• Trenta persone sono morte in un attacco suicida a Madagali, in Nigeria

    Trenta persone sono morte in un attacco suicida a Madagali, in Nigeria. Due bambine si sono fatte esplodere nel mercato della città venerdì 9 dicembre. Nessuno ha ancora rivendicato l’azione, ma le autorità nigeriane sospettano il coinvolgimento del gruppo jihadista Boko haram.

  • Why Nigerians ‘ll become poorer with rising oil prices

    Henry Boyo The price of crude oil has steadily increased beyond $50/barrel after OPEC agreed to cut output by about 1.2 million barrels/day in November 2016. Nigeria’s export revenue prospects will consequently be boosted, if this price trend is sustained, particularly if the youth restiveness in the Niger Delta is ...

  • ‘Corruption crippling power sector’

    There is high-level corruption among officials, customers and contractors of the electricity distribution companies (DisCos), The Nation has learnt. It was gathered that the workers, mainly those in the Engineering /Technical Units, connive with contractors to buy substandard equipment, such as sub-stations, transformers and wires. The contractors obtained fake local ...

  • FG To Provide Support For Export Of 200m SIM Cards Offshore

    The Minister of Industry, Trade and Investment, Dr. Okey Enelamah, has affirmed that the Federal Government will continuing to support Nigeria’s first subscribers identity module, SIM cards manufacturing processing company, SECUREID Limited in its bid to export over 200 million SIM cards yearly to 19 countries in sub-Saharan Africa. Enelamah ...

  • Gouvernement-FCE : l’isolationnisme économique algérien s’est acheté un Tchernobyl à Club des Pins

    Le rendez-vous africain d’Alger de la semaine dernière a tout dit en une seule session, la session inaugurale.  Elle a révélé trois constats. L’Algérie de l’entrepreneuriat a bien compris qu’il fallait se lier à l’Afrique. L’Algérie officielle n’est pas prête à laisser les entreprises redessiner le lien au continent. Les ...

  • FG to tackle constraints in textile industry

    Ifeanyi Onuba, Abuja The Federal Government said it had identified the constraints to the development of the textile sector, noting that plans have been developed to addressing some of these constraints. The Minister of State for Industry, Trade and Investment, Aisha Abubakar stated this while speaking during a  tour of  ...

  • Lagos News (LEAD) Lagos Intensifies Enforcement Of Law Against Domestic Violence

    Lagos State Government at the weekend said it has intensified enforcement of laws against domestic violence,  urging  its residents to obey the Law providing protection against domestic violence, saying violators of the law will henceforth be prosecuted. The state’s Commissioner for Women Affairs & Poverty Alleviation, Mrs. Lola Akande said ...

  • Forex inflow drops by $447m on oil facility attacks

    Ifeanyi Onuba The persistent attacks on the country’s oil installations by militants in the Niger Delta have resulted in a decrease of about $447m in foreign exchange inflows from $1.4bn in September to $957.3m in October. Figures obtained from the Central Bank of Nigeria show that the $447m decline represents ...

  • ‘Micro pension scheme’ll provide more investment funds’

    Nike Popoola Stanbic IBTC Pension Managers Limited, a member of Stanbic IBTC Holdings Plc, has said the proposed micro pension scheme has the capacity to increase asset accumulation in Nigeria. It said the scheme would also provide the vital capital required for investment in critical sectors of the economy. The ...

  • Buhari can’t solve Nigeria’s problems without an economic team — Shehu Sani

    The Chairman, Senate Committee on Local and Foreign Debts, Senator Shehu Sani, talks about the failure of the All Progressives Congress to fulfil its campaign promises, President Muhammadu Buhari’s economic policies and Nigeria’s foreign policy in this interview with LEKE BAIYEWU A former Governor of the Central Bank of Nigeria, ...

  • FG rolls out 10-point roadmap to revive economy

    The federal government has outlined a 10-point fiscal roadmap to reset the economy to a path of growth. The Minister of Finance, Mrs Kemi Adeosun revealed the outline when she represented Vice President Yemi Osinbajo, at the annual dinner of the Lagos Business School. She itemised the fiscal policies and ...

  • EFCC seeks foreign help to locate assets of ex-governors, ex-ministers

    •Tracks more accounts, assets of suspects in UAE, UK, US over arms deal The Economic and Financial Crimes Commission (EFCC) is to enlist the services of foreign assistants to trace the foreign accounts and properties of some former governors, ex-ministers, businessmen and a few heads of parastatals who have been ...

  • Algeria strongly condemns terrorist attack in Nigeria

    ALGIERS-Algeria has "strongly" condemned the terrorist attack that targted a street market Friday in Nigeria, said Saturday Spokesperson of the Foreign Affairs Ministry Abdelaziz Benali Cherif. "We condemn, with the most vigour, the terror attack that targeted a street market located northeast of Nigeria," Benali Cherif told APS. After ...

  • FG outlines fiscal instruments to reposition economy in 2017

    Ifeanyi Onuba, Abuja The Federal Government has outlined fiscal strategies to reposition the country’s economy in the 2017 fiscal period and return it to the path of sustainable growth. The fiscal roadmap which is a ten-point action plan was unveiled by the Minister of Finance, Mrs Kemi Adeosun, while speaking ...

  • Human trafficking becoming most profitable illegal business – NIS

    The Nigeria Immigration Service n Saturday said human trafficking was now becoming the most profitable illegal business in the world after drug and gunrunning. Yussuff Mummen Assistant Controller General of Immigration, who oversees Ogun command, made this known during an interview with newsmen in Abeokuta. Mummen said  the command had ...

  • LASU Governing Council Sacks Lecturer Over Gross Misconduct

    The Lagos State University Governing Council has dismissed Dr. Rufai, Raji Odutayo from the service of Lagos State University over allegations bothering on  abscondment from duty post and other acts of indiscipline. The institution in a statement made available by the information department of the institution to journalists said the ...

  • Trader Emerges Millionaire, Others Win Big In Airtel’s On-going Red Hot Promo

    Barely one week after leading telecommunication services provider, Airtel Nigeria, unveiled the fourth edition of the Red Hot Promo, an annual reward initiative and one of Nigeria’s biggest and most credible consumer promotion platforms, winners of various exciting prizes have emerged from across the country. Mrs. Kemi Siwoku, 48, who ...

  • We’ll turn back 570,000 tons of rice waiting to arrive for Christmas –Ogbeh

    The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, speaks on a broad range of issues in the sector affecting the Nigerian economy in this interview with Okechukwu Nnodim There is apprehension of looming famine in Nigeria. What is the government doing about this? We want to put it ...

  • Nigeria’s infrastructural development laws outdated – Experts

    Jesusegun Alagbe Experts have faulted the legal framework guiding infrastructure development in the country. Speaking at the closing of a two-day colloquium organised by the Centre for Ethics and Sustainable Development held at the University of Lagos on Friday, they argued that for Public-Private Partnership to work for infrastructure delivery ...

  • CBN asks banks to rescue the economy

    Stanley Opara The Central Bank of Nigeria has charged Deposit Money Banks in the country to work towards salvaging the distressed economy as the role of returning it to normalcy remains their responsibility owing to their financial intermediation activities that cut across all sectors. Aside the intervention policies of the ...

  • Why Nigeria needs special court for corruption cases -Senator …says corruption cases to end within one year

    Olalekan Adetayo, Abuja The Chairman of the Senate Committee on Works, Senator Kabir Gaya, on Friday said he decided to sponsor a bill for the establishment of special courts to try corruption and money laundering cases because of the delay such cases are currently experiencing in regular courts. Gaya spoke ...