Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Feasibility studies on Lagos-Abidjan road to cost €15m
The Head of EU Delegation, Amb Michel Arrion, says the EU will spend €15m to commence studies on the Lagos-Abidjan link road. Arrion made this known when making a closing remark to mark the end of the 5th EU- Nigeria Business Forum in Lagos on Friday. The theme of the ...
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My wife going abroad with her lover, husband tells court
A businessman, Nurudeen Lawal, on Friday pleaded with the Oja-Oba Sharia Court in Ibadan to dissolve his marriage because his wife allegedly abandoned him to make a foreign trip with her lover. Lawal told the court that his wife of 19 years, Waliat Lawal, abandoned him to follow her concubine, ...
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Naira gains against dollar
The Naira on Friday strengthened against the dollar in all segments of the foreign exchange market. At the interbank market, the currency gained N1.45 to close at N304.75 from N306.50 recorded on Thursday. At the Bureau De Change window, naira exchanged at N385/400 to a dollar, Central Bank of Nigeria ...
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IEBC selection panel receives huge list of 778 applications
Six lawyers and a judge are among 13 applicants to chair the Independent Electoral and Boundaries Commission to prepare for and oversee the 2017 election. IEBC Selection Committee yesterday also released a list of 765 people who have applied for the six commissioners' posts. "As a result of the unprecedented ...
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Senate rejects ‘padded’ N143bn FIRS budget
Leke Baiyewu, Abuja The Senate on Thursday rejected the report by its Committee on Finance in which the N143.7bn budget of the Federal Inland Revenue Service was approved. The lawmakers, while debating the recommendation of the committee during the day’s plenary, criticised the report as lacking details. While some senators ...
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Buhari to launch economic recovery plan next month
Ifeanyi Onuba, Abuja Barring any last minute change in plans, President Muhammadu Buhari will next month launch the National Economic Reconstruction and Growth Plan that will guide the Federal Government in repositioning the economy for sustainable growth. The Minister of Budget and National Planning, Senator Udo Udoma, disclosed this on ...
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‘One million tonnes of smuggled rice heading for Nigeria’
Okechukwu Nnodim, Abuja Smugglers of foreign rice are beginning to flood Nigerian markets with smuggled products as the Yuletide season approaches and have warehoused over one million tonnes of the commodity in neighbouring countries. In October, the Federal Government stated that it had restricted the importation of rice to only ...
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Lagosians consume N3bn foodstuffs daily, says Ambode
Sesan Olufowobi Governor Akinwunmi Ambode of Lagos State says daily consumption of foodstuffs in the state is worth over N3bn. He added that investors in the agricultural sector had a ready market and returns on their investments. The governor spoke at the maiden edition of the Lagos Food Security and ...
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‘Investors trooping to Lagos’
The Lagos State Government on Thursday said foreign investors with a number of new investments were trooping to the state, making it the preferred choice destination for investment. Governor Akinwunmi Ambode stated this at the opening ceremony of EU-Nigeria Business Forum 2016 on the Victoria Island, adding that the state’s ...
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Police not shielding me – Land suit’s defendant
Sesan Olufowobi Mutairu Owoeye, one of the men accused of attacking some communities in the Ibeju-Lekki area of Lagos State, has denied that he is being protected by the police, saying he has not broken any law. He said he was a licensed estate agent and registered with the government, ...
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Senate backs AMCON on debt recovery
Chukwudi Akasike, Port Harcourt The Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Ibrahim, has said that time will soon run out on recalcitrant obligors of the Asset Management Corporation of Nigeria. He said this was because of the renewed commitment of the Senate to build ...
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Despite sharp decrease in measles deaths, nearly 400 children die from disease every day
Source: World Health Organization, Centers for Disease Control and Prevention, UN Children's Fund, GAVI Alliance Country: Democratic Republic of the Congo, Egypt, Ethiopia, Nigeria, Pakistan, Somalia, South Sudan, WorldIn 2015 the Democratic Republic of Congo, Ethiopia, India, Indonesia, Nigeria and Pakistan accounted for half of the unvaccinated infants and 75 per ...
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Nigeria: VP Osinbajo Woos Russian Farmers
[Vanguard] The Vice President, Prof. Yemi Osinbajo, on Thursday, invited Russian farmers to invest in Nigeria, produce and export to Europe to earn foreign exchange.
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Buhari seeks judiciary’s cooperation to battle corruption
President Muhammadu Buhari yesterday swore in Walter Samuel Onnoghen as the Acting Chief Justice of Nigeria (CJN). At the occasion in the Council Chamber of the State House, the President sought the judiciary’s cooperation in the fight against corruption and insecurity. Besides, it should join the efforts to boost the ...
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DSS raids BDCs, arrests dealers selling dollar above N400
Bureau de Change operators have been forced to fix sales of foreign currencies such as dollar, pounds and euros for fear of sanctions by anti-graft agencies and the Central Bank of Nigeria. For the past three days, naira has been changing for N400 to a dollar at the parallel market. ...
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FG will not revoke power sector contracts, says Fashola
The Minister of Power, Works and Housing, Mr Raji Fashola, on Thursday said the Federal Government would not revoke the privatisation of the nation’s power sector. Fashola made the assertion at the 5th European Union (EU)-Nigeria Business Forum with the theme: “Harnessing Nigeria’s Potential for Economic Growth” in Lagos. “The ...
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Ambiguities, duplication of projects mar FIRS’ N143bn budget
Leke Baiyewu, Abuja The Senate on Thursday rejected the report by the Committee on Finance in which the N143.7bn budget of the Federal Inland Revenue Service was approved. The lawmakers, while debating the recommendation of the committee during the day’s plenary, criticised the report as lacking details. While some senators who spoke on ...
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Nigeria: Nigeria Signs Investment Protection Agreement With Singapore
[Daily Trust] The Federal Government has signed an Investment Promotion and Protection Agreement (IPPA) with the government of Singapore.
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Bumper harvest: Kebbi surpasses one million tonnes of rice
The importance of Agriculture to the economy cannot be quantified more especially in the present economic crunch where all other sources of revenue have dwindled. Besides, agriculture is the only dependable activity that could guarantee food security apart from its economic benefits, hence, the federal government saw the need to ...
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‘How to pull economy out of recession’
Members of the All Progressive Congress (APC) in Brazil has suggested that the only alternative and relief for Nigeria economic recession and over dependence in oil is to emulate the success story of Brazil by embarking on Agribusiness venture. The APC Chairman, Brazil, Chief Chukwudi Kenneth Modilim in his opening ...
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Australia, Nigeria partner to develop mining sector
Australia and Nigeria are set to enhance partnerships in the mining sector to promote the sector’s sustainability in line with the Federal Government’s development agenda. According to a statement from the Australian High Commission in Abuja on Thursday, a two-day capacity building workshop on the mining sector would be held ...