Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Why higher oil prices cripple Nigeria’s economy
Economic Renaissance by Henry Boyo lesleba@lesleba.com 08052201997 The crash in crude oil price is usually identified as the major contributor to the prevailing parlous state of Nigeria’s economy. Clearly, the drop from over $120/barrel to a more humble price below $50/barrel, with a significant drop in output, has certainly reduced ...
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Nigerians in ‘private’ prisons
Assurance Ovie, ICT Department, ANEEJ, Benin City, Edo State: There are too many reports of Nigerians in foreign prisons these days. The last report published with The Guardian of Wednesday, June 28, 2017 said that the number of Nigerians in private prisons in Libya was over 2,000. What is the ...
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Investors push for interbank rate
Foreign investors are pushing for the adoption of the interbank rate as the only official exchange rate, The Nation has learnt. The interbank rate closed on Friday at N315.10/$1. It has remained the most stable exchange rate in the last six months. The new demand by investors followed earlier calls ...
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Nigeria Economy Performed Beyond Expectation In H1 2017 – Analysts
By Bukola Idowu, Lagos Although it started out on a note that was not encouraging, analysts say the Nigerian economy has fared better in the first half of 2017 than it did in the past two years due the policies put in place by both the fiscal and monetary authorities. ...
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External Reserves Rise 16% In H1 2017
By BUKOLA IDOWU, Lagos Nigeria’s foreign exchange reserve in the first half of 2017 grew by 16 per cent despite the several interventions of the Central Bank of Nigeria (CBN) at the foreign exchange market standing at $30.271 billion as at June 29, 2017 according to latest data on the ...
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Nigeria’s political process corrupt—Utomi
Tobi Aworinde A chieftain of the ruling All Progressives Congress and former presidential candidate, Prof. Pat Utomi, has condemned the nomination process of political parties in the country as corrupt and regressive. Utomi, a professor of political economy, told SUNDAY PUNCH in a telephone interview that the anti-corruption war remained ...
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Mixed reactions greet yam export to Europe
Anna Okon Nigeria’s decision to export yam to Europe has been received with mixed reactions from analysts and stakeholders in the export sector. The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, had announced that 72 metric tonnes of yam were ready for export to the United Kingdom and ...
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Plateau to spend N38bn on roads
Mr Pam Dongs, the Plateau Commissioner for Works and Transport, said the state government had set aside N38 billion for the construction of 16 roads in the state this fiscal year. Dongs told the News Agency of Nigeria (NAN) on Sunday in Jos that the projects would aid rural development ...
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ITTF African Club Championships Fallout: Egypt beats Nigeria to women’s title
Egypt’s Alhy retained their women’s title at the 2017 ITTF African Club Championships after beating Nigeria’s Canaan team 3-1 in the final held in Agadir, Morocco. The Dina Meshref-led Egyptian side were lucky to have escape with a 3-1 win against the Cross River-State funded Canaan team following the performance ...
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My daughter’s poor performance in law stopped me from choosing careers for my kids —Ajibola
President, Chartered Institute of Bankers of Nigeria and Dean, Postgraduate Studies, Caleb University, Prof. Segun Ajibola, shares his fatherhood journey with TOLUWANI ENIOLA How would you define fatherhood? Fatherhood entails bringing a child to the world through the process of procreation to be a responsible person in the community. The ...
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Operators lament declining contribution of aviation to GDP
Maureen Ihua-Maduenyi The aviation sector needs to contribute immensely to the economy and improve from its present 0.4 per cent to a very significant figure, the Airline Operators of Nigeria has said. The AON said that despite the potential of the industry and its ability to create about 200,000 direct ...
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Spain once had bad pitches like Nigeria — La Liga chief Casado
La Liga’s Managing Director, International Department, Vicente Casado, talks about Spain’s plans for football development in Nigeria, Cristiano Ronaldo, Barca and more in this interview with ‘Tana Aiyejina You recently signed a partnership deal with Legacy Sports. How beneficial is this going to be for the parties involved? There will ...
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Tax compliance made easy
The nation’s hitherto rigid tax regime is about to witness a revolution of some sorts with the introduction of Voluntary Assets and Income Declaration Scheme (VAIDS) initiative, which offers numerous incentives for individuals and corporate bodies willing to remain tax compliant, reports Ibrahim Apekhade Yusuf One of the toughest jobs ...
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NITT Zaria To Partner NBA On Public Advocacy,Capacity Building
By MSUE AZA,Kaduna The Chairman, Nigerian Bar Association (NBA), Zaria Branch, Prof. Augustine R. Agom, has reiterated the readiness of the association to collaborate with the Nigerian Institute of Transport Technology (NITT), Zaria, on capacity building, public advocacy and other judicial matters. Prof. Agom disclosed this when he led his ...
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Forex reserves dip, FG issues N32bn debt
Stanley Opara with agency report The country’s foreign exchange reserves stood at $30.25bn by June 28, down by 0.36 per cent from a month ago, the Central Bank of Nigeria data showed on Friday. The reserves showed a 14.8 per cent rise from a year ago, when they stood at ...
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Surrender or meet deadly end, Ikorodu traditionalists tell Badoo cult
Kunle Falayi As law enforcement agencies remain helpless in putting a stop to killings in Ikorodu, Lagos, carried out by suspected members of a cult group known as Badoo, traditionalists in the community have taken matters into their hands in a war against the dreaded group. The cult group is ...
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Grazing bill: Embrace ranching or leave Benue, Ortom tells herdsmen
John Alechenu, Abuja The Governor of Benue State, Samuel Ortom, has given herdsmen who are not prepared to abide by provisions of the state’s grazing law up till November 2017 to quit or be ready to face the consequences. Ortom said this while responding to questions from journalists in Abuja ...
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FG uncovers 60,000 ghost workers,says Osinbajo
No fewer than 60,000 ghost workers have been uncovered by the Federal Government since the introduction of the bank verification number (BVN), according to Acting President Yemi Osinbajo. Osinbajo was giving an update on government’s war on corruption at the 5th Annual Christopher Kolade Lecture on Business Integrity in Lagos ...
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Court dismisses certificate forgery case against Andy Uba
The Abuja High Court sitting in Apo, Gudu District, yesterday, dismissed a certificate forgery suit filed by one Mr. Uchenna Nnadi against Senator Andy Uba. The court adjudged that the plaintiff failed to prove his case. Justice Valentine Ashi ýsaid the law says that he who asserts must prove; and ...
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BREAKING: Osinbajo signs executive order on asset declaration scheme
Ifeanyi Onuba,Abuja Acting President, Prof. Yemi Osinbajo, on Thursday signed an Executive Order to Back the Voluntary Asset and Income Declaration Scheme. The signing of the Executive Order was done during the formal launch of the VAIDS scheme at the Banquet Hall of the State House. It was witnessed by the Minister ...
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Nigeria’s Agah reappointed as Deputy DG of WTO
Nigeria’s Yuonov Frederick Agah has been reappointed as Deputy Director-General of the World Trade Organisation (WTO) for another four-year term. Agah, who hails from Benue state, was first appointed as Deputy Director-General of WTO in 2013 for a four-year term. He will resume his second term at the WTO headquarters ...