Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Buhari and 2Face: A weekend of cancellations
Azuka Onwuka Popular hip-hop musician, Innocent Idibia, popularly known with the stage name, “2Face,” which he recently changed to “2Baba,” came under heavy criticism over the weekend when he announced that the protest against Nigeria’s dwindling economy, scheduled to hold on February 6, 2017, had been cancelled. Interest in the ...
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Reps probe sale of $1b foreign exchange
• CBN: we’re not aware of NNPC/IOCs forex sale deal The House of Representatives Ad hoc Committee on the Reduction of Petrol Prices has summoned Central Bank of Nigeria (CBN) Governor Godwin Emefiele, over alleged irregularities in the sale of $1billion foreign exchange (forex) last year. The CBN chief is ...
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NAIA Closure: Foreign Airlines Threaten To Suspend Abuja Route Operations
There are indications that most foreign airlines in the country may suspend flight operations to the nation’s capital following government’s decision to close down the Nnamdi Azikiwe International Airport, NAIA, Abuja from March 8, 2017. South African Airways, SAA and British Airways have already signified their intentions to quit the ...
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Land Import Ban Raises Smuggling Of Trapped Vehicles
Auto dealers of trapped vehicles at Benin republic ports, as a result of the federal government ban on importation of vehicles through the land borders, have resorted to smuggling of the trapped automobiles to Nigeria through unapproved routes. The federal government’s ban on importation of used and new vehicles through ...
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Ag. President To Protesters: We Understand Your Grievances
Acting president Yemi Osinbajo yesterday told protesters that the federal government feels their grievances and was determined to revive the economy. Osinbajo spoke in the aftermath of protests across major cities in the country, including Lagos, Abuja, Rivers and Edo yesterday, over policies and actions of the present administration. Musician, ...
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FG Outlines Economic Recovery Plan, Targets 7% GDP Growth Rate
The federal government has outlined plans to pull the country out of recession and get it on a path of sustainable growth in the shortest possible time. According to the federal government, the medium term plan is expected to drive Nigeria to a minimum GDP growth rate of 7 per ...
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Reps Summon CBN Governor, Petroleum Minister over Forex Fraud
The House of Representatives has summoned the governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Minister of State for Petroleum Resources Ibe Kachikwu, and the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baro over irregularities discovered in the foreign exchange to oil marketers. Baro alongside ...
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Infrastructure, key to getting out of recession – Akande, LCCI boss
Olalekan Adetayo, Abuja The President of the Lagos Chamber of Commerce and Industry, Chef Nike Akande, on Monday, said for the nation’s economy to come out from recession, the Federal Government must invest heavily in the development of infrastructure. Akande made the call in an interview with journalists at a ...
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Reps summon Emefiele over foreign exchange sale to oil marketers
The House of Representatives on Monday summoned Central Bank of Nigeria Governor, Mr. Godwin Emefiele, over alleged sale of foreign exchange to International Oil Companies. Emefiele’s invitation by the House’s Ad hoc Committee on the Review of Pump Price of Petrol followed the committee’s rejection of the records of the ...
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Nigeria facing serious economic challenges – Osinbajo
Acting President Yemi Osinbajo on Monday insisted that is Nigeria facing serious economic challenges. Recalling the similar remark by President Muhammadu Buhari few months back, Osinbajo said he has gone round the country and discovered that the complaint from the people on the economy is similar to what the protesters ...
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Ajimobi Flags-off Bio-metric Data For Artisan, Tradesmen Thursday
Oyo state governor, Senator Abiola Ajimobi will on Thursday flag off of bio-metrics data capture and identification card project for tradesmen and artisans in the state. The state commissioner for Trade, Industry, Investment and Cooperatives, Princess Taibat Adeyemi-Agba said in Ibadan on Monday that the bio-metrics programme will hold at ...
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Osinbajo To Protesters: We Hear You Loud And Clear
Acting President, Yemi Osinbajo has told protesters that the federal government has heard them loud and clear while restating the determination of the administration to recover the economy. LEADERSHIP recalls that there were protests in Lagos, Abuja, Rivers and Benin on Monday over the policies and actions of the present ...
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FG Targets 7% GDP Growth Rate, Outlines Economic Recovery Plan
…..says plan already yielding results The federal government has outlined plans to get Nigeria out of recession and on a path of sustainable growth in the shortest possible time. Minister of Budget and National Planning, Udo Udoma disclosed this on Monday at the government – private sector engagement forum on ...
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Dans les textes, le produit étranger privilégié !
L’instruction ministérielle n°714/MC/SPM du 26 décembre 2016, relative à l’étiquetage en langue arabe des produits, venue curieusement mettre un terme au paiement annuel d’une facture en devises de près de 600 millions de dollars, puis annulée pour des raisons que nous ignorons, nous interpelle sur les réglementations contreproductives à la ...
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Nigeria: Australia Seeks Stronger Ties With Nigeria
[Daily Trust] The Government of Australia has expressed readiness to deepen bilateral trade relations with Nigeria, the country's High Commissioner to Nigeria, Mr Paul Lehmann, has said.
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Housing market may take time to stabilise – Experts
Following the current economic recession and its attendant effects on the real estate sector, experts have said that it may take time for the housing market to stabilise despite predictions that the economy will pick up this year. A lecturer and member of faculty, Lagos Business School, Dr. Doyin Salami, ...
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…for the week ended January 3, 2017
Nigeria’s manufacturing sector slipped back to the contraction zone in the month of January 2017, according to the Central Bank of Nigeria’s composite Manufacturing PMI, which pointed to 48.2 index points in January 2017(as against 52.0 index points in December 2016). This was amid a tough operating macroeconomic environment impacted ...
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First Bank, GTBank, others among top 500 globally
First Bank of Nigeria Limited, Guaranty Trust Bank Plc, Zenith Bank Plc, Access Bank Plc and the United Bank for Africa Plc have been named among ‘The Top 500 Banking Brands’ of The Banker magazine of the Financial Times and Brand Finance, London, United Kingdom. In a statement on Sunday ...
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EU offers Nigeria, others £4bn for digital economy
The European Union Commission says it is offering £4bn credit to Nigeria and other members of the Economic Community of West African States to cover risks arising from investments in digital economy. It said the credit, globally known as the European Fund for Strategic Investment, would trigger private investment in ...
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Workers stuck in Lagos underground tank
Samson Folarin Two workers have got stuck while cleaning an underground fuel tank at the National Drug Law Enforcement Agency end of the Lagos Badagry Expressway. The victims, Kazeem Rufai and a yet-to-be identified man, were rushed to the Badagry General Hospital. While Rufai survived and is receiving treatment at ...
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NAMA Braces Up For Abuja Airport Closure
Following the demands for effective utilisation of Kaduna Airport as the alternative to Abuja Airport, when the latter must have been closed to traffic, the Nigerian Airspace Management Agency (NAMA) has started upgrading its navigational facilities at the airport to improve its service to both local and foreign travelers. In ...