• Another 180 Nigerians return from Libya on Tuesday

    Olalekan Adetayo, Abuja Another 180 Nigerians are expected back in Nigeria from Libya on Tuesday. The Senior Special Assistant to the President on Foreign Affairs and Diaspora, Mrs. Abike Dabiri-Erewa, disclosed this on Friday while receiving the Federal Commissioner, National Commission for Refugees, Migrants and Internally Displaced Persons Commission, Sadiya ...

  • Xenophobia: Protesters shut down MTN Lagos office

    Saheed Olugbon Protesters under the aegis of the Human Rights Defenders and Advocacy Centre on Friday disrupted business activities at the MTN headquarters at Falomo, Lagos, over the xenophobic attacks on Nigerians in South Africa. Business activities were stalled for over three hours at the telecommunications company’s premises, a situation ...

  • Forex: CBN to inject fresh $350m into interbank market

    Gbenro Adeoye The Central Bank of Nigeria is set to pump more United States dollars into the foreign exchange market this weekend, in continuation of its strategy to further strengthen the value of the naira, Saturday PUNCH has learnt. A source at the apex bank told our correspondent on condition ...

  • Currency traders in panic sales as CBN pumps in more dollars

    Reports  that the Central Bank of Nigeria (CBN) plans to  pump more dollars into the foreign exchange market in continuation of efforts  to strengthen the naira, have triggered  positive reactions causing it to attain a better exchange parity with the greenback. The Nation learnt that the apex bank is in ...

  • NAF Gears Up Advocacy, Foreign Collaborations To Fix Gaps

    A lot of concerns were generated by Nigeria’s eight – year war against the Boko Haram insurgency. Overwhelmed by several audacious acts of the terrorists, many citizens cast doubt on the capability of the nation’s armed forces to guarantee their security. The concerns were genuine and threw up questions about ...

  • Using deities for oath taking untenable – Legal Practitioner

    An Abuja-based Legal Practitioner, Mrs Stella Benjamin, says it is not tenable in the eyes of the law to start administering traditional method of oath taking to public officers in the country. Benjamin was reacting to the call by the Imo State Governor, Rochas Okorocha, for the adoption of the ...

  • CBN to inject more dollars into forex market

    The Central Bank of Nigeria (CBN) will on Saturday pump more dollars into the foreign exchange market in continuation of its strategy to further strengthen the value of the naira.  According to a source in the apex the Bank, the CBN has planned the release of an additional $350 million bringing ...

  • Panic Sale As CBN Pumps In Dollars Again

    Forex traders have been set on panic button as news filtered that the Central Bank of Nigeria (CBN) will, this weekend, further pump more dollars into the foreign exchange market in continuation of its strategy to strengthen the value of the Naira. According a source in the apex the Bank ...

  • Foreign Airlines Are Coming To Kaduna, Airport Ready In Very Short Period – Osinbajo

    Acting President,Yemi Osinbajo, on Friday declared that foreign airlines are willing to come Kaduna International Airport following the closure of Abuja airport for repair and flights diversion to Kaduna. Osinbajo,who described the ongoing repair work at Kaduna Airport as considerable progress said the airport will be very usable and in ...

  • Osinbajo Urges Foreign Airlines To Use Kaduna Airport

    Acting president, Yemi Osinbajo has called on foreign airlines to cooperate and support the federal government‎ by accepting to use the Kaduna International Airport during the duration of the closure for repair of the Nnamdi Azikiwe International Airport, Abuja Professor Osinbajo, who stated this when he visited the Kaduna airport ...

  • Another 180 Nigerians Expected To Return From Libya On Tuesday – Presidency

    Another 180 Nigerians are expected back in Nigeria from Libya on Tuesday. The Senior Special Assistant to the President on Foreign Affairs and Diaspora, Mrs. Abike Dabiri-Erewa, disclosed this on Friday while receiving the Federal Commissioner, National Commission for Refugees, Migrants and Internally Displaced Persons Commission, Sadiya Farouk, at the ...

  • Traders in GSM Village Appeal To FG For Empowerment

    Traders at the GSM Village in the FCT on Friday called on the Federal Government to empower small business people to help their businesses to grow. Some of the traders, who spoke with the News Agency of Nigeria (NAN) in Abuja, said that lack of finance was threatening the existence ...

  • China Public Diplomacy Association Marks 4th CAPC Annual Programme

    The President of China Public Diplomacy Association (CPDA) and former Vice Foreign Minister of China, HE Li Zhaoxing, has emphasised on the friendly relations China and Nigeria share. This he said at the joint opening ceremony of China Africa Press Centre 2017 Programme and the China South Asia & South ...

  • China’s Steady Economic Growth, Lessons For Nigeria

    China’s rising economic growth and consistency in maintaining it inspite of global recession, has been as a result of its upward trajectory and steady performance. This points to the maintenance of hardwork, progress and stability, the Vice Chairman of the Foreign Affairs Committee of the National Committee of the CPPCC, ...

  • Buhari inherited a bad economy, made it worse – Soludo

    • ‘President working hard to fix economy’ Ihuoma Chiedozie and Olalekan Adetayo A former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, on Thursday said President Muhammadu Buhari had worsened the “very bad” economic situation he inherited when he assumed power in 2015. Soludo spoke at the ‘Big ...

  • Peace corps, a threat to Nigeria’s security – IGP

    Afeez Hanafi The Inspector-General of Police, Ibrahim Idris, on Thursday, said the activities of the Nigeria Peace Corps posed a security threat to the country. He stated that the recruitment and operational procedures of the corps did not conform to the law establishing security agencies in Nigeria. Idris added that ...

  • Why we intervened in forex market –CBN

    Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Thursday said that its current intervention in the foreign exchange market was purely to ease the pressure on the naira and had nothing to do with succumbing to blackmail from some quarters. The Acting Director, Corporate Communications Department, CBN, Mr. Isaac ...

  • Vitafoam records 110% rise in profit

    Stanley Opara Vitafoam Nigeria Plc said it recorded a 110 per cent increase in profit after tax last year despite the challenging business environment, in the country. It said the appreciation on its earnings for 2016 was boosted by the company’s repositioning and strategic redirection. Addressing shareholders at the company’s ...

  • Bus driver remanded for hitting LASTMA official

    A bus driver, Ganiu Isiaka, has been remanded in custody for allegedly hitting an official of the Lagos State Traffic Management Authority, Sunday Nwangi, with the bus. A statement on Thursday by the Public Affairs Officer of LASTMA, Mahmud Hassan, stated that the suspect had tried to evade arrest after ...

  • Marketing Internazionale

    How to negotiate in Nigeria

    Nigeria has a population of more than 190 million people. Nigeria's economy is strong and there are many possibilities to do business in this country but the people of Nigeria are largely unaware of the rules of the western world. They have their unique understandings and perspectives on how to conduct business ...

  • CBN: why Naira is appreciating

    There is the Naira’s new strength coming from? The Central Bank of Nigeria (CBN) said yesterday that the currency’s appreciation against others  was the result of its market monitoring and intervention. Its spokesman  Isaac Okorafor refuted the claim that illegal sale of foreign currencies at ridiculous rates was responsible for ...