Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Bankers’ Committee: FX Window attracts $2.2b
Dollar inflows into the economy through the newly introduced Investor and Exporter (I&E) Forex Window have hit $2.2 billion, the Bankers’ Committee said yesterday. The I&E FX window was introduced by the Central Bank of Nigeria (CBN) on April 24 to enable portfolio investors sell dollars at rates of their choice, if ...
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FG Determined To Improving Transportation Sector- Amaechi
By Ejike Ejike, Abuja The Hon. Minister of Transportation, Rt. Hon Chibuike Rotimi Amaechi, said that the present administration under President Muhammadu Buhari, in recognition of the transportation sector as an untapped goldmine, and in its quest to diversify the economy, is making concerted efforts towards improving the sector and ...
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FG Targets Additional Three Million Taxpayers In 2-years
By MARK ITSIBOR, Abuja The federal government has moved to increase the number of taxpayers in the country by 35 per cent or from the present 14 million to about 17 million in the next two years. To achieve that, the minister of finance, Mrs. Kemi Adeosun said the government ...
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Girl’s Education Key To Empowerment, Equal Opportunity-UNICEF
By Winifred Ogbebo, Abuja As Nigeria joins the rest of Africa to celebrate the Day of the African Child today, the United Nations Children’s Education Fund ( UNICEF), in partnership with Federal Ministry of Education and State Universal Basic Education Boards in Bauchi, Niger, Katsina, Sokoto and Zamfara states, has ...
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Empreendedorismo em Lagos é para continuar e reforçar
O município de Lagos acaba de organizar o primeiro meeting de empreendedorismo – “Lagos Start on to Start up” – um fórum de partilha de experiências e debate o poder que a criação de novas ideias de negócio assume na dinamização da economia.
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Naira closes at 364/dollar, CBN plans N133bn TB sale
Oyetunji Abioye The naira closed flat at 364 per United States dollar on Wednesday, the same rate it closed on Monday and Tuesday. This is despite a $414m injection into the foreign exchange market by the Central Bank of Nigeria on Monday. The naira had posted a marginal gain against ...
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Olubadan, high chiefs endorse Ajimobi’s chieftaincy review proposal
Olufemi Atoyebi, Ibadan The Olubadan of Ibadan land, Oba Saliu Adetunji, and the members of the Olubadan-in-Council on Wednesday visited the Oyo State Governor, Abiola Ajimobi, at the Governor’s Office, Ibadan, where the governor’s proposed review of the Olubadan Chieftaincy Law 1957 received their blessings. The proposal had caused controversy ...
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CCT acquits Saraki of false assets declaration charge
Senate President Bukola Saraki was yesterday at the Code of Conduct Tribunal (CCT) cleared of the false assets declaration charge preferred against him. Upholding Saraki’s “no-case submission”, the tribunal said the prosecution failed to discharge the burden of proof placed on it under the law. In a unanimous ruling, the ...
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Marketers beg Fed Govt to clear N800b debt
Marketers yesterday spoke of financial constraints, begging the Federal Government to pay them N800billion spent on fuel import. The cash also covers interest on bank loans. The marketers , which are owing banks over $1.2 billion, appealed to Acting President Yemi Osinbajo for “urgent intervention”. In a communiqué after their ...
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FG moves to stop evasion of taxes by major companies
Olalekan Adetayo, Abuja The Federal Government on Wednesday commenced a move aimed at stopping major companies from evading tax. To achieve this, the Federal Executive Council granted permission to the Ministry of Finance to sign a multilateral convention to implement tax treaty related matters to prevent base erosion and profit ...
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Saraki’s victory at CCT, setback for anti-graft war –CSOs
Civil society organisations have said the Senate President, Bukola Saraki’s victory at the Code of Conduct Tribunal is a setback in the anti-corruption fight. Saraki, who had been on trial over allegation of false declaration of assets, was discharged and acquitted by the tribunal on Wednesday in Abuja. Chairman of ...
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Malta conference: Confidant of Pope praises ‘Nordic Model’ on prostitution to fight slavery
Important changes to legislation in various European countries have come a long way to help in the fight against modern day slavery, Mgr. Marcelo Sanchez Sorondo said while addressing a conference on the issue.The conference focuses on sharing models and best practices to end modern day slavery and restore dignity ...
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FG begins preparation for 2018 budget
Ifeanyi Onuba, Abuja Barely 24 hours after signing the 2017 Appropriation Bill into law, Acting President Yemi Osinbajo on Tuesday in Abuja started preparatory activities for the 2018 budget based on the Federal Government’s Economic Recovery and Growth Plan. Anchored by the Ministry of Budget and National Planning, the process ...
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NFF pays 27 coaches, hails Aiteo
The Nigeria Football Federation said on Tuesday it had paid 27 coaches their outstanding salaries. The NFF praised its partner Aiteo Group, which is bankrolling the salaries of national team coaches, for assisting the federation. Spokesman for the NFF Ademola Olajire in a statement listed the coaches as Salisu Yusuf, ...
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Afe Babalola varsity gets AfDB’s $40m loan
The African Development Bank (AfDB) has signed an agreement with Afe Babalola University (ABUAD), Ado-Ekiti, Ekiti State for a corporate loan to finance the institution’s expansion. A statement from the bank stated that the expansion plan consists of construction of new facilities – including a 400-bed teaching hospital, an industrial ...
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FIRS rakes in N778.19b in Q1
The Federal Inland Revenue Service (FIRS) generated N778.19 billion revenue in the first quarter of 2017, a progress report by the agency has indicated’ The report which was sent to the Federal Ministry of Finance, showed the revenue performance for the first quarter of 2017 and the breakdown of money ...
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Russia to improve bilateral relationship with Nigeria-envoy
Russia has pledged to strengthen bilateral trade and investment cooperation with Nigeria. Mr Nikolay Udovichenko, Ambassador of the Russian Federation to Nigeria made this known during the Russian Federation National Day celebration which took place at the Russian federation embassy in Abuja on Monday. “Nigeria is one of our greatest ...
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Psychiatric tests for traffic offenders begin July 1 – FRSC
Adelani Adepegba, Abuja The Federal Road Safety Corps has said that it will commence enforcement of psychiatric tests on traffic law offenders in the country with effect from July 1, 2017. The Corps Marshal, Dr Boboye Oyeyemi, stated this at the opening of a five-day training programme for 22 FRSC officials ...
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Spiritualist obtains N8.5m, fails to fulfil boosting client’s business
A self-styled Alfa, 45-year-old Adeleke Isiaka, is facing trial at a Federal High Court, Lagos, for allegedly obtaining $50,000 (N8.5m) from a man on the pretext of praying on the money to make his business boom. The accused is charged with a three-count offence of conspiracy, obtaining money by false pretences ...
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Go after companies with illicit financial flows, experts tell FG
Ifeanyi Onuba, Abuja Some finance and economic experts have called on the Federal Government to go after companies engaged in illicit financial flows, adding that the development is impacting negatively on the revenue of the country. According to the World Bank and the United Nations Economic Commission for Africa report, ...
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Nestle redesigns Maggi
Nestlé Central and West Africa Region says it is committed to redesigning its Maggi product, with the reduction of salt content, using more familiar and common ingredients. Dominique Allier, Business Executive Officer Culinary for Nestlé Central and West Africa, in a statement on Monday in Lagos, said the announcement was ...