Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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[BREAKING] Using new passport? You need NDLEA backing to obtain visa
Nigerians with new passports seeking to travel to Indonesia will need to present a certificate of recommendation from the National Drug Law Enforcement Agency, among other documents, to process their visas. Indonesian Ambassador to Nigeria, Harry Purwanto, who told the News Agency of Nigeria in Abuja on Monday, said the new ...
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Naira Down 8% As Investors Seek Dollars For Investment Repatriation
The value of the Naira nosedived last week at the parallel market, despite the continuous injection of Dollars at the official end of the foreign exchange market by the Central Bank of Nigeria (CBN). The Naira which had gained a substantial 30 per cent since the CBN’s efforts at boosting ...
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Illegal Detention: CAN Writes DSS, Demands Apology For Dogonyaro, Lemo, Others
The Christian Association of Nigeria has demanded that the Department of State Services should tender a written apology to four members, Board Trustees of CAN Trustfund who were detained on the orders of its director-general. The director of Legal and Public Affairs in CAN, Kwamkur Samuel, in a protest letter ...
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CBN Vows To Sustain Forex Liquidity
The Central Bank of Nigeria (CBN) yesterday reiterated its determination to sustain the provision of foreign exchange with a view to ensuring liquidity in the market and enhance accessibility and affordability for genuine end users. The apex bank’s acting director, Corporate Communications, Mr Isaac Okorafor in a statement on Sunday ...
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External Reserves Gain $4.45bn In 2017 Q1
Nigeria’s foreign reserves appreciated by $4.45 billion in the first three months (Q1) of 2017 as the Central Bank of Nigeria (CBN) sustained pressure in bridging the gap between official foreign exchange and parallel market rates. Statistics on the CBN website at the weekend revealed that the foreign exchange reserves ...
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Nigeria’s debt burden to hit N19.3tn by December
Analysts have cautioned the government against plunging the nation into another debt trap, even as there are plans to raise funds from external sources to finance critical infrastructure, IFEANYI ONUBA writes If the federal and state governments continue to rely heavily on debt instruments for the financing of the country’s ...
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CAN demands apology from DSS for detaining Lemo, others
Friday Olokor, Abuja The Christian Association of Nigeria has demanded that the Department of State Services should tender a written apology to four members of its Board of Trustees. The Director of Legal and Public Affairs, CAN, Kwamkur Samuel, in a protest letter to the DG of DSS, obtained on ...
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CBN moves to boost naira, injects more dollars
Oyetunji Abioye Barely three days after the naira weakened against the United States dollar, the Central Bank of Nigeria is set to boost the local unit with the injection of more dollars into the foreign exchange market this week. The CBN, it was learnt, was planning to increase dollar supply ...
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CBN warns bank CEOs over forex
Bank chiefs caught frustrating efforts by the Central Bank of Nigeria (CBN) at getting more dollars to end-users risk severe punishment, the apex bank warned yesterday. The warning came on the backdrop of reports that lenders are setting difficult hurdles for foreign exchange (forex) end-users wanting to make purchases for ...
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Soft poison?
•The Fanta and Sprite controversies are a hint of how regulators fail when companies are negligent If Nigerian businessman, Mr. Fijabi Adebo’s, attempt to export soft drinks manufactured and sold to him by the Nigeria Bottling Company (NBC), to the United Kingdom in 2007 had not hit a brick wall ...
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NGO Empowers 500 Women With Skills In Kaduna
A Non Government Organization under the auspices of ‘Rigar Yanchi ‘ International Foundation for less privileged has trained 500 less privileged women in various trade and handicrafts that will make them entrepreneur and earn revenue to support their family. The national Chairman of the Foundation, Comrade Mustapha Haruna Khalifa speaking ...
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CBN Reiterates Determination To Sustain Foreign Exchange Liquidity
The Central Bank of Nigeria (CBN) on Sinday reiterated its determination to sustain the provision of foreign exchange with a view to ensuring liquidity in the market and enhance accessibility and affordability for genuine end users. The apex bank’s acting Director, Corporate Communications; Mr Isaac Okorafor in a statement on ...
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NIS boss tasks Officers on Strict Enforcement of New Immigration Regulations
The Comptroller-General of the Nigeria Immigration Service (NIS), Mr Muhammad Babandede, has charged officers and men of the Service to ensure strict enforcement of the new Immigration Regulations 2017. Babandede gave the charge on Sunday in Abuja at workshop for senior officers of the Service on the implementation of the ...
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Like success, failure is a journey— Akindele
Dr. Bola Akindele is the Founder/Group Managing Director of Courteville Business Solutions Plc. He shares some of his entrepreneurial milestones with TOBI AWORINDE Can you share a bit of your educational background? I had my elementary and post-elementary school education in Lagos. My secondary school was Ansar-Ud-Deen College, Isolo, where ...
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CBN to sustain foreign exchange liquidity
The Central Bank of Nigeria on Sunday reiterated its determination to sustain the provision of foreign exchange with a view to ensuring liquidity in the market and enhance accessibility and affordability for genuine end users. The apex bank’s acting Director, Corporate Communications, Mr. Isaac Okorafor in a statement said the ...
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CBN to sustain forex intervention
The Central Bank of Nigeria (CBN) on Sunday reiterated its determination to sustain the provision of foreign exchange with a view to ensuring liquidity in the market and enhance accessibility and affordability for genuine end users. The apex bank’s acting Director, Corporate Communications; Mr Isaac Okorafor in a statement on ...
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FOREX: CBN Set To Inject More Dollars
There are strong indications that the Central Bank of Nigeria (CBN) is again set to further inject more funds into the foreign exchange market with a view to ensuring liquidity in the interbank market and leading to a further depreciation of the dollar early this week. This is in addition ...
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Meningitis cases soar across five states in Nigeria
Source: Government of Nigeria Country: NigeriaNigeria Centre for Disease Control is leading a multi-agency response team, which includes representatives from WHO, UNICEF, USCDC and MSF, trying to control the outbreak.Public health agencies in Nigeria led by the Nigeria Centre for Disease Control (NCDC) and the National Primary Health Care Development ...
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Humanity and the sins of Ambode
Ayo Sogunro Sometime last week, the Norwegian Ambassador to Nigeria visited the rarely remarked Otodo Gbame, a fishing settlement at the Lagos waterfronts. This foreign leader had gone there to assess what has become an emerging refugee crisis in the Otodo Gbame community and to offer them his encouragement. When ...
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Nigeria loses N127bn annually to Internet fraud
Ozioma Ubabukoh Nigeria is losing over N127bn yearly to cases of Internet frauds across all sectors of the economy, the Minister of Communications, Mr. Adebayo Shittu, has said. The minister stated this in a document he made available to our correspondent on Friday, adding that majority of the frauds were ...
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Retelling the story of Lagos National Stadium
IDRIS ADESINA reports that night business inside the National Stadium, Lagos, has experienced a boom while the sporting facilities have continued to decay in the arena once regarded as one of Africa’s best It is no longer news that the National Stadium, Surulere, Lagos, once the pride of the nation, ...