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Senate passes bill to protect private sector workers

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Tinubu appoints three new Executive Commissioners for NUPRC By Cross Udo, Abuja President Bola Tinubu has approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the redeployment of one current Executive Commissioner, pending their confirmation by the Nigerian Senate. The appointment was made public via a statement issued by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale in Abuja last night. According to the statement, Mr Bashir Indabawa, representing North-West is the Executive Commissioner of Exploration and Acreage Management, Dr Kelechi Ofoegbu, representing South-East is the Executive Commissioner of Corporate Services and Administration (Redeployed), Mr Enorense Amadasu, representing South-South, is the Executive Commissioner, Development and Production and Mr Babajide Fasina, representing South-West as the Executive Commissioner, Economic Regulation and Strategic Planning. According to the statement, "The President approves this reshuffling and replacement based on his deeply informed assessment of all factors concerning the sector to establish a regulatory framework and culture that comprehensively dis-incentivises errant behaviour and incentivises diligence and rules-based business practice across the industry."

Nathaniel Zaccheaus The Senate on Wednesday passed for second reading a bill to regulate and formalise the employment of domestic…

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Nigerian economy was better under PDP – Group

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PDP

By Linus Aleke The Director General, Save Kaduna Group, Mr. Istifanus Audu Nimbia said it was obvious the Peoples Democratic…

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Plunging Economy: Inflation hits 18.51% – Report

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NSE Nigeria Stock Exchange

The Nigerian economy is expected to plunge deeper in the months to come as inflation in the country is projected…

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Nigeria Air to commence operations by April 2022 – FG

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Nigaria Air Sirika

The Federal Executive Council (FEC) has approved April 2022 as official date for the commencement of the operations of much-awaited…

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CBN’s N15trn Infrastructure Fund key to Nigeria’s economic growth – Expert

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CBN

A construction industry expert, Mr. Temitope Runsewe has commended the Central Bank of Nigeria (CBN) for its proposed N15 trillion…

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Osinbajo urge banks to come up with innovations to reduce poverty, economic growth

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boasts buhari

President Muhammadu Buhari and Vice President Yemi Osinbajo have urged the financial sector to invest more in housing and rural…

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5G: NACCIMA welcomes approval, seeks collaboration with private sector

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5G network

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has welcomed the approval by Federal Executive Council…

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