• Forex market in doldrums as funds offer dollars at premium

    Offshore funds in Nigeria offered on Wednesday to sell the dollar at close to its black market rate, traders said, worsening a liquidity lull on the foreign exchange market. The funds, which shifted dollars into the market last week to buy naira treasury bills, offered to sell the United States ...

  • La OIM favorece protección y asistencia a las mujeres migrantes en Mesoamérica

    Source: International Organization for Migration Country: Belize, Canada, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, United States of America, WorldCon el objetivo de otorgar herramientas a los gobiernos para garantizar los derechos de las mujeres migrantes, se realizó en San Salvador una validación de lineamientos regionales en ...

  • UN and partners require $661 mln to address most urgent humanitarian needs in Lake Chad Basin

    Source: UN Office for the Coordination of Humanitarian Affairs Country: Cameroon, Chad, Niger, NigeriaWhile humanitarian aid has been significantly scaled up, the needs will remain high into 2018 and beyond. Continued support from the international community behind national efforts will be essential. Continued violence and displacements Boko Haram attacks and military counter-offensives ...

  • Juiz que permitiu peça com Jesus trans cita Charlie Hebdo em decisão

     A decisão de um juiz de Porto Alegre, que permitiu a estreia de uma peça cuja protagonista transexual interpretaria Jesus, comparou o pedido de censura do espetáculo à censura imposta aos cartunistas da revista francesa Charlie Hebdo, assassinados por fundamentalistas religiosos do Estado Islâmico. O magistrado José Antonio Coutinho, da ...

  • UNGA: Nigeria signs Nuclear Weapons Prohibition Treaty

    Nigeria has signed the Nuclear Weapons Prohibition Treaty, joining dozens of other countries that signed the treaty to ban nuclear weapons amid tensions over North Korea’s nuclear and missile tests. The Minister of Foreign Affairs, Geoffrey Onyeama, signed the treaty on behalf of Nigeria on Wednesday at the UN headquarters ...

  • UNGA: Nigeria signs Nuclear Weapons prohibition treaty

    Nigeria has signed the Nuclear Weapons Prohibition Treaty, joining dozens of other countries that signed the treaty to ban nuclear weapons amid tensions over North Korea’s nuclear and missile tests. The Minister of Foreign Affairs, Geoffrey Onyeama, signed the treaty on behalf of Nigeria on Wednesday at the UN headquarters ...

  • Nigeria: SEC Bans Ogiemwonyi for Life, Operating Licence Withdrawn

    [Vanguard] Lagos -The Securities and Exchange Commission, SEC, yesterday, banned Managing Director of Partnership Investment Company Plc and Partnership Securities Limited, Mr. Victor Ogiemwonyi, for life from holding directorship positions in any public company in Nigeria for unprofessional conduct in the capital market.

  • ‘Egina project’ll boost oil production by 200,000bpd’

    Everest Amaefule, Abuja The nation’s oil production will be boosted by 200,000 barrels per day by the fourth quarter of 2018, the Deputy Managing Director of Total, a principal partner of the Egina Project, Mr. Ahmadu Musa-Kida, has said. Musa-Kida disclosed this at the celebration of the Egina manifold sail ...

  • Civil servants shelve strike as FG pays arrears

    Friday Olokor, Jos The Association of Civil Servants of Nigeria, an affiliate of the Trade Union Congress, has shelved its planned strike following the commencement of payment of salary arrears on Tuesday by the Federal Government. The association had issued a one-week ultimatum to the Federal Government to settle outstanding ...

  • ‘Why Nigeria entered recession’

    Adeniyi Olugbemi, Sokoto A former Minister of Finance and one-time High Commissioner to the United Kingdom, Alhaji Abubakar Alhaji, has identified high overheads in governance and other expenses associated with Nigeria’s federal system as the reason why Nigeria fell into recession. Abubakar stated this in Sokoto on Tuesday while hosting ...

  • Why we ignored Reps’ directive on HMO accreditation – NHIS

    Eniola Akinkuotu, Abuja The National Health Insurance Scheme has given reasons why it continued with the accreditation of Health Management Organisations despite a resolution by the House of Representatives asking the NHIS to suspend the exercise. The NHIS said suspending the exercise would have crippled the scheme and negatively affected ...

  • Nigeria’s military-political complex

    America’s military-industrial complex is simply the collaboration between the US military and political infrastructure in the interest of the American merchant class. Accordingly, the business elite of the American realm provide the funds that their political collaborators re-route to the military that protects America’s economic interests within and outside American ...

  • Era of corruption, impunity, over – Magu

    Ifeanyi Onuba, Abuja The Acting Chairman, Economic and Financial Crimes Commission, Ibrahim Magu on Tuesday described corruption as the single biggest challenge facing Nigeria. Magu said this in Abuja at a lecture on “Corruption and national development: Issues, challenges and solutions” delivered at the 20th anniversary celebrations of the Finance Correspondent Association ...

  • ‘Angry’ Neymar Writes PSG: Sell Cavani Now or I’ll…

    The last may have not been heard about the clash between Neyamr and Edinson Cavani over who takes the penalty and free-kick at PSG. The battle lingers as Neymar has written to PSG’s team of Directors demanding that PSG sell team-mate and forward partner Edinson Cavani. As reported by a Spanish Sport publication on ...

  • OIM, OEA y Costa Rica celebran Foro de Alto Nivel sobre Migración Irregular en las Américas

    Source: International Organization for Migration Country: WorldDurante el foro que tuvo lugar el 12 y 13 de septiembre en San José, se discutieron los derechos humanos de las personas migrantes, el tráfico ilícito de migrantes, la trata de personas y la migración por motivos ambientales.San José - Los pasados 12 y ...

  • Biafra: Legal, economic and social questions

    Ike Ekweremadu Continued from Monday Nigeria has never been as divided as it is today. The hate rhetoric is getting worse by the day. Parting ways under such level of bitterness could be risky to the investments and lives of the South-Easterners. Realistically speaking, is it possible that all Ndigbo ...

  • Customs seize 3,000 cartons of poultry products

    The Ogun State Area Command, Nigeria Customs Service, says it has intercepted and seized a truck loaded with 3,000 cartons of imported poultry products. The Controller of the command, Sani Madugu, said the truck belonged to a cement manufacturing company, while the seized products had an estimated duty payable value ...

  • Naira drops to 369, market anticipates dollar supply

    Oyetunji Abioye The naira has weakened further to 369 per United States dollar on the back of waning supply of the greenback in the foreign exchange market. Although the external reserves have reportedly hit $33bn, the Central Bank of Nigeria appears to be reducing its intervention, both in frequency and ...

  • Oil prices move close to $56

    Oil prices moved close to $56 yesterday, remaining near multi-month highs reached late last week. The number of United States (U.S.) rigs drilling for new production fell and refineries continued to start up after getting knocked out by Hurricane Harvey. Analysts say this is good for Nigeria economy that has ...

  • Cost Of Democracy And Continuous Voters Registration

    By Aaron Osai – On April 27, 2017, in what can be described as voluntary strict adherence to the provisions of the law, the Independent National Electoral Commission (INEC) embarked on Continuous Voter Registration (CVR) exercise across the 774 local government areas in Nigeria. It was the first time in ...

  • NIS Cautions Nigerians On Illegal Migration To Germany, Others

    By ANTHONY AWUNOR, Lagos – The Nigerian Immigration Services (NIS) has warned Nigerians not to travel to Germany and other foreign countries illegally, stressing that 90 per cent of illegal immigrants seeking asylum status were regularly rejected by European countries. Sadat Hassan, deputy comptroller of the Nigerian Immigration Service (NIS) ...