Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Banks set aside N26b for small businesses, agric
There is good news for small businesses and farmers. They can draw from the N26 billion Agriculture and SMEs Fund, it was announced yesterday. Union Bank Managing Director Mr Emeka Emuwa broke the news in Abuja at the end of the Bankers Committee meeting. He said the board of the ...
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‘Economy out of recession since June’
The Bankers Committee of the Central Bank of Nigeria and other financial institutions yesterday said the economy may have come out of recession as far back as the second quarter of 2017. Addressing reporters at the end of the Bankers Committee meeting in Abuja yesterday, CBN’s Director, Banking Supervision Mr. ...
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Gates Foundation’s $10 million to support fortified foods initiative
Strengthening African Processors of Fortified Foods (SAPFF), a four-year initiative to support local food processors in producing more fortified foods to combat malnutrition was launched yesterday in Lagos by the Minister of Trade and Investment Okechukwu Enelamah. The Bill & Melinda Gates Foundation (BMGF) is supporting the SAPFF project with ...
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Beware of loan empowerment scam, FG warns entrepreneurs
Ifeanyi Onuba, Abuja The Federal Ministry of Industry, Trade and Investment on Thursday warned entrepreneurs against patronising a faceless group that goes about defrauding entrepreneurs under the guise of assisting them with loans. The Special Adviser on Media to the Permanent Secretary in the ministry, Mr. Babajide Iletogun, said the ...
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‘Less than 5 % of Nigerians covered by NHIS’
Samuel Awoyinfa, Abeokuta The Acting Executive Secretary of National Health Insurance Scheme, Mallam Attahiru Ibrahim, says less than 5 per cent of Nigeria’s population has been covered by the scheme. He disclosed this on Wednesday in Abeokuta at a one-day sensitisation for uniformed men with the theme: ‘Enrollee Satisfaction: A ...
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More resources and funding needed to pull people back from the brink of famine
Source: UN Security Council Country: Nigeria, Somalia, South Sudan, YemenUN Security Council issued presidential statement to urge greater humanitarian access to famine-threatened Yemen, South Sudan, Somalia and north-east Nigeria.SC/12946 SECURITY COUNCIL 8020TH MEETING (AM) Calling upon all parties in Yemen, South Sudan, Somalia and north-east Nigeria to urgently take steps that would enable a ...
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Experts advise FG on port facility development
Eric Dumo The Federal Government has been advised to adopt the public-private partnership model to address the decay in infrastructure at the nation’s seaports. Making the call in Lagos during the second edition of the Taiwo Afolabi Annual Maritime Conference, a partnership between Sifax Group and Maritime Forum of the ...
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Return of history to schools
Chief Imam Taofeek Sanni, Trade Fair Complex Central Mosque, Lagos State, +23480234164: History is defined as a chronological record of significant events, including explanations of their causes. Therefore, the news that the Federal Government has approved the reintroduction of History into the curriculum of schools came as a big relief. ...
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Rivers’ll continue to support SMEs, says Wike
Chukwudi Akasike, Port Harcourt The Rivers State Governor, Chief Nyesom Wike, has said that his administration will continue to support the Small and Medium Enterprises for the sustained growth of the state’s economy. He also called on politicians to work towards developing their respective communities instead of constantly playing politics. ...
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How to survive low oil price regime, by Shell chief
•Oil, gas still largely needed in future energy mix In challenging periods in the oil gas industry such as currently being witnessed with prices remaining low for about three consecutive years, operators have to either find ways to substantially cut cost of operation to remain in business or sink. This ...
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UNN, firm partner to start tractor assembling, manufacturing
The University of Nigeria Nsukka (UNN) and Hightech System Limited are to partner in tractor assembling, manufacturing and other tractor value chain services as part of Higher Institution Tractorisation Initiative(HITI). The joint venture Memorandum of Understanding (MoU) was signed in Abuja between UNN and HITI under the Partnership Development Programme ...
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Kebbi generates N6.4bn IGR in two years
The Kebbi Government, on Wednesday said it would review its tax policy to raise its internal revenue collection from the “meager” N6.4 billion it generated in the last two years. The Commissioner for Finance, Alhaji Ibrahim Augie, made the disclosure at a news briefing in Birnin Kebbi. “The Board of ...
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Sales representative docked over theft of rice
A 35-year-old woman, Bukola Omotayo, was on Wednesday arraigned in an Osogbo Chief Magistrates’ Court in Osun over alleged theft of 15 bags of rice. Omotayo is facing a charge of stealing. The Prosecutor, Insp Taiwo Adegoke, told the court that the accused committed the offence in July at Ayoola ...
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2017 National Workshop for Judicial/Legal/Research Assistants [PHOTOS]
NJI-1: L-R: Director of Studies National Judicial Institute (NJI), Mrs. Mayriam Kawu; President, Customary. Court of Appeal, Nasarawa State Justice Jibril Idrisu, and Representative of Administrator NJI, Mr. Abubakar Maidama, during the Opening Ceremony of the 2017 National Workshop for Judicial/Legal/Research Assistants, in Abuja yesterday. PHOTO BY REMI AKUNLEYAN NJI-2: L-R: Director of ...
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NECA unveils e-learning scheme to boost entrepreneurship
Ife Ogunfuwa The Nigeria Employers’ Consultative Association has partnered the Imagine Business Services to unveil NECAPreneur, an entrepreneurship e-learning programme. In a statement on Tuesday, the association said the programme was part of its continued efforts to join hands with the government to address the high unemployment rate among Nigerian ...
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Senate seeks sufficient local content in Lagos-Ibadan rail project
Rasheed Bisiriyu The Senate Joint Committee on Local and Foreign Debt and Land Transport has called for maximum use of available local materials in the construction of the new Lagos-Ibadan rail line in order to provide immediate job opportunities for Nigerians and improve the economy. This was made known in ...
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‘Govt’s new guidelines for incentives released’
The Federal Government yesterday released new guidelines for processing Pioneer Status Incentives (PSIs) applications as well as a revamped list of pioneer industries and products. It also lifted the the administrative suspension on processing PSIs applications following the conclusion of critical reforms of the incentive regime. The Minister of Industry, ...
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Nigeria: 27 Industries to Enjoy Govt's Tax Holiday
[Daily Trust] The federal government has announced a list of 27 new industries that qualified for tax holiday after lifting the administrative suspension on processing Pioneer Status Incentives (PSI) applications.
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Nigeria: Govt Issues New Tax Holiday Guidelines for Investors
[Premium Times] The Federal Government on Monday announced the lifting of the administrative suspension on processing pioneer status incentives applications for prospective investors in the country.
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Invest in Nigeria or regret in 10 years, Osinbajo tells investors
Olalekan Adetayo, Abuja The acting President, Yemi Osinbajo, on Monday re-echoed the need for foreign investors to invest in Nigeria, warning that they would regret their inaction in the next 10 years. He also said the Federal Government was injecting over N701bn into the power sector. Osinbajo spoke at a ...
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NNPC owes oil firms N2tn in cash call —GMD
’Femi Asu The Nigerian National Petroleum Corporation has put the cash call arrears owed oil companies for the development of joint venture assets at $6.6bn (N2.01tn). The Group Managing Director of the corporation, Dr. Maikanti Baru, disclosed this on Monday at the inauguration of the reconstituted NNPC Anti-Corruption Committee in ...