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News Summary of June 7, 2024 in Nigeria

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News Summary of June 7, 2024 in Nigeria
Latest news summary in Nigeria

NGA To Improve Nations Economy By Unlocking Nigeria's Gas Reserves - Oriental News Nigeria

The Nigerian Gas Association (NGA) is set to help improve the country's economy by unlocking Nigeria's gas reserves. With vast gas reserves yet to be tapped into, the NGA believes that developing the gas industry will create jobs, attract investment, and boost economic growth.

N60,000 minimum wage not sustainable - NGF | Prompt News

The Nigerian Governors' Forum (NGF) has expressed concerns about the sustainability of a N60,000 minimum wage. The NGF argues that such a high minimum wage could lead to job losses, inflation, and economic instability. The forum calls for a realistic and sustainable minimum wage that takes into account the country's economic realities.

Enugu DisCo threatens to disconnect all Southeast's Govt Houses, Army, NDLEA, others over debt

The Enugu Electricity Distribution Company (Enugu DisCo) has warned that it will disconnect all government houses, including those of the army and the National Drug Law Enforcement Agency (NDLEA), in the Southeast region of Nigeria. This action is in response to the government's failure to settle its outstanding electricity bills, which amount to a substantial debt.

Rainy season: IBEDC calls for caution, issues safety tips

The Ibadan Electricity Distribution Company (IBEDC) has called on residents to exercise caution during the rainy season to prevent electricity-related accidents. IBEDC has issued safety tips, including avoiding contact with electrical appliances during rainfall, reporting unsafe electrical installations, and staying away from fallen power lines.

NGX Launches New USSD To Enhance Capital Market Access

The Nigerian Exchange Limited (NGX) has launched a new Unstructured Supplementary Service Data (USSD) platform to enhance access to the capital market. This USSD platform will allow investors to trade stocks, check stock prices, and access market information directly from their mobile phones.

Significant spikes in numbers of malnourished children require urgent action - Nigeria

Nigeria is facing significant increases in the number of malnourished children, which calls for urgent action. The country is grappling with food insecurity due to factors such as conflict, climate change, and inadequate healthcare infrastructure. Immediate interventions are needed to address the health and well-being of Nigeria's children.

Bauchi To Conduct LG Poll August 10

Bauchi State is set to hold local government elections on August 10. The State Independent Electoral Commission (SIEC) has announced the date for the poll and called on political parties to conduct their primaries within the stipulated timeframe.

Curacel at GITEX, Morocco 2024 - Middle East Business News and Information - mid-east.info

Curacel, a Nigerian insurtech company, is set to participate in the 2024 GITEX Technology Week in Morocco. Curacel aims to showcase its technology solutions and explore potential collaborations with regional and international players in the insurance industry.

Why I Asked Permanent Secretaries To Bow Before Tinubu - Wike

Governor Nyesom Wike of Rivers State has explained why he directed permanent secretaries in the state to bow before the National Leader of the All Progressives Congress (APC), Bola Tinubu. Wike stated that the gesture was a show of respect for the office Tinubu holds and not an endorsement of the APC or its policies.

PR nigeriano apela a investimentos estratégicos em África

O diretor-geral de comunicação da Presidência da Nigéria, Femi Adesina, apelou a investimentos estratégicos em África. Adesina destacou as oportunidades de investimento no continente africano, como a agricultura, infraestrutura e energia renovável, e destacou o papel da Nigéria como destino atraente para investidores.

NGX Index Extends Loss by 0.15%

The Nigerian Exchange Limited (NGX) index has extended its loss by 0.15%. This decline reflects the overall bearish sentiment in the Nigerian stock market. Factors contributing to the market downturn include investor caution, profit-taking, and global economic uncertainties.

Source of content: OOO News 2024-06-07 News

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