a recent summit of the Southern African Development Community bloc. Mapisa-Nqakula will no...
Governor Bagudu: President Buhari’s policies yielding fruitful results
Gov. Abubakar Bagudu of Kebbi State says President Muhammadu Buhari’s policies have began to yield the desired results in the country. The governor made this known during a visit to a private rice mill, owned by a business mogul, Alhaji Sahabi Lolo in Kamba, Dandi Local Government Area (LGA) of the state on Sunday. Newsmen report that Bagudu was accompanied by Gov. Muhammed Badaru of Jigawa on the visit. He expressed delight that the policies of the administration were putting the country on a more formidable economic footing. According to Bagudu, the investment derive of the president in the rice value chain in the last few years is also bearing fruits on the economy. ”What you saw here today is one of the so many that have come-up in the last few years under president Muhammad Buhari’s r...
CSR: Dangote Cement commits N4 billion to projects in Ogun host communities
Makamba Online Dangote Cement Plc, says it has committed over N4 billion into various Corporate Social Responsibility (CSR) projects in its 14 host communities in Yewa land in Ogun. The company made this known in a statement signed by the Media and Community Relations Manager of Dangote Industries Limited, Mr Francis Awowole-Browne, on Sunday. “Since the inception of Dangote Cement in Ibese, in the last eight years of creation in Ogun, we have focused on construction and repairs of roads, building of blocks of classrooms, construction and repairs of healthcare facilities. “We have also provided boreholes, some electricity transformers, among others,” he said. The company itemised the projects as 40 classrooms, three health centres, 22 boreholes, three transformers totalling N4.1bn Among va...
Ekiti partners NEPC to export banana
Ekiti State Commissioner for Trade and Industries, Mr Muyiwa Olumilua, has reiterated the commitment of the Kayode Fayemi-led administration to creating an enabling environment for individuals and corporate bodies. Speaking in Ado Ekiti while declaring open a Stakeholders’ Forum on Banana Development for Export, Olumilua noted that the various proactive programmes embarked upon by the investor-friendly administration has created an enabling environment for investment to thrive in the State. Olumilua listed some of the administration’s projects to include the establishment of a cargo airport to ease transportation of goods to and from the State, clearing of 5,000 hectares of land for farming, facilitation of the establishment of the NEPC office in the State, to eliminate the stress of going...
Governor Sanwo-Olu: Pre-primary classes remain closed in Lagos
The Lagos State governor, Babajide Sanwo-Olu, has said that pre-primary classes in public and private schools across the state are to remain closed until further announcements are made. Sanwo-Olu said this during a press briefing on Saturday, where he gave an update on COVID-19 in the state and gradual resumption of activities. Newsmen earlier reported the announced reopening of schools in the state in which private secondary schools are allowed to open from September 21, while public schools will adopt a “phased reopening” on the date. Speaking on school resumption, the governor said it is necessary to provide clarifications regarding the resumption of schools, “to clear any confusion that may have arisen since the original announcement was made.” Mr Sanwo-Olu said while students in JS 3 ...
Afreximbank clinches African Banker’s Debt Deal of the Year award
The African Export-Import Bank (Afreximbank) has been announced the winner of the Debt Deal of the Year Award at the 14th Annual African Banker Awards 2020. The awards, which held virtually on Wednesday, recognized institutions and individuals driving growth and development in Africa and creating new economic opportunities for citizens and communities across the continent. The Debt Deal of the Year Award was granted to Afreximbank for a EUR 1 billion syndicated senior loan facility arranged with Credit Suisse for Nigeria’s Bank of Industry. The funds have supported the Bank of Industry’s (BoI) work expanding, diversifying and modernizing Nigeria’s industrial sector. Having originally been sized at EUR 750 million, the debt raising was successfully upsized to EUR 1 billion through a general...
Premier: India set to mass produce COVID-19 vaccine, launches digital health mission
India is ready to mass produce COVID-19 vaccines when scientists give the go-ahead, Prime Minister Narendra Modi said in his Independence Day speech on Saturday. Modi made the revelation while also launching a national project to roll out health identities for each citizen. In annual celebrations, held at the 17th-century Red Fort and scaled down due to the pandemic, Modi identified health and economic self-reliance as the key priorities for his government. “Not one, not two, as many as three coronavirus vaccines are being tested in India,’’ he said from the ramparts of the red sandstone palace in the old quarters of Delhi. He was wearing a flowing orange and white turban and covering his mouth and nose with a scarf of the same colours whenever anyone came close to him at the ceremony. “Al...
Cross River council boss urges CFTZ management to tap Bakassi’s aquatic resources
The Chairman, Bakassi Local Government Area, Mr Iyadim Amboni Iyadim, says the Bakassi aquatic littoral resources have economic values to boost manufacturing and export at the Calabar Free Trade Zone (CFTZ). The post Cross River council boss urges CFTZ management to tap Bakassi’s aquatic resources appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
House of Reps task TCN on completion of Kano power projects
The House of Representatives Committee on Power has tasked the Transmission Company of Nigeria (TCN), to ensure completion of two power substation projects in Kano State, within four months. The post House of Reps task TCN on completion of Kano power projects appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
