Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Senate Approves N215.8bn 2022 Budget For FIRS
Senate has approved the sum of N215.8 billion naira as budget for the Federal Inland Revenue Service (FIRS) for the 2022 fiscal year. The approval followed the consideration of a report by the Committee on Finance during plenary. The chairman of the Committee, Senator Solomon Olamilekan Adeola (Lagos West), in ...
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Menace Of Crude Oil Theft
Recent media reports claim that Nigeria lost not less than $3.5 billion revenue to crude oil theft in 2021 alone, representing about 10 percent of the country’s foreign reserves. An earlier report had also indicated that Nigeria lost almost 200 million barrels of crude in the first 11 months of ...
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Federal Govt Projects N3trn Budget For Fuel Subsidy In 2022
The federal government is proposing a N3trillion budget to meet the funding provisions of the incremental fuel subsidy request in the 2022 budget. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this on Wednesday after the federal executive council (FEC) meeting presided over by President Muhammadu Buhari ...
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Family Of Slain Police Officer Seeks IGP Intervention
The family of slain Inspector Michael Adama has called on the inspector-general of police, IGP Alkali Baba, to investigate the murder of their son, who was killed while on duty in Enugu State. Speaking to LEADERSHIP in Abuja on behalf of the family and youths of Ette community, Enugu State, ...
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387 Lives Lost In 2 Kaduna LGAs In 2 Years – El-Rufai
Kaduna State governor, Malam Nasir El-Rufai, on Wednesday, has revealed that 387 lives were lost to armed attacks among Atyap, Fulani, Chawai, Irigwe and Hausa communities in Kauru and Zangon Kataf local government areas of the State in the law two years. The governor also reiterated his call to communities ...
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NLNG Seeks Mid/Downstream Regulator’s Partnership To Boost Gas Supply, Investment
Chief executive officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has assured the Nigerian Liquified Natural Gas (NLNG) of the Authority’s readiness to partner with towards solving Nigeria’s energy challenges and increase gas use in cooking, transportation and power generation. Ahmed gave the assurance in Abuja ...
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Dangote Group: The Widening Impacts Of A Conglomerate
Dangote Group’s successful and growing businesses have been making significant contributions to Nigeria’s economic growth. The group’s investments in the productive sectors have also served to create high numbers of direct and indirect jobs while reducing the dependency of the nation on the importation of consumer products to meet local ...
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I Have No Case With EFCC Linked To Diezani, Says Ikpea
Business mogul, Chief Leemon Ikpea, has refuted the report in a national daily (not LEADERSHIP) that he is being investigated by the Economic and Financial Crime Commission (EFCC) over alleged fraudulent transaction with the former minister of petroleum resources, Diezani Alison-Madueke. Addressing a press briefing in Lagos, Ikpea, who is ...
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Health Insurance: 400% Tariff Increment ill-timed – HMO
A member of the governing council of the Nigeria Employers’ Consultative Association (NECA), Mr. Lekan Ewenla, has described the over 400 percent proposed tariff increment and the threat to shutdown the service of private health insurance programme by the Association of General and Private Medical Practitioners of Nigeria (AGPMPN) as ...
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Confiança do empresário do comércio sobre 1,4% em janeiro, diz CNC
O otimismo dos comerciantes se manteve em alta pela segunda vez consecutiva. O Índice de Confiança do Empresário do Comércio (Icec) subiu 1,4% em janeiro e atingiu 121,1 pontos, em uma escala que vai de zero a 200. Segundo a Confederação Nacional do Comércio de Bens, Serviços e Turismo (CNC), que ...
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JUST-IN: Buhari Launches 5G Policy, Directs Security Agencies To Leverage Technology
President Muhammadu Buhari on Tuesday in Abuja directed all the security institutions to immediately leverage Fifth Generation (5G) technology, when deployed, to enhance security in the country. Launching the National Policy on 5G for Nigeria’s Digital Economy, the President in a statement by presidential spokesman, Femi Adesina, said the Federal ...
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Firm Threatens To Sue FCT Minister Over Demolished Property
A firm, Avastone Global Service Limited has threatened legal action against the minister of the Federal Capital Territory (FCT), Mohammed Bello, over alleged illegal demolition of its properties on Plot 1,186 Katampe Extension, Abuja, despite a valid and subsisting judgement of a competent court of law. The firm gave the ...
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Uquo Field Gas Sale Raises Savannah Oil Revenue To $230m
Nigerian gas-focused company, Savannah, has disclosed an increased revenues by 7 per cent to $230.5 million in 2021. The firm in November commenced gas sales from its Uquo field in Nigeria under a new contract. The London-listed company said cash balance increased 46 per cent to $154.3 million over the ...
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EFCC Re-arraigns Fani-Kayode, Others For Money Laundering
The Economic and Financial Crimes Commission (EFCC), on Monday, re-arraigned a former Minister of Aviation, Femi Fani-Kayode, before the Federal High Court in Lagos for allegedly laundering N4.6billion. Fani-Kayode was re-arraigned before Justice Daniel Osaigor by the EFCC alongside a former Minister of Finance, Nenadi Usman, and two others on ...
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BREAKING: Federal Gov’t Suspends Planned Fuel Subsidy Removal
The Federal Government has announced the suspension of the planned removal of petrol subsidy earlier slated for June this year. Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, made the revelation during a meeting with the Senate President, Ahmad Lawan, at the National Assembly complex in Abuja on ...
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Clearing Agents Kick Against N4.1bn Revenue Target, Customs Modernisation
Clearing agents operating at the nation’s seaports have described the N4.1trillion revenue target set for the Nigeria Customs Service (NCS) as outrageous, saying, the pressure to meet such target will either reduce or threaten investments by the organised private sector. This was even as the group urged the federal government ...
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More Credit To Smallholder Farmers Key To Boosting Nigeria’s Food Security – Analysts
With Nigeria’s population set to reach 400 million by 2050, unlocking credit for the country’s small holder farmers currently contributing almost 30 per cent of Nigeria’s Gross Domestic Product (GDP) is the game-changer set to ensure Nigeria’s future food security. Analysts at Coronation Merchant Bank, in their monthly economic note ...
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Federal Govt To Commission Kano Data Centre In June
Minister of Communication and Digital Economy, Prof Ali Isa Pantami, has said a 41 Terabyte Data Centre created by the Galaxy Backbone Company of the Federal Ministry of Communication in Kano to cater for the communication needs of the zone will be commissioned in June this year. Patami who gave ...
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NDLEA Storms Abuja Garden, Arrests 6 Over Drug Cookies, Noodles
Operatives of the National Drug Law Enforcement Agency (NDLEA), have arrested six persons for selling drugs and noodles in a popular garden in Abuja. The arrest followed credible intelligence of the activities of drug dealers at the garden located at Wuse Zone 5 behind Shoprite. NDLEA spokesperson, Femi Babafemi, said ...
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Aumento das taxas de juros “vai afetar negativamente” Portugal, considera Teixeira dos Santos
O antigo ministro das Finanças de José Sócrates falou ao JE por ocasião do lançamento do seu novo livro, abordando a trajetória recente da economia e das finanças nacionais, bem como lançando uma perspetiva para o futuro do país.
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‘CBN Export, Import e-Invoicing To Engender Accuracy, Global Standards’
The new Central Bank of Nigeria (CBN) guidelines for the e-Valuator and e-Invoice is set to entrench accuracy and global best practice in exports and imports transactions in the country, the apex bank noted. The e-invoicing, and valuator, which become operational from February 1, 2022 will replace hard copy invoices ...