Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Sign Peace Corps bill, youths beg Buhari
A group of youths under the aegis of National Youth Council of Nigeria on Wednesday in Abuja urged President Muhammadu Buhari to sign the Nigerian Peace Corps Bill into law. The group made the request when they stormed the National Assembly complex to appreciate the lawmakers for passing the Bill. ...
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Lagos to phase out PSP in waste management
Maureen Ihua-Maduenyi The Lagos State Government has disclosed plans to phase out the Private Sector Participation operators and invest about N85bn in domestic waste management in the next five years. The Commissioner for the Environment, Dr. Babatunde Adejare, said the investment would involve a public-private partnership with some world renowned ...
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CBN trains 135 MSME operators
Oyetunji Abioye The Central Bank of Nigeria has said it will not renege on its commitment to revive the nation’s economy by empowering the youths through its Micro, Small and Medium Enterprises Development Fund initiative. The Branch Comptroller, CBN, Osun State, Mrs. Oluyemisi Adebayo, who represented the bank at the ...
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Nigeria’ll begin rice export next year, says CBN
Simon Utebor, Yenagoa Before the end of 2017, Nigeria will begin to export rice to other countries, the Central Bank of Nigeria has said. The Acting Director, Corporate Communications, CBN, Mr. Isaac Okoroafor, said this on Tuesday during a sensitisation/awareness programme for farmers in Bayelsa State under the apex bank’s ...
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Trump’s presidency and outlook for Nigeria’s stock market
Uchenna Uwaleke There is ample evidence to suggest that the fortunes of the Nigerian stock market are influenced by foreign investors’ sentiments which are in turn largely defined not only by domestic economic conditions in Nigeria but also by events in the global scene. For instance, it is a fact ...
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NCC Plans Spectrum Trading Framework To Attract More Telecom Investments
The Nigerian Communications Commission (NCC) has commenced moves to develop a clear-cut framework and guidelines that will usher in a secondary market for spectrum trading in the country.At a consultative forum on spectrum trading in Nigeria held in Lagos yesterday, the telecom industry players agreed that time has come for ...
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Nigeria’ll begin to export rice in 2017 – CBN
Simon Utebor, Yenagoa Before the end of 2017, Nigeria will begin to export rice to other countries, the Central Bank of Nigeria has said. The Acting Director, Corporate Communication, CBN, Mr. Isaac Okoroafor, said this on Tuesday during a sensitisation/awareness programme for farmers in Bayelsa State on the apex bank’s ...
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Arts, potential economy booster–artistes
Nigerian artists have been asked to improve the quality of artworks in the country as it has the potential to develop the country’s economy. A contemporary Fine Artist, Mr Chike Emembo said this at the ongoing exhibition of Contemporary Arts in Abuja on Tuesday with the theme; “Artist; The Plate ...
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Religious Bill: Pentecostal churches drag Kaduna government to court
The Pentecostal Fellowship of Nigeria (PFN) has instituted a case before Justice Hajara Gwadah of Kaduna State High Court against Governor Nasir El-Rufai and two others asking the court to declare as null and void an executive bill before Kaduna State House of Assembly (KDHA) which sought to strengthen the 1984 Kaduna ...
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Nigeria’s rice exportation to start in 2017 — CBN
The Central Bank of Nigeria, (CBN) on Tuesday said it’s set to begin exportation of rice by 2017, based on its Anchor Borrowers Programme for the promotion of Agriculture According to the CBN, the Anchor Borrowers Programme of the CBN and the Presidential Committee on Rice Production, launched in July ...
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Anti-Preaching Bill: Pentecostal Churches Drag El-Rufai To Court
The Pentecostal Fellowship of Nigeria (PFN) has instituted a case before Justice Hajara Gwadah of Kaduna State High Court against Governor Nasir El-Rufai and two others asking the court to declare as null and void an executive bill before Kaduna State House of Assembly (KDHA) which sought to strengthens the 1984 Kaduna ...
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Nigeria: Nigeria Needs $14 Bn in New Investment to Raise Oil Output - Shoreline MD
[Vanguard] Nigeria needs at least $14 billion a year in new investments over the next five years to raise oil output to 2.2 million barrels a day (bpd) which is the national budget output benchmark, the Managing Director of Shoreline Natural Resources, an independent oil producing company, Ladi Bada, has ...
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Heartland coach unveils promotion plans
Heartland coach Emmanuel Deutsch has unveiled plans to lead the Owerri club back to the Premier League, the News Agency of Nigeria reports. Heartland were relegated from the Nigerian topflight at the end of last season. Deutsch told NAN on Monday that he would begin a 40-day intensive training with ...
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Investors commit $4.5bn to fertiliser production
Okechukwu Nnodim, Abuja Investments in the production of fertiliser in Nigeria by foreign and indigenous investors in the last two years have grown to about $4.5bn (N1.373tn) despite the constraint in accessing the United States dollars, the African Fertiliser and Agribusiness Partnerships has said. The AFAP, an independent non-profit organisation ...
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How I deposited $788,000 for Justice Ajumogobia –Witness
…judge, Obla arraign by EFCC for alleged corruption, bribery The Federal High Court, Ikoyi, Lagos yesterday heard a witness described how foreign currency was moved from Justice Rita Ofili-Ajumogobia’s chambers and deposited into her account in Diamond Bank. Mr. Ademola Oshodi was testifying at the ongoing trial of Ofili-Ajumogobia, a ...
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NB investments hit N243b
Nigerian Breweries (NB) Plc has invested N243 billion in the nation’s economy the company’s newsletter the News Agency of Nigeria reported yesterday. It said the N243 billion amounted to 0.65 per cent of the nation’s Gross Domestic Product (GDP), saying NB has contributed positively to the economic and social development ...
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$2.2b lifeline: Arco praises Shell’s local content initiative
Arco Group Plc has described as the right step in the right direction, the Memorandum of Understanding (MoU) for a $2.2 billion contractor financing support signed with eight Nigerian banks by Shell Companies in Nigeria (SCiN) and its Joint Venture (JV) partner, the Nigerian National Petroleum Corporation (NNPC). The fund ...
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SON, UNIDO partner on governance standard
The Standards Organisation of Nigeria (SON) and the United Nations Industrial Development Organisation (UNIDO) are to develop a national standard for good governance that will be acceptable to stakeholders in both the public and private sectors. Its Director-General, Mr. Aboloma Osita made this known at the technical committee meeting on ...
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Dangote Pledges To Support FG Cushion Economic Recession
Dangote Group has pledged to support the federal government and Kano State government in exploring key sectors of the economy towards cushioning effect of the recession. According to a statement signed by the Chief Corporate Communication Officer, Dangote Group, Anthony Chiejina, the Group will therefore explore opportunities opening up in ...
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Business: Kenyan ride-hailing app Little may expand into Nigeria or Uganda
Kenyan ride-hailing app Little, which is backed by telecoms operator Safaricom, is considering expansion into Nigeria or Uganda in the first quarter of 2017, the chief executive of its parent firm said.
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Ebonyi govt to begin seizure of foreign rice
Ebonyi state government has set up a Task force to move into Ebonyi markets and confiscate foreign rice found. The State Governor, David Umahi who had merely pronounced ban on foreign rice earlier, disclosed this while performing the ground breaking ceremony of ultra-modern Kpirikpiri market on Monday. The governor insisted that ...