Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Two women lead race to succeed Issack at IEBC
Management of next year's general elections may be spearheaded by a woman after two women and three men were shortlisted by the IEBC selection panel. Though all five have at least 15 years' legal experience, the two women have the advantage of serving on commissions. Gender is a plus. President ...
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Nigeria: FEC Approves Bilateral Agreement On Taxation With Singapore
[This Day] Abuja -As part of moves to boost trade between Nigeria and Singapore, the Federal Executive Council (FEC) has approved a bilateral agreement for the avoidance of double taxation and the prevention of evasion of taxes on income and capital benefits between the two countries.
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Police foil kidnap attempt on Otedola
The Inspector General of Police (IGP) Intelligence Response Team (IRT) has foiled the attempt by a three-man gang to kidnap business mogul Femi Otedola. Ikechukwu Daniel, 28, Adeyemi Kayode, 29, and Ayodele Temitayo, who were arrested in June, confessed to have planned Otedola’s kidnap. They were also said to have ...
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Minister condemns illegal trafficking of artefacts
Toluwani Eniola The Minister of Information and Culture, Alhaji Lai Mohammed, has commended the members of the Artefacts Rescuers Association of Nigeria for playing a strategic role in the preservation of the nation’s cultural heritage. Mohammed said the ministry would continue to partner the association to retrieve and preserve stolen ...
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Watchman on the towers of space and weather
Greg Odogwu The Director-General of Nigerian Meteorological Agency, Dr Anthony Anuforom, was last week in Abuja awarded Fellow of the Astronomical Society of Nigeria at the 6th National Conference of the ASN which had as theme, “Astronomy and Space Science Technology in a Developing Economy”. The theme of the event ...
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‘FG’s monetary policies killing capital market’
Stanley Opara The current monetary policies of the Federal Government are militating against the growth of the capital market, according to an economist and the Director-General, Lagos Chambers of Commerce and Industry, Mr. Muda Yusuf. He, therefore, called on the government to take immediate actions that would lift the economy ...
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Wuraola golf: Sponsor promises golfers
Idris Adesina The chairman of the Smokin Hills Golf Resort in Ilara Mokin, Ondo State, Chief Michael Adeojo, has promised that next year’s Elizabeth Wuraola Adeojo Memorial Golf Tournament will be more entertaining. Mohammed Sulaiman, of Kano Golf Club; Lasisi Lateef of Abeokuta Golf Club; and Grace Yusuf of Ado ...
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Dollar scarcity, key challenge to Nigerian companies –Moody’s
Oyetunji Abioye Global rating agency, Moody’s Investors Service, on Wednesday said the scarcity of United States dollars remained a key challenge to companies operating in Nigeria. As a result, Moody’s said foreign capital inflows into Nigeria would unlikely rebound strongly due to the existence of a huge gap between the ...
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Nigeria: Foreign Investment in Equities Falls to Nine-Year Low
[This Day] The foreign investment in Nigerian equities in the third quarter of 2016 fell to nine - year low as investors seek safety in less risky and high yielding fixed income securities.
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Nigeria: 'How to Boost Investment, Liquidity in Nation's Stock Market'
[Guardian] Experts have stressed the need for government to pursue vigorously, policies that would attract investment in stock market, as well as stimulate growth and funding for SMEs to make them more sustainable for listing on the Exchange.
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FG Hails Strategic Role Of Artifacts Rescuers, Assures Continued Cooperation
The Minister of Information and Culture, Alhaji Lai Mohammed has commended the members of the Artifacts Rescuers Association of Nigeria (ARAN) for playing a strategic role in the preservation of the nation’s cultural heritage, saying the ministry will continue to partner with them to retrieve and preserve stolen artifacts. The ...
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FEC approves agreement to avoid double taxation, evasion
Olalekan Adetayo, Abuja The Federal Executive Council on Wednesday approved a bilateral agreement for the avoidance of double taxation and the prevention of evasion of taxes on income and capital benefits between Nigeria and Singapore. The Minister Information and Culture, Lai Mohammed; Minister of Finance, Kemi Adeosun; and Minister of ...
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Lagos lawmakers, Abuja chamber okay FG’s request to borrow $29.9bn
Some Lagos State lawmakers on Wednesday supported President Muhammadu Buhari’s bid to seek external loan of $29.9bn to provide infrastructure to revamp the economy. The lawmakers, in separate interviews, said that the step was necessary to bring the country out of recession. They said that infrastructure development will attract local ...
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I will contest for presidency in 2019 – Seyi Law
One of Nigeria’s renowned comedians, “Seyi Law’’, has declared that he will run for the post of the president in the upcoming 2019 Presidential Election. The comedian made the declaration on his Instagram page on Wednesday. “I am Aletile Oluwaseyitan Lawrence aka “Seyi Law’’ and I am running for the ...
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Nigeria may not move out of recession in 2017 – MAN
The President, Manufacturers Association of Nigeria, Dr. Frank Jacobs, says with the current economic situation, the country may not be out of recession in 2017. Jacobs on Wednesday in Abuja said that there was the need to introduce policies and initiatives to control the economy. Jacobs said that government needed ...
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Why Many Nigerian Men Can’t Go More Than One Round During Sex – Expert Reveals
There is a BIG problem that is facing many Nigerian men who are in a serious or committed relationship today. And that problem is their inability to go more than one round of sex in bed with their partner or spouse. To give you an idea of what I mean, ...
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‘CBN, SEC, PTDF, others didn’t remit N450b’
The Central Bank of Nigeria (CBN), Petroleum Technology Development Fund (PTDF), National Agency for Food and Dr ug Administration and Control (NAFDAC), Nigerian Television Authority (NTA), the Securities and Exchange Commission (SEC), among others have been accused of failing to remit about N450billion operating surpluses. To recover this funds, the ...
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FG to go after MDA’s over unremitted N450bn operating surplus
Federal Ministry of Finance has constituted a committee to recover unremitted operating surpluses of 31 agencies of government, running into N450bn. This was made known in a statement made available to newsmen yesterday in Abuja by the Special Media Adviser to the Minister of Finance, Mr. Festus Akanbi. It would ...
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Lagos to get oil derivation fund from Dec
’Femi Asu The Lagos State Governor, Mr. Akinwunmi Ambode, has said that the state expects to get its first derivation fund next month following the first export from the Aje oil field located offshore Lagos. Ambode disclosed this on Tuesday in Lagos at this year’s annual international conference and exhibition ...
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The many dangers of senseless debts
Jide Ojo It is no longer news that Nigeria’s economy is in recession. Many Nigerians are cash-strapped. This is as a result of salaries and wages not being paid as and when due, low patronage being experienced by those in business due to high cost of goods and services, non-payment ...
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Trump’s presidency and outlook for Nigeria’s stock market
Uche 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 ...