Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Nigerian Banks Not Structured To Fund SMEs – Chamber
Mr. Adetokunbo Kayode, President, Abuja Chamber of Commerce and Industry (ACCI), says the management of the funds for Small, Medium and Enterprises (SMEs) by banks in Nigeria is a weak link in the financing of small businesses. He said this during his inauguration as the 10th President of the Chamber ...
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Nigeria woos foreign investors with infrastructure
Vice President Yemi Osinbajo in Davos, Switzerland, said Nigeria was ready to partner international investors and friendly nations to develop Nigeria’s manufacturing sector and promised to boost infrastructure to provide ambience for investment. Osinbajo said this in a statement by his Special Senior Assistant on Media, Laolu Akande, in Abuja. ...
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Oyo workers begin three-day warning strike Wednesday
Three Labour unions in Oyo have directed workers in the state employment to stay from their duty posts for three days, starting from Wednesday. TheBay directive came in a statement jointly signed by Mr Kofo Ogundeji, NLC State Secretary, Mr Falegbe Mayowa, TUC State Secretary and Mr Olabode Akinfenwa, JNC ...
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Customs Seizes 1150 Bags Of Foreign Rice In Kano, Jigawa
The Comptroller Federal Operations Unit Zone ‘B’ of the Nigerian Customs Service, Alhaji Usman Dakingari said his command has intercepted over one thousand bags of foreign rice in Kano, smuggled into the country. Dakingari stated this while displaying the confiscated rice to journalists on Tuesday in Kano. He said his ...
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FAAC: FG, States, LGs Share N655.17bn In January
The Federation Account Allocation Committee (FAAC) on Tuesday shared N655.17 billion to the three tiers of government as revenue for January. The Minister of Finance, Mrs Kemi Adeosun, told newsmen on Tuesday in Abuja that the N655.17 billion was distributed under four distributable sub-heads. “The total statutory revenue for the ...
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Nigeria:Global Solar Investment Up By 18 Percent to $160.8bn in 2017 - Report
[Vanguard] World clean energy investment totalled $333.5bn last year, up three per cent from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5tn, a new Bloomberg Energy Finance report has stated.
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Weah makes first appointments
Liberia’s President George Weah on Tuesday made his first appointments less than 24 hours after his swearing in on Monday. Seven names made the first batch of appointees, including former Senate Pro-Tempore Gbezohngar Findley, who has been named Minister of Foreign Affairs. Findley, according to local media, is close ally ...
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U.S imposes new ‘America First’ tariffs
The United States has approved controversial tariffs on imported washing machines and solar panels. The move is in line with President Donald Trump’s “America First” trade policy, which aims to protect local manufacturers from foreign competition, the BBC reports. A spokesman said the administration would “always defend American workers, farmers, ...
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EU Puts More North Koreans Under Sanctions Over Nuclear Tests
The European Union imposed travel bans and asset freezes on North Koreans accused of helping Pyongyang evade United Nations sanctions linked to the secretive country’s nuclear and ballistic missile tests. EU foreign ministers agreed the measures yesterday in their latest round of sanctions on North Korea that have reduced trade ...
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Nigeria’s Resurgence In The Global Arena
If there is one thing we must credit this administration for, it is the unwavering commitment to diversify the Nigerian economy. At a time global commodity prices hit an all-time low, the decision to explore opportunities in trade became a necessary desideratum. Nigeria entered into several trade agreements in the ...
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FG Establishes Inter-Ministerial Committee On Data Collection
The federal government has established an inter-ministerial committee on harmonisation of data collection and evaluation for the country. Minister of Finance, Mrs. Kemi Adeosun made the disclosure on Monday in Abuja, according to her media adviser, Oluyinka Akintunde. The minister said the committee would be chaired by the Statistician General ...
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Non-oil Exports: The Policy Imperative
Even in the 21st century, agro-allied exports constitute the backbone of the world’s most industrialized as well as developing nations. This gives food for thought to Nigerian policy makers at the apex level to accord due recognition to export promotion in the economic policy framework- literally a low hanging fruit, ...
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Workers threatens to shut down NIGCOMSAT over alleged victimisation
The Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC) has accused the management of Nigeria Communications Satellite (NIGCOMSAT) of victimizing workers in the company and warned that unless the victimization and issues of promotion is addressed, it will have no option than to disrupt official activities of ...
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Economy remains strong, says Emefiele
The economy remains strong with all indices moving in the right direction, Central Bank of Nigeria (CBN) Governor Godwin Emefiele said yesterday. He allayed the fears of Nigerians and the international community over the inability to hold the Monetary Policy Committee (MPC) meeting scheduled for today and tomorrow. The meeting could ...
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Security agents: Islamic State fighters in Nigeria
Security agencies have uncovered Islamic State in West Africa (ISWA) fighters in Benue, Kogi and Edo states, it was learnt yesterday. A source in the Presidency said the group had been operating within some North Central and South-South states, using foreign terrorists. They are also believed to be recruiting young ...
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Money Supply Hits 17-year High At N24trn
By KAYODE TOKEDE, Lagos In a bid to curb inflation and achieve stability in the nation’s economy, broad money rose to 17-year high of about N24 trillion in 2017, data obtained by LEADERSHIP from the Central Bank of Nigeria (CBN) has revealed. Money supply comprises of broad and narrow money ...
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Iran Suspends Executions After Relaxing Law On Drug Offences
Iran on Monday suspended all cases in which people have been sentenced to death for drug offences, Ali Larijani, Speaker of the country’s parliament said. Larijani said all the cases are to be reviewed. “A block has also been placed on planned executions,’’ the Isna news agency reported. According to official ...
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Kaduna Govt. To Review Teachers Remunerations And Other Welfare Packages
Kaduna State Government has,on Sunday, said plans are underway for upward review of teachers renumerations and other welfare packages that would make the profession more attractive. Ja’afaru Sani,the state’s commissioner for Education, Science and Technology, told a news conference in Kaduna, the state is to introduce attractive incentives for teachers ...
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Police Nab 5 In Lagos Over Alleged New Year Eve Robbery
The operatives of Rapid Response Squad of the Lagos State Police Command at the weekend said they have arrested five suspected robbers who robbed a 58 year old woman of her hand bag containing foreign, local currencies and other valuable items on New Year eve in Ketu area of the ...
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FG uncovers Islamic State terrorists in Benue, other states
The Presidency on Sunday said that security agencies have discovered Islamic State in West Africa, ISWA, terrorists in Benue, and other states of the federation. A Presidential source said that the group operating within some North Central and South-South sections of the country is using foreign terrorists and recruiting young ...
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Kwankwaso donates N40m to foreign medical students
Senator Rabiu Kwankwaso (Kano Central) yesterday donated over N40 million to Kano indigenes studying medical sciences in various institutions in Egypt and Sudan. Kwankwaso said the donation is to help in the upkeep of the students, who he described as the future hope of the state. The former governor who spoke ...