• First Bank, UBA, Fidelity, Ecobank sell forex to 350 BDCs

    Not less than four commercial banks yesterday disbursed the first batch of Diaspora inflow-related foreign exchange (forex) to over 350 bureaux de change (BDCs), it was learnt. First Bank, United Bank for Africa (UBA) Plc, Fidelity Bank Plc and Ecobank Nigeria Limited, sold the regulatory $30,000 weekly to each of ...

  • Nigeria Blues

    The negative trend of Nigeria’s economy is unlikely to reverse in the near future. This is not because the prediction is my desire, prayer or I am an opponent of the government’s effort to tame corruption, but the visible writing on the wall points to more economic woes. Oil prices ...

  • Dream Team Tackles Denmark For Semifinal Ticket

    Nigeria’s Dream Team V1 trade tackles the Dark Horses of Denmark today for the quarterfinal clash of the ongoing 2016 Rio Olympics men’s football tournament. The Nigeria’s squad is the biggest shocker in the tournament as the team was not favored to go past the group stages during pre-Olympic predictions. ...

  • Shell Nigeria declares second force majeure in four days

    ’Femi Asu The Shell Petroleum Development Company of Nigeria Ltd on Friday declared force majeure on exports of Bonny Light, Nigeria’s reference crude oil grade, the second time in three months. This is coming four days after the oil major declared force majeure on gas supply to the Nigeria LNG’s ...

  • Court Dissolves 4-year-old Marriage Over Missing Placenta

    The Mapo Customary Court in Ibadan, on Friday dissolved a four-year-old marriage between Musa Busari and his wife, Kafilat over issues of missing placenta and irresponsibility. President of the court, Mr Ademola Odunade, held that there was little or nothing the court could do on the matter as evidence had ...

  • “Me quiso sacar los ojos y luego me golpeó la cabeza con una plancha”Yuseli tiene siete meses de embarazo y su parjea la golpeó y la quemó

    <p>Algunas veces el miedo termina por doblegar decisiones que son necesarias para salir de una relación enfermiza. Es un temor que se convierte en esa piedra con la que se tropieza a cada momento en un camino de violencia que podría concluir en muerte. Eso lo sabía Yovana Cartagena Flores, ...

  • New polio cases in northeastern Nigeria underline risks for children in conflict

    Source: UN Children's Fund Country: NigeriaThe Government of Nigeria and WHO have confirmed an outbreak of wild poliovirus in conflict-ridden Borno state, where children are already facing dangerously high levels of malnutrition.NEW YORK, 11 August 2016 – The sobering news that two children have been paralyzed by wild poliovirus in northeastern ...

  • Togo proposes hosting Israeli-African summit in its capital next year

    The announced plans come just two weeks after President Gnassingbe’s brother-in-law, Marcel Alain de Souza, was in Israel and invited Netanyahu to a summit in Nigeria later this year.

  • NHRC wrong to include my name, says Uduaghan

    Former Delta State Governor Emmanuel Uduaghan yesterday accused the National Human Rights Commission (NHRC) of not thoroughly studying the circumstances surrounding the nullification of his 2007 electoral  victory before including his name in the list of poll offenders.  He said, he was wrongly removed by the Appeal Court, adding that ...

  • Empréstimos bancários sobem 248,8% em 10 anos, diz Anefac

    Volume de crédito no Brasil cresceu 248,8% entre junho de 2006 e junho de 2016, passando de R$ 897,5 bilhões para R$ 3.130,4 bilhõesMarcello Casal/Agencia Brasil O volume de crédito no Brasil aumentou 248,8% entre junho de 2006 e junho de 2016, passando de R$ 897,5 bilhões para R$ 3.130,4 ...

  • Recession: Why FG Should Take Right Fiscal, Monetary Measures

    An ecomomics expert, Prof. Uka Ezenwe, has advised the Federal Government to take right fiscal and monetary measures to recover the economy from recession. Ezenwe told the News Agency of Nigeria (NAN) in Abuja on Thursday, that such measures would help the country out of the economic crisis. He said ...

  • Africa’s largest economy in dollar terms is SA, following the rand’s improvement

    The rand has gained more than 16% against the dollar since the start of 2016, and Nigeria’s naira has lost more than a third of its value since June

  • TUC to Ogun: pay workers, retirees

    The Trade Union Congress (TUC), Ogun State chapter, has appealed to Governor Ibikunle Amosun to pay civil servants and retirees. Its Chairman,  Olubunmi Fajobi, said the plights of civil servants and retirees in Ogun State have assumed a worrisome  dimension with some of them dying earlier than expected. Fajobi, who ...

  • We can save Nigeria

    Nigeria’s prospects look bleak today. The economy is in serious trouble.  The federal revenue has fallen by as much as 60% in the past year. Oil sales, the pillar of the Nigerian economy, have declined from about two million barrels per day to about 1.2 million barrels. The Niger Delta ...

  • Tax policy ‘ll reduce SMEs’ burdens, says Fed Govt

    The Federal Government is developing a new tax policy that will open the country for business, Finance Minister, Mrs. Kemi Adeosun, has said. She said the new tax system will be easy to understand and reduce tax burden on small businesses. Addressing members of the tax review committee in Abuja ...

  • FG begins review of tax policy

    Ifeanyi Onuba, Abuja The Federal Government on Wednesday began the review of the National Tax Policy with the inauguration of a committee to carry out the exercise. The Minister of Finance, Mrs. Kemi Adeosun, who inaugurated the committee at the headquarters of the ministry in Abuja, stated that the government ...

  • Valencia CF Holds Commercial, Marketing Session For NPFL Clubs

    Nigeria Professional Football League (NPFL) delegation made up of Directors of the League Management Company (LMC), Nigeria Football Federation (NFF) Board members and 11 NPFL Club Chairmen and Managers have been challenged to set clear commercial and sporting objectives for their club with a plan for achieving the vision. The ...

  • YouTube: nadador se presentó con sobrepeso en Río 2016 y sufrió bochornoso final

    Curiosa prueba de natación en YouTube. Los deportistas olímpicos siempre deslumbran con sus impresionantes anatomías. Sus cuerpos son obras de arte, fruto de entrenamientos y disciplina, y sobre todo entre nadadores.   PUEDES VER: En YouTube, clavadista se lanza desde 20 metros de altura y muere tras el impacto | VIDEO   Sin embargo, los ...

  • Nigeria: Govt, Equatorial Guinea to Collaborate On Security, Economy

    [This Day] Abuja -Nigeria and its neighbour in the Central Africa sub-region, Equatorial Guinea, are to strengthen bilateral relations on economic and security issues for the mutual benefit of both countries and their citizens.

  • Banks’ rules stop BDCs from accessing forex

    Banks are introducing stringent rules to ensure that Bureaux De Change (BDCs) do not access the Diaspora funds-related foreign exchange (forex) being canvassed by the Central Bank of Nigeria (CBN), it was learnt yesterday. The CBN had granted approval to authorised dealers who are a gents to approved International Money ...

  • Mass Transit: Instead Of Cash, Uniformed Men Use ID Cards At Terminals

    At toll points and varied mass transit terminals, the law enforcement officials have upped their trade to board the vehicles by use of identity cards,instead of  cash, a situation that has raised great concern from authorities and members of the public. SOLOMON AYADO writes At one of the rail stations ...