Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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$175m foreign airlines funds trapped in Nigeria
Foreign airlines have $175million ticket sales proceeds trapped in Nigeia, the International Air Transport Association (IATA) said yesterday. But the organisation applauded the Central Bank of Nigeria (CBN) for reducing the debt, which could not be paid due to the dearth of foreign exchange, from $600 million in June 2017 ...
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Exit Of Foreign Partners Won’t Affect 9mobile, Olusanya Reassures Customers
…Highlights strategic road-map to market evolution By CHIMA AKWAJA, Nigeria’s telecommunications company, 9mobile has reassured its customers and key stakeholders that the exit of its foreign partners would not affect the quality of its network or its ability to deliver excellent products and services. Emerging Markets Telecommunication Services (EMTS), ...
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Trump approves new Russia sanctions
United States President, Donald Trump, has signed into a law a bill which imposes new sanctions on Russia for their alleged meddling in the 2016 election. The White House had indicated that Mr. Trump would sign the bill after it had passed through both houses of Congress, the BBC reports. ...
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Bizman Sue NDLEA Boss, RCCG Others Over Ownership Of Land
OLUGBENGA SOYELE, Lagos A Lagos based businessmen, Mallam Sadiq Eldau has dragged the Chairman of the National Drug Law Enforcement Agency (NDLEA), Col. Muhammad Mustapha Abdallah (Rtd) and four others before the Lagos State High Court, Igbosere over disputes over the ownership of a plot of land located in the ...
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L’Opep n’a pas respecté ses engagements
La production pétrolière de l’Opep a augmenté de 90 000 barils par jour (bj) en juillet, le plus haut niveau enregistré depuis décembre 2016, selon une enquête de l’agence Reuters, menée après le rétablissement de l’approvisionnement de la Libye, l’un des pays exemptés de l’accord de réduction de production. Les ...
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Nigeria: Dangote Cement Trades 418m Shares As Stock Market Rebounds With 2.43 Percent
[Leadership] Lagos -Dangote Cement Plc traded 417.76 million shares yesterday as the Nigerian stock market rebounded with a gain of 2.43 per cent. According to Reuter, Dangote Industries Limited has sold a 2.3 percent stake in Dangote Cement to foreign buyers in a stock market deal valued at N86.1 billion ...
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Nigeria: Foreign Investors Stake N86.1 Billion On 2.3 Percent of Dangote Cement
[This Day] In apparent show of confidence, some foreign investors have bought 2.3 per cent stake in Dangote Cement Plc for N86.1 billion ($236 million). The sale involved 416 million shares that was consummated in six off market deals on the Nigerian Stock Exchange (NSE) on Tuesday.
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Nigeria: Iran Seeks Business Ties With Enugu Govt
[Vanguard] Enugu -The Ambassador of the Islamic Republic of Iran to Nigeria, Morteza Rahimi Zarchi, has disclosed the willingness of the Asian country to establish general bilateral business relationship with the Enugu State Government, especially in the area of rendering medical services.
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Nigeria: Insecurity, Policy Somersault Deprive Nigeria of U.S.$300 Billion Oil Investment - Kachikwu
[Daily Trust] Lagos -Minister of state for Petroleum Recourses, Ibe Kachikwu has said that investments worth over $300 billion have disappeared in the nation's oil sector in the last five years due to low oil prices and insecurity as well as inconsistent policies.
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Há uma praia que está a recuperar a economia de Pedrógão Grande
"As pessoas têm dado uma boa resposta", explicou José Pais, em entrevista à Lusa. O administrador do complexo espera conseguir atingir os níveis de agosto do ano passado.
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Lagos, UNICEF partner to tackle societal problems
The Lagos State Ministry of Budget and Economic Planning and the United Nations Children Fund (UNICEF) have organized a workshop on societal problems and their impacts for people of the state. The workshop, which took place in Surulere, Oshodi/lsolo and Epe local government areas of the state, gave participants the ...
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Cleaner docked for stealing N2m wedding rings
A cleaner, Daniel Salako, who allegedly stole four gold wedding rings valued at N2 million was brought before an Igbosere Magistrates’ Court in Lagos on Tuesday. Salako, 31, of Second Gate, Ikota Housing Complex, Ajah, Lagos, is standing trial before Mr. B. A. Sonuga on a two-count charge of attempted ...
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Biafra agitation affecting South-East’s economy-Orji Kalu
A former governor of Abia, Dr Orji Kalu, says the agitation for a sovereign state of Biafra is adversely affecting the Gross Domestic Product (GDP) of the South-East. Kalu spoke on Tuesday in Abuja, at a joint press conference with members of the Coalition of Northern Groups (CNG), after a ...
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N50bn capital raising on course – Union Bank
Stanley Opara Union Bank of Nigeria Plc has reaffirmed its commitment to meeting its key 2017 business objectives, including plans to raise up to N50bn in tier-1 capital through a rights issue during the third quarter. The bank confirmed this in a note attached to its half-year financial result filed ...
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Caleb varsity, others to light up Lagos classrooms
Folashade Adebayo A partnership between students of Caleb University and their counterparts from the Institute of International Marine Affairs, South Korea, will see them provide electricity in several classrooms in Lagos, the Vice Chancellor of the university, Prof Ayandiji Aina, has said. Aina said the partnership is part of the ...
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Forex: CBN opens week with $195m intervention
Oyetunji Abioye The Central Bank of Nigeria on Monday offered $100m in wholesale auction at the inter-bank foreign exchange market and intervened in the Small and Medium Enterprises and invisible segments with the sums of $50m and $45m, respectively. The CBN had on Friday sold $462m as part of its ...
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Enelamah elected WTO conference vice-chairman
Ifeanyi Onuba, Abuja The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, has been elected as the vice-chairman representing Africa for the 11th World Trade Organisation’s Ministerial Conference A statement by the ministry on Monday said Enelamah’s election was decided at the meeting of the WTO General Council on ...
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Ministers discuss presidential directive on local goods
Everest Amaefule, Abuja The Minister of Science and Technology, Dr. Ogbonnaya Onu; and the Minister of State for Industry, Trade and Investment, Mrs. Aisha Abubakar, met in Abuja on Monday on the implementation of a Presidential Order directing government Ministries, Departments and Agencies to give preference to locally-made goods and ...
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Naira closes at 365 despite CBN dollar sales
Oyetunji Abioye The naira closed at 365 against the United States dollar at the parallel market segment of the foreign exchange market on Monday, down from 364/dollar it closed on Friday. This was despite the sales of $462m and $195m in the interbank forex market by the Central Bank of ...
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‘Govt hopes on Dangote Refinery to end fuel import’
The Federal Government is waiting on the completion of work on Dangote refinery to fulfil its promise to Nigerians to end fuel importation by December 2019, Minister of State Petroleum Ibe Kachikwu, said yesterday. He spoke during a visit to the Dangote Oil Refinery site at the Lekki Free Trade ...
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WTO Ministerial Conference Elects Enelamah Vice Chairperson, Africa
By OLUSHOLA BELLO, Lagos The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, has been elected the vice-chairperson representing Africa, for the 11th World Trade Organisation (WTO) Ministerial Conference. This was made known in a statement signed by the Strategy and Communications adviser to Minister of Industry, Trade and ...