Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Finding Innovative Ways Of Managing Rising Cost Of Home Construction In Nigeria
That Nigeria is in the grip of its worst economic crisis in decades is no longer in doubt. A combination of oil price fall at international market, devaluation of the Naira and rising inflation have cast a cloud of uncertainty in the nation’s economy. In the face of present reality, ...
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AU: The Decline Of Nigeria And The Eclipse Of Africa
Perhaps no other issue has shown the glaring decline of Nigeria’s foreign policy and reduced international prestige than the just concluded African Union (AU) elections, this week in Addis Ababa. Nigeria was occupying the AU Political Affairs Commissionership during the administration of Dr. Nkosazana Zuma, Ambassador Dr. Aisha Abdullahi was ...
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Section Of Lagos Balogun Market Gutted By Fire
A section of the prestigious Balogun market located on the Lagos Island was Wednesday gutted by fire after traders resumed for the early morning sales. Our correspondent learnt that the fire razed a three-storey building on Balogun Street of the Lagos Island, destroying properties worth millions of Naira. It was ...
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Luxury items to attract more VAT
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 percent among other changes. The Minister of Finance, Kemi Adeosun, disclosed this to State House correspondents at ...
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Investment inflow drops to ten year low at $5.12bn
Ifeanyi Onuba, Abuja The Nigerian economy recorded its worst investment inflow in ten 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 which the economy attracted in 2015 represents a huge decline of $4.52bn or ...
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Ambode okays death penalty for kidnappers
Governor Akinwunmi Ambode on Wednesday signed the anti-kidnapping bill recently passed by the Lagos State House of Assembly into law. The governor vowed to ensure it full implementation to stop the activities of kidnappers in the state. The Prohibition of the Act of Kidnapping Law imposes a penalty of life ...
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FEC approves revised National Tax Policy to check low taxation
The Federal Executive Council on Wednesday in Abuja approved a revised National Tax Policy to address low taxation in the country. The Minister of Finance, Mrs Kemi Adeosun made this known at a joint press briefing with the Minister of Information and Culture and Minister of State for Aviation Hadi ...
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Fight against Boko Haram plunges far eastern Niger in serious food crisis
Source: Oxfam Country: Niger, NigeriaOXFAM observes that the war against Boko Haram has severely limited farming and fishing activities, which are important economic activities in the eastern regions.The devastation caused by Boko Haram and the military forces fighting them has plunged the people of far eastern Niger into a serious food ...
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Nigeria: Nigerian Investor, Dangote to Diversify Investments in Zambia, Others
[Guardian] Nigerian multi-billionaire investor, Aliko Dangote, has expressed the desire of his group to further consolidate on his existing investments in Zambia and other African countries by exploring opportunities in the energy and agriculture sectors.
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Commercial Activities Paralyzed As Agbor Residents Protest Epileptic Power Supply
Business and commercial activities came to a halt as residents took to the street to protest poor and epileptic power supply to Ika nation by the Benin Electricity Distribution Company (BEDC). The protest organised by the Ika Landlords and Landladies Association brought the town to a standstill as they marched ...
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Kunle Afolayan, Multichoice Partner On Three Films
After a swell outing with his pan Africa film, ‘The CEO’, popular Nigerian filmmaker, Kunle Afolayan is back with a set of three films, sponsored by Multichoice Nigeria. The threesome; ‘Roti’, ‘Umogwo’ and ‘Tribunal’ will enjoy back-to-back filming that will fast-track their releases, beginning from the first quarter of the ...
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Tourism Catalyst For Nigeria’s Economic Turnaround — NTDC Boss
The acting Director-General of the Nigerian Tourism Development Corporation (NTDC), Mrs. Mariel Rae-Omoh, has described the tourism sector as a magic wand that can turn the Nigerian economy around and bring it out of recession. Rae-Omoh disclosed this on Tuesday while playing host to a team from LEADERSHIP Newspapers Group, ...
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Amina and Juma power tussle as reality of AU job loss sinks in
Hundreds of diplomatic changes by Foreign Affairs CS Amina Mohamed have escalated into a vicious power tussle with her PS Monica Juma, throwing the critical ministry into disarray. The details emerged as Amina was facing a historic African Union vote, which she lost to Chad’s Moussa Mahamat, unceremoniously ending Kenya’s ...
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Nigeria, others to increase immunisation coverage
Bukola Adebayo African Heads of State have pledged to increase investment in immunisation coverage on the continent. The leaders made the commitment at the 28th African Union Summit in Addis Ababa, Ethiopia, are to increase their country’s political and financial investments in vaccination programmes . The World Health Organisation Regional ...
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January manufacturing PMI fell to 48.2 – CBN
Oyetunji Abioye The country’s manufacturing activity fell to 48.2 index points in January 2017, down from 52.0 recorded in December, the Central Bank of Nigeria said in its Purchasing Managers’ Index released on Tuesday. The report showed that while the manufacturing PMI dropped to 48.2 index points, the non-manufacturing PMI ...
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Investment: FG asks embassies to fast-track visa issuance
Ifeanyi Onuba, Abuja The Federal Government has directed all its foreign missions abroad to commence a 48-hour visa issuance regime for those willing to do business with Nigerians. It said the bottlenecks associated with visa issuance in all its foreign missions should be discontinued in order to make it easy ...
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Osinbajo, Saraki, Dogara meet on economy, 2017 budget
Olalekan Adetayo, Abuja The Acting President, Yemi Osinbajo, and some ministers on Tuesday met with the leadership of the National Assembly on the nation’s economy currently in recession as well as the 2017 Appropriation Bill currently being debated by federal lawmakers. Those who attended the meeting that took place inside ...
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ASCSN threatens to shut down NHIS offices
Friday Olokor, Abuja The Association of Senior Civil Servants of Nigeria, an affiliate of the Trade Union Congress of Nigeria, in Abuja, on Tuesday handed down a 21-day ultimatum within which the management of National Health Insurance Scheme, should reverse its “illegal secondment of staff,” or risk a shutdown of ...
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‘Safety culture in manufacturing poor’
A group, NFPAWA , has decried the low level of safety culture in manufacturing companies in the country. It said time has come for organisations take the issue of safety seriously. Its Programme Director, Antonia Beri, who spoke in Lagos yesterday, said the manufacturing sector has become very important to the ...
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Turning cassava waste to wealth
The food industry has been making an impact because of its potential for value addition. Like food waste and animal feed, cassava peels have the potential of becoming big business.DANIEL ESSIET reports ost farms in Ilero in Kajola Local Government Area of Oyo State are full of cassava. The crop ...
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Historic commitment from African heads of state to advance immunization
Source: African Union, World Health Organization Country: Ethiopia, WorldOne in five children in Africa still does not receive basic life-saving vaccines and, as a result, vaccine-preventable diseases continue to claim too many lives.31 January 2017, Addis Ababa, Ethiopia – Today, Heads of State from across Africa endorsed the Addis Declaration on ...