Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Recession: Economists express fears, hopes over new status
The economy has exited recession. But it will take some time for its effect to rub off on Nigerians’ living conditions. Many, including President Muhammadu Buhari, are cautiously excited by the development. Economists appraise the ‘out of recession’ verdict in the latest report of the National Bureau of Statics (NBS), ...
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Biafra agitation is nonsense -Clark
ELDER statesman Edwin Clark yesterday condemned the Biafra agitation led by Nnamdi Kanu. Clark spoke yesterday when the Chairman, Senate Committee on Local and Foreign Debt, Senator Shehu Sani, visited him in Abuja. He also condemned the quit notice by the Arewa Group to the Igbo living in the North, ...
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Senate, House of Representatives excited
Senate and the House of Representatives are elated by the National Bureau of Statistics (NBS) report which yesterday suggested that Nigeria’s economy was bouncing back. Senate spokesperson Sen. Sabi Abdullahi said it was commendable that the economy grew by 0.55 per cent in the second quarter of 2017 after five ...
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Editorial de José del Rio: cuáles son los cimientos de la economía M
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FG Investigates more Judges, Serving Minister, says ICPC, EFCC Compromised
…..invokes 1979 law to fight corruption ADEBIYI ADEDAPO, Abuja Indication emerged yesterday that more judges a well as serving ministers are being investigated by the President Muhammadu Buhari’s administration. The new set of judges and some serving ministers whose activities are currently being investigation may be arrested in coming weeks. ...
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Senate celebrates Nigeria’s exit from recession
Leke Baiyewu, Abuja The 8th Senate on Tuesday applauded the report by the National Bureau of Statistics indicating that Nigeria’s economy has officially exited recession. The Senate, in a statement by Chairman of its Committee on Media and Public Affairs, Senator Aliyu Sabi Abdullahi, stated that it was truly commendable that ...
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Nigeria, South Africa exit recession in Q2
Nigeria and South Africa have both exited recession, notching up economic growth of 0.6 percent and 2.5 percent respectively in the second quarter, official data showed on Tuesday. Nigeria’s economy returned to growth after five consecutive quarters of contraction, driven by a strong performance in the oil, agricultural, manufacturing and ...
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Farmers want FG to suspend importation of maize
The Nigeria Farmers Group and Cooperative Society, on Tuesday urged the Federal Government to set a time line to ban the importation of maize into the country. The group’s National Coordinator, Mr Redson Tedheke, said in an interview with the News Agency of Nigeria in Abuja that the suspension of ...
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Torturing of crime suspects now illegal in Kaduna – DPP
Director of Public Prosecution, Kaduna State Ministry of Justice, Bayero Dare on Tuesday hinted that torturing crime suspects to obtain confessional statement by security agents without their lawyers is now illegal in Kaduna State. This development was coming as a result of signing into law administration of justice law by Governor Nasir ...
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NIS unveils additional centres for resident permits
The Nigeria Immigration Service (NIS) has created 28 additional centres for the Combined Expatriate Residence Permit and Aliens Card (CERPAC) in order to reduce cases of issuance of fake residence permits and aliens cards to expatriates coming into the country. Dr Benoy Berry, Chairman of CONTEC GLOBAL, the technical partner to ...
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NDLEA arrests man with hard drugs in Jos
The National Drug Law Enforcement Agency ( NDLEA ) in Plateau on Tuesday said it had arrested a 25-year-old man, Zulkifil Aliyu, who specialised in illegal narcotics trade within Jos metropolis. The agency’s Commander in the State, Mr Ibrahim Bragi, confirmed Aliyu’s arrest to newsmen in Jos. Read also: NDLEA destroys ...
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Obaseki set to revamp Agriculture, create jobs in Edo
The Governor of Edo State, Mr. Godwin Obaseki, is currently in Indonesia to deepen his administration’s partnership with the Asian country, in a bid to revamp the agricultural sector and reposition the state as the oil palm capital of Nigeria. Speaking at the 101-year-old Indonesian Oil Palm Research Institute ...
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Boko Haram's renewed campaign sparks sharp rise in civilian deaths
Source: Amnesty International Country: Cameroon, Chad, Niger, NigeriaAttacks and suicide bombings in Cameroon and Nigeria has left at least 381 civilians dead in the five months since the start of April 2017, Amnesty International said.At least 381 civilians have been killed by Boko Haram since April 2017 in Cameroon and Nigeria ...
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Adeosun confirms N350bn release for capital projects
Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Monday confirmed the release of the sum of N350bn to Ministries, Departments and Agencies of the Federal Government for the implementation of capital projects contained in the 2017 budget. She confirmed the development exclusively to our correspondent during a ...
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DMO sets borrowing limit for FG at $22bn
Everest Amaefule, Abuja The Federal Government can borrow up to but not more than $22bn in the 2017 fiscal year, the Debt Management Office has said. The DMO, in its ‘Determination of Borrowing Limit for 2017’ report, stated that the Federal Government could borrow up to 5.89 per cent of ...
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FG revokes Lagos trade fair complex concession
Eniola Akinkuotu, Abuja The National Council on Privatisation, which is chaired by Vice President Yemi Osinbajo, has approved the immediate revocation of the concession of the Lagos International Trade Fair Complex. The trade fair complex was in 2008 given to Aulic Nigeria Limited as a concession, a move that had ...
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CBN, IFAD to assist farmers, artisans in Oyo
Olufemi Atoyebi, Ibadan The Federal Government through the Central Bank of Nigeria and the International Fund for Agricultural Development are in partnership to provide support for smallholder farmers and business women in the rural communities. The funding is being done through the Rural Finance Institution-Building programme. The Oyo State Microfinance ...
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Concessionaire loses Lagos Trade Fair complex
The National Council on Privatisation (NCP) has approved the immediate revocation of the concession of the Lagos Trade Fair Complex and a fresh privatisation of the Yola Electricity Distribution Company. It also approved the privatisation of Afam Power plants 1-5 to inject additional power into the national grid and improve ...
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Fayemi leads Nigerian delegation to ADU
By Ruth Tene Natsa, Abuja The Minister of Mines and Steel Development, Dr Kayode Fayemi, is leading the Nigerian delegation to the Africa Down Under (ADU) Conference, holding in Perth, Australia, between September 6th to 8th, 2017. Widely regarded as a conference that attracts significant interest from organisations prospecting for ...
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Las posiciones cortas en Bankia caen al 3,8% desde máximos
Las posiciones cortas en Bankia han descendido hasta el 3,8% de su capital social, desde el máximo del 3,96% alcanzado a mediados de agosto, según consta en los registros de la Comisión Nacional del Mercado de Valores (CNMV), lo que demuestra que los bajistas han relajado su ofensiva contra la ...
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Economía/Finanzas.- Las posiciones cortas en Bankia caen al 3,8% desde máximos
MADRID, 4 (EUROPA PRESS) Las posiciones cortas en Bankia han descendido hasta el 3,8% de su capital social, desde el máximo del 3,96% alcanzado a mediados de agosto, según consta en los registros de la Comisión Nacional del Mercado de Valores (CNMV), lo que demuestra que los bajistas ...