Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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FG faults Moody’s sovereign rating of Nigeria
Everest Amaefule, Abuja The Federal Government on Wednesday faulted the downgrading of Nigeria from B1 stable to B2 stable by Moody’s Sovereign Rating. In a statement issued in Abuja by the Debt Management Office on behalf of the Ministry of Finance and the Central Bank of Nigeria, the government said ...
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Senate summons Fashola over alleged $35m spendings
Leke Baiyewu, Abuja The Senate on Wednesday began an investigation into the alleged plan by the Ministry of Power, Works and Housing to secure the release of $350m domiciled in the Nigerian Sovereign Investment Authority to finance electricity projects. The lawmakers specifically criticised the ministry for allegedly spending $35m out ...
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SPONSORED: 3 REASONS YOU SHOULD ATTEND 2017 LITF
The Lagos International Trade Fair (LITF) is a world-class trade conference/exhibition holding at Tafawa Balewa Square, Onikan Lagos from November 3 to November 12, 2017. Once every year, the LITF brings globally recognized brands, exhibitors, investors and consumers together to engage in business transactions at amazing prices. The 2017 edition ...
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Security: LSSTF seeks private outfits’ support
Afeez Hanafi The Lagos State Security Trust Fund has asked private security companies and corporate organisations to partner the government in securing lives and property in the state. The Executive Secretary of the LSSTF, Dr Abdurrazaq Balogun, noted that there was no alternative to the present public private partnership for ...
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Intensify efforts on regional standards, FG tells ECOWAS Commission
Ifeanyi Onuba, Abuja The Federal Government on Wednesday called on the ECOWAS Commission as well as Nigeria’s technical and developmental partners to continue to participate fully in the efforts to develop the Regional Accreditation System. The Minister of Industry, Trade and Investment, Okechukwu Enelamah, said this at the Constitutive Meetings ...
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TGI Group urges Eagles
The Group Executive Director of Tropical General Investments Group, Mr. Onyekachi Onubogu, has urged the Super Eagles to go for victory against Algeria in their Russia 2018 World Cup qualifier in Constantine on Friday. Onubogu believes the Eagles are capable of completing the qualifiers without suffering a defeat, saying Nigeria ...
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Budget 2018: Better days are coming, say experts
THERE is optimism in the land over the 2018 budget. The hope of a better time is based on the fact that economic indicators have improved. Crude oil prices are rising and the naira exchange rate is stabilising; the future looks bright for the economy, frontline analyst Ayo Teriba said ...
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Ibadan 21 obas: Olubadan ‘ll reconcile with Ajimobi, says Oluwo
The Oluwo of Iwo in Oyo State, Oba Abdurasheed Akanbi, has said the rift between Governor Abiola Ajimobi and the Olubadan of Ibadan, Oba Saliu Adetunji will soon be resolved. The governor and the frontline monarch have been at loggerheads over government’s review of the 1959 Olubadan Chieftaincy law. The ...
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We Can Improve On World Bank Ranking – Osinbajo
By Jonathan Nda-Isaiah Nigeria’s impressive ranking in the latest World Bank Doing Business report is proof that the country can do better if Nigerians faced its challenges headlong, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo in a statement by his spokesman, Laolu Akande said this when a team ...
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Associação quer parques de madeira submersos, Governo equaciona solução
Associação da fileira da madeira quer que sejam criados parques de madeira submersa, em barragens ou lagos, para permitir uma conservação mais prolongada no tempo, estando o Governo a equacionar a medida.
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[BREAKING] Senate summons Fashola over alleged $35m unapproved expenditure
Leke Baiyewu, Abuja The Senate on Wednesday began an investigation into the alleged plan by the Ministry of Power, Works and Housing to secure the release of $350m domiciled with the Nigerian Sovereign Investment Authority to finance electricity projects. The lawmakers specifically criticised the ministry for allegedly spending $35m out ...
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NDLEA arrests three suspected smugglers, seizes N51.4m cannabis
Alexander Okere, Benin Three persons, including a driver and two workers, have been arrested by the Edo State command of the National Drug Law Enforcement Agency in connection with the alleged operation of a cannabis cartel. It was gathered that the suspects were arrested on Wednesday along the Benin-Lagos bye-pass ...
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JAMB goes tough on fraudulent CBT centers
Joint Administration and Matriculation Board (JAMB) has warned Owners of JAMB-accredited Computer Based Centers (CBT) nationwide that it is will no longer be ‘business as usual.” The board said it would further step up the battle against dishonest CBT owners who connive with other unscrupulous elements to perpetrate examination crimes. ...
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Reps Beam Searchlight On Customs Import Waivers
By Kauthar Anumba-Khaleel, Abuja The House of Representatives has mandated its committee on customs and excise to investigate the handling of import duty revenues, waivers and bonds on import duties collected by the Nigeria Customs Service (NCS) from 2010 to date. This is as it asked the committee to investigate the ...
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N115bn: Reps Probe MDAs For Alleged Non-remittance To FIRS
By Kauthar Anumba-Khaleel, Abuja With a view to determining the amount each Ministry, Department and Agencies owes and for how long the amount had been withheld, the House of Representatives Wednesday mandated its committees on finance and public accounts to investigate allegations that Ministries, Departments and Agencies (MDAs) of government owe ...
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CBN boosts forex supply with $195m
Oyetunji Abioye The Central Bank of Nigeria has intervened in the inter-bank foreign exchange market with the injection of another $195m. Figures released by the bank on Tuesday showed that it offered the total sum of $100m to the wholesale segment, while the Small and Medium-scale Enterprises segment received the ...
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There won’t be fuel queues in December – NNPC
Okechukwu Nnodim, Abuja The country will not experience fuel queues this end of year festive season, the Nigerian National Petroleum Corporation has assured the citizens. It said on Tuesday that the Petroleum Products Marketing Company had been directed to sustain steady petrol supply during and beyond the Christmas and New ...
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Digital finance, tool for financial inclusion, says CIBN
Oyetunji Abioye The Chartered Institute of Bankers of Nigeria has described digital finance as a vital tool for financial inclusion, saying it will help to penetrate both the unbanked and under banked in the country. The CIBN President, Prof. Segun Ajibola, spoke during his welcome address at the institute’s 5th ...
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‘Govt, private sector must partner for development’
Sesan Olufowobi Government at all levels has been urged to partner the private sector to fast-track socio-economic development of the country. A former Ogun State Commissioner for Information, Culture, Sports and Community Development and the pioneer President of Oliver Circle of Nigeria, Chief Fassy Yusuf, gave the advice on Tuesday ...
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Controversy over extension of NDDC board’s tenure
Controversy is trailing the extension of tenure of the managing director and the board of the Niger Delta Development Commission (NDDC) by the Federal Government. It was learnt at the weekend that the board members had received the letters extending their tenure till 2020 contrary to the extant law which ...
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Defence HQ, NILEST partner on Made-in-Nigeria military boots
The Defence Headquarters is to collaborate with the Nigerian Institute of Leather Science and Technology, Zaria to produce “Made-in-Nigeria” military boots. The Chief of Defence Staff, Gen. Abayomi Olonisakin, disclosed this when he paid a courtesy visit to the Acting Director-General of NILEST, Dr Ekeria Ngozie-Oparah, on Tuesday in Zaria, ...