Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Wike Alleges Political Witch-Hunt Against Nigerian Judges
BY ANAYO ONUKWUGHA, PORT HARCOURT Rivers State Governor, Chief Ezebunwo Nyesom Wike, has described as political witch-hunt the recent arrest and detention of some judges in Nigeria, even before allegations against them are investigated. He said Nigeria must find better ways of fighting judicial and other corruptions in the country ...
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Nigeria: Opera to Invest $100 Million in Africa's Digital Economy, $30 Million in Nigeria
[Vanguard] The developer of popular mobile browser, Opera, has made public its plan to invest $100 million, the equivalent of N30 billion, over the next two years to facilitate the growth of Africa's digital economy.
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Poor FG’s ideas led Nigeria into recession, says Soludo
Tony Okafor, Awka A former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, on Thursday said poor ideas by the Federal Government’s policy makers caused the economic downturn in the country. He added that fixing the nation’s economy was not rocket science. Soludo’s position was contained in a ...
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NHIC bill: Proposed commission should be regulatory, say HMOs
Niyi Odebode and Leke Baiyewu The Health and Managed Care Association of Nigeria has said the proposed National Health Insurance Commission should strictly be a regulator. The Public Secretary of HMCAN, Mr. Lekan Ewenla, and a member of the association, Mr. Sadiq Kura, stated this at a press conference in ...
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Osinbajo signs three executive orders to boost economy
Acting President Yemi Osinbajo yesterday signed three executive orders that will significantly change some of the ways government business and operations are conducted. The executive orders were issued “in exercise of the presidential authorities vested in the Executive arm of government”. Specifically, Prof. Osinbajo signed three executive orders giving specific ...
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Why Nigeria is in recession, by Soludo
Former Central Bank of Nigeria (CBN) Governor, Prof. Chukwma Soludo, has blamed ‘unprecedented borrowing’ during ‘unprecedented boom in oil prices’ by the last administration as one of the reasons the nation slipped into avoidable economic recession. Soludo also lamented that instead of spending money to oil the engine of the ...
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Osinbajo signs three executive orders
Olalekan Adetayo, Abuja The Acting President, Yemi Osinbajo, on Thursday signed three executive orders that will change some of the ways government business and operations are conducted in the country forthwith. According to a statement by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, the Acting President signed ...
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Start 2018 budget process early, FG advised
Lead Partner, BudgIT, Mr. Oluseun Onigbinde, has called on the Federal Government to begin early the process of the 2018 budget, to avoid delay in its implementation. Onigbinde gave the advice in an interview with the News Agency of Nigeria in Abuja on Thursday. BudgIT is a civil society organisation that advocates ...
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Nigeria: Govt Provides Details of Social Investments Programmes
[Vanguard] Abuja -The presidency, yesterday, provided details of the government's four social investments programmes.
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Nigeria: Presidency Provides Details of Buhari's Social Investment Programmes
[Premium Times] The presidency on Tuesday provided details of the government's four social investments programmes.
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Nigeria: Special Feature - Global Investment Destination: Why Nigeria Deserves a Fresh Look
[Premium Times] The World Free Zones Convention held last month in Doha, Qatar, provided a platform to focus on country attractiveness to investment capital based on the Ease of Doing Business index, a World Bank-created measurement for ease of market entry and operations on country by country basis. Nigeria has ...
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Thailand aids efforts to pressure Nigeria on curbs
Thailand has teamed up with the European Union, the US, Norway and Japan to pressure Nigeria to lift its foreign currency restrictions on 41 imports, saying Thailand's exports have felt the pinch from the move.
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FG working on 2,500 tips from whistle-blowers, says minister
Eniola Akinkuotu, Ifeanyi Onuba and Olaleye Aluko The Minister of Finance, Mrs. Kemi Adeosun, said the Federal Government had got more than 2,500 tips that could lead to loot recovery and blocking of leakages. Adeosun said this during a town hall meeting in Abuja in Tuesday where other ministers took ...
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Budgetary spending alone can’t address infrastructure deficit – Adeosun
Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said that the Federal Government could not address the country’s huge infrastructure deficit with budgetary allocations alone in the next 10 years. Adeosun stated this in Abuja at the 10th Africa Finance Corporation Summit, which was organised to ...
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FG spent $163.7m on pre-shipment agents without appropriation – Reps
John Ameh, Abuja Over $163.7m was spent to hire pre-shipment agents to monitor Nigeria’s oil and gas exports between 2009 and 2016, an investigation by the House of Representatives uncovered on Tuesday. The money was signed out by the Federal Ministry of Finance from a pool of funds domiciled in ...
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Foreign exchange beyond CBN
Lekan Sote lekansote@yahoo.com 08050220816 How far or how long the current Central Bank of Nigeria’s intervention in the foreign exchange market will last is a function of the petrodollar revenue of the Federal Government. The International Monetary Fund thinks the naira is overvalued by 10 to 20 per cent and ...
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Communities ask govt to honour LFTZ agreement
Samson Folarin Residents of Ibeju-Lekki area of Lagos State have called on the state government to give members of the community priority in opportunities at the Lekki Free Trade Zone (LFTZ). They also asked the government to expedite action on the Memorandum of Understanding it signed with them to enable ...
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Making a case for Nigeria’s new political economy
Politics and power struggle among different factions of the Nigerian elite have been the dominant drivers of public life since the country attained independence in 1960. Because of these factors the state structure has undergone several mutations to accommodate the insatiable appetite for power and political control among the elite. ...
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Babcock lecturer bags ICAN merit award
A Professor of Accounting and Finance, Babcock University, Rufus Akintoye, has been conferred with the 2017 Institute of Chartered Accountants of Nigeria’s Merit Award. A statement on Tuesday stated that the honour was conferred on Akintoye and others during the 2017 annual dinner and awards of ICAN in Lagos. In ...
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FG targets economy growth through export incentives
Oyetunji Abioye The Minister of Industry, Trade and Investment, Mr. Okechukwu Enelamah, says the Federal Government is planning to enhance economic growth by granting tax breaks and export incentives. According to him, a key Trade Facilitation Agreement signed by Nigeria and over 100 other countries with the World Trade Organisation ...
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Ngige charges NSITF to implement employee compensation law
The Minister of Labour and Employment, Senator Chris Ngige, has tasked the newly appointed executive management of the Nigeria Social Insurance Trust Fund to vigorously pursue the full implementation of the Employee Compensation Act. He encouraged the participation of both public and private sector employers in the implementation of the ...