Nigeria
Vai alla Scheda Paese »A man of worth never gets up to unsay what he said yesterday.
— Chinua Achebe
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Money outside banking system contributes to recession- Expert
Professor Uche Uwaleke of Nassarawa State University has said that money kept at home instead of the bank contributes to the economic recession. Uwaleke, Head, Banking and Finance of the university, made this known in a survey conducted by the News Agency of Nigeria (NAN) on “Why prominent Nigerians keep money ...
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Nigeria among top nations in foreign remittances –Western Union
Oyetunji Abioye Western Union, an international money transfer services company, says Nigeria is one of the most connected countries in the world when it comes to receiving and sending money. The company said it moved money from over 195 countries and territories into Nigeria in 2015 Western Union has operated ...
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Nigeria’s capital import drops by 34% in one year
Ifeanyi Onuba, Abuja The National Bureau of Statistics on Monday released the capital importation report for the third quarter of this year, with the country recording an increase of 74.84 per cent or $1.82bn in investment inflow from $1.04bn in the second quarter. The bureau in the report which was ...
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On Eko Bridge, The Man Died
I was devastated when I received the news of Uchechukwu Okeke’s death on the 1st of June 2016. Ginger, as I fondly called him, was a bosom friend and a budding diplomat with the Nigerian Foreign Service. He died along the Lagos-Ibadan Expressway, shortly after returning from New York. At ...
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Buratai Alleges Boko Haram Gets Support From Some Nigerians And ISIS
The Chief of Army Staff, Lt. Gen. Tukur Buaratai, has said that Boko Haram insurgents gets clandestine support from some elements within the society and from other bodies like the ISIS adding that most of them have melted into the society. Buratai stated on Monday in Abuja while fielding question ...
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Oba of Benin lauds Buhari on anti-corruption, economy
Alexander Okere, Benin The Oba of Benin, His Royal Majesty, Omo n’Oba n’Edo Uku Akpolopkolo, Oba Ewuare II, on Monday commended President Muhammadu Buhari’s efforts in the fight against corruption in Nigeria. Oba Ewuare II disclosed this when he received President Buhari in his palace in Benin, the Edo State ...
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Nigeria Needs PPP To Fund Infrastructure-Experts
As the drama of the $30 billion external borrowing continues to unfold, analysts have stressed the need for the federal government to design a framework that would allow public private partnership in developing the country’s infrastructure. Although the federal government said it has so far released N753.6 billion for capital ...
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N250m insurance: Reps panel threatens to arrest Customs boss
John Ameh, Abuja The House of Representatives Ad hoc Committee on Insurance has threatened to issue a warrant for the arrest of the Comptroller-General of the Nigeria Customs Service, Col. Hameed Ali (retd.), over an alleged N250m insurance fraud committed by the NCS. The infraction reportedly took place between 2013 ...
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Senate demands daily oil production, sales report from DPR
Leke Baiyewu, Abuja The Senate has asked the Department of Petroleum Resources to henceforth prepare and forward to it daily records of oil and gas production and sale in the country. The Senate Committee on Petroleum (Upstream) said the records must be submitted to it every month. The records will ...
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NRA promotes 29 refs in Jigawa
The Jigawa Council of Nigeria Referees Associotion on Sunday announced the promotion of 29 football referees, including 12 amateurs, who participated in the association’s promotion examination, the News Agency of Nigeria reports. Chairman of council in the state, Aliyu Baita, told NAN in Dutse that six out of the 29 ...
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Naira may not fall below 475, say experts
Oyetunji Abioye Economic and financial experts say the naira may not fall below 475 against the United States dollar between now and end of December. They based the prediction on declining dollar demand and efforts being made by the Central Bank of Nigeria to boost supply of foreign exchange. The ...
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Grenadines Homes plans affordable flats with Coral Apartment
Maureen Ihua-Maduenyi Grenadines Homes Limited has revealed plans to build affordable flats in the Victoria Island area of Lagos State. The company’s General Manager, Sales and Marketing, Francesca Dyeah, said the idea was to woo more investors to the area despite the recession. Dyeah said the 17-floor development, which would ...
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D-8 Countries Plan To Increase Trade Volume To $500bn By 2023
The Chambers of Commerce and Industry in eight developing countries known as D-8 made up of Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria and Turkey have resolved to carry out works and prepare a road map to increase trade volume between the member countries to $500billion by 2023. This was contained ...
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20m Nigerians to lose access to telecoms services – ATCON
The Association of Telecommunication Companies of Nigeria has said the passing into law of the nine per cent Communications Service Tax bill currently before the Senate would deprive 20 million Nigerians access to telecommunications services. This was contained in a statement issued on Saturday in Lagos by ATCON’s President, Mr. ...
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Baba Eko Of Lagos State Grand Daughter Launches ‘Raawayaty’ Clothing Line
One of Lagos historical fashion family and grand daughter of Baba Eko of Lagos State, Abioye Aina has launched her own cloth line, ” RAAWYALTY Fashion” recently. The graduate of Babcock University who managed her grand mother’s Fabric business for years, decided to flag up a clothing line to make ...
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We Don’t Have Tourism In Nigeria – Hotelier
Jibril Aliyu is the acting general manager of Hawthorn Suites, Abuja. In this interview with Anthony Ada Abraham, the talented young and hardworking man speaks on why Nigerians should patronise homemade tourist sites and other sundry issues. Can you give us an insight on how you started off with this ...
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NDLEA investigates officers with links to drug dealers
SOME operatives of the National Drug Law Enforcement Agency (NDLEA) are under investigation for alleged fraternity with suspected drug syndicates. The Chairman and Chief Executive of the National Drug Law Enforcement Agency (NDLEA), Col. Muhammad Mustapha Abdallah (retd.) disclosed this while addressing officers at the national headquarters, Ikoyi Lagos at ...
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Desfile de la pollera en Soná
Las calles del distrito de Soná de Veraguas se llenaron de folclor y del sentimiento más profundo por las tradiciones y costumbres autóctonas de la campiña interiorana durante el desarrollo de las XII versión del Desfile Folclórico y de la Pollera que se realiza cada 5 de noviembre en esta ...
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Buhari, wife, others shun made-in-Nigeria products
Olalekan Adetayo Despite the Federal Government’s consistent calls on Nigerians to patronise Made-in-Nigeria products in order to strengthen the economy and aid national development, SUNDAY PUNCH’s investigation has shown that President Muhammadu Buhari and members of his team are using foreign products. The investigation showed that except their clothes, the ...
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$29.9bn loan’ll rescue Nigeria from recession — Gbajabiamila
Toluwani Eniola The Majority Leader of the House of Representatives, Femi Gbajabiamila, has applauded President Muhammadu Buhari’s external borrowing plan of $29.9bn for the execution of projects from 2016 to 2018, in the interest of Nigerians. Gbajabiamila noted that borrowing to finance infrastructural projects will pull Nigeria out of recession. ...
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South-East governors lazy — TUC leader
Ihuoma Chiedozie Chairman of the Trade Union Congress in Enugu State, Mr. Chukwuma Igbokwe, on Saturday said overdependence on federal allocation by South-East governors was hindering development in the region. Igbokwe accused governors in the region of failing to harness natural resources in their states to generate additional revenue. In ...