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Nigeria
CBN introduces ‘Form X’ for SMEs, naira closes at 410/$
Oyetunji Abioye The Central Bank of Nigeria has introduced “Form X” for the Small and Medium-scale Enterprises seeking to purchase foreign exchange from the apex bank. The CBN said the decision was part of its commitment to increase forex liquidity and improve access by the SMEs and retail businesses to ...
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Marocco
‘Dangote’ll be largest rice exporter in five years’
The President, African Development Bank, Dr. Akinwumi Adesina, says billionaire businessman, Aliko Dangote, may become the largest exporter of rice in the world by 2021. Speaking at the Mo Ibrahim Forum in Morocco over the weekend, Adesina said Africa must focus on agriculture to drive growth and create jobs on ...
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Nigeria
FG to recover 53,000 ghost workers’ pensions
Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, has said her ministry is working with the National Pension Commission to recover the pensions so far paid into the Retirement Savings Accounts of ghost workers. She said since the establishment of the Presidential Initiative on Continuous Audit in March ...
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Nigeria
PDP chieftain, group seek job creation through waste
Afeez Hanafi A civil society group, Centre for Democracy and Socio Economy Rights (CEDESER), and a chieftain of the Peoples Democratic Party, Yakubu Aromasodu, have advised the Lagos State Governor, Akinwunmi Ambode, to create jobs for residents through the waste management policy. Aromasodu, who also lauded the Cleaner Lagos Initiative ...
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Nigeria
IMF: Global economy to grow by 3.5 per cent
•Forecasts 3.6% for 2018 The Global economy is expected to grow by 3.5 per cent this year, and would edge higher to 3.6 per cent by 2018, the International Monetary Fund (IMF), forcasts have indicated. The world financial body in a release yesterday by its Economic Counsellor and Director of ...
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Russia USA Italia
Trump effect on French election: Anything is possible
The impossible is now possible, French far right presidential candidate Marine Le Pen said in celebration after Donald Trump won the U.S. presidency. But the Trump effect may not bring Le Pen the boost she had once expected.That's in part because Trump has not turned out to be the soul ...
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USA
Man in Facebook killing releases another video to say he 'just snapped'; but is still at large
In a rambling video, Steve Stephens said, "I snapped, I just snapped." But as the manhunt dragged on Monday for the man accused of posting Facebook footage of himself killing a retiree, police were unable to explain what set him off."Only Steve knows that," Cleveland police Chief Calvin Williams said as authorities ...
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Nigeria
How Nigeria Can Curb Building Collapse, Road Failure Challenges
The growing incidences of building collapse in Nigeria in the last 25 years have assumed a very worrisome dimension as many lives are lost and huge investments wasted. Several causes of building failure have been attributed to either natural or man-made phenomena. Surveys carried out have shown that the use ...
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Nigeria
NASS Mulls Legislation To Make Whistleblower Policy Viable
A member in the House of Representatives, Hon. Jide Jimoh has hailed federal government on its whistle blower policy, stressing that the National Assembly is considering making a law that would make the policy stronger. The lawmaker who disclosed this in Lagos while speaking with journalists said President Mohammadu Buhari ...
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Nigeria
Ethiopian Airlines Lands Airbus 8350 In Abuja Today
Ethiopian Airlines says it is landing a brand new Airbus 8350 aircraft at the Nnamdi Azikiwe International Airport, Abuja today to mark the reopening of the airport slated for tomorrow, April 19. The Airline’s Traffic and Sales Manager, Firiehiwot Mekonnen, who disclosed this yesterday, said the aircraft was going to ...