Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Saudi Arabia Cuts Oil Production To Help Nigeria – Buhari
President Muhammadu Buhari yesterday played host to the Saudi Arabian minister of Foreign Affairs at State House, Abuja, declaring that the oil rich kingdom had been quite kind to Nigeria. Receiving HRH Prince Faisal Bin Farhan Al-Saud, the President in a statement by presidential spokesman, Femi Adesina, said with Nigeria’s ...
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[EDITORIAL] Saving Nigeria From The Scourge Of Drugs
Fighting hard drug barons and their foot soldiers is a risky venture anywhere in the world and Nigeria is not an exception. Drug law operatives in the course of performing their statutory duties fall victim to the vicious propensities of the criminals who have a lot to lose and, therefore, ...
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Aisha Buhari Cup: MTN Emerges Platinum Sponsor
The all-yellow fluorescence of Nigeria’s football firmament shone even brighter on Monday as the Local Organizing Committee(LOC) announced that telecommunication giants, MTN has become the Platinum Sponsor of the much-anticipated Aisha Buhari Invitational Women’s Tournament starting next week Monday in Lagos. Scheduled for two venues (Mobolaji Johnson Arena and Agege ...
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Sports Ministry, Bravopoints Int’l Sign Deal To Boost Youth Investment
The Ministry of Youth and Sports Development has signed a Memorandum of Understanding (MOU) with Bravopoints International Limited to boost youth investment in the country.The youth and sports minister, Sunday Dare, while signing the MOU in his office in Abuja on Monday said the partnership is another exemplar of public ...
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Open Grazing, VAT Bills Scale Second Reading At Lagos Assembly
The Lagos State House of Assembly on Monday committed the bill on open grazing to the committee on agriculture after it scaled second reading. The House also read for the first and second time the state’s Value Added Tax bill and asked the committee on finance which is handling it ...
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7 Nigerian Entrepreneurs To Participate At Endeavor Programme
Seven entrepreneurs from four Nigeria-based start-ups have been selected to participate at the 10-week Endeavor ScaleUp Programme, aimed to support Nigeria’s most promising, high-impact business leaders. The seven entrepreneurs are the CEO and co-founder, Releaf, Ikenna Nzewi; Co-founder, Releaf, Uzoma Ayogu; co-founder and CEO, Bankly, Tomilola Majekodunmi; CEO, wallets.africa, John ...
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Shareholders Applaud Coronation Insurance Over Transformation
Shareholders of Coronation Insurance Plc have applauded the insurer for the transformation it is undergoing, expecting this development to transform into fortune for shareholders, investors and customers. The shareholders, who spoke at the 62nd annual general meeting (AGM) of the underwriting firm in Lagos at the weekend, though were unhappy ...
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Shell Boosts Infrastructure At Maritime University In Delta State
The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners, have boosted infrastructure at the Nigerian Maritime University, located at Okerenkoko, in Delta State. According to Governor of Delta state, Dr. Ifeanyi Okowa, the phase one of infrastructure projects by the oil giant will greatly enhance ...
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Osinbajo Wants African Industries To Develop Regional Value Chains
The vice president, Prof Yemi Osinbajo said to increase the competitiveness of African industries is to develop and deepen regional value chains. Osinbajo stated this at the Manufacturers Association of Nigeria (MAN) roundtable on industrialisation in Africa themed: ‘Positioning African Industries for Economic Transformation and Continental Free Trade’. According to ...
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President Buhari Tasks Insurance Firms On Economic Diversification
President Muhammadu Buhari has urged insurance firms in Nigeria to take advantage of ongoing efforts by the federal government to grow the non-oil sector of the economy through innovation. This came as the minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, charged insurance practitioners to design their products ...
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Envoy Urges Investors To Maximise Nigeria’s Incentives
Nigerian Ambassador to Belgium, Obinna Onowu, has said the federal government is ready to provide all adequate measures and incentives to ensure that prospective foreign investors reap benefits from their investments. Ambassador Onowu gave the assurance at the weekend in Brussels, during a ‘‘meet and greet’’ with members of the ...
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NIRSAL Secures N231.8m Financing For Poultry, Cocoa Production In C/River
Poultry and Cocoa value chains in Cross River State have received a boost expected to generate significant gains for Nigeria’s economy. This follows the issuance of a 50 per cent credit risk guarantee and 20 per cent interest drawback by the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL ...
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N3.14trn Debts: AMCON Needs National Policy On Recovery – Expert
The federal government has been urged to expand the laws that granted the Asset Management Corporation of Nigeria (AMCON) special debt recovery powers in the AMCON Act as amended into a national law that would insulate the banking sector against reckless borrowers and recalcitrant debtors that AMCON is currently chasing ...
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Plateau Of Crises And Death
Plateau state is named Plateau for a reason. It is approximately the Centre of Nigeria and the midpoint between Christian and Muslim civilizations in Nigeria, convergence between settlers and indigenous people, battleground between farmers and herders, and a clash point between indigenous culture and foreign civilisation. For this and other ...
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NDLEA Intercepts Drugged Candies From UK, Nabs Importer
A 22-year-old youth corps member, Arnold Maniru, has been arrested in Abuja for importing four kilogrammes of drugged candies from the United Kingdom (UK). This came as operatives of the National Drug Law Enforcement Agency (NDLEA) intercepted in Lagos cookies laced with drugs going to United Arab Emirate (UAE). The ...
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Examining DPR Intervention In Rejuvenating Inactive Oil Fields To Boost Production
The Department of Petroleum Resources (DPR), appear to be showing more commitment toward boosting the nation’s oil reserves. Mr Sarki Auwalu, the director of the agency, reaffirmed this commitment at the Second Quarter, 2021 Business Dinner of the Petroleum Club Lagos sponsored by A. A Holding. At the forum, Auwalu, ...
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NIDCOM: Burnishing Nigeria’s Image, Pushing Investments Amid Challenges
The Nigerians in the Diaspora Commission (NIDCOM) is tenacious about promoting Nigeria’s image and connecting with the Nigerians in the Diaspora to bring home their talents, energy, expertise and cutting-edge technology to benefit the nation through investments in various fields. Under the leadership of Hon Abike Dabiri-Erewa, NIDCOM has made ...
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Kwankwaso Faults Ganduje On Payment of Pension
A former Kano State governor, Rabi’u Musa Kwankwaso, has accused the Kano State government under Governor Abdullahi Umar Ganduje of refusing to pay his pension since he assumed duty as governor of the state. Senator Kwankwaso, also a former minister of defence, maintained that although he was quite aware of ...
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Nigeria Records N1.87trn Trade Deficit In Q2
Nigeria’s trade balance with partners stood at a deficit of N1,870.77 trillion, showing that it imported more than it exported in the second quarter of 2021. The export component of trade with its partners was valued at N5,079.44 trillion or 42.22% while the import was valued at N6,950.21 trillion or ...
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Crude Oil Accounts For 80.29% Export As Nigeria Records N1.87trn Trade Deficit In Q2
The export component of Nigeria’s trade with its partners was valued at N5,079.44 trillion or 42.22%, the import was valued at N6,950.21 trillion or 57.78% while the trade balance stood at a deficit of N1,870.77 trillion, showing that Nigeria imported more than it exported in the second quarter of 2021. ...
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NEPZA, NIPC Hint On Partnership Over Special Economic Zones
The Nigeria Export Processing Zones Authority (NEPZA) and the Nigerian Investment Promotion Council (NIPC) are mulling partnership that will migrate huge investments to the newly approved Special Economic Zones (SEZs) in Lagos, Kwara and Katsina. Recall that the Federal Government this year, approved a total of six SEZs to be ...