Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Investors wary of power sector investment
Aside from gas shortage, private investors are scared of firming up their relationship with operators in the power sector, it was gathered at the weekend. It was learnt that many private investors expressed reservation about getting Returns On Investments due to the poor operating environment.As a result, they are not ...
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Customs restricts rice import in free trade zones
Nigeria Customs Service (NCS) Comptroller-General,Col. Hameed Ali (retd), has restricted rice import in trade free zones. Public Relations Officer of the service, Mr. Joseph Attah, made this known to reporters in Abuja at the weekend. He said the restriction became necessary because some operators were taking undue advantage of the ...
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‘Concession skewed in concessionaires’ favour’
Can the Nigerian Ports Authority (NPA) dominate maritime business in Africa? Yes, says its Chairman, Mr Emmanuel Adesoye whose aim is to make the authority one of the best in the world. To achieve this, the board has introduced some innovations and reforms, such as review of concession agreement and ...
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Exporting Wealth, Importing Poverty Won’t Help Nigeria’s Economy – NEPZA MD
Mr Gbenga Kuye is the managing director, Nigeria Export Processing Zones Authority (NEPZA). In this interview with KINGSLEY ALU, he discusses how the export processing zones are being repositioned to drive the economic diversification agenda of the federal government, the achievements, operational challenges and lots more. Looking at the goals ...
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Kicking Off Support For Agric SMEs
The Central Bank of Nigeria (CBN) recently released the guidelines for the Agricultural Small/Medium Enterprises Investment Scheme (AGSMIES) an initiative of the Bankers Committee to ensure that more funding goes to small businesses particularly in the agriculture sector in an effort to help restore the Nigerian economy. Last year at ...
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PMB’s Foreign Trips Yielding Positive Results — Onyeama
The minister of Foreign Affairs, Mr Geoffrey Onyeama, has said that President Muhammadu Buhari’s foreign trips have started yielding positive results. Onyeama said at the News Agency of Nigeria’s (NAN) Forum in Abuja that the results were in the areas of the economy and national security. He said such visits ...
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CBN Sustains Dollar Supply To Forex Market With $418m
In its determination to ensure constant supply of foreign exchange liquidity in the market and strengthen the Naira against the Dollar, the Central Bank of Nigeria (CBN) on Friday 7th April 2017 auctioned the sum of $418 million at the retail-SMIS at a marginal rate of N310/$. The airlines, agriculture, ...
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Dangote At 60: My Belief In Nigeria’s Economic Potential Unshaken
As he clocks the diamond age of 60 today, the president of Dangote Group, Aliko Dangote, has said his belief in Nigeria economic potential remains unshaken. This is even as President Muhammadu Buhari has felicitated with the Africa’s renowned businessman and philanthropist on his 60th birthday. The business mogul and ...
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Xenophobia: Nigeria, South Africa set up early warning centre
Foreign Affairs Minister Geoffrey Onyeama says Nigeria and South Africa have set up a 24-hour early warning system to protect Nigerians from unwarranted attacks. Onyeama said at the News Agency of Nigeria Forum in Abuja that Federal Government was ready to intervene. He said, “Wherever any Nigerian is threatened or ...
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Nigeria’s economic recession slows growth in Chad, Niger – IMF
Ife Ogunfuwa Due to the intra-regional trade and remittance ties between Nigeria and neighbouring countries, the economies of the Chad and Niger had been significantly affected by the economic downturn in Nigeria, the International Monetary Fund has said. The IMF, in its latest staff report for the 2017 Article IV ...
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Xenophobia: Nigeria will not retaliate, says Onyeama
Nigeria will not retaliate against South Africa or any other country over xenophobic attacks by their nationals against Nigerians living in those countries. Foreign Affairs Minister Geoffrey Onyeama disclosed this on Sunday in Abuja. Nigerians living in South Africa have been attacked up to four times since Feb. 5, while ...
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Nigeria, EU plan agreement on repatriation
Nigeria and European Union are working to have an agreement that will facilitate the repatriation of Nigerians living illegally in EU countries. The Minister of Foreign Affairs, Mr. Geoffrey Onyeama, told the News Agency of Nigeria on Sunday in Abuja that the EU also sought to engage with the government ...
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Xenophobia: Nigeria, South Africa set up early warning centre
Foreign Affairs Minister Geoffrey Onyeama says Nigeria and South Africa have set up a 24-hour early warning system to protect Nigerians from unwarranted attacks. Onyeama said at the News Agency of Nigeria (NAN) Forum in Abuja that Federal Government was ready to intervene. “Wherever any Nigerian is threatened or in ...
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Kaduna: Reversing Underdevelopment For Investment Hub And Economic Prosperity
Recently, stakeholders including foreign and domestic investors have adopted a new paradigm shift to place Kaduna on the economic world map as an investment destination in Nigeria. With the crippled oil economy in the country, Kaduna state government wants to end dependence on the monthly federal allocation and addiction to ...
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NCRIB Warns Against Use Of Unregistered Insurance Brokers
The Nigerian Council of Registered Insurance Brokers(NCRIB) has warned the general public to desist from dealing with unregistered insurance brokers, saying, anybody underwriting their risks through these outlets, is doing so at his own risk. The president, NCRIB, Mr. Kayode Okunoren, who stated this at a quarterly media briefing of ...
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Petroleum Industry Act ‘ll Send Signal Of Stability To Investors – Ayoola
In this interview, with CHIKA IZUORA, Mr. Dapo Ayoola, Chief Executive Officer of the Sub-Saharan African Oil and Gas Conference and Exhibition speaks on the prospects, opportunities and sustainability of oil and gas business in Nigeria and Sub Saharan Africa. What is your assessment of Nigeria’s oil and gas sector ...
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Benefits of using Nigeria’s domain name, .ng
Having an online presence is a sure way to project your personal initiative or business to the world, be it nationally or internationally and at the core of this is a website that does the job of projecting the best of you online. Your website needs an address or a ...
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If your dream dies, dream again —Kato
In this interview with NIKE POPOOLA, the Chief Executive Officer/ Creative Director and founder, House of Christine Art and Designs, Christine Kato, 22, speaks on her passion for making unique bags What kind of business do you do in your firm? It is a Nigeria-based company, which designs and creates ...
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Sagay stings like a bee……
What irks our elder brother and former teacher, Itse Sagay, so grievously these days? A day hardly passes without the former Law teacher releasing a fearsome bazooka at some luckless foes or enemies of the people. The fear in cowering circles is that the elegant and patrician looking Warri nobleman ...
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Eko Atlantic City Of Towers Beckons
Lagos State government has repeatedly stated that its economic development agenda was anchored on three legs, to wit: infrastructural development, investment drive and promotion of arts and culture; all geared towards promoting social cohesion and creating employment opportunities. In this report GEORGE OKOJIE appraises steps taken so far by the ...
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Jibrin apologises to Buhari over resignation comment
Ted Odogwu, Kano The suspended member representing Kiru/Bebeji Federal constituency of Kano State at the House of Representatives, Abdulmumini Jibrin, has apologised to President Muhammadu Buhari over his recent comments. Jibrin, who was the Chairman, House Committee on Finance and Appropriation before he was suspended by the House over the ...