Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Customs impound rice worth N6.8m
The Nigeria Customs Service, Western Marine Command, on Tuesday, said its officers seized 941 bags of rice estimated at N6, 830,791 being smuggled into the country. The new Customs Area Controller, Comptroller Sarkin Kebbi, said in Lagos that the seizure was barely a month after he assumed duty at the ...
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NCS Western Marine Command impounds N6.8m rice
The Nigeria Customs Service, Western Marine Command, on Tuesday said its officers seized 941 bags of rice estimated at N6,830,791 being smuggled into the country. The new Customs Area Controller, Comptroller Sarkin Kebbi, told the News Agency of Nigeria in Lagos that the seizure was barely a month after he assumed ...
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New envoy asks UN for help in returning Nigeria’s stolen assets
Nigeria’s Ambassador/Permanent Representative to the UN Office and Other International Organisations in Geneva, Amb. Audu Kadiri, has sought the assistance of the UN towards expeditious return of the country’s stolen assets stashed abroad. Spokesperson in the Ministry of Foreign Affairs, Clement Aduku, on Tuesday in a statement said Kadiri made the call ...
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Police to partner Schools on Safety Initiative
The Police Command in Enugu State is to collaborate with stakeholders to implement the Federal Government’s Safe School Initiative in primary and secondary schools starting from June. The Police Public Relations Officer in the state, SP Ebere Amaraizu, made the plan known in an interview with the News Agency of ...
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Trump team lack positive shifts- Russia
Russia’s deputy foreign minister Sergei Ryabkov on Tuesday said that Moscow was concerned that contacts with the Donald Trump administration had not yet led to positive shifts in the relations between the two nations. Russian news agencies quoted Ryabkov as saying that as nuclear powers Russia and the United States ...
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Nigeria Ranks Fifth Largest Insurance Market In Africa
By ZAKA KHALIQ, Lagos Despite the low insurance adoption, penetration and acceptance in the country, Nigeria’s insurance industry is ranked fifth in Africa. The top five insurance markets on the continent are said to have overall market share of 85 percent of premiums across Africa. General-Secretary of the African Insurance ...
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Midterm Assessment: Nigeria’s Economy Under PMB’s Watch
By BUKOLA IDOWU, SHOLA BELLO, ZAKA KHALIQ, KAYODE TOKEDE, Lagos And MARK ITSIBOR, MBAKAAN KWEN, Abuja President Muhammadu Buhari’s tenure as the president of Nigeria started at a time that the country stared recession in the face. It is however in the public courts with two sides dissipating energy on ...
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Nigerian economy not being properly managed – Group
Ifeanyi Onuba, Abuja The Centre for Social Justice on Monday called on President Muhammadu Buhari to rejig key personnel in his administration to enable Nigerians to benefit from the campaign promises of the All Progressives Congress-led government. The group in its assessment of the two years in office of the ...
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Shareholders support Wapic’s plan to raise new capital
Nike Popoola Shareholders of Wapic Insurance have approved the company’s plan to raise additional capital of N10bn or its equivalent in any foreign currency. According to a statement by Wapic, the shareholders gave their nod at the firm’s 58th Annual General Meeting in Lagos. It stated that this became necessary ...
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CBN’s regular intervention in FX market inevitable, says Ajibola
Oyetunji Abioye The continued intervention of the Central Bank of Nigeria in the foreign exchange market to strengthen the naira is inevitable due to the volatile nature of the market, the President and Chairman of Council, Chartered Institute of Bankers of Nigeria, Prof. Segun Ajibola, has said. According to him, ...
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Dangote to invest $1bn in rice cultivation
Akinpelu Dada The Dangote Group has disclosed plans to invest $1bn in rice cultivation in five states to boost food self-sufficiency in the country. The group stated this in a statement made available to our correspondent on Monday. Speaking at the just concluded 2017 Gateway Trade Fair, which held in ...
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Malabu: I facilitated dispute settlement – Adoke
A former Attorney General of the Federation (AGF) and Minister of Justice, Mohammed Bello Adoke (SAN), on Monday said his involvement in the $1.09billion Malabu Oil Block deal was only that of a facilitator. The ex-minister said he facilitated amicable settlement of dispute between two parties because of its implications ...
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Pearl Universal Impex Increases Rice Harvest to 20,000MT
By Ruth Tene Natsa, The Chairman Pearl Universal Impex Limited (APJS Group Company), Mr. Pulkit Jain has said the company has made tremendous investments and increased its local rice production to about 20,000metric tonnes. Pearl Universal Impex is one of Nigeria’s integrated rice value chain companies with operations ...
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Nigeria: Govt, States Urged to Reform Tax Administration to Attract Investors
[This Day] The Managing Director and Chief Executive Officer of FSDH Merchant Bank Limited, Mrs. Hamda Ambah has called on the federal and state governments to immediately reform tax administration in the country in order to encourage local and foreign investors to invest in the country.
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West Africa: Premier David Makhura Visits West Africa to Promote Intra Africa Trade, 28 May to 3 Jun
[Govt of SA] Gauteng Premier David Makhura will on Sunday 28 May 2017 lead a delegation of government and business on a working visit to Ghana and Nigeria.
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Democracy Day: Economy, our biggest problem – Osinbajo
Olalekan Adetayo, Abuja The Acting President, Yemi Osinbajo, on Monday admitted that the economy had proven to be the biggest challenge facing the present administration. Osinbajo said this in a national broadcast to commemorate the nation’s Democracy Day and second anniversary of the President Muhammadu Buhari’s administration. He ...
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Democracy Day: Nigeria on the right track, says Osinbajo
Despite acknowledging that the economy posed the greatest challenge to the President Muhammadu Buhari’s administration in the last two years, the federal government has scored itself high in the fight against corruption and insecurity. Acting President, Professor Yemi Osinbajo stated this in the Democracy Day speech commemorating the second anniversary ...
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Court declares LG marriage certificates illegal
Adelani Adepegba, Abuja A Lagos High Court has barred local government areas from conducting marriages across the country. The court, in a judgment, declared that the Local Government Unified Marriage Certificate was unknown to law and therefore unconstitutional, null and void. A Certified True Copy of the judgment by Justice ...
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Economy bleeds as CBN pursues elusive naira stability
As the Central Bank of Nigeria steps up efforts to achieve naira stability through the convergence of the official and unofficial exchange rates, OYETUNJI ABIOYE writes that the road will be tortuous with major economic challenges looming for the country Nigeria, the biggest economy in Africa, is down on its ...
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LASACO pays claims to relatives of deceased workers
Nike Popoola LASACO Assurance Plc has paid insurance claims to relatives of 85 deceased Lagos State workers under the Group Life Insurance Policy. During the presentation of cheques to the relatives of the deceased workers in Lagos, the Commissioner for Local Government and Community Affairs, Muslim Folami, said dependants of ...
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Democracy Day: Saraki, Ekweremadu call for stronger economy, lawfulness
Leke Baiyewu, Abuja President of the Senate, Bukola Saraki, has called for concerted effort by all Nigerians to build a strong economy as a means of sustaining the country’s democracy. Saraki made the call in a statement by his Special Adviser on Media and Publicity, Yusuph Olaniyonu, in Abuja, to ...