Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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CBN licenses 11 International Money Transfer Operators
In furtherance of efforts to liberalise the Foreign Exchange (FX) market and ensure adequate liquidity required by forex end users for their productive activities in the nation’s economy, the Central Bank of Nigeria, CBN, yesterday licensed 11 newInternational Money Transfer Operators, IMTOs. The monetary initiative, which now increases the licensed ...
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Economy: Soludo Backs PMB On Emergency Powers
The former governor of the Central Bank of Nigeria (CBN), Charles Soludo, has expressed support for President Muhammadu Buhari’s emergency economic bill aimed at reviving the economy, a report by The Cable has said. Soludo has also proposed to the All Progressivess Congress (APC)-led federal government, a public spending of ...
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Gender inequality costing sub-Saharan Africa US$95 billion a year
Source: UN Development Programme Country: Angola, Benin, Botswana, Burkina Faso, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Comoros, Congo, Côte d'Ivoire, Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, ...
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Nigeria: Be Committed to Nigeria's Economic Development, Osinbajo Urges Investors
[Leadership] The Vice President, Prof. Yemi Osinbajo, on Monday called on both local and foreign investors to be committed to the country's economic development, especially in the payment of taxes as required.
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EXMAN launches certified brand ambassadors’ Programme
The Experiential Marketers Association of Nigeria (EXMAN) has launched a programme tagged the Certified Brand Ambassadors’ Programme. At a launch attended by over 40 EXMAN Agency personnel in Ikeja, the President of EXMAN, Dr. Rotimi Olaniyan traced the importance of Project Personnel called Brand Ambassadors in the Experiential Marketing/Client Management ...
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Rooney to quit England duty in 2018
England record scorer, Wayne Rooney, will retire from international football after the 2018 World Cup in Russia. The Manchester United forward spoke to the media after new England manager, Sam Allardyce, confirmed he would retain the 30-year-old as his captain. “Come Russia I feel that will be the time to ...
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External reserves rise by $595m in five days
’Femi Asu The nation’s foreign exchange reserves have increased by $595m to hit a one-month high of $26.196bn, the latest data from the Central Bank of Nigeria have shown. This came on Monday just as the naira traded around 412- 413 against the United States dollar at the parallel market, ...
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Gobierno de Nicaragua envía nuevo contingente de médicos a ruta canalera
El proyecto del canal consiste en una vía húmeda de 276 kilómetros de longitud, de 230 a 280 metros de ancho, e incluye dos puertos, un aeropuerto, dos lagos artificiales, dos esclusas, un área de libre comercio y complejos turísticos, entre otros.
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Rep urges Fed Govt to stimulate economy with e-procurement
The National Assembly said President Muhammadu Buhari could actually use the electronic procurement, or e-procurment system to stimulate economic development of the country instaed of seeking emergency powers to do so. The Chairman, House of Representatives Committee on Procurement, Dr Oluwole Oke, who stated thi while addressing a gathering of ...
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CPC urges compliance with guarantee, warranty policy
The Director-General, Consumer Protection Council (CPC), Mrs. Dupe Atoki, has urged businesses to live up to the specified guarantee and warranty policy for the products and services they offer. Mrs. Atoki, who addressed key industry operators in automobile, electrical/electronics, heavy duty equipment, online markets and superstores subsectors of the economy ...
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Govt’ll improve ease of doing business, says Osinbajo
The Federal Government is putting things in place to move Nigeria from a ranking of 169 out of 189 countries in the World Bank ease of doing business to at least 20 spaces in the coming ranking. Vice President, Yemi Osinbajo who stated this yesterday in Abuja, said the Federal ...
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Jimoh Ibrahim emerges Ondo PDP guber candidate
Group Managing Director, Energy Group, Barrister (Dr.) Jimoh Ibrahim, CFR, was yesterday in Ibadan, elected the Ondo State Peoples Democratic Party, PDP, gubernatorial candidate for the November 26 election. The Igbotako-born business mogul and politician emerged victorious with 502 votes in the gubernatorial primaries election conducted at the Banquet Hall, ...
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FG wants to sabotage N56,000 minimum wage, NLC alleges
Nigeria Labour Congress, NLC, yesterday alleged of plans by the Federal Government to scuttle the implementation of the N56,000 new minimum wage submitted to it. Labour, comprising NLC and the Trade Union Congress of Nigeria, TUC, had on April 26, 2016, proposed a new minimum wage of N56,000. The unions ...
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ABCON bemoans inadequate forex allocation to members
Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON) has decried the poor compliance of banks to the sale of foreign exchange to its members and also solicited Central Bank of Nigeria’s (CBN’s) intervention on the issue. Gwadabe said, in a telephone interview, that only about nine ...
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Niger Delta Avengers to Buhari: no more attacks
Presidency hopes peace move sincere Army deploys more troops, tanks Ijaw youths advise govt not to use force There is good news from the Niger Delta. The militants whose attacks have caused a huge dip in Nigeria’s oil exports, forcing the economy into a big crisis, said last night that ...
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Fed Govt earns N677.8b in second quarter, says CBN
FACTS AND FIGURES •Forex inflow $5.89b •Forex outflow $6.09b •Banks’ assets/liabilities $31.23tr •Non-oil export dropped 20.4% •Inflation rate 16.5% Federal Government retained revenue for the second quarter of this year stood at N677.88 billion, the Central Bank of Nigeria (CBN) Economic Report for the second quarter released yesterday said. According ...
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Fayose signs bill to try herdsmen for terrorism
•Governor signs Anti-Grazing Bill into law EKITI State Governor Ayo Fayose yesterday signed a bill to regulate grazing, into law, with a warning that any herdsman caught with arms will face charges of terrorism. The governor said the law would curtail activities of suspected herdsmen, who move about with firearms, ...
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AU To Partner NYSC On Skills Acquisition For Youths
The Africa Union (AU) has indicated its willingness to partner the National Youth Service Corp (NYSC) in skills acquisition for youths in Nigeria. The AU Envoy in Nigeria, Dr Tunji Asaolu, gave the indication on Monday in Abuja when he paid a courtesy visit to the Director- General of NYSC, ...
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Be committed to Nigeria’s economic development, Osinbajo urges investors
The Vice President, Prof. Yemi Osinbajo, on Monday called on both local and foreign investors to be committed to the country’s economic development, especially in the payment of taxes as required. Speaking at the 5th International Mining Investment Conference (IMICON) and Exhibition in Abuja, Osinbajo emphasised the need for investors ...
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Tarifas: quiénes integran el "consejo consultivo" que colaborará con Juan José Aranguren
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Nigeria: Lack of Investors' Confidence Responsible for Economic Challenges - LCCI
[Vanguard] Lagos Chamber of Commerce and Industry, LCCI, yesterday, blamed the current lull in Nigerian economy on inability to regain the confidence of investors, both local and foreign, which had resulted in uncertainty in foreign exchange market.