Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Federal Govt Targets N140bn From Lagos-Ibadan, Itakpe-Warri e-Ticket Rail Services
The federal government is set to earn up to N140 billion on e-ticket sales in 10 years concessioning of ticketing on the Lagos-Ibadan and Itakpe-Warri rail services. This was revealed by the Infrastructure Concession Regulatory Commission (ICRC). Addressing the Minister of Transportation, Rotimi Amaechi, on concessioning, the acting director general ...
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JUST-IN: Insecurity, Economy Top Agenda As Buhari Chairs Council Of State Meeting
President Muhammadu Buhari is currently presiding over a meeting of the Council of State at the Presidential Villa in Abuja on Thursday morning. The meeting, which started at 10am, observed a minute silence in honour of the former Head of Interim National Government, late Chief Ernest Shonekan, who died on ...
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W/Bank Retains Nigeria’s 2.5% GDP Projection, Cuts SSA’s To 3.6%
The World Bank has retained it growth forecast for Nigeria’s economy 2.5 per cent in 2022, even as it reduced growth prospects for the sub-Saharan Africa from 4.0 per cent to 3.6 per cent. As the sub-Saharan African economy struggles to recover from the 2020 recession induced by the COVID-19 ...
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Executive Order 5: NOTAP Intensifies Drive For Indigenous Software Devt
The National Office For Technology Acquisition and Promotion (NOTAP) has intensified efforts to boost indigenous software development in Nigeria in line with the implementation of the Presidential Executive Order No.5 (EO5). The EO5, which was signed into law by President Muhammadu Buhari on February 2, 2018, was premised on the ...
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Customs Generates N56.2bn From Export, N135.4bn From Import In Q1
The Tin-Can Island Command of the Nigeria Customs Service (NCS), yesterday said the Free On Board (FOB), value of the export trade increased from N31.4billion in first quarter of 2021 to N56.2 billion in Q1, 2022. Speaking at the first quarter revenue and performance report of the command, Customs Area ...
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Bayero Lays Foundation For ‘Bankers Hall’ At Kano Poly
Emir of Kano, Alhaji Aminu Ado Bayero, has laid the foundation of a multi-million naira project “Bankers Hall” at the School of Management Studies, Kano State Polytechnic, sponsored by the Chartered Institute of Bankers (CIBN). He described the gesture as commendable. He said the banks are dependable tools in shaping ...
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Africa’s Cocoa Export Faces Fresh Challenges
African cocoa exporters would be facing another tough year due to the economic pressures that the Russia-Ukraine war has already weighed on the EU, a key importer of Africa’s cocoa beans. This is as Nigeria’s potential joining of the Living Income Differential(LID), system set by cocoa producers shall contribute to ...
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IGP Promotes All Junior Police Officers To Mark First Anniversary
As a part of the activities to mark the one year anniversary of the appointment of the Inspector-general of Police, Usman Baba, the IGP said all arrangements have been made to release the promotion list for all junior officers in the Nigeria Police Force, who have not been promoted since ...
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Fidelity Bank Non-oil Exports Sensitisation To Boost Nigeria’s Forex Earnings – Lalong
Plateau state governor Simon Lalong has said the state has a long history of contributing to Nigeria’s foreign exchange earnings as far back as pre-colonial and colonial times through the role mining played in development of Nigeria before the discovery of oil. Lalong made the disclosure in Jos during ...
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Federal Govt To Give Nigerians Funds, Licences To Own Modular Refineries
Federal government has said it will provide funding and licences to law-abiding Nigerians who are interested in establishing modular refineries in the country. The minister of state for Petroleum Resources, Chief Timipre Sylva, disclosed this yesterday at Eleme, near Port Harcourt while speaking with reporters shortly after inspecting the ongoing ...
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Nigeria’s Maritime Territory Expansion Bid Achievable Without War, Litigation – Buhari
President Muhammadu Buhari, on Tuesday, in Abuja expressed optimism that Nigeria’s bid to expand its maritime territory, under the United Nations Convention on the Law of the Sea (UNCLOS), was fully on course and would be achieved without ‘‘war, litigation, or purchase.’’ ‘‘I am looking forward to the day that ...
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Outrage As Customs Slams Fresh 15% Levy On ‘Tokunbo’ Vehicles
Less than one week after migrating to the Customs External Tariff (CET) and reducing duty on imported used vehicles from 35 per cent to 20 per cent, the Nigeria Customs Service (NCS), on Tuesday, slammed another 15 per cent National Automotive Council (NAC) levy on imported used vehicles. To this ...
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Governador diz que recuperação fiscal do Rio está bem encaminhada
O governador do Rio de Janeiro, Cláudio Castro, disse hoje (12) que a adesão do estado ao Regime de Recuperação Fiscal "está muito bem encaminhada", e avaliou como secundárias as questões que ainda são entraves junto ao Ministério da Economia. Castro participou de um almoço promovido pela Associação Comercial do ...
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Nigeria Customs Retains 20% Duty On Imported Used Vehicles
The Nigeria Customs Service (NCS) has said it is retaining a duty rate of 20 per cent for used vehicles as was transmitted by ECOWAS with a NAC levy of 15 per cent. Instead of adopting the new version of ECOWAS Common External Tariff (2022- 2026) the service said it ...
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Nigeria Is A Key Beneficiary Of Our $500m Datacentre Investments – Durvasula
What informed your company’s decision to site a data centre in Nigeria? When it comes to information technology, Nigeria is leading the charge in Africa. The region is incredibly data-driven and its citizens are hungry for information, for new technologies, and for digital services. Necessity has always been the mother ...
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At 65, Dangote Continues To Transform Nigeria Economy
Africa’s biggest humanitarian, Aliko Dangote has continued to show its readiness and commitment to transforming the economy and impacting people. Dangote investment drive across the African continent has described him as a man with a mission to aggressively transform the African economy. Dangote, at 65, remains grand, like the nurturant ...
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NFF Pencils Down Ex-Barca, PSG Coaches For Super Eagles’ Job
The Nigeria Football Federation (NFF) has lined up four foreign coaches including a former Barcelona and erstwhile PSG coach for the Super Eagles’ job Sources at the football governing body revealed that the Technical and Development Committee of the NFF has recommended former Barcelona manager, Ernesto Valverde; former PSG and ...
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Upgrade Of Ibadan Airport Still On Course – Makinde
Oyo State Governor Seyi Makinde has said the move by his administration to upgrade the Ibadan airport to international standard is still on course. He said his government considered the airport as key and central to its vision to expand the state’s economy, adding that the government would continue to ...
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Lekoil Production From Otakikpo Field Hits 4,475bpd In Q1
Lekoil Nigeria Limited, has disclosed that average production from Otakikpo field in first quarter 2022, was 4,475 barrels of oil a day, bopd gross/1,790 bopd net to partner, Lekoil Oil and Gas Investments Limited, (LOGL). The company is in joint venture with Green Energy International Limited(GEIL), the operator, and the ...
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EU Wants Enhanced Gas Supply From Nigeria
European Union (EU) ambassadors in Nigeria, yesterday paid a courtesy call on the management of the Nigerian National Petroleum Company (NNPC) Ltd, calling for enhanced partnership with Nigeria in the energy sector. Speaking on behalf of the group, the EU Ambassador in Nigeria, Samuela Isopi, said as a result of ...
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Nigeria, South Africa Collaborate On Drug War
Nigeria’s anti-narcotics agency, National Drug Law Enforcement Agency (NDLEA) and South Africa’s Directorate for Priority Crime Investigation, popularly called HAWKS, have both agreed to collaborate in tackling the menace of drug trafficking between the two countries. NDLEA spokesperson, Femi Babafemi, disclosed this as the highpoint of discussions at a virtual ...