Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Nigeria moves to repatriate prisoners from China
The Federal Government is working out a prisoners’ transfer agreement with China, the Minister of Foreign Affairs, Mr Geoffrey Onyeama, announced in Abuja on Thursday. Onyeama made the announcement at a news conference on the achievements of the current administration since it came into power in the past two years. ...
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FG begins prisoners transfer arrangement with China
Minister of Foreign Affairs, Mr. Geoffrey Onyeama has revealed that Nigeria and China are working on prisoner exchange agreement. If this agreement scales through, the over 600 Nigerians serving various jail terms in China would be brought back home to continue their jail terms. Minister of Foreign Affairs, Geoffrey Onyeama made ...
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FG Approves Closure Of 5 Foreign Missions
The Federal Government has approved the closure of five foreign missions and embassies, Minister of Foreign Affairs, Mr Geoffrey Onyeama said. Onyeama told newsmen in Abuja on Thursday. The minister who did not mention the embassies or missions, said the process for closure was underway and was also subject to ...
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Nigeria: Foreign Investment Inflow Declines 41% - Lowest in Ten Years
[Premium Times] The National Bureau of Statistics, NBS, on Wednesday said the total value of capital imported into Nigeria in the first quarter of 2017 was estimated to be $908.27 million, the lowest in ten years.
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Government must stop intellectual property theft — Babatunde
Mr. Layi Babatunde, a Senior Advocate of Nigeria, is the Editor-in-Chief of Supreme Court Reports published by Lawbreed Ltd. since 1999. He speaks to RAMON OLADIMEJI on the place of law report in legal practice and the challenges he commonly encounters in delivering his mandate, among other issues The Nigerian ...
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Osinbajo: how to save the economy
ACTING President Yemi Osinbajo yesterday said hard work and not praying and fasting alone can develop Nigeria’s economy. He said men and women with patriotic zeal built the great economies, adding that they were not spirits. Prof. Osinbajo spoke during an interactive session with senior civil servants on how the ...
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Foreign investment inflow into Nigeria drops to $908m
Ifeanyi Onuba, Abuja The Nigerian economy recorded its second lowest investment inflow in 10 years, with the country attracting a total investment of $908.27m in the first quarter of 2017. The $908.27m investment figure, when compared to the $1.55bn that the economy attracted in the fourth quarter of 2016, represents ...
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Prayer, fast not enough to move Nigeria forward, says Osinbajo
Olalekan Adetayo and Ifeanyi Onuba, Abuja The Acting President, Yemi Osinbajo, on Wednesday, said no amount of prayer and fast by Nigerians could move the nation forward without hard work. Osinbajo said as a pastor himself, he understood the law of sowing and reaping and knew the implication of leaving ...
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Leveraging On ICT For Economic Diversification
by Nkechi Isaac, The diversification of the Nigeria economy has become imperative in the face of dwindling revenue from the oil sector. Stakeholders in the Information and Communication Technology (ICT) sector posits that the sector provides a veritable option for diversifying the nation’s economy because it has the added advantage ...
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CBN Unveils 36 Items Approves for Forex
By OLAJIDE FABAMISE, The Central Bank of Nigeria (CBN) has come out with 36 items considered valid for foreign exchange access. In a circular dated May 17, 2017, signed by the director, Trade and Exchange Department of CBN, W. D. Gotring, the bank said it was in response to the ...
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LUTH workers stage one day protest over poor working conditions
Workers of Lagos University Teaching Hospital, Idi-Araba, on Wednesday, staged a one-day peaceful protest demanding for improved condition of service and tools. The workers are asking the management of the hospital to address their promotion arrears, shortage of staff and other rights. The workers said the protest followed a directive ...
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Igbo have invested more in Nigeria than Hausa, Yoruba – Iwuanyanwu
Chidiebube Okeoma, Owerri Eminent businessman and politician, Emmanuel Iwuanyanwu, on Wednesday said that the Igbo do not want to secede from Nigeria. Speaking as a special guest of honour at a National Unity summit organised by Arewa Ambassadors Congress of Nigeria in partnership with Youth Assembly of Nigeria, Iwuanyanwu said ...
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Settle with Blackface publicly, Zakky Azzay begs 2Baba
The veteran Northern-Nigeria Musician, Zakky Azzay, has pleaded with Innocent Idibia, a.k.a 2Baba to settle his Plantashun Boiz partner, Blackface, even if it has to be done openly. He said this in an interview with Hiptv while responding to the long time rift between them. He said, “If I am ...
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Oil marketer jailed 21 years for stabbing partner to death
Justice Raliat Adebiyi of the Lagos High Court, Ikeja, on Wednesday sentenced an oil marketer, Abubakar Samaila, to 21 years imprisonment for stabbing his partner, Sanni Mohammed, to death. Samaila, 23, was arraigned on a one count charge of murder by the state government. The prosecutor, Mrs. Bukola Akani, said ...
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Commissioner hails FG/WSSCC sanitation, hygiene programme
The Cross River Government has applauded the Federal Government’s efforts at scaling up sanitation in the state. The state’s Commissioner for Water Resources, Mr. Gabe Odu, lauded the government in an interview with the News Agency of Nigeria (NAN) in Abuja. He said the Federal Government’s Rural Sanitation and Hygiene ...
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Nigeria: Kano Attracts $200 Million Foreign Investments in 2 Years
[Leadership] Kano -Kano State governor, Abdullahi Umar Ganduje, said yesterday that the state government under his watch has attracted $200 million foreign investments and expended over N3 billion in building shops to boost trade and business activities in the state in the last 2 years.
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CBN to sell dollars to clear demand backlog
Oyetunji Abioye The Central Bank of Nigeria is planning to sell an undisclosed amount of dollars to settle a backlog of foreign exchange demand for airlines, fuel and raw material importers. Foreign exchange traders said the CBN had asked commercial banks to submit bids for dollars to cover the previously ...
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Nigeria’s debt to climb to 24.1% of GDP by 2018 – IMF
Everest Amaefule, Abuja Nigeria’s indebtedness will climb to 24.1 per cent of its Gross Domestic Product by 2018, the International Monetary Fund has said. The IMF, which stated this in its World Economic and Financial Surveys, also projected that by the end of 2017, the country’s current indebtedness would have ...
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About Nigeria’s crony capitalism
Lekan Sote The friend, whose theory is that dollars stolen from crude oil sales – fake or over-invoiced importation of petroleum products – and kept out of circulation, thereby significantly diminishing the foreign exchange available to Nigerians, has another theory. He says that crony capitalism, thriving on state-sponsored scarcity, caused ...
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Nigeria’s GDP contracts by -0.52 %
• Presidency: Economy exiting recession Nigeria’s Gross Domestic Product (GDP) contracted by -0.52 per cent (year-on-year) in real terms in the first quarter of 2017, a report by the National Bureau of Statistics (NBS), has indicated. The NBS report, tagged, ‘Nigerian Gross Domestic Product Report for first quarter 2017’ released ...
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I’ll ‘walk’ if Nigeria continues oil import in 2019, Kachikwu vows
Tope Omogbolagun The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said he would resign if Nigeria continues to import oil by 2019. Kachikwu said this in an interview on BBC’s programme, Hardtalk, with Stephen Sackur on Monday (today). As part of the BBC’s Trading Fortunes season focusing on global trade, Sackur had ...