Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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US Partners Bauchi Govt On Primary Education
The United States government through United State Agency for International Development, USAID, has strengthened its partnership with Bauchi State government with the signing of Memorandum of Understanding, MoU. The MoU which was signed in Abuja by the USAID Mission Director, Michael T. Harvey and His Excellency, the Governor of Bauchi ...
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Nigeria: Nigeria Targets $10 Billion New Oil, Gas Investments in Five Years
[Premium Times] The Federal Government has set a target of attracting more than $10 billion of fresh investments in the oil and gas industry in the next five years, Minister of State for Petroleum Resources, Ibe Kachikwu, said on Tuesday.
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Emir Sanusi tries to shake up family law in Kano
As a traditional ruler, the Emir of Kano is expected to dispense sage advice in matters temporal and spiritual to his legions of followers across Muslim-majority northern Nigeria. Like his counterparts dotted across the vast country of 180 million, he is the proud guardian of the past and the customs ...
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Drama as Senate screens 82-year-old ambassadorial nominee
Leke Baiyewu, Abuja The Senate Committee on Foreign Affairs, on Wednesday, screened an 82-year-old non-career ambassadorial nominee, Justice Sylvanus Nsofor (retd.), who refused to recite the National Anthem when he was asked to do so. The refusal by the nominee to recite the anthem had shocked members of the committee. ...
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Nigeria earns $43m from Gum Arabic export
The Federal Government has earmarked N263m to boost the production and export of Gum Arabic as the country earned more than $43m from the export of the commodity in 2016. The Minister of Agriculture and Rural Development, Mr Audu Ogbeh, confirmed this development when he briefed State House correspondents on ...
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Xenophobia: Niger Delta militants threaten to bomb South African investments
Chukwudi Akasike, Port Harcourt A coalition of Niger Delta militants on Wednesday threatened to blow up Multichoice (DSTV), MTN, Shoprite and 16 other major South African investments in Nigeria if the Federal Government fails to shut them down within one month. The militant groups, who were reacting to ...
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Health writers hold symposium on mental health
A host of medical experts in key public and private areas of the health industry are set to deliberate on salient issues of healthcare delivery in Nigeria, as the Health Writers Association of Nigeria holds its seventh annual symposium themed, “Mental health in a recessed economy.” Leading the discussion as ...
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Reps to investigate CBN, Finance Ministry over unpaid BoA shares
The House of Representatives says it will investigate the Central Bank Of Nigeria and the Federal Ministry of Finance over unpaid capital shares to the Bank of Agriculture. This was sequel to a unanimous adoption of a motion by Rep. Femi Fayeke (Osun-APC) at the plenary in Abuja on Wednesday. ...
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DPC Urges CBN To Sustain Strengthening Of Naira
The Democratic People’s Congress (DPC) has urged the Central Bank of Nigeria, Governor, Dr. Godwin Emefiele and Minister of Finance, Mrs. Kemi Adeosun to avoid monetary policies that allegedly triggered the economic recession now that the naira is beginning to appreciate against the dollar. The DPC in a statement by ...
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Nigeria’s forex bazaar
Tony Dara “How can a country earn $300bn from crude oil sales since 2014, according to estimates by the NNPC and yet see more than 60 per cent of its population living in abject poverty?” –Tabia Princewill in an article published on Vanguard website on Wednesday, February 22, 2017. I ...
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Economy shrank by 1.5% in 2016 – NBS
Ifeanyi Onuba, Abuja The National Bureau of Statistics on Tuesday released the Gross Domestic Product growth rate for the country, with the economy recording a contraction of -1.3 per cent in the fourth quarter of 2016 and – 1.5 per cent for the year. The NBS explained that in real ...
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FG won’t ban okada, tricycles –Amaechi
Okechukwu Nnodim, Abuja The Federal Government will not ban the operations of okada (commercial motorcycle) and tricycles in the country, the Minister of Transportation, Rotimi Amaechi, has said. According to the minister, banning okada and tricycle riders will lead to massive job losses in Nigeria, adding that this may affect ...
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Experts to discuss banks’ future
Economic and financial experts will on March 30 converge on Lagos to discuss the way forward for Nigerian banks at the maiden edition of “Meeting-of-Minds.’’ The event is being organised by eBRANDish, a marketing and brands communications publication. The programme is coming against the backdrop of the challenges facing the ...
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Economy way out of recession, says Presidency
• 2016 GDP figures show growth in agriculture There are indications that the economy is on its way out of recession, the Presidency said yesterday. It hinged its optimism on the year 2016 economic overall performance and last quarter Gross Domestic Product reports. A statement issued by the Special Adviser to ...
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Minister: no Nigerian killed in South Africa’s attacks
No Nigerian dies in the renewed xenophobic attacks in South Africa, Minister of State for Foreign Affairs, Mrs Khadijah Abba Ibrahim, told the Senate yesterday. The minister based her statement on the information from the Nigerian High Commission in South Africa. The Senate and the House of Representatives also yesterday ...
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‘$10b yearly investment in oil, gas coming’
• First part of PIB passage for March The Federal Government plans to attract $10 billion investment into the oil and gas industry yearly to bridge infrastructure gap. The Minister of State, Petroleum Resources, Dr Ibe Kachikwu stated this yesterday at the ongoing Nigeria Oil and Gas conference in Abuja ...
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Naira closes at N445 to dollar as more inflows expected
The naira yesterday closed at N445 to dollar, N15 weaker than N430 traded on Monday. The local currency is expected to firm up in the days ahead as the impact of the $180 million intervention from the Central Bank of Nigeria (CBN) and plans to sell Personal and Business Travel ...
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Adeosun: Devt Bank ‘ll catalyse SMEs’ growth
he Minister of Finance, Mrs. Kemi Adeosun said the Development Bank of Nigeria (DBN) is being positioned to galvanise the Small and Medium Scale Enterprises (SMEs) sector for the overall development of the economy. According to her, the government is aware of the role of SMEs in national development, hence ...
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Development Bank Of Nigeria Will Stimulate SMEs’ Growth – Adeosun
The Minister of Finance, Mrs. Kemi Adeosun has stated that the Development Bank of Nigeria (DBN) is being positioned to galvanize the Small and Medium Scale Enterprises sector for the overall development of the nation’s economy. According to her, the present administration is aware of the role of SMEs in ...
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Trails Adoption Of Generational Mortgage Finance
The bottlenecks associated with housing finance are enormous. In this report, CHIKA OKEKE writes on the brewing controversy revolving around the adoption of generational mortgage finance. There have been repeated calls by experts on the need to initiate flexible interest rate as a panacea to mortgage financing in Nigeria. This ...
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Recession: Economy Shows Signs Of Recovery – NBS
Indications that the country’s economy may be on its way out of recession emerged yesterday, following the release of the 2016 overall and last quarter Gross Domestic Product (GNP) reports by the Nigeria Bureau of Statistics (NBS), which showed some signs of recovery. The NBS report revealed that the nation’s ...