Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Why we hired foreign PR firm –Adeosun
Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday denied claims that she hired a foreign public relations firm for the sum of $2m (N800m). An online news portal had reported that she paid the firm, Africa Practice, the sum for media consultancy services. But in a ...
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APC governors: no law compels Buhari to chair FEC
It is not compulsory for President Muhammadu Buhari to preside over the weekly Federal Executive Council (FEC) meetings, the All Progressives Congress (APC) governors said yesterday. The states’ chief executives, under the auspices of the Progressives Governors’ Forum (PGF), spoke last night in Abuja after a meeting with members of ...
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Buhari to Jonathan: I allow the law to take its course
The Presidency yesterday denied that President Muhammadu Buhari was harassing members of former President Goodluck Jonathan’s family. Buhari spoke through his Special Adviser on Media and Publicity, Mr. Femi Adesina. He was reacting to the story, “Buhari’s govt harassing my family, says Jonathan” published in yesterday’s edition of The Nation. ...
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Power Generation: FG Partners ADB To Fund Coal Initiatives
As the Central Bank of Nigeria (CBN) continues its in its supply of dollars at the foreign exchange market at both the interbank and bureau de change end of the markets, the external reserves of the country has continued to rise, recording a 17.9 per cent increase compared to what ...
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Mixed Reactions Trail Cbn’s New Allocation To Smes
Small and Medium Enterprises (SMEs) operators are cheering and at the same time fretting over the foreign exchange window created for them by the Central Bank of Nigeria (CBN) to import critical raw materials and machinery. Statistics from CBN showed that about 90 per cent of manufacturing companies in ...
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Harnessing Nigeria’s Natural Gas
In his presentation at the 2017 Society of Petroleum Engineers (SPE) Annual Oloibiri Lecture Series and Energy Forum, president of Nigerian Gas Association (NGA), Engr. Dada Thomas, did note the importance of natural gas to the economy. He however raised the questions that border on how it has been able ...
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Governo concede licença ambiental para Porto de Santos
Treze anos após o início do processo, o governo concedeu licença ambiental para o Porto de Santos. A regularização foi dada por meio licença de operação, entregue nesta quarta-feira (26/4), pelo Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renováveis (Ibama).O diretor-presidente da Companhia Docas do Estado de São ...
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Africa loses over $50bn yearly to illicit financial flows – Adeosun
The Minister of Finance, Mrs Kemi Adeosun, says Africa loses over $50bn yearly to illicit financial flows through money laundering, corruption and tax evasion. Adeosun said this at the opening ceremony of a capacity building workshop on the use of beneficial ownership information and the recovery of assets in Africa ...
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Recession: Reps ask other states to learn from Lagos
As Nigeria gradually makes its way out of economic recession, the House of Representatives on Wednesday commended the Lagos State Government’s role, saying that the success story of the State was not only benefitting residents, but helping to get the nation’s economy back on the track. Chairman of the House ...
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Economía/Finanzas.- Alvarez (Santander) no ve una "necesidad perentoria" de fusiones bancarias en España
br /> MADRID, 26 (EUROPA PRESS) El consejero delegado de Santander, José Antonio Alvarez, ha afirmado que en estos momentos no ve una "necesidad perentoria" de fusiones en el sector bancario español, ya que no es algo "imprescindible".
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NDLEA arrests siren-blaring hemp traffickers in police uniforms
The National Drugs Law Enforcement Agency has arrested two suspected drug traffickers who posed as police officers in the Nasarawa area of Kano metropolis. The Kano State Commandant of NDLEA, Alhaji Hamza Umar, told newsmen in Kano on Tuesday the suspects were arrested in a brand new escort vehicle with ...
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Slovak mission supports disabled community
Adelani Adepegba, Abuja The Slovak High Commission has supported the community-based Social Health Insurance Scheme for the Karamajiji disabled colony in the Federal Capital Territory with €10,000 (about N5million). The mission said it was committing the money to the health project for the beneficiaries, including N1.8m health insurance premium for ...
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W’Bank to mobilise funds for Nigeria’s power sector
Everest Amaefule, Abuja The World Bank Group has said that it will deploy a full range of instruments to mobilise investments to resolve Nigeria’s energy crisis. The Director of Operations at the Multilateral Investment Guarantee Agency, an arm of the World Bank Group, Sarvesh Suri, said this after a team ...
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Nigeria’ll be out of recession by third quarter – Emefiele
Leke Baiyewu, Abuja The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said that with the current efforts by the Federal Government to revive the country’s economy, the country should be out of recession by the third quarter of this year. Emefiele also said the CBN would ...
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Brazilians arrested for importing N310m canned cocaine
Afeez Hanafi Operatives of the National Drug Law Enforcement Agency at the Murtala Muhammed International Airport, Lagos State, have apprehended two Brazilians for unlawful importation of cocaine. The suspects, who claimed to be tourists, had allegedly smuggled the drug weighing 23.9 kilogrammes in sealed cans into the country. PUNCH Metro ...
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CBN: Nigeria will exit recession in Q3
• Foreign reserve now $31b Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, yesterday said the country will be completely out of recession in second or first half of the third quarter (Q3). Emefiele spoke after emerging from a closed session with Senate President, Abubakar Bukola Saraki, in Abuja. The ...
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SGF faces Osinbajo panel over contracts
IT was the turn of the suspended Secretary to the Government of the Federation (SGF), Babachir David Lawal, to face the three-man panel headed by Vice President Yemi Osinbajo yesterday. He was quizzed for about two hours by the committee was set up to investigate allegations of violations of law ...
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Govt’s industrial centres coming
The Federal Government is set to establish Satellite Industrial Centres (SICs) across the six geo-political zones of the country. The establishment of these industrial centre, which will be anchored by the Nigeria Export Processing Zones Authority (NEPZA), is expected to commence immediately after the passage of the 2017 budget. Managing ...
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Transcorp Reports N290m Profit In Q1
Transnational Corporation of Nigeria (Transcorp) Plc has reported a growth of 24 per cent in its profit after tax for the first quarter ended March 31, 2017. The result raised investors’ hope of reaping from their investments soon as increased earnings and result oriented earnings diversification keep yielding positive results. ...
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Digital Economy: Nigeria Targets 3m Jobs, $88bn Investments
The federal government hinted yesterday that financial services within Nigeria’s digital economy will create over 3 million new jobs and add $88 billion asset to the nation’s economy over the next 10 years. This was disclosed at the meeting of ministers of developing countries under the auspices of Friends of ...
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Kano Censors Board To Improve Film Business
In its bid to enhance the business of Hausa films through cinemas across the Sub-Saharan countries, the Kano State Censorship Board (KSCB) has organised an interactive workshop for filmmakers and stakeholders in Kano recently, to enlighten stakeholders and practitioners on how to boost the commercial activities of the industry. Addressing ...