Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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IGP confirms arrest of eight kidnappers of Lagos school pupils
CHIDIEBUBE OKEOMA The Inspector General of Police, Ibrahim Idris, on Friday confirmed the arrest of eight suspected kidnappers of six pupils of the Lagos State Model College, Igbonla, Epe. Speaking to newsmen while on tour of duty in Imo State, the IGP said that eight suspects in connection with the ...
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World Bank boss in Lagos, renews energy, infrastructure partnership with LASG
Impressed by the massive investment of the Lagos State Government in urban renewal and infrastructure, the World Bank said on Saturday that it would facilitate and mobilise the private sector to partner with the state government on the projects. Mr Joaquim Levy, the Managing Director/Group Chief Financial Officer, gave the assurance ...
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TUC warns Senate over plans to increase fuel pump price
Fidelis Soriwei, Abuja The Trade Union Congress of Nigeria had warned at the Senate against plans to increase the pump price of petroleum products in the country. The President of the TUC, Mr. Bala Kaigama, and the Secretary General, Mr. Musa-Lawal Ozigi, said in a statement on Friday that the ...
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El Sinaproc modificará su ley para sancionar a empresas inmobiliarias
José Donderis, director de la entidad, explicó que en el sector de Condado del Rey y Limajo hay zonas que fueron declaradas vulnerables y, actualmente, se desarrollan obras habitacionales.
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Nigeria’s Oil Sector Focuses On Growth With Fresh Impetus
With estimated 37.2 billion barrels of proven oil reserves and over 188 trillion standard cubic feet of natural gas, Nigeria holds the largest hydrocarbon deposits in Africa. Oil exploitation has become central to the economy, accounting for some 80 percent of government revenue, 95 percent of foreign exchange earnings, and ...
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Lagos plans to become Africa’s third largest economy
Ozioma Ubabukoh The Lagos State Government says it is investing in Information and Communications Technology to push the state from the fifth largest to the third largest economy in Africa. “We will need a new generation of technology literate graduates to drive that forward and ensure that Lagos State becomes ...
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Budget delay not good for economy, says Lemo
Samuel Awoyinfa, Abeokuta A former Deputy Governor of the Central Bank of Nigeria, Tunde Lemo, has said the delay in the signing of the 2017 budget into law is not too good for the economy, especially when the country is still in recession. He said this on Thursday at the ...
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N19b, $86m refund probe sparks anti-Magu protest
A GROUP of protesters stormed the Abuja office of the Economic and Financial Crimes Commission (EFCC) yesterday. The protesters were demanding EFCC Acting Chairman Ibrahim Magu’s removal. Detectives said they had unveiled the sponsor of the protest. They claimed that it was sponsored by a governor, who is said to ...
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Economía/Finanzas.- Bankia Banca Privada eleva hasta 5.400 millones el patrimonio gestionado hasta mayo, un 10% más
br /> MADRID, 1 (EUROPA PRESS) El presidente de Bankia, José Ignacio Goirigolzarri, ha explicado que Bankia Banca Privada elevó un 10% el patrimonio gestionado durante los cinco primeros meses del año en comparación con el mismo periodo del año anterior, hasta alcanzar los 5.400 millones ...
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PIB: Bill To Pass Next Week As House Moves To Tackle Issue Of Host Communities
By Kauthar Anumba-Khaleel, Abuja The House of Representatives has hinted that it will next week, pass the Petroleum Industry Bill (PIB). It would be recalled that the Senate passed its version (Petroleum Industry Governance Bill) last week. Chairman of the House committee on Petroleum (upstream), Hon. Victor Nwokolo gave the ...
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Nigeria To Increase Crude Sell To Indonesia
By FESTUS OKOROMADU, Indonesia, a country with an emerging economy in South East Asia, has indicated interest to purchase more crude oil from Nigeria. Indonesian Ambassador to Nigeria, Mr. Harry Purwanto, said his country is interested in increasing Crude oil purchase from Nigeria. He stated this in Abuja when he ...
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South-East commission: Sponsor’s absence stalls Reps’ debate
John Ameh, Abuja A bill seeking to establish a development commission for the South-East geopolitical zone suffered setback at the House of Representatives on Wednesday following the absence of the sponsor. The bill had been scheduled for the second reading of its general principles. The bill is titled, ‘A bill ...
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PIGB passage’ll drive economic revival – Adio
Mr. Seni Adio, a Senior Advocate of Nigeria, is the Vice-Chairman of the Nigerian Bar Association Section on Business Law. In this interview with RAMON OLADIMEJI, he attempts a review of the legal aspect of the efforts by the Federal Government to take the country out of economic recession Upper ...
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Recession puts CBN’s financial inclusion target at risk
Ifeanyi Onuba, Abuja The current economic challenges, which have led to massive job losses in some sectors of the economy, as well as closure of some businesses, are having a negative impact on the financial inclusion target of the Central Bank of Nigeria. This is one of the major outcomes ...
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Nigeria begins vaccines production
Nigeria is to begin production of vaccines in Lagos this year, it was announced yesterday. Health Minister Prof Isaac Adewole said the Federal Executive Council (FEC) approved a proposal to go into a joint venture with pharmaceutical giant May & Baker. The government will hold 49 per cent equity and ...
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FG To Partner With May & Baker To Produce Vaccines – Health Minister
By Jonathan Nda- Isaiah The federal executive council (FEC) has approved a joint venture agreement between the federal government and May and Baker plc to produce vaccines in Nigeria from 2017-2021. According to the agreement ,the federal government will own 49 per cent of the joint venture while May ...
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Obaseki Inaugurates Arase Committee On PPP law Task Force
By: Patrick Ochoga, Benin City Edo State Governor, Mr Godwin Obaseki has restated his administration’s determination to enforce the Community Development Association (CDA) law, stressing that the long arm of the law would catch up with anyone found contravening any section of such law. The governor stated this in Benin City, where he inaugurated the committee, led ...
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Osinbajo signs Acts to ease MSMEs’ access to credit
Olalekan Adetayo, Abuja Acting President Yemi Osinbajo on Tuesday signed into law two Acts of Parliament that had earlier been passed by the National Assembly. According to a statement by the Senior Special Assistant to the Acting President on Media and Publicity, Mr. Laolu Akande, the Acts signed into law ...
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Nigeria eyes improvement in W’Bank’s ease of doing business index
Olalekan Adetayo, Abuja The Head of Service of the Federation, Mrs. Winifred Oyo-Ita, on Tuesday said the Federal Government was committed to ensuring that the country was ranked among the first 100 nations on the World Bank’s Ease of Doing Business Index within the next three years. Ahead of that, ...
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NDIC to lead Africa in deposit insurance
The Nigeria Deposit Insurance Corporation (NDIC) is set to lead the African Sub-Region in enhancing capacity building and bridging skills gaps in the banking industry in general and the Deposit Insurance Scheme (DIS) in particular. The NDIC’s Managing Director/Chief Executive, Alh. Umaru Ibrahim made this remark during the accreditation ceremony of the NDIC Academy as a training service provider for its staff and the banking industry by the Council ...
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IPPP To Build Institutional Capacity To Bridge Infrastructure Deficit
By Mbakaan Kwen, Minister of State, Budget and National Planning, Hajiya Zainab Ahmed, has said that the government Public Private Partnership (PPP) arrangement is a reliable option for bridging Nigeria’s infrastructure deficit. Mrs Ahmed stated this during a capacity building training on Public Private Partnership (PPP) management in the public ...