Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
-
Nigeria dollar scarcity to persist till 2018 – Moody’s
Bayo Akinloye Despite the Central Bank of Nigeria’s efforts to strengthen the value of the naira against the dollar, Moody’s Investors Service has said foreign currency shortages will remain in the country till 2018. This was stated in a report, ‘Foreign-currency shortages are subsiding but will take time to overcome’, ...
-
Why most Nigerian companies are controlled by foreigners —Ex-Odu’a Investment chair Akintade
Chief Isaac Akintade is the immediate past Chairman of Odu’a Investment Company. The owner of a chain of businesses before he was appointed the chair of Odu’a Group spoke with GBENGA ADERANTI about his tenure as the chairman of Odu’a Investment Company, the challenges he faced managing the conglomerate, the ...
-
IITA donates 35,930 kilograms of seeds to Nigeria to address humanitarian crisis
Source: Consortium of International Agricultural Research Centers, International Institute of Tropical Agriculture Country: NigeriaThe donation of improved varieties of cowpea, soybean, maize, millet, sorghum, and rice to the Borno state government is part of ongoing humanitarian efforts in northeast Nigeria.Borno, Nigeria - The International Institute of Tropical Agriculture (IITA) today donated ...
-
Nigeria to earn $296,143 dividend from Islamic bank
Ifeanyi Onuba, Abuja The Federal Government is to receive $296,143 as dividend from the profit earned by the Islamic Development Bank for the 2016 financial period. The development was confirmed in a statement issued on Sunday by the Director of Information in the Ministry of Finance, Salisu Dambatta. Nigeria is ...
-
Demand for toads rises in Jigawa
Toad sellers are recording high sales in Hadejia, Jigawa, due to the growing demand of the aquatic animal, the News Agency of Nigeria, reports. The toad is a brown, tailless amphibian with a short stout body and short legs, typically having dry warty skin. Not a popular delicacy in the ...
-
PDP factions trade insults as Supreme Court hears appeal today
John Alechenu, Fidelis Soriwei and Ade Adesomoju , Abuja The National Chairman of the Peoples Democratic Party, Senator Ali Modu Sheriff, has said the Supreme Court should not hear an appeal filed by the sacked National Caretaker Committee of the party led by Senator Ahmed Makarfi. Although, hearing in the ...
-
Sanusi advises Ganduje on education, economy
Ted Odogwu, Kano The Emir of Kano, Alhaji Muhammadu Sanusi II, on Sunday in Kano counselled the state government to focus more attention on the education sector, stressing that a knowledge-based economy is the key to development. “Education holds the key to our development. We must continue to give priority ...
-
NAPTIP hunts Europe-based trafficking barons
Olaleye Aluko, Abuja The National Agency for the Prohibition of Trafficking in Persons and other related matters says it has called for the arrest and prosecution of some foreign-based human trafficking syndicates. The Director-General of the agency, Julie Okah-Donli, said this while hosting the Spanish Embassy in her office, adding ...
-
CBN seeks rates convergence as MPC meets
Today’s Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) meeting will push for exchange rates convergence and the shoring up of the naira’s value, it was learnt yesterday. MPC members are targeting how to ensure that the gap between official and parallel markets shrink further and engender confidence of ...
-
Osinbajo to explain Executive Orders
Acting President Yemi Osinbajo will explain how the Executive Orders he signed last week on boositing the economy will function when he meets on Wednesday with a cross-section of middle level and senior public and civil servants. Senior Special Assistant on Media to the acting President Laolu Akande said yesterday ...
-
‘Enact whistle blowers protection law’
While the Federal Government basks in the success of the whistle blowing policy, there is the urgent need to ensure that the programme is sustainable and that whistle blowers are guaranteed protection from intimidation, threat or victimisation through the passage of a Whistle Blowers Protection Law. Speaking at the weekend, ...
-
RenCap: economic stability returning to Nigeria
A financial management firm, Renaissance Capital, has said Nigeria’s economy is gradually returning to stability. The firm, which met with corporates across the banks, consumer and building materials space during its Eighth Annual Pan-Africa 1:1 Investor conference in Lagos between May 10 and 11, said return of stability to the economy ...
-
‘We’re partnering private sector in creating jobs’
The Lagos State Ministry of Wealth Creation and Employment was created by the Akinwunmi Ambode Administration to address unemployment as well as under-employment challenges. Its Commissioner Babatunde Durosinmi-Etti says the government will partner the private sector to solve these problems, reports Simeon Ebulu. The hue and cry of government’s desire ...
-
Season of ports’ strike
For three days last week, business activities at the nation’s sea ports were paralysed by strike. After the intervention of stakeholders in the maritime sector, the protesters issued a fresh 21-day ultimatum to the government to address the issues leading to the deplorable condition of the roads to the ports, ...
-
‘Banks’ deposit base not threatened by Savings Bond’
The Group Chief Finance Officer, United Bank for Africa Plc, Ugo Nwaghodoh, has said the Federal Government of Nigeria Savings Bond is not a threat to commercial banks’ deposit base, adding that the N2.067 billion raised in the maiden offer, does not threaten the deposit drive of commercial banks. “I ...
-
5 Banks Contribute N245.8bn To CBN’s Real Sector Support Facility
By KAYODE TOKEDE, Lagos In a move to towards increasing credit to priority sectors of the nation’s economy, Zenith Bank Plc, United Bank Plc and three other commercial banks invested N245.8 billion to Central Bank of Nigeria (CBN) Real Sector Support Facility (RSSF). The other three banks are Access Bank, ...
-
PIB to limit expatriates in oil sector – Senate panel
Leke Baiyewu, Abuja The Senate Joint Committee on Petroleum handling the Petroleum Industry Governance Bill has said the bill, when passed by the National Assembly and assented to by the President, will limit the services of foreigners in Nigeria’s petroleum sector. Chairman, Senate Committee on Petroleum (Upstream), Senator Tayo Alasoadura, ...
-
Shock as LASPOTECH student commits suicide •She’d been talking strangely lately – Victim’s mother
Afeez Hanafi The death of a 22-year-old student of the Lagos State Polytechnic, Isolo campus, Damilola Adegoke, in suspected suicide, has shocked her family and friends. They were worried about what could have prompted the National Diploma 1 student of Business Administration to commit suicide, saying she did not show ...
-
Transparency: Between Nigeria’s Yesterday And Today
By Philip Agbese Transparency International (TI) on Thursday released a report alleging that lack of transparency in defence spending is responsible for the continuous existence of Boko Haram and that some of the measures to be adopted are that no nation should sell arms to the country. The report, prepared ...
-
UN relief fund allocates $3.5 million for rapid response in Lake Chad region
Source: UN Office for the Coordination of Humanitarian Affairs Country: Cameroon, Chad, Niger, NigeriaThese funds will help provide vital humanitarian assistance to meet the needs of 40,000 people, largely former internally displaced people returning to their villages of origin. (N'djamena, 19 May 2017): The United Nations Under-Secretary-General for Humanitarian Affairs and Emergency ...
-
ICYMI: LASPOTECH student, Damilola Adegoke, commits suicide
A Lagos State Polytechnic’s student, Damilola Adegoke, reportedly committed suicide on Tuesday after drinking an insecticide, Sniper. The remains of Adegoke, a Business Administration student, was discovered by her mother when she came back home to find her daughter lying on the floor and the bottle of Sniper beside her. ...