Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Nigeria:China's Investment in Nigeria's Oil Sector to Hit $17 Billion
[Guardian] Abuja -China National Offshore Oil Corporation (CNOOC) will increase its venture in the Nigerian oil and gas sector, especially its offshore investments, to about $17 billion.Chief Executive Officer (CEO) of the Beijing-based Corporation, Yuan Guangyu, disclosed this during a visit to the Nigerian National Petroleum Corporation (NNPC) in Abuja ...
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TUC Rejects FG’s Plans For $350m Abacha Loot
LEADERSHIP The Trade Union Congress of Nigeria (TUC) has rejected the recent plan by federal government to share the $350 million recovered from former Head of State, late General Sani Abacha, amongst estimated 300,000 households. TUC in a statement made available to Journalists said if shared in accordance with proposed plans, ...
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First Bank Rewards Customers Using Naira MasterCard
LEADERSHIP First Bank of Nigeria Limited has said it will be rewarding its customers for using their naira MasterCard for international transactions in a promotional campaign that runs for four months from July to October this year. Speaking on the promo, group head, e-Business, First Bank of Nigeria Limited, Mr. Chuma ...
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PMB Commends Afreximbank’s Leadership
LEADERSHIP President Muhammadu Buhari has commended the African Export-Import Bank (Afreximbank) for its dynamism and tenacious leadership, which he said has proved that Africans could come together to build something meaningful. President Buhari disclosed this at the annual meetings and 25thAnniversary celebration of the bank which came to an end at ...
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Enhancing Financial Inclusion Through Insurance
LEADERSHIP Insurance industry is now waking up to the reality that the Sector could enhance financial inclusion through effective deployment of insurance products and services. To this end, the 2018 Insurance Industry Consultative Council (IICC), which took place in Abuja, last week centered on insurance industry and financial inclusion. ZAKA ABD-KHALIQ ...
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Forex Inflow Drops As Naira Firms At BDC Window
LEADERSHIP The inflow of foreign exchange dropped further last week as the volume of dollars sold by the Central Bank of Nigeria (CBN) and Nigeria Autonomous Foreign Exchange Market (NAFEX) declined to $1.066 billion against $1.073 billion that changed hands in the previous week. Volume of the dollars that came in ...
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Transcorp MD Urges Govt To Create Enabling Environment For Tourism
LEADERSHIP Government has been called upon to create an enabling environment for hospitality and tourism businesses in Nigeria to thrive. This is as the tourism sector is said to have the potential to contribute over 10 percent to the nation’s GDP. Managing director, Transcorp Hotel Plc, Valentine Ozigbo, made this call ...
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Stop Campaign Of Calumny Against Finance Minister, Group Cautions Nigerians
LEADERSHIP The Coalition of Civil Society Groups (CCSG) has called on Nigerians to stop the campaign against the Minister of Finance, Mrs Kemi Adeosun, saying the campaign was done in bad faith and to distract her. The group in a Communiqué’ signed by seven different organisations after it meeting in Lagos called ...
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Gombe Market Union Applauds CBN For Direct Disbursement
LEADERSHIP Amalgamated Association of Marketers, an umbrella body of market unions, associations and clubs, in Gombe state, has applauded the Central Bank of Nigeria (CBN) for the direct intervention on lower denomination banknotes, saying it is a wonderful development which will no doubt help in boosting business transactions. In recognition of ...
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Fayose, Police Trade Words Over Alleged Compromise Of Governorship Poll
LEADERSHIP Gov. Ayo Fayose of Ekiti has alleged that Saturday’s gubernatorial election has been largely compromised by personnel of the Nigerian police. The News Agency if Nigeria (NAN) reports that the governor, who addressed newsmen shortly after casting his vote at about 1:20 pm at his Polling Unit 001 in Afao-Ekiti, ...
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Aliko Dangote Signs $650 Million Loan For Oil Refinery
LEADERSHIP Aliko Dangote, has signed a $650 million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project in Nigeria. The seven-year term loan would attract a moratorium of five years, according to facility terms read out during the signing. Cairo-based Africa’s trade bank also signed a $750 ...
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IMF says Nigeria’s Economic Recovery Still Challenging
LEADERSHIP The International Monetary Fund (IMF) says Nigeria’s economic outlook for 2018 remains challenging as private sector lending remains low and foreign exchange inflows are mostly short-term. IMF in a statement issued in Washington on Friday by Lucie Fouda, the Fund’s Press Officer, said higher oil prices and portfolio flows had ...
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Ministro considera ruim para Brasil disputa entre EUA e China
O ministro das Relações Exteriores, Aloysio Nunes, considera ruim para o Brasil a disputa comercial dos Estados Unidos, que impõe política protecionista, com a China. Ele participou hoje (13) de reunião com os setores de comércio exterior e de agronegócio da Federação das Indústrias do Estado de São Paulo (Fiesp), na capital ...
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Pastor Bakare, Adeosun Didn’t Meet With PMB – Presidency
LEADERSHIP The Presidency has said stories with insinuations are making the rounds that Pastor Tunde Bakare of Latter Rain Assembly and Minister of Finance, Mrs Kemi Adeosun, met together with President Muhammadu Buhari at State House, Abuja, Friday, is far from the truth. In a statement by the special adviser media ...
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el-Rufai Appoints Clerks For 23 Local Government Areas
LEADERSHIP Kaduna state Governor, Malam Nasir El-Rufai, on Friday, approved the appointments of 23 clerks to the legislative councils of the local governments. In a statement signed by Samuel Aruwan, the Governors’ spokesperson , said, the appointments is in line with the provision of section 16(1) and (2) of the Local ...
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Pastor Bakare Meets PMB In Aso Villa
LEADERSHIP President Muhammadu Buhari on Friday met behind closed door with the Leader of Latter Rain Assembly, Pastor Tunde Bakare, at the Presidential Villa, Abuja. The News Agency of Nigeria (NAN) reports that Pastor Bakare arrived the presidential villa together with the Minister of Finance, Mrs Kemi Adeosun, at about 2.30p.m. ...
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Dangote, Emir Sanusi Attend Access Bank Polo Event
LEADERSHIP The Emir of Kano Muhammadu Sanusi II and Africa’s leading industrialist, Aliko Dangote, and Mr. Aigboje Aig-Imoukhuede, President of the Nigerian Stock Exchange, are expected to attend the 11th edition of the Access Bank Polo event in Lagos tomorrow. The 11th edition of the Access Bank Polo Day celebrates 11 ...
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Estudo da CNI mostra que 2,7 mil obras estão paradas no Brasil
O estudo Grandes obras paradas: como enfrentar o problema?, da Confederação Nacional da Indústria (CNI), aponta que 2.796 obras estão paralisadas no Brasil, sendo que 517 (18,5%) são do setor de infraestrutura. A área de saneamento básico tem 447 empreendimentos interrompidos durante a fase de execução. Na sequência, aparecem obras de ...
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Confiança do consumidor recuou 6,1% em junho, aponta SPC
O Indicador de Confiança do Consumidor recuou 6,1% em junho na comparação com maio. Com esse recuo, o indicador retrocedeu para 38,8 pontos, o que representa o mais baixo patamar desde janeiro de 2017, início da série histórica. Os dados foram apurados pelo Serviço de Proteção ao Crédito (SPC Brasil) ...
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NDPHC Transforms Narrative Of Power Supply In Niger Delta
LEADERSHIP Power remains the key driver of every economy, however, Nigeria has suffered power deficit despite huge funds. GRACE FADAHSON writes on the efforts of Niger Delta Power Holding Company (NDPHC) in boosting power supply in the Niger Delta. Power generation in Nigeria dates back to 1886 when two generating sets ...
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Why We Deployed Over 4,000 Personnel For Ekiti Election – NSCDC C-G
LEADERSHIP Abdullahi Gana Muhammadu is the Commandant-General of the Nigeria Security and Civil Defence Corps (NSCDC). In this interview with RUTH CHOJI, he states that the only solution to killings in the country is to create ranches for herdsmen even as he explained the rationale for the deployment of 4,000 personnel ...