Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
-
External Reserves Gain $58m In 11-days – CBN
The Central Bank of Nigeria (CBN) has said external reserves gained $58 million to $30.23 billion as at March 14, 2017. The latest data by CBN disclosed that nation’s foreign reserve has been hovering between $29 billion and $30 billion in March. This is just as the gap between the ...
-
Senate To Arrest Hameed Ali
The Senate yesterday resolved to arrest Comptroller-General of Nigeria Customs Service (NCS), Col. Hameed Ali, if he fails to appear before it today to clarify on the policy on duty payment on all vehicles. Members of the Red Chamber in the National Assembly unanimously passed a motion to issue a ...
-
FG Okays Advisory Council On Industrialisation
The federal government yesterday approved the establishment of the Nigeria Industrial Council to stimulate the activities of industries in the country. This was disclosed by the minister of Industry, Trade and Investment, Okechukwu Enelamah, after the Federal Executive Council meeting presided over by President Muhammadu Buhari at the Presidential Villa. ...
-
FG Saves N60bn Through Presidential Fertiliser Initiative – FEPSAN
The President, Fertiliser Producers and Suppliers Association of Nigeria (FEBSAN), Thomas Etuh has said that Presidential Fertiliser Initiative has eliminated subsidy on fertiliser by saving at least N60billion in budgetary provisions in fertiliser supply for 2017. He also said the initiative “would boost foreign exchange savings of $200 million by ...
-
Adeosun Intervenes In PenCom/Naicom Feud Over Annuity Asset Holdings
In an apparent move to ensure harmonization of pension and insurance regulatory operations in Nigeria, the Minister of Finance, Mrs. Kemi Adeosun has intervened and brokered a resolution in the dispute between the National Pension Commission (PenCom) and the National Insurance Commission (NAICOM). It would be recalled that trouble started ...
-
FG Okays Advisory Council On Industrialisation
The federal government yesterday approved the establishment of the Nigeria Industrial Council to stimulate the activities of industries in the country. This was disclosed by the Minister of Industry, Trade and Investment, Okechukwu Enelamah,after the Federal Executive Council meeting presided over by President Muhammadu Buhari at the Presidential Villa. According ...
-
How preparedness helps in the Lake Chad basin crisis
Source: Department for International Development, UN Office for the Coordination of Humanitarian Affairs, World Food Programme, UN Children's Fund, UN High Commissioner for Refugees Country: Cameroon, Chad, Niger, NigeriaFour UN agencies have invested in the Ready to Respond Project to better prepare the region for further escalation of violence and potential ...
-
I love my husband, will endure the humiliations, woman tells court
“My mother-in-law wants her son to throw me out his house after he impregnated his girlfriend,” a 29-year-old petty trader, Adegbite Aderayo, told an Agege Customary Court in Lagos on Wednesday. She said her mother-in-law had pressured her son, Shotunde Gbenga, to send her out of their matrimonial home. Aderayo, ...
-
UPDATED: Customs suspends import duty on old vehicles
Ifeanyi Onuba, Abuja The Nigerian Customs Service on Wednesday announced the suspension of the implementation of the payment of import duty on old vehicles. The move is in compliance to an earlier directive by the Senate that the policy which had generated controversies be suspended. A statement by the Acting ...
-
Nigeria will overcome recession soon – Experts
Economic experts have said that the drop in inflation figure from 18.72 in January to 17.78 percent in February was a signal that the country’s economy would overcome recession soon. The experts said on Wednesday in Abuja that the 0.94 percent inflation decline was an indication that recession could end before ...
-
FG okays advisory council on industrialisation
…Approves draft bill for CDC The Federal Executive Council (FEC) on Wednesday approved the establishment of the Nigeria Industrial Policy and Competitiveness Advisory Council towards boosting industrialization in the country. This was disclosed by the Minister of Industry, Trade and Investment, Okechukwu Enelamah, while briefing State House correspondents at the end ...
-
Senate compels Customs boss to appear Thursday
The Senate has compelled the Comptroller General of the Nigeria Customs Service, Col. Hameed Ali (rtd) to appear before the upper legislative body Thursday. This is coming just as the Customs boss stated in a letter he wrote to the President of the Senate, Dr. Bukola Saraki, that the controversial ...
-
Maternal Mortality: Groups Takes Advocacy To Pharmacists Council Of Nigeria
As part of efforts to reduce the rising maternal mortality rate, the Pharmaceutical Society of Nigeria (PSN) under the Partnership for Advocacy in Child and Family Health (PACFAH), has taken its advocacy to Pharmacists Council of Nigeria, on how to curb the high rate of maternal mortality in the country. ...
-
ATMS Foundation commits $60m to human capital development
Ife Ogunfuwa The African Training and Management Services Foundation has said it has committed over $60m to human capital development in sub-Saharan Africa in the past 21 years. A Director, ATMS Foundation, Sven Riskaer, who made this known at the African Management Services Company Business Transforming Africa Conference in Lagos, ...
-
Kwankwaso seeks prosecution of perpetrators of Ife clash
Femi Makinde, Osogbo A former Kano State Governor, Senator Rabiu Kwankwaso, on Tuesday, visited the scene of the clash between some Yoruba and Hausa in Ile-Ife to commiserate with the victims of the crisis with a call that perpetrators of the crisis should be made to face the full wrath ...
-
CBN boosts forex supply with fresh $195m
Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Tuesday released fresh $195m into the foreign exchange market as part of its wholesale intervention to ensure liquidity in that segment of the market. The release was confirmed in a statement signed by the Acting Director of Corporate Communications Department, CBN, ...
-
Hitching the north to the national economy
Lekan Sote The Northern Nigerian Protectorate, proclaimed in 1900, was administered by Indirect Rule, with emirs or chiefs, as native authorities, ruling over their subjects, on behalf of the British raj. The Nigeria formed from the Northern and Southern Protectorates by Lord Frederick Lugard in 1914 remains apolitical mixture, and ...
-
Boosting Nigeria’s gemstones industry for increased revenue
Jennifer Abraham Diamond, the most valuable gemstone in the world today, changed the face of Botswana. Before its discovery in that country in 1966, Botswana was a poor, agrarian economy. However, as of 2014, annual Gross Domestic Product per capita growth rate (one of the highest in the world), had ...
-
Foreign missions to monitor Magu’s screening by Senate
Some foreign missions and donor agencies will monitor today’s screening of Economic and Financial Crimes Commission (EFCC) Acting Chairman Ibrahim Magu. Besides, some Peoples Democratic Party(PDP) senators have opted to support Magu’s confirmation as the fourth chairman of the anti-graft agency. The senators reportedly met yesterday. It was also learnt ...
-
Customs to review duty payment enforcement
Vehicle owners who are anxious over duty payment enforcement should relax. The Nigeria Customs Service (NCS) is reviewing the controversial policy, Comptroller General of Customs Col. Hameed Ali (retd) has said. Col. Ali stated this in a letter to Senate President Bukola Saraki which he personally submitted yesterday during an ...
-
CBN injects $195m into forex market
•Inflation declines to 17.78% The Central Bank of Nigeria (CBN) yesterday said it will inject $195 million comprising of $150 million for the wholesale auction and $45 million in the invisible segment for such items as medical fees, tuition fees, Personal Travel Allowance (PTA) and Business Travel Allowance (BTA). Confirming ...