Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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How I Was Defrauded By Multi-level Marketing Firm – Witness
Justice Hakeem Oshodi of the Lagos state high court yesterday heard how a Multi Level Marketing (MLM) company known as convent options limited defrauded some Nigerians of millions of naira. One of the victims of the fraudulent scheme, Darlington Agomuo told the judge, while testifying in the ongoing trial of ...
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Sales boy gatecrashes birthday party, killed
Olaleye Aluko A sales boy, Akeem Tajudeen, has been stabbed to death in Ilaje Otumara, in the Iponri area of Lagos State, by some hoodlums. PUNCH Metro learnt that 23-year-old Akeem was stabbed on Monday with a knife by one Abeeb, who allegedly claimed that Akeem came to a birthday ...
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Dangote, Duke lament difficult intra- African trade
Ife Ogunfuwa The President, Dangote Group, Aliko Dangote; and a former Governor of Cross River State, Donald Duke, have complained about the infrastructural deficit and policies that have created bottlenecks for trade among African countries. In his remarks at the launch of a book authored by the President, Afreximbank, Dr. ...
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80% of petroleum tank farms idle – Ex-PPPRA boss
Okechukwu Nnodim, Abuja About 80 per cent of petroleum tank farms across the country are currently lying idle as a result of massive divestment by oil marketers into the retail arm of the business, a former Executive Secretary of the Petroleum Products Pricing Regulatory Agency, Mr. Reginald Stanley, has said. ...
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Eagles will beat Algeria, Pinnick assures Nigerians
As the Super Eagles are getting set to trade tackles against the Desert Foxes of Algeria on Saturday in Uyo, the Nigeria Football Federation (NFF) President, Amaju Pinnick, has assured Nigerians that they would have nothing to fear. He is optimistic that Eagles will make Nigeria proud when confront the ...
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Markets slump after Trump victory
United Kingdom (UK) and European markets were taking stock yesterday after sharp initial falls following Donald Trump’s victory. The FTSE 100 index fell 2% at the start of trading before paring back some losses to trade 0.7% lower at midday. Other major European stock markets also fell, with money flowing ...
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Trump shocks the world
Shock swept through the world yesterday after the unexpected election of Republican Donald Trump as United States’ 45th President. Bolaji Akinyemi, a professor of political science, described Mr. Trump’s victory as a worrisome development and “a victory of the ugly side of the U.S.” Prof. Akinyemi, a former Minister of Foreign ...
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Nigerian equities slump further over US poll outcome
Nigerian equities lost N66 billion yesterday amidst global anxieties over possible dramatic changes in the global economy with the emergence of Republican Donald Trump as the President of the United States of America (USA). Against all the odds and the wagers of the bookmakers, billionaire real estate mogul Donald Trump ...
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Nigeria: Dangote Plans $20 Billion Investment Across Sectors By 2020
[Premium Times] Dangote Group said on Tuesday it was planning to invest over $20 billion (N630.5 billion) and engage over 200,000 more workers in various projects to impact the Nigerian and African economy by 2020.
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Trump pledges cooperation on international issues
U.S. president-elect Donald Trump has assured the world that the country under his administration will work with the international community to address major problems. “We will seek partnership not conflict’’, 70-year-old Trump, who defeated his Democratic party rival Hillary Clinton, said in a victory speech to party faithful. Trump won the ...
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Full text of Donald Trump’s victory speech
Thank you. Thank you very much, everyone. Sorry to keep you waiting. Complicated business, complicated. Thank you very much. I’ve just received a call from Secretary Clinton. She congratulated us. It’s about us. On our victory, and I congratulated her and her family on a very, very hard-fought campaign. I ...
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Governors meet Adeosun, Emefiele over Ecological Fund release
Ifeanyi Onuba, Abuja The Chairman of the Nigerian Governors’ Forum, Alhaji Abdulaziz Yari of Zamfara State, on Tuesday led six of his colleagues to a meeting with the Minister of Finance, Mrs. Kemi Adeosun, and the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, over issues relating to ...
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UNHCR provides safety net for Nigerians at lakeside camp in Chad
Source: UN High Commissioner for Refugees Country: Cameroon, Chad, Niger, NigeriaThe influx of refugees has stabilized since last year, but the economy in the lake area has been dramatically affected. The closure of borders has depressed fishing, herding and farming.Refugees and host community struggle to cope after thousands cross the border ...
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Governors seek disbursement of ecological, stabilisation funds
As the cash crunch bites harder, governors yesterday opened their bid for monthly withdrawals from the stabilisation and ecological funds. Led by Governors Forum Chairman Zamfara State Governor Abdul’aziz Yari, the governors met with Minister of Finance Mrs. Kemi Adeosun and Central Bank of Nigeria (CBN) Governor Godwin Emefiele to ...
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Dangote Group plans $20b expansion in 10yrs
Dangote Group is billed to spend over $20 billion over the next decade to increase the volume of its local manufacturing and improve and grow the nation’s economy. The Group’s Executive Director, Stakeholders’ Relations and Corporate Communications. Ahmed Mansur, has said. Mansur, who made this known yesterday in Lokoja, Kogi ...
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Exhibition unveils plight of the less-privileged
The opening of the maiden edition of photography exhibition by two documentary photographers took place on October 31, 2016. The exhibitors, Adigwe Fruithloop Ndubuisi who specialises in documentary photography and portraits and Ralph Eluehike, a documentary photographer and photo journalist, used the exhibition that took place at Lagos Business School, ...
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EU lauds Kaduna over business reform programme
….to register 800,000 businesses As part of its drive to attract and retain private sector investments, Kaduna State has launched a Business Licensing Reform, BLR, programme. The BLR programme is designed to boost the state’s economy by reducing the time and cost investors incur to secure business permits and to ensure that legislations and regulations promote competition and a conducive business climate. The ...
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CBN Boosts Manufacturing Sector With $660m
In line with its promise to boost activities of the nation’s manufacturing sector and give lifeline to the economy, the Central Bank of Nigeria (CBN) has made the sum of $660 million worth of foreign exchange available for operators in the industry through the inter-bank market. This was in keeping ...
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Governors urge Adeosun to release ecology funds
Ifeanyi Onuba, Abuja The Chairman of the Nigerian Governors’ Forum, Abdulaziz Yari, on Tuesday led governors of six states to a meeting with the Minister of Finance, Mrs. Kemi Adeosun, and the Governor of the Central Bank of Nigeria, Mr, Godwin Emefiele, over some issues relating to the management of ...
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Nigeria: 'Investment-Friendly Policies Key to Industrialisation, Economic Growth'
[Guardian] The Lagos State Government has expressed commitment to partner with the Lagos Chamber of Commerce and Industry (LCCI) on investment friendly policies as part of measures to address the bottlenecks impeding industrialisation, trade and investments in Nigeria.
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Nigeria: 'Stable Forex Policy Will Increase Investment in Downstream Sector'
[Daily Trust] Lagos -The federal government has been urged to prioritise enthronement of stable foreign exchange policy to encourage increased local and foreign investment in the nation's oil downstream sector.