Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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South Africa: Investment Mission to Ghana, Nigeria a Success
[SAnews.gov.za] Pretoria -The South African companies that recently participated in a week-long trade and investment mission to Ghana and Nigeria have expressed satisfaction with the mission.
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I made my first million in the 90’s – Ali Baba
A renowned comedian, Ali Baba, has said that he started making his millions as a stand-up comedian in the late 90’s when the profession was still in its infancy in the country. Ali Baba said on Monday in Lagos that comedy business started paying off when people knew little about ...
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BREAKING: CBN introduces new FX rates
The Central Bank of Nigeria on Monday introduced new Forex rates and would no longer trade the naira at N375 per dollar for invisibles, such as school fees, medical bills and travel allowances. The regulator said Nigerians can now get the dollar at N360 across all commercial banks within the ...
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Bureaux de Change at risk as naira gains more muscle
Business seems bad for Bureaux De Change (BDCs) — no thanks to the naira’s new strength that has hit them with heavy losses. The naira has strengthened below N381 to the dollar, the rate at which BDCs buy International Money Transfer Operators (IMTOS) cash from the Central Bank of Nigeria ...
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Malta Developers Association, Minister Herrera meet quarry owners
The Malta Developers Association on Saturday committed to start immediate discussions on the long-term disposal of construction waste in a meeting it called for quarry owners in the presence of the Minister for Sustainable Development, the Environment and Climate Change José Herrera.Six people were appointed to represent the quarry owners ...
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Cuba dispone de 110 nuevos proyectos para inversión extranjera en turismo
El director general de Desarrollo e Inversiones del Ministerio del Turismo (Mintur) de la isla, José Daniel Alonso, explicó que entre las propuestas para estimular la entrada de capital foráneo destaca la introducción de los contratos de administración con financiación.
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Business: Global logistics company's initiative to offer SMEs training
Since its launch, the programme has been rolled out in Botswana, Zimbabwe, Ethiopia, Madagascar, Nigeria, and South Africa. Uganda, Mauritius, and Ghana will launch the programme before the end of this month.
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2016 budget: Capital releases to MDAs hit N1tn
Ifeanyi Onuba, Abuja The Federal Government has said that it has so for released N1tn to its Ministries, Department and Agencies for the implementation of the capital component of the 2016 budget. The Minister of Finance, Mrs. Kemi Adeosun, who disclosed the figure during a meeting with members of the ...
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Report blames Customs for high port charges
Akinpelu Dada A study by Nigeria’s leading accounting firm, Akintola Williams Deloitte, has blamed the high cost of doing business at the nation’s seaports on the Nigeria Customs Service and other government agencies, claiming that Customs processes are responsible for not less than 82.1 per cent of the charges incurred ...
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Drive insurance with technology, FG urges IT experts
The Minister of Communications, Adebayo Shittu, has urged Information and Communication Technology companies to develop solutions to drive insurance growth. He said this during an e-insurance conference organised by Pinet Communications in Lagos with the theme: ‘Driving insurance penetration with Information and Communication Technologies’. Shittu said, “In view of our ...
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ICAN plans partnership with NEM Insurance
The Lagos Mainland and District Society of the Institute of Chartered Accountants of Nigeria has concluded plans to visit some prisons, as part of its quest to bring succour to the needy in the district. The Chairman of the district, Chief Amobi Nwokafor, stated this plan during a courtesy visit ...
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Market Watch…for the week ended March 24, 2017
Local economy news The Central Bank of Nigeria’s Monetary Policy Committee met on the March 21 and 22 and voted to leave the benchmark interest rate, the Monetary Policy Rate, unchanged at 14 per cent despite moderation in annual inflationary pressure and moderation in financial system liquidity. The monetary authority ...
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Premium phablets
The PhonePad 3 phablet is now in Nigeria, and industry experts say that the device is made with the intention of facilitating business communications and productivity for its users on-the-go. “Currently the best 7-inch phablet, it has lots of upgrades in performance and design on the PhonePad 7E that was ...
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TAGEXPO woos Diaspora Nigerians to real estate investment
the organisers of Nigeria’s Real Estate Exhibition and Trade Show for its Diaspora, TAG EXPO, have concluded plans for the Houston Texas, United States of America and London, United Kingdom fairs that will give Nigerians in the Diaspora the opportunity to invest in properties back home. The Chairman, T.A.G Nigeria ...
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Fire Breaks Out At Women Centre, Abuja
Fire on Sunday broke out at the National Centre for Women Development adjacent to the Central Bank of Nigeria (CBN) in the Central Business District of Abuja. The General Manager (Facilities) of the centre, Alhaji Idris Madob, told the News Agency of Nigeria (NAN), that the inferno started at the ...
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Investments In Lekki Free Trade Zone Hits N100 Billion
Indication has emerged that investments into the Lekki Free Trade Zone (LFTZ) an emerging business hub in the Lagos axis of the State has risen to over N100billion in the last 10 years. The Chairman of Lekki Free Zone Development Company, Mr. Abiodun Dabiri who disclosed this at the weekend ...
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Why CBN can’t extend BVN to finance banks — Investigation
Ifeanyi Onuba The huge cost of implementing the Bank Verification Number policy for microfinance banks’ customers may delay the Central Bank of Nigeria from extending the exercise to the 978 MFBs in the country for now. Top officials in the banking sector confided in SUNDAY PUNCH that the BVN exercise ...
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Swiss prosecutor investigates Addax CEO over Nigeria operations
Geneva Prosecutor’s Office is investigating the Chief Executive Officer of Addax Petroleum, Geneva operations, Zhang Yi, over allegations of crime in the company’s business in Nigeria, it was learnt. Although the details of his offence are being kept secret by the company, the management of Addax Petroleum Nigeria Limited confirmed ...
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Fatima Kyari Mohammed, The Au And Nigeria: Lessons In Diplomacy
The lose of Fatima Kyari Mohammed’s bid for the coveted African Union (AU) post of Commissioner for Peace and Security did not receive much attention within the Nigerian media space. It was rather, the misdemeanor of Nigerian Foreign Ministry officials which allegedly cost Nigeria the strategic post that received lavish ...
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Extending airport closure’ll kill hospitality business in FCT– Ozigbo, Transcorp MD
In this interview with IFEANYI ONUBA, the Managing Director/Chief Executive, Transcorp Hotels Plc, Mr. Valentine Ozigbo, speaks on how the impact of the Abuja airport closure on the hospitality industry, among other issues Despite the economic downturn that impacted negatively on many businesses, Transcorp showed resilience with an impressive financial ...
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Don’t be afraid to fail — Nkechi Okwuone
Joy Marcus Nkechi Okwuone, 28, is a member of the Philanthropies Team, Microsoft Nigeria, under the Public Sector Business Segment. In this interview, she speaks about her career What is your educational background? I am currently studying for an MSc in Information Systems Management at the University of Salford, Manchester. ...