Global Business News
Global Business News
Global Business News

By – Tafi Mhaka Niamey, Sept. 27, 2023 -In the past three years, four countries from the 15-member Economic Community of West African States (ECOWAS) have experienced a military coup and an unlawful change of leadership Consecutive coups in Niger (July 2023), Mali (August 2020 and May 2021), Guinea (September 2021) and Burkina Faso (January and September 2022) have raised questions about the future of democracy in the region and cast significant doubts on the regional bloc’s ability to fulfil its stated goals. ECOWAS was established in 1975 through the Treaty of …

Lagos, Sept. 27, 2023 – The Bureau of Public Service Reforms (BPSR) has declared the Nigerian Maritime Administration and Safety Agency NIMASA as the best federal government agency in digital transformation. The BPSR also announced that the nomination of Bashir Jamoh, the Director-General of NIMASA, for GovTech Trailblazers award for providing exemplary leadership. The BPSR said the awards were as a result of a nationwide nomination and online voting process initiated by the bureau as well as a detailed analysis of performance of all government MDAs at the national level. The award presentation …

Abuja, Sept. 27, 2023 -The Association of Senior Civil Servants of Nigeria (ASCSN) on Wednesday assured the 17,000 federal government employees who were delisted from the IPPIS payroll of redress. Comrade Okon, the National President of ASCSN, gave the assurance while speaking with journalists in Abuja. He said the leadership of the association had taken action and urged the affected civil servants to remain calm as measures were underway to resolve their grievances. Okon said the problem was caused by alleged failure of those affected to comply with a verification …

Lagos, Sept. 26, 2023 – The Lagos State Government is to begin enquiries into the death Mohbad on Friday, Sept 29 at the Magistrate court in Ikorodu, Lagos. A letter addressed to Falana and Falana Chambers dated Sept 26 and signed by a coroner, Magistrate Taofikat Shotobi, gave the indication. The letter was probably in response to the chamber’s request for an inquest into the death of the young musician. The chamber had requested for the inquest to unravel the circumstances surrounding the “very tragic” death of Mohbad. In the …

Abuja, Sept. 26, 2023 – The Senate on Tuesday confirmed the appointment of Olayemi Cardoso as Governor of the Central Bank of Nigeria (CBN). Cardoso was screened alongside his four deputy governor-nominees whose appointments were equally confirmed. The deputy governors are Emem Nana Usoro, Muhammed Sani Dattijo, Phillip Ikeazor and Bala Bello. Cardoso and the deputy governors formally assumed office on Friday, Sept. 22, 2023, ahead of his confirmation by the Senate. .

Abuja, Sept. 26, 2023 – The Independent National Electoral Commission (INEC) on Tuesday announced timetable and schedule of activities for the Edo and Ondo states governorship election. The tenure of the Governors of Edo and Ondo States will end on Nov. 11, 2023 and Feb. 23, 2025 and 23, 2024, respectively. A statement issued on Tuesday by Sam Olumekun, a National Commissioner and Chairman, Information and Voter Education Committee of INEC, gave the details. As provided in Section 178 (2) of the Constitution of the Federal Republic of Nigeria, 1999 (as …

Abuja, Sept. 26, 2023 – The Nigeria Labour Congress (NLC) and the Trade Union Congress, (TUC) on Tuesday announced an indefinite strike to commence on October 3. The two unions declared the strike after the separate meetings of their National Executive Councils (NEC) in Abuja on Tuesday. The unions advised Nigerians to stock foods at home as the strike would shut down economic activities.. According to the communique issued by the two unions, the indefinite strike was due to insensitivity of federal government to the plight of Nigerians, particurlary after …

Abuja, Sept. 26, 2023, The MSECB, a leading international provider of Audit and Certification Services, has granted the Nigeria Deposit Insurance Corporation (NDIC) three ISO certifications. A statement issued by the NDIC on Tuesday listed the certifications as the Information Security Management System ISO/IEC 27001:2013, IT Service Management System ISO/IEC 20000-1:2011 and Business Continuity Management System, ISO 22301. The Information Security Management System ISO/IEC 27001:2013 is on how organizations can manage and protect their information assets so that they remain safe and secure, using this robust framework. The IT Service …

Lagos, Sept. 26, 2023 -Olajide Adeniji, another classmate of President Bola Tinubu, has testified at a United States district court that he was a classmate of Bola Tinubu at Chicago State University (CSU). Adeniji swore to an oath that he also contested against Tinubu as President of Accounting Society Club at the Department of Business Admin/Accounting in CSU. In the oath taken on September 23 at the Northern District of Illinois Court in Chicago, Adeniji stated that he was familiar with the same Tinubu who is the current president of …

Abuja, Sept. 26, 2023 – The Congress of Nigerian University Academics (CONUA) has commended the Federal Government the recent increase in salaries of lecturers in tertiary institutions. The Federal Government recently announced increase of 23.5 and 35 per cent in salaries of lecturers in tertiary institutions across the country. Dr ‘Niyi Sunmonu, the National President of CONUA, made the commendation in a statement on Tuesday. The congress, however, said the salary increase was before the petrol subsidy removal and it would continue to engage the government on further increase …