Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Why insurance uptake is low in Nigeria, by experts
Lack of trust between the subscribing public and insurance companies and absence of awareness campaign to inform the subscribing public on the benefits of taking policies are reasons insurance has failed in Nigeria, an expert, Prof Matthew Atobe has said. Atobe who is an authority in consumer protection matters, made ...
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Tunde Bakare condemns FG’s forex policy, high interest rates
The Founder of The Latter Rain Assembly and convener of the Save Nigeria Group, Pastor Tunde Bakare, says the Federal Government must change its foreign exchange policy and lower interest rates to get the country out of recession. According to him, the country’s multiple naira exchange rates are confusing and ...
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Oyo targets N107bn IGR to finance 2017 budget
Olufemi Atoyebi, Ibadan The Oyo State Government said the 2017 budget proposal of more than N207bn which was presented to the state House of Assembly was designed not to rely on statutory allocation from the Federation Account. While giving the budget analysis, the state Commissioner for Finance, Abimbola Adekanmbi, said ...
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Nigeria’s oil exports face fresh disruption
’Femi Asu The nation’s crude oil production and export have hit a fresh snag following the shutdown of the Trans Niger Pipeline, one of two major pipelines transporting the Bonny Light crude grade for export. The TNP, which is operated by Shell Petroleum Development Company of Nigeria Limited, was shut ...
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Obayemi: RCCG’s new ‘Daddy GO’
Arukaino Umukoro Like his Biblical namesake, Pastor Joseph Obayemi has been given a huge mandate from the fringes to lead a generation of faithful in the Redeemed Christian Church of God. Before January 7, Obayemi was the Special Assistant on Finance to the man he replaced as General Overseer of ...
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Will National Dev. Bank consume BoI, NEXIM, others?
There are fears that the takeoff of the National Development Bank of Nigeria later this month will naturally lead to the exit of the existing development finance institutions like the Bank of Industry, Nigeria Export-Import Bank and many others. Ibrahim Apekhade Yusuf in this report examines the clear and present ...
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Akufo-Addo takes oath as Ghana’s new president
•A new dawn has come, says Tinubu in congratulatory message Accra- Before a roaring crowd including local and foreign guests ,Nana Akufo-Addo yesterday took office as Ghana’s fifth president, promising to stamp out government corruption and kick start the private sector. The 72-year-old former human rights lawyer declared that being ...
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Forex Responsible For Kerosene Price Hike – IPMAN
Olanrewaju Okanlawon, a factional Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), in Kwara has ascribed the recurring hike in the price of kerosene to the unstable foreign exchange occasioned by the lingering economic recession. Mr. Okanlawon told the News Agency of Nigeria (NAN) in Ilorin on Saturday ...
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Forex responsible for kerosene price hike – IPMAN
A factional Chairman of the Independent Petroleum Marketers Association of Nigeria, in Kwara, Alhaji Olanrewaju Okanlawon, has ascribed the recurring hike in the price of kerosene to the unstable foreign exchange occasioned by the lingering economic recession. Okanlawon said on Saturday that the association should not be blamed for the series ...
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Metrobús: Máquinas ya estarán en pista
A partir de la próxima semana se iniciarán las obras del tramo central del Metrobús en la zona del Campus de la UNA, ya con maquinarias sobre la ruta 2 Mariscal José Félix Estigarribia. Así anunció ayer el gerente del Programa de Reconversión Urbana, Modernización del Transporte Público Metropolitano y ...
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No increase in tariff on food items, luxury goods –FG
Ifeanyi Onuba, Abuja The Federal Ministry of Finance on Friday said it had not increased the import duties on food items and other luxury goods. The ministry, in a statement issued by its Director of Information, Salisu Dambatta, said that contrary to some media reports that the duties on such ...
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With govt protection, music can bail Nigeria out of recession –Tony Okoroji
Chief Tony Okoroji, Chairman, Copyright Society of Nigeria in this interview with ERIC DUMO talks about the need for Nigeria to look at the creative industry for the much desired buoyant economy Piracy is still a big issue in Nigeria, how is COSON tackling this perennial problem? The nature of ...
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No increase in tariff on food items, luxury goods –FG
Ifeanyi Onuba, Abuja The Federal Ministry of Finance on Friday said it had not increased the import duty on food items and other luxury goods. The ministry in a statement issued by the Director of Information, Salisu Dambatta, said that contrary to some media reports that tariffs on such items ...
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External reserves rise further to N26.2bn
Oyetunji Abioye The country’s external reserves rose to $26.2bn on January 4, 2017, up from $25.8bn on December 30, 2016, the latest data from the Central Bank of Nigeria showed on Thursday. The data also showed that the foreign exchange reserves ended last year with $25.84bn balance on December 30, ...
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Eagles vs Lions clash: Oyongo, Bassagog fire warning shots
Super Eagles players and their technical crew may have to keep an eye on indomitable Lions duo of Ambroise Oyongo and Christian Bassogog ahead of the World Cup qualifiers in August. The duo who will be on duty for Cameroon at the 2017 Afcon in Gabon have continued ...
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Buratai Tell Soldiers To Be Vigilant In spite Of Boko Haram Defeat
The Chief of Army Staff, Lt.-Gen. Tukur Buratai has charged personnel of the Nigerian Army to remain vigilant in spite of the defeat of the Boko Haram terrorists in the North East. Buratai spoke on Friday when he led officers and men on a new year 10km route match exercise ...
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Ganduje signs 2017 budget of N217.9bn into law
Ted Odogwu, Kano Governor Abdullahi Ganduje of Kano State on Thursday assented to the 2017 budget of N217.9bn. Speaking after signing the budget, Ganduje said it was increased by the state’s House of Assembly by N8bn. He, however, said the Assembly followed due process before taking the action by consulting ...
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Onazi, Omeruo Eagles places threatened
Festus Abu Trabzonspor holding midfielder Ogenyi Onazi and on-loan Alanyaspor defender Kenneth Omeruo are in danger of losing their Super Eagles’ places as Nigeria coach Gernot Rohr is allegedly set to slam the door on players plying their trade in the Turkish Super League. Already, Rohr is working behind the ...
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Why police raided Patience Jonathan’s Abuja house
Chukwudi Akasike and Adelani Adepegba Abuja Operatives of the Nigeria Police Force were said to have raided the house of Dame Patience Jonathan, the wife of former President Goodluck Jonathan, in Abuja on Wednesday, with the aim of uncovering huge foreign currencies allegedly kept in the building, The PUNCH learnt ...
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Lagos Assembly okays death for kidnappers
Sesan Olufowobi The Lagos State House of Assembly has passed the bill seeking to check kidnapping in the state with stiff penalties, including death sentence for convicts. The Assembly on Thursday passed the bill – Bill for a Law to Provide for the Prohibition of the Act of Kidnapping and ...
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Assembly okays death penalty for kidnappers
The Lagos State House of Assembly yesterday okayed death penalty for offenders as it passed the Anti-kidnapping Bill into law. Tagged “A bill for a law to provide for the prohibition of the act of kidnapping and for other connected purposes”, it will become law after Governor Akinwunmi Ambode’s assent. ...