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Shettima Inaugurates DMO Supervisory Board

Vice-President Kashim Shettima on Wednesday inaugurated the Supervisory Board of the Debt Management Office (DMO) to strengthen fiscal and monetary policy coordination of the Federal Government. The vice-president, while inaugurating the board at the Presidential Villa, Abuja, said it was part of government’s efforts to ensure long-term debt sustainability, in line with President Bola Tinubu’s…

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2025 Budget: N4.5trn Additional Revenue Will Support Economic Diversification – Minister

Sen Abubakar Bagudu, the Minister of Budget and Economic Planning, has said the N4.5 trillion additional revenue in the 2025 budget would support the diversification programme of the President Bola Tinubu administration. The minister said this while speaking to State House Correspondents on Wednesday in Abuja. Bagudu said the N4.5 trillion additional revenue would be…

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EU Investigates Shein For Alleged Consumer Protection Violations

The European Commission announced on Wednesday an investigation into the Chinese e-commerce marketplace Shein for allegedly violating EU consumer protection rules. There is reasonable suspicion of widespread violation of the EU’s laws on unfair contract terms, price indication and unfair commercial practices, an EU official told reporters in Brussels. The probe would be carried out…

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EU Commission Announces Probe Into Chinese E-commerce Platform Shein

The European Commission on Wednesday announced an investigation into the Chinese e-commerce marketplace Shein for allegedly violating European Union consumer protection rules. EU official told reporters in Brussels that there is reasonable suspicion of widespread violation of the EU’s laws on unfair contract terms, price indication and unfair commercial practices. The commission said that the…

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Nigeria, Germany Partner To Strengthen Economy, Investment Policies

Nigeria and Garman government have expressed readiness to partner to strengthen economy and create investment-friendly policies in the two countries. Alhaji Lai Mohammed, Former Minister, Information and National Orientation, said this when a delegation from IHK Giessen – Friedberg Chambers of Commerce and Industry of Germany, paid a courtesy visit to Dr Jumoke Oduwole, Minister…

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Telecoms Union Lauds NLC For Suspending Protest

The Private Telecommunications and Communications Senior Staff Association of Nigeria has described as commendable, Nigeria Labour Congress (NLC) decision to suspend its Tuesday’s planned protest over approved 50 per cent increase in telecommunications tariffs. The association’s Secretary-General, Mr Abdullahi Okonu, told the News Agency of Nigeria (NAN) in Lagos that the union, as a major…

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