-
Nigeria
Adeosun confirms N350bn release for capital projects
Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Monday confirmed the release of the sum of N350bn to Ministries, Departments and Agencies of the Federal Government for the implementation of capital projects contained in the 2017 budget. She confirmed the development exclusively to our correspondent during a ...
-
Nigeria
DMO sets borrowing limit for FG at $22bn
Everest Amaefule, Abuja The Federal Government can borrow up to but not more than $22bn in the 2017 fiscal year, the Debt Management Office has said. The DMO, in its ‘Determination of Borrowing Limit for 2017’ report, stated that the Federal Government could borrow up to 5.89 per cent of ...
-
Nigeria
FG revokes Lagos trade fair complex concession
Eniola Akinkuotu, Abuja The National Council on Privatisation, which is chaired by Vice President Yemi Osinbajo, has approved the immediate revocation of the concession of the Lagos International Trade Fair Complex. The trade fair complex was in 2008 given to Aulic Nigeria Limited as a concession, a move that had ...
-
Nigeria
CBN, IFAD to assist farmers, artisans in Oyo
Olufemi Atoyebi, Ibadan The Federal Government through the Central Bank of Nigeria and the International Fund for Agricultural Development are in partnership to provide support for smallholder farmers and business women in the rural communities. The funding is being done through the Rural Finance Institution-Building programme. The Oyo State Microfinance ...
-
Nigeria
Concessionaire loses Lagos Trade Fair complex
The National Council on Privatisation (NCP) has approved the immediate revocation of the concession of the Lagos Trade Fair Complex and a fresh privatisation of the Yola Electricity Distribution Company. It also approved the privatisation of Afam Power plants 1-5 to inject additional power into the national grid and improve ...
-
Turchia
Why Merkel’s EU threat rings hollow for Turkey
President Recep Tayyip Erdoğan has put his stamp on the German federal elections and drawn Berlin into a fight it never wanted to be a part of. With 3 million expatriate Turks in Germany, most of them avid Erdoğan supporters, and German investments in Turkey worth billions of euros, it ...
-
Turchia
Muğla, Antalya beaches the best in Turkey
Antalya and Muğla are home to Turkey’s best beaches, which offer a holiday opportunity for every taste. They are visited by thousands of local and foreign tourist every year
-
Cina
The data revolution can revive the planned economy
Some, notably in China, think oceans of information will refloat centralised systems
-
USA Argentina
Mexico breaks world record with 3-tonne guacamole
The recipe for a record-breaking guacamole? 25,000 avocados and 1,000 people to mash them. That is what avocado growers in Mexico's Jalisco state mobilied on Sunday to break the world record for the biggest guacamole, a whopping 3 tonnes of delicious dip made from "green gold." The mass mash-up was part ...
-
Turchia
Germany's Merkel insists no place for Turkey in the EU
Germany sought to cool tempers over Turkey's EU accession prospects today after Chancellor Angela Merkel and her Social Democrat (SPD) rival both said in a TV debate the country had no place in Europe, drawing charges of populism from Ankara. The Turkish Foreign Ministry, while making no direct threat to back ...