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’s rate hike more bitter than sweet, say analysts
The increase in benchmark interest rate by 200 basis points by the Central Bank of Nigeria (CBN) on Tuesday would further burden the real sector and could worsen the volatility at the equities market. But the increase appeared targeted as support for the tottering foreign exchange management to woo foreign ...
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Naira Hits New Low Of N334/$ Despite Rate Hike
One day after the Central Bank of Nigeria (CBN) hiked benchmark interest rates to attract foreign portfolio investments, the value of the naira dipped to a new low of N334 to the dollar as demand for foreign currency soared. The Monetary Policy Committee of the CBN had decided against holding ...
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FICAN Trains Journalists On Financial Markets, Instruments
As part of efforts to enhance capacity of reporting the new foreign exchange structure, the Finance Correspondents Association of Nigeria (FICAN) is organizing series of training sessions for its members. The first edition of the series on the foreign exchange market is expected to hold this Saturday, July 30th, with ...
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Endesa prevé una recuperación del precio de la electricidad y recomienda a sus clientes ir a mercado
El consejero delegado de Endesa, José Bogas, pronostica una recuperación de precios en el mercado mayorista de electricidad, o 'pool', tras las fuertes bajadas en el primer semestre del año y asegura que la compañía está "intentando convencer a los clientes" de las ventajas de cambiar su contrato regulado de ...
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Economía/Energía.- Endesa prevé una recuperación del precio de la electricidad y recomienda a sus clientes ir a mercado
br /> MADRID, 27 (EUROPA PRESS) El consejero delegado de Endesa, José Bogas, pronostica una recuperación de precios en el mercado mayorista de electricidad, o 'pool', tras las fuertes bajadas en el primer semestre del año y asegura que la compañía está "intentando convencer a los ...
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Lake Chad Basin: Nigeria is bearing the brunt of the crisis - UN humanitarian chief
Source: UN Office for the Coordination of Humanitarian Affairs Country: Cameroon, Central African Republic, Chad, Niger, NigeriaThe means to support the humanitarian response in northeast Nigeria, and throughout the Lake Chad Basin, does not match the staggering scale of need: Humanitarian Response Plans are under-funded. Mr. President, Thank you for the opportunity ...
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How Nigeria can survive economic recession – Group
Ifeanyi Onuba, Abuja The Centre for Social Justice on Wednesday listed some of the actions that could be taken by the Federal Government to steer the economy out of the looming recession and reposition it to the path of growth. A recession is defined as a significant decline in activities ...
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Education: Cure for Poverty
Osundare Israel In a country of half paralyzed economy system, we can say education is basically the closest, cure for poverty in the world today, it plays a key role in helping eradicating poverty, as a result of the poor quality of education, it has happened that the level of ...
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Bringing marketplace tools to governance
Lekan Sote Nigeria, an emerging economy that should embrace the norms of the marketplace, runs its government with dinosaur administrative procedures. This has fouled up the finances of most state governments and they can’t pay their workers’ salaries. They ask the Federal Government, that admits to paying its own workers’ ...
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Reps seek EFCC’s probe of Jibrin for budget padding
Ex-Appropriation chair asks Dogara to clear name The Budget 2016 padding scandal rocking the House of Representatives deepened yesterday, with the leadership asking the Economic and Financial Crimes Commission (EFCC) to probe the sacked Appropriation Committee chairman Abdulmumin Jibrin. The probe, it said, should start from when he was chairman ...
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NNPC Will Collaborate With NLNG On Hydrocarbon Value Chain – Baru
Dr Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), has assured collaboration with the Nigerian Liquefied Natural Gas (NLNG) to promote business interest in the hydrocarbon value chain. This is contained in a statement signed by Alhaji Garba Deen Muhammad, NNPC Group General Manager,Group Public Affairs Divisio, in ...
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Nigeria: Investments - Union Leaders Seek Special Recognition for Dangote
[Daily Trust] The global organised labour under the aegis of African Industrial Global Union has commended the president of Dangote Group, Alhaji Aliko Dangote, for his investment patriotism in Africa.
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Nigeria: Iranian Investors Scout for Potential Business Opportunities
[This Day] Abuja -Not less than 70 Iranian investors and businessmen are presently in Nigeria scouting for potential areas to put their resources.
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Budget scam: Buhari must be vigilant, says Obasanjo
‘Let’s get men of integrity as lawmakers’ Dogara’s camp, Jibrin trade accusations Former President Olusegun Obasanjo yesterday spoke on the budget padding crisis rocking the House of Representatives, saying the accusations vindicated his position on the lawmakers’ conduct. He advised President Muhammadu Buhari to be vigilant. The former President spoke ...
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Forex restrictions adversely affected economy, Fed Govt laments
The Federal Government yesterday lamented that the foreign exchange restrictions by Central Bank of Nigeria (CBN) in the first half of this year adversely affected the economy. Minister of Budget and National Planning Udoma Udo Udoma, who spoke at the stakeholders’ consultative forum on the 2017- 2019 medium term expenditure ...
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We Are Learning The Hard Way On The Economy – PMB
President Muhammadu Buhari yesterday, in Abuja, said the federal government was working assiduously to ameliorate the challenges faced by the Nigerian economy within a short period, by understudying the experiences of countries like Iran who thrived in adversity. Receiving a Special Envoy from the President of Islamic Republic of Iran ...
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Greedy politicians causing workers’ hardship – NLC
The Nigerian Labour congress (NLC) on Monday said greed by political office holders has continued to create hardship for workers in the country. The president of the congress, Mr. Ayuba Wabba, stated this at the International Trade Union Congress (ITUC-Africa) Regional Conference on “Advancing Decent Work in Global Supply Chain ...
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Greedy Politicians Creating Hardship For Workers – Wabba
The President of the Nigerian Labour congress (NLC), Mr Ayuba Wabba, has said that greed by political offices holders has continued to create hardship and exploitation of workers in the country. Wabba said this at the International Trade Union Congress (ITUC-Africa) Regional Conference on “Advancing Decent Work in Global Supply ...
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FG Remains Committed To Social Security – Ngige
The Federal Government on Monday renewed its commitment to providing social security to enhance all members of the working across the country. The Minister of Labour and employment, Sen. Chris Ngige, said this at the ongoing International Trade Union Congress (ITUC-Africa) Regional Conference on “Advancing Decent Work in Global Supply ...
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U.S. Trains 100 Nigerian Officials On Implementation Of Cyber-crime Law
The U.S. on Monday in Abuja commenced the training of 100 Nigerian public officials on the implementation of Nigeria’s cybercrime law. In the first week, U.S. government officials will train over 50 Nigerian investigators and prosecutors to strengthen cybercrime first responder and digital evidence skills. The training will also review ...
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Economic Recovery: We Are Learning The Hard Way – PMB
President Muhammadu Buhari on Monday in Abuja said the Federal Government is working assiduously to ameliorate the challenges faced by the Nigerian economy within a short period by understudying the experiences of countries like Iran who thrived in adversity. Receiving a Special Envoy from the President of Islamic Republic of Iran ...