Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Govt auditors charged on probity, efficiency
Folashade Adebayo A partner with Pricewater-houseCoopers, Mr. Cyril Asobu, has urged auditors in Lagos State to be transparent and accountable in the discharge of their duties. He also called on them to observe international best practices saying their competition was global. Asobu said this on Friday during a retreat with ...
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US Consulate, firm to train 102 entrepreneurs
Ife Ogunfuwa The United States of America Consulate General and the Field of Skills and Dreams Academy have partnered to train and mentor about 102 budding Nigerian entrepreneurs. At the Conference for Emerging Entrepreneurs in Lagos on Tuesday, the Consul General, John Bray, said that the young business people would ...
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Naira gains on fresh dollar supply, now 390/dollar
Oyetunji Abioye The naira recorded a gain against the United States dollar on the parallel market on Tuesday, a day after the Central Bank of Nigeria injected $240m into the foreign exchange market. The local unit rose from 395/dollar on Monday to 390/dollar on Tuesday as the new forex supply ...
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CBN’s entrepreneurship centres to the rescue
The Central Bank of Nigeria (CBN) established Entrepreneurship Development Centres (EDCs) to address rising youth unemployment through promotion and development of small enterprises. The Calabar, Cross River State EDC is already off to a good start, creating a new crop of budding entrepreneurs, who are contributing immensely to economic growth. ...
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UK law to expose Nigerian property, accounts owners
Fed Govt: no safe haven for corrupt officials Nigerians of “questionable characters” who own property in the United Kingdom (UK) were put on notice yesterday — they will soon be unmasked. A criminal finances bill that will introduce the concept of “Unexplained Wealth Orders” is in the works. It is ...
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Constitute Customs Board Immediately, Reps Tell Adeosun
The House of Representatives has urge the Minister of Finance, Mrs. Kemi Adeosun to urgently constitute the governing board for the Nigeria Customs Service. The House also resolved to forward it’s resolution to the Senate for concurrence, as it mandated it’s committee on Customs and Excise to ensure implementation and ...
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Ambode Seeks Partnership With Israel On Agric , Technology
Lagos State Governor, Mr. Akinwunmi Ambode on Monday expressed the readiness of the state government to tap into the agricultural expertise and technological advancement of Israel for the benefit of the state. Ambode who stated this when he received the Ambassador of State of Israel to Nigeria, Mr. Guy Feldman ...
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Suspend Automation Of Revenue Remittance By Airlines, AON Tells FG
The Airline Operators of Nigeria (AON) has called for the suspension of automation of revenue remittance by airlines to the Nigerian Civil Aviation Authority (NCAA) until the parameters that constitute the five per cent Ticket and Cargo Sales Charge are clearly and properly defined. AON Chairman, Capt. Nogie Meggison who ...
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FG Woos Technology Investors With Incentives
President Muhammadu Buhari has revealed the nation’s willingness to dish out incentives to technology investors to invest and commercialise Nigerian inventions and innovations. Speaking at the opening ceremony of the Technology and Innovation Expo with the theme; “Science, Technology and Innovation for Nigerians Economic Diversification”, in Abuja, President Buhari represented ...
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Forex Market: CBN Pumps $271m, BDCs Get $10,000 Each
The Central Bank of Nigeria (CBN) is pumping $271.47 million to banks and bureau de change operators (BDCs) in line with its determination to ensure foreign exchange liquidity for legitimate demand. This is following the release of $240 million to banks for wholesale and invisibles demand. Today, Tuesday, April 4, ...
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CBN directs banks to pay cash to forex users
Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Monday directed all banks to pay cash over-the-counter to desiring foreign exchange customers. The directive, according to the Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor, was issued to further ease the access of customers to foreign exchange. He said ...
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VoguePay gets Fintech start-up recognition
Ozioma Ubabukoh A secure payment gateway, VoguePay.com, has won the ‘Best Fintech Start-up’ at the sixth edition of the Cashless Africa Award, organised by Mobile Money Africa in Lagos and attended by stakeholders in the digital finance industry across Africa and other parts of the world. The Principal Associate of ...
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Imo kidnappers abduct businessman
Chidiebube Okeoma, Owerri A Lagos-based businessman, Benedict Kpaduwa, has been abducted by some gunmen at his hometown in Anara, in the Isiala Mbano Local Government Area of Imo State. Kpaduwa was a former Principal Manager, Finance and Accounts, at the defunct Power Holding Company of Nigeria. PUNCH Metro learnt the ...
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Govt warns against ISIS’ new recruitment strategy
The Federal Government yesterday urged parents and guardians to monitor their children and wards to prevent them from joining the Islamic State of Iraq and Syria (ISIS). It said that ISIS and other terror organisations target vulnerable individuals, including foreign students, using financial inducements to recruit them as members. Information, ...
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‘Customs responsible for 82% of ports charges’
• Over one million jobs created since concession The Nigerian Customs Service (NCS) and other government agencies account for the huge cost of doing business at the ports, Nigeria’s leading accounting firm, Akintola Williams Deloitte, has said. It stated this in an industry report titled: “Public Private Partnership (PPP) As an ...
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Economist backs IMF’s declaration on Economic Recovery Plan
An economist, Dr Aminu Usman says he is in support of declaration by the International Monetary Fund (IMF) that the recently released Economic Recovery and Growth Plan (ERGP) will resuscitate the country’s economy. Usman, a lecturer at the Department of Economics, Kaduna State University said this in an interview with ...
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‘Feed Nigeria Summit To Enhance Agricultural Productivity’
As part of efforts to promote economic recovery through the agriculture sector, chief executive officer, AgroNigeria, Mr. Richard-Mark Mbaram, has disclosed that Feed Nigeria Summit will enhance agricultural productivity and boost the economy across the country. The summit, organized by AgroNigeria with the theme, “Feed Nigeria to Feed Africa,” slated ...
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National GDP Growth Depends On Performance Of Public Service – Oyo-Ita
Mrs Winifred Oyo-Ita, Head of Civil Service of the Federation, says the growth of a nation’s Gross Domestic Product (GDP) depends on the output of its public service. Oyo-Ita said this in Abuja on Monday, while signing a Memorandum of Understanding (MoU) with the Africa Initiative for Governance (AIG), an ...
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CBN directs banks to pay cash to forex users, injects $240m into market
Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Monday directed all banks to pay cash over-the-counter to desiring foreign exchange customers. The directive, according to the Acting Director, Corporate Communications Department, CBN, Mr Isaac Okoroafor, was issued to further ease the access of customers to foreign exchange. He said ...
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FG alerts Nigerians to ISIS’ new recruitment strategy
Olusola Fabiyi, Abuja The Federal Government on Monday in Abuja, urged parents and guardians to monitor the activities of their children and wards in order to prevent them from being recruited by the Islamic State of Iraq and Syria. It said that the terrorist organisation was now targeting vulnerable individuals, ...
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47-year-old man rapes, impregnates 16-year-old sister-in-law
A 47-year-old man, Magaji Mohammed, who allegedly impregnated his sister in-law through rape, was on Monday brought before an Ikeja Chief Magistrates’ Court. The accused, a driver who resides at 18, Atobaje St., Agege, a suburb of Lagos, is facing a two-count charge bordering on rape. The prosecutor, Inspector Clifford ...