Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Economía/Energía.- Iglesias traslada a la CNMC su preocupación ante el "escándalo" de la subida de la luz
br /> MADRID, 2 (EUROPA PRESS) El secretario general de Podemos, Pablo Iglesias, se ha reunido este jueves con el presidente de la Comisión Nacional del Mercado de la Competencia (CNMC), José María Marín, para trasladarle la preocupación instalada en su partido ante el "escándalo" de ...
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BUA, rice farmers sign production deal
Ted Odogwu, Kano BUA Rice Limited, a subsidiary of BUA Group of Companies, has signed a partnership agreement with Kano and Jigawa Rice Farmers Association to develop an efficient outgrowers scheme. They said the objective of the deal was to gradually put an end to the Nigerian consumers’ insatiable desire ...
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Nigerian passion arrests Maikaifer
Akeem Lasisi Founder of Maikaifer Lux, an international fashion outfit that recently berthed in Lagos, Shamim Maikaifers, has said that the energy and passion that characterises the Nigerian polity inspired her to establish the brand in the country. She noted that she got the inspiration to start the business on ...
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FG gets UN’s approval to streamline export trade procedures
Ifeanyi Onuba, Abuja The United Nations Centre for Trade Facilitation and Electronic Business has agreed to assist Nigeria to simplify its national and international transactions by streamlining processes and procedures for export trade. The move, according to the Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr. Olusegun Awolowo, is ...
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FCMB partners CBN, others on export trade
First City Monument Bank Limited says it has partnered the Central Bank of Nigeria and the Nigerian Export Promotion Council as well as the Nigerian Export-Import Bank to boost export trade as the country steps up efforts to diversify the economy. In a statement on Thursday, the lender said the ...
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Police Officers In Trouble Over Escape Of Detainees In Delta
…As Hoodlums allegedly Stab Business Woman after Collecting Her Handsets, Money Three police officers attached to the Ashaka Police Station in Ndokwa East Local Government Area of Delta state are currently in trouble over the escape of two detainees at the station. The police officers, two Senior Officers and Head ...
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NECO To Begin Sales Of NCEE Forms Soon
The National Examinations Council (NECO) says it has concluded preparations to begin sales of its 2017 National Common Entrance Examination (NCEE) forms. The News Agency of Nigeria (NAN) reports that the examination is for admission of candidates into the Junior Secondary Schools (JSS) 1 arm of the 104 unity colleges ...
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Anxious Days As Ethiopia Pins Hope On Tourism
[Addis Fortune] Keder Yesehak has been running his own business selling cultural religious souvenirs for the past three decades. His shop is located beside a line of similar shops along Nigeria Street. Keder's shop stocks locally made merchandise, from cultural clothes to wooden sculptures and traditional musical instruments. Although he ...
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FG to raise VAT on champagne, other luxury items
Olalekan Adetayo, Abuja The Federal Executive Council on Wednesday approved the revised National Tax Policy. The policy will see the Value Added Tax on luxury items, like champagne, increasing from the current five per cent, among other changes. The Minister of Finance, Mrs. Kemi Adeosun, disclosed this to State House ...
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Investment inflow to Nigeria drops to 10-year low
Ifeanyi Onuba, Abuja The Nigerian economy recorded its worst investment inflow in 10 years with the country attracting a total investment of $5.12bn in the 2016 fiscal period. The $5.12bn investment figure, when compared to the $9.64bn that the economy attracted in 2015, represents a decline of $4.52bn or 46.86 ...
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Ambode endorses death penalty for kidnappers
Sesan Olufowobi The Lagos State Governor, Akinwunmi Ambode, on Wednesday signed into law the anti-kidnapping bill recently passed by the state House of Assembly with a pledge to ensure its full implementation. The law imposes a penalty of life imprisonment on kidnapping for ransom, as well as death penalty for ...
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Adhere to NHIS Act, HMCAN tells management
Niyi Odebode, Abuja The Health and Managed Care Association of Nigeria has advised the leadership of the National Health Insurance Scheme to adhere to the Act establishing the scheme. The Chairman of the HMCAN, Dr. Tunde Ladele, who stated this in an interview with The PUNCH in Abuja, also said ...
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‘Non-passage of PIB affecting interest in oil sector’
Ifeanyi Onuba, Abuja The Managing Director, Oil and Gas Free Zones Authority, Mr. Umana Okon, has said the delay in the passage of the Petroleum Industrial Bill by the National Assembly is causing uncertainties in the oil sector, and as such, affecting investors’ interest. Okon, who stated this on Wednesday ...
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Nigerian, Brazilian firms float new airline
Maureen Ihua-Maduenyi A Nigerian firm, Omni-Blu Aviation Limited, has partnered Omni Helicopters International S.A. of Brazil to develop a new alliance known as Omni Helicopters Nigeria. The joint venture, which was launched on Wednesday, according to the promoters, is created to meet the demand for helicopter services in Nigeria’s oil ...
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Forex trading: CBN to suspend defaulting banks for eight weeks
The Central Bank of Nigeria (CBN) has tightened its operational guidelines on foreign exchange (forex) trading among banks and other authorised dealers. Defaulting banks risk eight weeks suspension, according to the new rules which go into effect immediately. The apex bank has been battling to stabilise the naira’s value. The ...
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Magu: Senate and the element of fair hearing
To Wahab Shittu, a law teacher at the University of Lagos (UNILAG), there is more to the rejection by Senators of Ibrahim Magu as the substantive Economic and Financial Crimes Commission (EFCC) Chairman than the Department of State Services (DSS) security report. The lawyer believes some members of the Red ...
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Ambode signs Anti-Kidnapping Laws
Lagos State Governor Akinwunmi Ambode yesterday signed the Anti-Kidnapping Law, which prescribes death penalty for kidnappers. He also signed the Lagos State Sports Commission and Lagos State Sports Trust Fund into law. Speaking shortly after the ceremony at the Lagos House Alausa, Ikeja, Ambode said the prescribed death for kidnappers ...
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Nigeria, Africa Free Trade Agreements and Development
In November 2016, ministers of industry, trade and investment from across Africa met for the second rounds of negotiations in Nairobi, Kenya in furtherance of the on-going negotiations to design the structural framework that will drive the proposed Continental Free Trade Area. The CFTA is expected to deepen intra Africa ...
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Citing Low Tax Regime, FG Approves New Policy
The federal government has approved a new national tax policy presented by the Minister of Finance, Kemi Adeosun. The new tax policy, which seeks to address the low tax regime in the country is, however, subject to approval by the National Assembly. Introduced in 1994 by the military government, Nigeria’s ...
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Ambode Okays Death Penalty For Kidnappers
It is no longer business as usual for criminals who engage in kidnapping people in Lagos, as the Lagos State Governor Akinwunmi Ambode on Wednesday signed into law a bill on kidnapping which stipulates death penalty and life jail for kidnappers in the state. Ambode while signing into law, “The ...
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Inland Container Depots And The Economy
Concentrating shipment inlets and outlets to the sea ports alone can pose a grave challenge for those involved in that line of business. Nigeria, it needs to be emphasised, is largely an import-dependent economy. That makes shipping a core factor in her industrial growth and development. It makes it a ...