Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Group demands probe of Boko Haram video
Friday Olokor, Jos A pressure group under the aegis of Save Humanity Advocacy Centre, has expressed concern over what it described as the promotion of a purported Boko Haram Commander, Shuaibu Moni, who is said to be one of the prisoners of the Boko Haram sect recently swapped for the ...
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NDIC, Rumours And Integrity
LEADERSHIP EDITORS The Nigeria Deposit Insurance Corporation’s (NDIC’s) call on members of the public to ignore rumours of financial distress in some banks, based on past experience, should give depositors real cold comfort. It claims that those rumours, already in the social media, were deliberate acts of mischief intended to ...
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N139bn budget: Plateau gov demands strict financial discipline
Friday Olokor, Jos Plateau State Governor, Simon Lalong, has promised to embark on strict financial discipline, block leakages and engender aggressive mobilisation and mopping-up of all funds accruable to the state. Expressing the view while signing into law the 2017 budget for the state, estimated at N139bn, he said that ...
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Govt bans MDAs from conducting business with unregistered firms
Ifeanyi Onuba, Abuja The Federal Government on Friday banned ministries, departments and agencies from transacting business with companies and other corporate bodies that are not duly registered by the Corporate Affairs Commission. A circular issued by the Office of the Secretary to the Government of the Federation said that the ...
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Over 120 S’African companies in Nigeria, says FG
Eniola Akinkuotu, Abuja The Federal Government has said there are over 120 South African companies doing business in Nigeria. It, therefore, stated that there was a need for Nigeria and South Africa to improve on their relationship, which had been tainted by reports of xenophobic attacks in South Africa. The ...
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Nigeria’s economy attracts N305bn investment in two months
Ifeanyi Onuba, Abuja Despite the challenges facing the country, the Nigerian economy attracted investments worth $1bn (about N305bn) in the first two months of this year. The Statistician-General of the Federation and Chief Executive, National Bureau of Statistics, Dr. Yemi Kale, confirmed this to our correspondent in an exclusive interview ...
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Lagos evicts retired PS, others from homes
…govt action inhuman – Victims Gbenro Adeoye A former Permanent Secretary, a former Surveyor General of Lagos State and seven other families of retired civil servants were on Friday forcibly evicted from the homes allocated to them by the government at the Alausa Quarters II, Central Business District, Ikeja. Residents ...
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Security guard on N25,000 salary steals N24.4m, threatens boss with whistle-blowing
Kunle Falayi On May 6, businessman and resident of Gwarimpa Housing Estate, FCT, Abuja, Benedict Emmanuel, noticed that a stack of foreign currency he kept in his house had disappeared. But little did he know that his good-natured security guard, 40-year-old Alfred Andrew, a Bauchi State indigene, had suddenly become ...
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Police recover rifle of missing cop, as family demands
Kunle Falayi Six months after Musa Sunday, an Inspector with the Lagos State Police Command went missing while on official duty, police authorities have recovered his rifle but not his body. This has become another reason for his distraught family to call on the police to intensify efforts to recover ...
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Nigeria: Govt Targets $35 Billion Remittances From Nigerians in Diaspora for Investments
[Daily Trust] The federal government have started a business development initiative aimed at attracting about $35 billion annual remittances from Nigerians in Diaspora for direct investments in Nigeria.
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Nigeria: Govt Woos Foreign Investors for Nigeria's ICT Sector, Smart Cities
[Guardian] The Federal Government says it is discussing with investors from Russia and other countries on the need to invest in the development of Information Communication Technology (ICT) infrastructure and smart cities in Nigeria.
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Navy hands over 100 bags of seized cannabis to NDLEA
The Nigerian Navy in Lagos on Friday handed over 100 bags of cannabis they impounded at Badagry creeks to the National Drug Law Enforcement Agency. Navy Commodore Maurice Eno, who handed over the substance to the agency, said the suspects abandoned their two fibre boats on sighting naval men at ...
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2017 budget’ll restore economy – Lawmaker
The 2017 Appropriation Bill passed by the National Assembly will galvanise economic growth and pull the country out of recession, Dr. Abubakar Amuda-Kannike, member House of Representatives, has said. The Oyo State, All Progressive Congress representative, made the statement today in Abuja, in an interview with the News Agency of ...
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Oando Share Price Surges, Declares N1.7bn PAT In Q1
By OLUSHOLA BELLO, Stocks hit a four-month high earlier this week, lifted by gains in Nigeria’s largest indigenous energy conglomerate, Oando PLC, and improved investor sentiment towards the country’s recession-hit economy. The stock market had gained N117 billion by Tuesday this week to extend a bullish eight-day run, while Oando ...
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LASG to fund disabled persons interested in SMEs
Sesan Olufowobi The Lagos State Government says the disbursement of funds to People Living with Disabilities, PLD, who are willing to go into Small scale and Medium Enterprises, will soon begin. The Commissioner for Youth and Social Development, Mrs. Uzamat Akinbile-Yusuf, stated this at the interactive quiz between students of ...
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NAFDAC gets N45m laboratory equipment from BoI
Anna Okon The Bank of Industry has donated High Powered Liquid Chromatography equipment worth over N45m to the National Agency for Food and Drug Administration and Control. While unveiling the equipment in Lagos, the development finance institution pointed out that the gesture was in line with its efforts to support ...
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NNPC chief executives sign performance bond with GMD
Okechukwu Nnodim, Abuja The chief operating officers of the five autonomous business units and two directorates of the Nigerian National Petroleum Corporation on Thursday signed a performance bond with the oil firm’s Group Managing Director, Dr. Maikanti Baru. According to the corporation, the exercise is part of measures aimed at ...
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2016 budget: N1.2tn released for capital projects
Ifeanyi Onuba, Abuja The Federal Government said it released a total of N1.2tn to finance capital projects as contained in the 2016 budget. The figure was released by the Ministry of Finance through a statement issued by the Director of Information, Salisu Dambatta. The N6.06tn 2016 budget, which closed on ...
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No bank is in distress, NDIC assures depositors
Ifeanyi Onuba, Abuja The Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation, Alhaji Umaru Ibrahim, has called on members of the public to ignore rumours being circulated through text messages and in the social media of financial distress in some banks. He stated that the aim of the messages was ...
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Suleman: Court awards N250,000 damages against DSS DG
Ovie Okpare, Warri A Federal High Court sitting in Asaba, Delta State, has asked the Department of State Services to tender an unreserved apology to the son of the South-South Chairman of the Christian Association of Nigeria, Mr Tareri Avwomakpa, over his illegal arrest by DSS operatives in February. Justice ...
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Nigeria Spends 40% of Foreign Exchange On Food Import
Due to penchant for imported products in the country, Nigeria spends 40 per cent of its foreign exchange annually on imported food, particularly rice, Acting President Yemi Osinbajo, has revealed. Speaking at the inaugural Micro, Small and Medium Enterprises (MSME) Clinic in Katsina on Thursday, Osinbajo lamented that in the ...