Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Minister Hails Editors, Harps On Balanced Reportage
The Minister of Information, Alhaji Lai Mohammed, has commended the Nigerian Guild of Editors (NGE) for being part of the ongoing determined efforts to tackle the various challenges facing the country, especially in the area of the economy. Speaking at the All Nigerian Editors Conference (ANEC) 2016 in Port Harcourt ...
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Economía de América Latina se alista a crecer tras un ajuste, según analistas
El presidente en Brasil del Credit Suisse, José Olympio Pereira, aseguró que la región, especialmente su mayor economía, vive una de las peores crisis en varias décadas.
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Kano Govt. suspends director, sacks 9 officials over alleged fraud
Kano State Government has sacked nine officials of the state Ministry for Local Government over alleged fraud. Similarly, the government has suspended a director with the Ministry of Finance over the same offence. A statement signed by Mustapha Fagge, the Public Relations Officer in the office of the Head of ...
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Customs Agents To Shut Down Ports Over Hike In Duty
The Association of Nigerian Licensed Customs Agents (ANLCA), has threatened to shut down the nation’s ports over 43 per cent hike in customs duty. President of the association, Alhaji Olayiwola Shittu, told the News Agency of Nigeria (NAN) on Thursday in Lagos. Shittu said that the association condemned in totality ...
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Private sector downturn eased in July – Stanbic IBTC
Stanley Opara The downturn of Nigeria’s private sector showed signs of easing in July as both output and new business fell at slower rates, having dropped to the greatest extent in the June, according to Stanbic IBTC Bank Nigeria Purchasing Managers’ Index. The survey revealed that growth of employment and ...
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Recession: Economists advise FG to boost exports
Ifeanyi Onuba, Abuja Economists on Wednesday called on the Federal Government to stimulate the level of exports of goods and services in order to take the country out of recession. The economists said at a monthly round-table in Abuja on the Nigerian economy that while the country had enough resources ...
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Businesses stumble in the face of recession (II)
Since FMN imports the bulk of its raw materials (particularly wheat), the adoption of a more flexible exchange rate regime by the CBN and the consequent downward shift in the naira exchange rate to around N295 per dollar from N197.50 previously, severely impacted its cost of sales and was the ...
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‘I shared Diezani’s N23b poll cash among Northeast states’
Former Finance Minister Mrs Nenadi Usman has shed light on how she shared N23 billion among Northeast states at the instance of former Petroleum Resources Minister Mrs Diezani Alison-Madueke for the prosecution of last year’s presidential election. She told Economic and Financial Crimes Commission (EFCC) detectives that Alison-Madueke gave her ...
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I Became Head Of State By Accident Of History – Gowon
Former Head of State, retired Gen. Yakubu Gowon says he became Head of State 31 years ago by accident of history without nursing the ambition. Gowon stated this when Deputy Chairman of Senate Committee on Foreign Affairs, Sen. Shehu Sani, paid him a courtesy call in Abuja on Wednesday. Gowon ...
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Nigeria: Togolese Govt, Dangote Explore Partnership in Petrochemicals, Gas Investment
[This Day] The Republic of Togo and Dangote Group on Tuesday began exploring opportunities of investment in the petrochemical industry and other arms of the oil and gas sector.
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Nigeria: Dangote Refinery Confirms Lagos As Prime Investment Destination - Ambode
[Vanguard] Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday said the largest single line refinery in the world being developed at the Lekki Free Trade Zone (LFTZ) by Africa's richest man and business mogul, Alhaji Aliko Dangote is another confirmation that Lagos is a prime investment destination, saying that the ...
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LAMATA, Japan to build $1bn Lagos urban rail
Tobi Aworinde The Lagos State Government says it will partner the private sector, speficically Japan International Cooperation Agency, to construct a $1bn urban rail line. The state Commissioner for Transportation, Dr. Dayo Mobereola, said this during a seminar by the Lagos Metropolitan Area Transport Authority in conjunction with the Japanese ...
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NDLEA seizes N1.78b hard drug in Anambra
The National Drug Law Enforcement Agency (NDLEA) in Anambra State has arrested a 31-year-old man, Vincent Chidiebere, for allegedly peddling hard drug worth N1.78 billion. Addressing reporters in Onitsha yesterday, the Commander, Mr. Sule Momodu, said the suspect was arrested in Awka, the state capital, on July 28 with methamphetamine ...
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Why Oyo, Ekiti, Kwara, others can’t access N64.8b UBE cash
To enable them access the N64.8 billion Universal Basic Education (UBE) funds with ease, the 36 governors have started to lobby President Muhammadu Buhari to amend the Universal Basic Education Act 2004. The governors are demanding amendment to a clause in the law which makes it compulsory for every state ...
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AMCON to lease seized property to bridge funding gap
The Asset Management Corporation of Nigeria (AMCON) may introduce the “real-estate investment scheme” by the end of the year to raise money to meet its bond repayments, its Chief Executive Officer Ahmed Kuru has said. Kuru told Bloomberg that the agency plans to sell the properties when the economy improves ...
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A Brief On New Chief Executives Of Education Agencies As They Assume Duty
The Federal Ministry of Education, yesterday in Abuja, inaugurated the newly appointed heads of 17 parastatals and agencies under its purview at the Federal Secretariat, Abuja. President Muhammadu Buhari had approved the appointment of the 17 new chief executives of parastatals and agencies under the Federal Ministry of Education on ...
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Nigeria: FG to Provide Enabling Environment for Investors
[Guardian] The Minister of Trade and Investment, Dr Okechukwu Enelama, has announced the approval of the Presidential Business Enabling Environment Council chaired by the Vice President, Prof. Yemi Osinbajo.
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Parente defende regras estáveis para investimentos no setor de petróleo
O presidente da Petrobras, Pedro Parente, defendeu hoje (1º) a estabilidade das regras do setor de petróleo, classificando de “absolutamente fundamental” para a indústria, que se caracteriza por investimentos elevados com prazo longo de retorno de até 15 anos, após aplicar recursos e começar a fazer perfurações à procura do ...
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Acordo Brasil e EUA pode ampliar para 10% participação no mercado agro mundial
Ao assinar acordo para exportação de carne bovina in natura para os Estados Unidos, o Brasil terá acesso a outros mercados, além do norte-americano, uma vez que o critério para a abertura desses mercados é a aceitação do produto brasileiro pelas autoridades sanitárias dos EUA. Segundo o ministro da Agricultura, ...
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TUC issues ultimatum to Oyo over unpaid salaries
•Union condemns govt, NLC deal oyo State Trade Union Congress (TUC) has issued a five-day ultimatum to the state government to “immediately offset” a backlog of eight months’ unpaid salaries to workers. Its Chairman, Comrade Andrew Emelieze, issued the warning in Ibadan following the expiration of the period offered to ...
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Cutting cost in Internet of Things (IoT) era
When implementing an Internet of Things (IoT) application, a platform solution with the right partner can save users 33 per cent over self-built infrastructure. What if we took all the data coming out of our everyday devices and connect them? This means we can cook at home using our mobile ...