Global Business News
Global Business News
Global Business News

Lagos, Dec. 18, 2022- Momas Electricity Meters Manufacturing Company in Nigeria has signed a Memorandum of Understanding (MoU) with Minnesota State University on a partnership to train the company’s executives and others up to the degree of Masters in Business Administration (MBA). The MoU was signed on Friday in Lagos at the graduation ceremony of 150 beneficiaries of metering and electrical installations, sponsored by the Northeast Development Commission (NEDC). The ceremony was held at the Momas Electricity Meters Manufacturing Company in Orimerunmu, Mowe, Ogun State. The MoU provides for development, collaborations …

Lagos, Dec. 18, 2022 -The South African Chapter of All Progressives Congress (APC) has donated branded souvenirs to support Tinubu presidential campaign efforts. Its Chairman, Bola Babarinde, presented the souvenirs, which include branded caps and banners among others, to Mr Ade Omole, the Director, Diaspora Directorate, APC Presidential Campaign Council in Abuja. Babarinde, who is also Deputy Director, Diaspora, Tinubu/Shettima and Sanwo-Olu/Hamzat Independent Campaign Group (ICG), described the gesture as their modest contribution toward the victory of the party. He said the South African chapter was ready to collaborate with …

Lagos, Dec.18, 2022 – As part of its efforts to commemorate the International Day of Persons with Disabilities, NOVA Merchant Bank visited the Pacelli School for the Blind and Partially Sighted in Lagos last Thursday to donate valuable goods and materials worth millions of naira. The International Day of Persons Living with Disabilities is a day set-aside by the United Nations to promote an understanding of disability issues and mobilize support for the dignity, rights, well-being, and inclusion of persons living with disabilities. Led by its Executive Director, Mrs. Funke …

Lagos, Dec. 16, 2022 – The Lagos Judicial Division of National Industrial Court has ordered an oil and gas company, Shebah Exploration and Production Company, to pay Emenike Onyegeme-Okerenta, its former staff, over N228.36 million accumulated salaries. Justice Ikechi Nweneka passed the judgment in the claimant’s favour according to a statement published by the NIC on Friday. Onyegeme-Okerenta had told the court that before he left the company on 28th February 2019, he was not paid for months, but after he left, the company assured him through an email that …

Lagos, Dec. 16, 2022 – Bola Tinubu, the Presidential Candidate of All Progressives Congress (APC), on Friday said Nigeria had made remarkable progress under the leadership of President Muhammadu Buhari. In a birthday anniversary greeting to President Buhari at 80 years on Friday, Tinubu described him as a patriot and steadfast leader who has dedicated almost his entire life to serving the nation. In a statement by his Media Office signed by Tunde Rahman, Tinubu hailed the president for his commitment to nation-building, adding that Nigeria is lucky to have …

Victory By Peter EjioforLagos, Dec. 16, 2022: Habu Gumel, the just re-elected President of Nigeria Olympic Committee (NOC), has promised that the new executive committee will position the NOC on a formidable financial platform to deliver stakeholders’ expectations. Gumel, the incumbent President, was re-elected on Thursday at the NOC Congress in Jalingo, Taraba State, having defeated a former Minister of Sports, Sanni Ndanusa with 21 to 19 votes. At the elections, Gumel secured 21 out of the 40 votes, more than 50 per cent in the keenly contested president’s seat …

Lagos, Dec. 18, 2022 – Nigerians across the nation have been advised to show love and embrace forgiveness and reconciliation during the Yuletide season in line with the spirit of Christmas. They were also enjoined to seek divine guidance in choosing the right leaders for the country during the coming polls in 2023. This was the message at the 2022 Christmas concert held at the Catholic Church of the Assumption, Falomo, Ikoyi, Lagos, last weekend. The concert was held to mark a triple celebration of 10 years of Episcopal Enthronement …

Stakeholders By David Adeoye Ibadan, Dec. 16, 2022 – Dr Bode Ladipo, the Oyo State Commissioner for Health, has called for concerted efforts of stakeholders to address the issue of brain drain in the nation’s health sector. Ladipo made the call at a Town Hall Meeting on “Primary Healthcare Services” organised by Justice, Development and Peace Commission (JDPC) in collaboration with the International Budget Partnership in Ibadan on Thursday. According to him, the issue of brain drain needs to be looked at holistically governments. “There is need for concerted efforts of …

Abuja, Dec.16, 2022 – The Economic and Financial Crimes Commission (EFCC) says it has so far recovered over N30 billion out of the N109 billion allegedly stolen by the suspended Accountant-General of the Federation, Idris Ahmed. Its Chairman, Abdulrasheed Bawa, said this at the ministerial media briefing in Abuja on Thursday. Idris was arrested by the EFCC on allegation of frauds initially estimated at N84 billion He was suspended from office by the Minister of Finance, Budget and National Planning, Zainab Ahmed, to enable him to face investigation, Idris, was said to have …

Abuja, Dec. 16, 2022 – A High Court in the Federal Capital Territory in Abuja has declined to grant an application seeking to stop the new cash withdrawal policy of the Central Bank of Nigeria. The application was brought before Justice Sylvanus Oriji by 10 named applicants for themselves and on behalf of 20 million Nigerians who do not use banks. Details of the court processes were obtained by journalists in Abuja on Thursday, although the court took the decision on Tuesday, President Buhari, Attorney-General of the Federation, Central Bank …