Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Blame FG for NHIS/HMO crisis —Pharmacists
Bukola Adebayo The National Chairman of the Association of Community Pharmacists of Nigeria, Dr. Albert Alkali, has said that the Federal Government is not blameless in the crisis between the managers of the National Health Insurance Scheme and Health Management Organisations in the country. Alkali noted that NHIS managers had ...
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Cornerstone Insurance grows gross premium by 25%
Nike Popoola Cornerstone Insurance has grown its gross premium by 25 per cent during the 2016 financial period. The Group Chairman of the company, Mr. Segun Adebanji, stated this during its Annual General Meeting in Lagos. “Despite the harsh economic climate the company has sustained its growth trajectory by growing ...
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NDLEA impounds 39,000kg of cocaine in Kano
Ted Odogwu, Kano Kano State Commander of the National Drug Law Enforcement Agency, Mr. Hamza Umar, on Tuesday in Kano, said the command had seized not less than 39, 224.109kg of assorted drugs in the last one year. Addressing newsmen during the 2017 United Nations drug-free day, with the theme, ...
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B’Haram increases drug abuse in Borno – NDLEA
Kayode Idowu, Maiduguri The Nigeria Drug Law Enforcement Agency has lamented that the Boko Haram insurgency has led to an explosion in drug abuse in Borno State. Speaking at a press conference marking the United Nations Day against Drug Abuse and Trafficking, the Borno State Commander, NDLEA, Joseph Okechukwu, said ...
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Should health insurance be made compulsory for all Nigerians?
Prof. Tanimola Akande (Ex-National Chairman, Association of Public Health Physicians of Nigeria) It should be made compulsory. It is only mandatory health insurance that can provide us with enough pool of funds to have a sustainable scheme. When you make it optional for Nigerians, we have this belief of “God ...
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Buratai : Dubai property my family investment
Chief of Army Staff Lt. Gen. Tukur Buratai said yesterday that his family invested in property in Dubai, United Arab Emirates (UAE) in 2013, long before his appointment. He was featured yesterday in a British Broadcasting Corporation (BBC) interview programme Hard Talk. ”Substantial property is just an investment; my family do ...
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Etisalat boosts access to instant loans with KwikCash
Etisalat Nigeria, in partnership with Support Microfinance Bank, says it has made access to loans easier through the launch of its new service, KwikCash. The service, which is currently available only on the Etisalat network, was developed for subscribers who have bank accounts and need to access loans to settle ...
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Operational costs, poor infrastructure hindering e-commerce business – Jumia
The Managing Director, Jumia Mall, Juliet Anammah, has said that the rising cost of doing business in Nigeria, poor infrastructure and security are major challenges hindering the growth of the e-commerce sector. She stated this on Monday while responding to a question on the status of the company’s profitability at ...
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We want access to forex, telecom firms tell CBN
Ozioma Ubabukoh Telecommunications operators in the country have appealed to the Central Bank of Nigeria to include telecoms service providers on the priority list of sectors in serious need for foreign exchange. The operators made this appeal on Friday, under the auspices of the Association of Licensed Telecommunications Operators of ...
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We’ll deploy technology to increase voluntary tax compliance — Adeosun
Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Monday said the Federal Government would rely heavily on technology to increase tax compliance under the recently launched Voluntary Asset and Income Declaration Scheme. The VAIDS was launched last week by Acting President Yemi Osinbajo to provide tax defaulters ...
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Telcos can use existing customers to grow –Experts
Everest Amaefule, Abuja Tech firms, especially telecommunications operators, have immense potential to grow their networks and bottom lines through engagement of existing customers, industry experts have said. The experts said this at an event organised by Netcore Solutions in partnership with WSI Analytics Limited to explore technology and marketing According ...
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Nigeria rated Africa’s 19th most attractive investment destination
Oyetunji Abioye Nigeria is the 19th most attractive economy for investments flowing into the African continent, a new report has indicated. The Africa Investment Index 2016 report showed that Nigeria attracted a net Foreign Direct Investment of $3.1bn in 2015. According to the index, African investment destinations attracted an overall ...
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Naira closes at 362/dollar, CBN sells $195m
Oyetunji Abioye The naira recorded a marginal gain on Monday, closing at 362 per the United States dollar up from 363 on Sunday. The local currency has been hovering between 363/dollar and 370/dollar as the Central Bank of Nigeria continues to supply foreign exchange into the market. The CBN, in ...
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BDCs tackle Travelex over cash refund
Several Bureau De Change (BDC) operators are accusing Travelex Nigeria of delaying cash refund from failed foreign (forex) exchange bids. The BDCs insist that refunds from unsuccessful bids, which should come between 24 and 48 hours, take two or more weeks, with the affected BDC operators staying out of business. ...
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CBN pumps $195m into interbank market
The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange (forex) market, yesterday injected $195 million into various segments of the inter-bank forex market. A breakdown of the figures released by the CBN, showed that $100 million was offered to ...
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Fed Govt eyes $1b from new tax reform
Finance Minister Mrs Kemi Adeosun yesterday said the Federal Government planned to raise over $1billion from the executive order signed by Acting President Yemi Osinbajo. Last week, Osinbajo signed an executive order to give room for Nigerians to regularise their taxes. Adeosun spoke yesterday on Sunrise Daily, a Channels television ...
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Osinbajo signs two bills into law
Acting President, Prof. Yemi Osinbajo, Monday assented to two bill passed by the National Assembly. A statement by the Senior Special Assistant to the President on National Assembly Matters, Senator Ita Enang, said that the Acting President assented to the Nigerians in Diaspora Commission (Establishment) Act 2017 and the Petroleum ...
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JAMB Begins Sales Of 2017 Direct Entry, Foreign Candidates’ Forms July 10 – Official
The Joint Admission and Matriculation Board (JAMB) will begin the sale of the 2017 Direct Entry forms and registration of foreign candidates on July 10. JAMB’s Head of Public Relations Fabian Benjamin made this known in an interview with the News Agency of Nigeria (NAN) in Bwari, FCT, on Monday. Benjamin ...
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World hunger on the rise again, reversing years of progress
Source: Food and Agriculture Organization of the United Nations Country: Nigeria, Somalia, South Sudan, World, YemenAlmost 60 percent of the people suffering from hunger live in countries affected by conflict and climate change. FAO identifies 19 countries in a protracted crisis situation.3 July 2017, Rome - The number of hungry people ...
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AMCON: Disturbing 350 debtors of N2.5tn
A recalcitrant group of wealthy Nigerians is holding the national economy to ransom. According to the Asset Management Corporation of Nigeria, established to purchase toxic debts and save the economy from crashing, these people have refused all entreaties to repay their loans totalling N2.5 trillion. This is disturbing. The obligation ...
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Doctors seek law regulating bleaching cream
Eniola Akinkuotu, Abuja Medical doctors under the aegis of the Nigerian Association of Dermatologists, say they have begun the process of meeting with some lawmakers at the National Assembly in order to formulate laws that will regulate the manufacture and use of bleaching cream. The Chairman of the Abuja Dermatology ...