Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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PIB passage to be completed before 2018 – Saraki
’Femi Asu The President of the Senate, Dr. Bukola Saraki, has said the upper chamber of the National Assembly is working to ensure the completion of the passage of the Petroleum Industry Bill in the fourth quarter of this year. Saraki stated this in Lagos on Monday at the Nigeria ...
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Ambode donates 120 5KVA generating sets to police
•We’ll utilise facility to ensure effective law enforcement, says commissioner Lagos State Governor Akinwunmi Ambode yesterday handed over 120 5KVA generating sets to the Lagos State Police Command to power police formations across the state, with a pledge of continuous support to security agencies. Speaking at Lagos House, Ikeja, while ...
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CBN, banks bicker over slow disbursement of SMEs funds
The Central Bank of Nigeria (CBN) and lenders involved in the disbursement of N220 billion Small, Medium Enterprises (SMEs) funds to small businesses have traded blames over the slow pace of the disbursement of the funds. The Group Head, Specialised SMEs of Fidelity Bank, Mr Ndubuisi Onuoha blamed the CBN ...
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Sirika pushes for airports certification
NIGERIAN airports certification will reduce insurance premiums, attract more foreign carriers into the country and lower charges for domestic operators, Minister of State, Aviation, Hadi Sirika, has said. Besides, insurance premiums and charges reduction, certification of airports, Sirika said, have put Nigeria on the global safety chart, with the Murtala ...
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Nigeria Should Focus More On Manufacturing Sector – NES
BY TAOFEEK LAWAL, Abuja The Federal Government has been urged to shift its focus on the manufacturing sector to grow the economy, benefit the population and to create employment opportunities for the unemployed. The President, Nigerian Economic Society (NES), Professor Ben Aigbokhan, stated this at a press conference to herald ...
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IPOB remains terrorist group, despite EU, US stance – Presidential aide
Ade Adesomoju, Abuja Special Adviser to the President on Prosecution, Chief Okoi Obono-Obla, has described as inconsequential the recognition accorded the Indigenous People of Biafra by some foreign nations as a non-terrorist group, despite Nigeria’s recent proscription and designation of the group as a terrorist organisation. Obono-Obla also disclosed that ...
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TINAPA woos local businesses
The Management of TINAPA Business Resort Calabar says it is encouraging local businesses to own shops and business outlets to boost activities in the resort. Mr Ayiba Ayiba, Managing Director of the Resort, told the News Agency of Nigeria (NAN) on Sunday in Calabar that this was part of measures ...
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Ice Prince, Seyi Law, others receive Achievers Awards
Popular Hip-hop singer Ice Prince and a veteran comedian Seyi Law, have been honoured with the “Peace Achievers Awards” by the Peace Ambassador Agency, an organisation that promotes national peace. The News Agency of Nigeria (NAN) reports that the duo received the awards at the 6th anniversary of the annual Miss ...
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U.S expands travel ban to include N’ Korea, Venezuela
The United States has expanded its controversial travel ban to include people from North Korea, Venezuela and Chad. The White House said the restrictions follow a review of information sharing by foreign governments. The BBC reports President Donald Trump issued a proclamation on the matter late on Sunday. “Making America ...
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Nigeria: Share Scam At Partnerships - Investors Jostle to Recover N10bn Investments
[Vanguard] Investors in the nation's capital market are strategizing on how to rescue their investments estimated at N10 billion which were trapped in the troubled Partnership Investment Company, PIC Plc and Partnership Securities Limited, PSL.
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Nigeria: FX Window Records $1.323bn Transactions in One Week On Soaring Investor Confidence
[This Day] In a pointer to increasing confidence in Nigeria's financial market, foreign exchange trading at the Investors' and Exporters' (I &E) window notched a major milestone when total market turnover rose to $1.323 billion in just one week, trading results from the FMDQ OTC Securities Exchange showed at the ...
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NOUN, FHC and the new judgment date
Everything with a beginning also has an end. The law graduates of the National Open University of Nigeria, were shut out since 2013 from the Nigerian Law School for vocational training by the Council of Legal Education, despite the National Universities Commission’s accreditation. The graduates had futilely approached all relevant ...
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Sukuk bond: No plan to Islamise Nigeria, says FG
Oyetunji Abioye The Federal Government has said that there is no plan to Islamise the country with the recent issuance of its N100bn Sukuk bond. The Minister of Finance, Mrs. Kemi Adeosun, said this on the sidelines of an investor conference organised by Stanbic IBTC Bank in Lagos. Offer for ...
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Compulsory insurance’ll enhance safety of cities – LCCI
Nike Popoola The Chairman Insurance Group, Lagos Chamber of Commerce and Industry, Mr. Gboyega Olanbiwoninu, has said that full implementation of the compulsory insurance policies will boost the safety of cities. He said this during an insurance stakeholders’ forum organised by the LCCI Insurance Group in Lagos. A statement from ...
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Sukkuk is stealth jihad, Christian leaders insist
Adelani Adepegba, Abuja The National Christian Elders Forum has described the Sukkuk bond as illegal, unconstitutional and a stealthy way of Islamising the country. The NCEF Chairman, Chief Solomon Asemota, in a statement on Sunday explained that proponents of the Sharia-compliant finance often conveyed the false impression that Sukkuk is an ...
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‘Amend rent law, regulate agency fees’
Sesan Olufowobi A lawyer, Mr. Kabir Akingbolu, has called on the Lagos State Governor, Akinwunmi Ambode, to initiate the process of amending the Lagos State Rent Control Law to regulate fees chargeable by property agents as commissions. Akingbolu, in a letter to the governor, which he made available to journalists ...
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SPE: Nigeria spends over $10m daily on fuel import
ABOUT $10 million (about N3.6 billion) is spent on petroleum products import daily, the Society of Petroleum Engineers (SPE) has said In the Organisation of Petroleum Exporting Countries (OPEC), Nigeria is the sixth largest producer of crude oil but depends on refined product imports to oil the engine of the ...
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Merger: World’s largest brewer to increase Nigerian equity stake to 75.1%
The world’s largest brewer Anheuser-Busch InBev will increase its majority equity stake in its Nigerian main business, International Breweries Plc, to 75.1 per cent. This will happen after ongoing consolidation of its businesses in the country into a single entity. Anheuser-Busch InBev has already received the regulatory approvals from the ...
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Financing Nigeria’s $3trn Infrastructure Deficit
As Nigeria strives to rebuild its economy, experts have continued to hammer on the need for building infrastructure that would trigger business growth and the development of the country.However a critical part of building infrastructure in Nigeria that has always been a challenge is financing. BUKOLA IDOWU, OLUSHOLA BELLO and ...
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Economía/Finanzas.- El Congreso retoma las comparecencias en la comisión del rescate con la visita de dos expertos
br /> MADRID, 24 (EUROPA PRESS) La comisión del Congreso que investiga la crisis financiera, la quiebra de las cajas y el rescate bancario retomará el próximo jueves sus comparecencias con la visita de dos expertos, José Manuel Naredo Pérez, Premio Nacional de Economía y Medio ...
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Kogi workers decry ‘no work, no pay’ policy
Gbenga Odogun The organised labour in Kogi State has frowned upon the ‘no work, no pay’ of the state government, following the strike embarked upon by the state workers. In a joint statement on Saturday, the secretaries of the Nigeria Labour Congress, Olakunle Faniyi; the Trade Union Congress, Kolawole James; ...