Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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CBN Sells $100m To SMEs, Makes $100m Spot Wholesale
… May open window for dividend remittances The Central Bank of Nigeria (CBN) yesterday made spot sales totaling $100 million to interested Small and Medium Enterprises (SMEs) to importers of critical and eligible finished and semi-finished goods operators in the country through its newly opened Forex window for small scale ...
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Anti-corruption fight, a difficult one – Osinbajo
Olalekan Adetayo, Abuja Vice-President Yemi Osinbajo on Tuesday admitted that the present administration’s ongoing anti-corruption fight is a difficult one. According to a statement by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, the Vice-President spoke while receiving a delegation of the Nigerian Association of Law Teachers at ...
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$17bn stolen crude: FG prepares criminal charge against IOCs, says AGF
John Ameh, Abuja The Federal Government is considering the option of filing criminal charges against International Oil Companies implicated in the alleged export of $17bn worth of Nigeria’s undeclared crude and gas resources between 2011 and 2014. The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, disclosed ...
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Abia to establish 9,000-hectare free trade zone
Gov. Okezie Ikpeazu of Abia on Tuesday said that the state would establish a 9,000- hectare free trade zone at its boundary with Rivers. Ikpeazu made this known when Chief Olabitan Famutimi, the National President of Nigerian-American Chamber of Commerce (NACC), visited him in his guest house in Aba. Ikpeazu ...
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UNHCR says death risk from starvation in Horn of Africa, Yemen, Nigeria growing, displacement already rising
Source: UN High Commissioner for Refugees Country: Djibouti, Ethiopia, Kenya, Nigeria, Rwanda, Somalia, South Sudan, United Republic of Tanzania, YemenThis warning is in light of droughts that are also affecting many neighbouring countries and a funding shortfall so severe that an avoidable humanitarian crisis in the region, possibly worse than that ...
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Lake Chad Basin: a crisis rooted in hunger, poverty and lack of rural development
Source: Food and Agriculture Organization of the United Nations Country: Cameroon, Chad, Niger, NigeriaLake Chad lost some 90 percent of its water mass with devastating consequences on the food security and livelihoods of people depending on fishing and irrigation-based activities.FAO Director-General calls for critical investments in agriculture and addressing climate change 11 ...
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NUT Tasks State Govts On Funding Of Primary Education
Mr Ikpe Obong, the Secretary General, Nigeria Union of Teachers (NUT), has appealed to state governments to pay adequate attention to funding of primary education in the country. Obong told the News Agency of Nigeria (NAN) on Tuesday in Abuja that management of primary schools was purely the duty of ...
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CBN Opens Forex Window For SMEs, Sells $141m
The Central Bank of Nigeria (CBN) has opened a special Forex window for Small and Medium Enterprises (SMEs) to enable SMEs import eligible finished and semi-finished items not exceeding $20,000 for an enterprise per quarter. Acting Director, Corporate Communication of the CBN, Isaac Okorafor, in a statement yesterday said the ...
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MAN, Shippers’ Council Collaborate To Reflate Economy
The numerous accolades and attestations conferred on Nigeria Shippers’ Council (NSC) by various organizations allude to the general perception that the Council is a change agent. Last year, when the World Bank officials visited the Council headquarters at Apapa, they were astonished by the outstanding road map/service developed by the ...
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Turkiye Diyanet: Legacy Of Lending Helping Hands, Supporting Indigents
Over the last two years, Turkey’s intervention in Nigeria – education, economy, health etc – rose to dizzying heights, long before the entrenchment of the current brouhaha about what is true and what is not, since the coup d’etat which threatened that country’s unity. This intervention has come in a ...
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Man, 28, Remanded In Prison For Drug Trafficking
A Federal High Court in Abuja, has remanded a 28-year-old man, Mikel Awuge, in prison for allegedly trafficking 200 grammes of Indian hemp. Awuge, who was arraigned on Monday by the National Drug Law Enforcement Agency (NDLEA), is standing trial on a count charge, bordering on unlawful possession of narcotic ...
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Telecom Masts, Towers Constitute No Health Hazards – NCC
The Nigerian Communications Commission (NCC) says there is no health issue surrounding telecom masts and towers mounted anywhere in the country. The Executive Vice-Chairman of NCC, Prof. Umar Danbatta, said this in a statement issued at the ongoing 2017 Enugu International Trade Fair on Monday. Danbatta said that such belief ...
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NUJ,Civil Society To Train Hajj Information Managers
Nigeria Union of Journalists Kaduna State Council is organising a retreat on information system and media reportage for hajj information managers in partnership with the Independent Hajj Reporters. In a statement signed by the Chairman of NUJ, Kaduna State council, Comrade Adamu Yusuf, and the National Coordinator of Independent Hajj ...
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Medical Directors Guild Solicits Partnership To Fight Meningitis
The Guild of Medical Directors has solicited a realistic collaboration of the private sector in the fight against Cerebro Spinal Meningitis (CSM) epidemic in some states. Dr Chito Nwana, the FCT Chapter Chairman of the guild, made the call on Monday at news conference in Abuja. “The health sector is ...
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Lagos to inject N1bn into mortgage bank
Ozioma Ubabukoh The Lagos State Government has agreed to inject the sum of N1bn into the Lagos Building Investment Company for it to meet the minimum capital required by the law to remain in operation as a primary mortgage bank. The Managing Director and Chief Executive Officer, LBIC, Folasade Folivi, ...
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Buhari extols Dangote’s virtues at 60
Olalekan Adetayo, Abuja President Muhammadu Buhari on Sunday congratulated businessman and philanthropist, Alhaji Aliko Dangote, on his 60th birthday. According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President joined the business world, Dangote’s friends and family in congratulating “the Forbes-rated richest African ...
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NIA to enforce market discipline
Nike Popoola The Nigerian Insurers Association has said it will enforce market discipline among its members and ensure the attainment of other goals. The Chairman, NIA, Mr. Eddie Efekoha, said this in Lagos during a retreat for chief executive officers of insurance companies. “Recall that on my election as the ...
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CBN to sustain forex intervention, releases fresh $418m
Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Sunday vowed to sustain its intervention in the foreign exchange market to ensure liquidity in that segment of the financial sector. The Acting Director, Corporate Communications, CBN, Mr. Isaac Okorafor, stated this in a statement issued in Abuja. He said as ...
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My belief in Nigerian economy unshaken – Dangote
The President, Dangote Group, Aliko Dangote, has said his belief in Nigeria economic potential remains unshaken just as President Muhammadu Buhari has felicitated with Africa’s richest man and philanthropist on his 60th birthday today (Monday). The business mogul told a group of businessmen in his office in Lagos that his ...
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Ambode kick-starts Lagos@50, pledges support for entrepreneurship
Afeez Hanafi The Lagos State Governor, Akinwunmi Ambode, has commenced the Lagos@50 celebrations with a movie premiere, ‘Wakaa The Musical’, assuring youths of the government’s resolve to boost the state economy through support for entrepreneurship. He said the government would provide an enabling environment and make policies that would enhance ...
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Mercedes-Benz introduces Accelo
Mercedes-Benz has launched a new medium duty truck for city and short distance operations. The all-new Accelo 915C is the first Mercedes-Benz compact truck. According to Weststar Associates Limited, authorised distributors of Mercedes-Benz commercial and passenger vehicles in Nigeria, the Accelo was unveiled due to the growing demand by various ...