African Development Bank (AfDB) has finalised arrangements to disburse 618 million dollars to Nigeria under the Investment in Digital and Creative Enterprise (i-DICE) programme. AfDB’s Country Director-General for Nigeria, Mr Lamin Barrow told the News Agency of Nigeria (NAN) in Marrakesh, Morocco on Sunday that the Nigerian government...
Nigeria
By DAVID IORJA, Abuja – President Bola Tinubu has said every negative perception or notion about what Nigeria has represented in the past with respect to the ease of doing business, monetary policy, and trade cooperation is no longer applicable now and in the future of Africa’s largest...
Edo State Governor, Godwin Obaseki on Friday, said that the state operates the highest paid Civil and public service in Nigeria, thereby consciously laying a solid foundation for the future of the state. Obaseki made this known during the seventh edition of the Alaghodaro summit, organised by...
The Nigeria Liquified Natural Gas, (NLNG) Ltd. has said the shortage of Foreign Exchange (FX), Federal Government’s import and Value Added Tax (VAT) are responsible for the rising cost of cooking gas in Nigeria. The Managing Director and Chief Executive of NLNG, Dr Philip Mshelbila, said this on...
The Managing Director, 313 Bureau de Change, Alhaji Murtala Bashir, has emphasised the need for collective efforts to ensure the stability of the naira at the Foreign Exchange Market in Nigeria. Bashir made the call in a statement made available to the News Agency of Nigeria (NAN) on...
Addressing a global audience of agricultural extension professionals in Africa, the President of Sasakawa Africa Association (SAA), Dr Makoto Kitanaka has called for greater attention to extension and advisory services as a sustainable pathway to agricultural transformation on the continent. The SAA president spoke at the 6th Africa-wide Agricultural Extension...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has provided insight into how the lingering Russia – Ukraine war impacted Nigerian crude oil inflows in the international oil market. The NNPC Ltd said this led to a dip in demand from the once-dependable Asian market at the onset...
A Federal Capital Territory (FCT) High Court has restrained a South African company, Novare and its subsidiaries, from selling off their assets in Nigeria. The News Agency of Nigeria (NAN) reports that Novare is the owners of retail malls, including Shoprite malls, in the country. Justice Peter Kekemeke...
By DAVID IORJA, Abuja – President Bola Tinubu on Thursday departed Abuja for Riyadh, Saudi Arabia, to attend the first Saudi-Africa Summit. Presidential spokesman Ajuri Ngelale, who disclosed this in a statement on Wednesday in Abuja, said that the summit would take place in Riyadh on Friday. He...
The Presidential Candidate of the Labour Party (LP), Mr Peter Obi, says he is still committed to building a new Nigeria in spite of the Supreme Court ruling on the 2023 Presidential Election, which is not in his favour. Obi said this when he addressed a news...
Information and National Orientation Minister, Mohammed Idris has said the eight priority objectives of the President Bola Tinubu’s Renewed Hope Agenda will help build a just and equitable Nigeria for all.id Idris stated this at an interactive session with senior media editors and executives on Monday in Abuja....
Chief of Defence Staff (CDS), Gen. Christopher Musa, has called on army Commanders and troops not to let Nigeria down in the on-going efforts to tackle security challenges. Musa made the call on Monday in Abuja at the Army Headquarters Operations Centre after receiving briefs on engagements of...
As part of deliberate and conscious effort to raise funds for the development of critical infrastructure projects countrywide, the federal government has initiated plans to expand its revenue net to drag in expatriates into it. The revenue system that has been perfected by the Ministry of Interior and the...
It’s worth noting that this article was originally published on December 3, 2017, yet its relevance persists to this day. The Peoples Democratic Party The Peoples Democratic Party (PDP) is not seriously planning to return to power. It is more focused on the inordinate ambitions of...
By EZEKIEL OBI, Abuja – The United States of American has alerted its citizens in Nigeria of threats to major hotels in the “larger cities” of the country. The US issued this warning in an emergency information for American citizens dated November 3, adding that the Nigerian security...
A former Minister of Education, Dr Oby Ezekwesili, has stressed the need for a change of political culture in Africa to achieve meaningful development for the continent. Ezekwesili made the recommendation at the matriculation ceremony of the 2023/2024 session of the School of Politics, Policy and Governance (SPPG)...
Paris made a commitment in Abuja on Friday to return 150 million dollars of deceased Gen. Sani Abacha’s loot frozen in France. Minister for Europe and Foreign Affairs of France, Ms Catherine Colonna told a news conference that France would return the loot to strengthen bilateral relations between...
Nigeria’s annual expenditure of a whooping N165 billion on the importation of juice concentrate could be reduced through the training of farmers and food processors, a top official of Raw Materials Research and Development Council (RMRDC) said. Fruit juice concentrate is fruit juice from which most of the...
Nigeria and 186 Member States of the United Nations on Thursday voted by a large margin against the United States’ economic and trade embargo against Cuba, first imposed in 1960. A total of 187 States voted for the resolution put forward each year against the embargo with only...
By nature, most people would like to dodge payment of taxes if the system allows it. It’s not surprising that some easily agree with the saying that tax collectors rarely have many friends. But, for governments, taxes are a major policy instrument for shaping, and reshaping, the economic...