Un uomo che non sa dire dove la pioggia lo ha colpito non sa neppure dove il suo corpo si è asciugato. Lo scrittore deve dire alla gente dove la pioggia lo ha colpito.
— Chinua Achebe
 Nigeria

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  • Government must stop intellectual property theft — Babatunde

    Mr. Layi Babatunde, a Senior Advocate of Nigeria, is the Editor-in-Chief of Supreme Court Reports published by Lawbreed Ltd. since 1999. He speaks to RAMON OLADIMEJI on the place of law report in legal practice and the challenges he commonly encounters in delivering his mandate, among other issues The Nigerian ...

  • Osinbajo: how to save the economy

    ACTING President Yemi Osinbajo yesterday said hard work and not praying and fasting alone can develop Nigeria’s economy. He said men and women with patriotic zeal built the great economies, adding that they were not spirits. Prof. Osinbajo spoke during an interactive session with senior civil servants on how the ...

  • Foreign investment inflow into Nigeria drops to $908m

    Ifeanyi Onuba, Abuja The Nigerian economy recorded its second lowest investment inflow in 10 years, with the country attracting a total investment of $908.27m in the first quarter of 2017. The $908.27m investment figure, when compared to the $1.55bn that the economy attracted in the fourth quarter of 2016, represents ...

  • Prayer, fast not enough to move Nigeria forward, says Osinbajo

    Olalekan Adetayo and Ifeanyi Onuba, Abuja The Acting President, Yemi Osinbajo, on Wednesday, said no amount of prayer and fast by Nigerians could move the nation forward without hard work. Osinbajo said as a pastor himself, he understood the law of sowing and reaping and knew the implication of leaving ...

  • Leveraging On ICT For Economic Diversification

    by Nkechi Isaac, The diversification of the Nigeria economy has become imperative in the face of dwindling revenue from the oil sector. Stakeholders in the Information and Communication Technology (ICT) sector posits that the sector provides a veritable option for diversifying the nation’s economy because it has the added advantage ...

  • CBN Unveils 36 Items Approves for Forex

    By OLAJIDE FABAMISE, The Central Bank of Nigeria (CBN) has come out with 36 items considered valid for foreign exchange access. In a circular dated May 17, 2017, signed by the director, Trade and Exchange Department of CBN, W. D. Gotring, the bank said it was in response to the ...

  • LUTH workers stage one day protest over poor working conditions

    Workers of Lagos University Teaching Hospital, Idi-Araba, on Wednesday, staged a one-day peaceful protest demanding for improved condition of service and tools. The workers are asking the management of the hospital to address their promotion arrears, shortage of staff and other rights. The workers said the protest followed a directive ...

  • Igbo have invested more in Nigeria than Hausa, Yoruba – Iwuanyanwu

    Chidiebube Okeoma, Owerri Eminent businessman and politician, Emmanuel Iwuanyanwu, on Wednesday said that the Igbo do not want to secede from Nigeria. Speaking as a special guest of honour at a National Unity summit organised by Arewa Ambassadors Congress of Nigeria in partnership with Youth Assembly of Nigeria, Iwuanyanwu said ...

  • Settle with Blackface publicly, Zakky Azzay begs 2Baba

    The veteran Northern-Nigeria Musician, Zakky Azzay, has pleaded with Innocent Idibia, a.k.a 2Baba to settle his Plantashun Boiz partner, Blackface, even if it has to be done openly. He said this in an interview with Hiptv while responding to the long time rift between them. He said, “If I am ...

  • Oil marketer jailed 21 years for stabbing partner to death

    Justice Raliat Adebiyi of the Lagos High Court, Ikeja, on Wednesday sentenced an oil marketer, Abubakar Samaila, to 21 years imprisonment for stabbing his partner, Sanni Mohammed, to death. Samaila, 23, was arraigned on a one count charge of murder by the state government. The prosecutor, Mrs. Bukola Akani, said ...

  • Commissioner hails FG/WSSCC sanitation, hygiene programme

    The Cross River Government has applauded the Federal Government’s efforts at scaling up sanitation in the state. The state’s Commissioner for Water Resources, Mr. Gabe Odu, lauded the government in an interview with the News Agency of Nigeria (NAN) in Abuja. He said the Federal Government’s Rural Sanitation and Hygiene ...

  • CBN to sell dollars to clear demand backlog

    Oyetunji Abioye The Central Bank of Nigeria is planning to sell an undisclosed amount of dollars to settle a backlog of foreign exchange demand for airlines, fuel and raw material importers. Foreign exchange traders said the CBN had asked commercial banks to submit bids for dollars to cover the previously ...

  • Nigeria’s debt to climb to 24.1% of GDP by 2018 – IMF

    Everest Amaefule, Abuja  Nigeria’s indebtedness will climb to 24.1 per cent of its Gross Domestic Product by 2018, the International Monetary Fund has said. The IMF, which stated this in its World Economic and Financial Surveys, also projected that by the end of 2017, the country’s current indebtedness would have ...

  • About Nigeria’s crony capitalism

    Lekan Sote The friend, whose theory is that dollars stolen from crude oil sales – fake or over-invoiced importation of petroleum products – and kept out of circulation, thereby significantly diminishing the foreign exchange available to Nigerians, has another theory. He says that crony capitalism, thriving on state-sponsored scarcity, caused ...

  • Nigeria’s GDP contracts by -0.52 %

    • Presidency: Economy exiting recession Nigeria’s Gross Domestic Product (GDP) contracted by -0.52 per cent (year-on-year) in real terms in the first quarter of 2017, a report by the National Bureau of Statistics (NBS), has indicated. The NBS report, tagged,  ‘Nigerian Gross Domestic Product Report for first quarter 2017’ released ...

  • I’ll ‘walk’ if Nigeria continues oil import in 2019, Kachikwu vows

    Tope Omogbolagun The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said he would resign if Nigeria continues to import oil by 2019. Kachikwu said this in an interview on BBC’s programme, Hardtalk,  with Stephen Sackur on Monday (today). As part of the BBC’s Trading Fortunes season focusing on global trade, Sackur had ...

  • Nigeria dollar scarcity to persist till 2018 – Moody’s

    Bayo Akinloye Despite the Central Bank of Nigeria’s efforts to strengthen the value of the naira against the dollar, Moody’s Investors Service has said foreign currency shortages will remain in the country till 2018. This was stated in a report, ‘Foreign-currency shortages are subsiding but will take time to overcome’, ...

  • IITA donates 35,930 kilograms of seeds to Nigeria to address humanitarian crisis

    Source: Consortium of International Agricultural Research Centers, International Institute of Tropical Agriculture Country: NigeriaThe donation of improved varieties of cowpea, soybean, maize, millet, sorghum, and rice to the Borno state government is part of ongoing humanitarian efforts in northeast Nigeria.Borno, Nigeria - The International Institute of Tropical Agriculture (IITA) today donated ...

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