Thursday, May 23, 2019

Search Results for "nigeria"

    77 radiotherapy machines, over 1m boreholes — how 8th senate’s N70.6bn running cost could have transformed Nigeria

77 radiotherapy machines, over 1m boreholes — how 8th senate’s N70.6bn running cost could have transformed Nigeria

Each senator in the 8th assembly got a monthly running cost of N13.5 million. This was aside the basic salary and other allowances that they received. Since there are 109 senators, their running cost amounted to N1.47 billion in a month and would have reached a total of N70.6 billion by the end of this month. Over N70 billion was [...]

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    Fayemi elected chairman of Nigeria Governors’ Forum

Fayemi elected chairman of Nigeria Governors’ Forum

Kayode Fayemi, governor of Ekiti state, has been elected chairman of the Nigeria Governors' Forum.Fayemi was chosen by a consensus after he was nominated by Nasir el-Rufai, with Ifeanyi Okowa, governor of Delta state, seconding his nomination.Abdulaziz Yari, the immediate past chairman, announced this on Wednesday evening.He said Fayemi was unanimously elected by the governors to lead the forum till [...]

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    Dogara: Current house of reps best performing in Nigeria’s history

Dogara: Current house of reps best performing in Nigeria’s history

Yakubu Dogara, speaker of the house of representatives, says the lower legislative chamber under his leadership is the best performing in Nigeria's history.Dogara said this on Wednesday in Abuja, while receiving awards from the UK parliament and the Nigerian government in recognition of his "exemplary leadership" and contribution to passage of Ease Of Doing Business bills respectively.He also said the [...]

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    A vote for plastic ban in Nigeria

A vote for plastic ban in Nigeria

On Tuesday, Nigeria’s house of representatives passed a bill banning the use and sale of plastic bags in the country. According to the legislation, anyone that fails to provide customers with paper bags in place of plastic ones risks three years in jail or a fine of N500,000 - or both at the worst case scenario. The bill would have [...]

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    Rewane: No recession in view for Nigeria

Rewane: No recession in view for Nigeria

Bismarck Rewane, an economist and the managing director of Financial Derivatives, says the Nigerian economy will not fall back into recession.Rewane gave the assurance at the USA Fair 2019 on Tuesday in Lagos while speaking on 'Forecast and Recommendations for the Nigerian Economy in Buhari’s Second Term'.According to him, Nigeria’s GDP at $482 billion, growth rate at two percent, and the [...]

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    Two Nigerian writers shortlisted for 2019 Caine Prize

Two Nigerian writers shortlisted for 2019 Caine Prize

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    Lai: Obasanjo seeking to divide Nigeria in the twilight of his life

Lai: Obasanjo seeking to divide Nigeria in the twilight of his life

Lai Mohammed, minister of information, says the recent comment by former President Olusegun Obasanjo on the Boko Haram crisis is absurd and divisive.In a statement on Tuesday, the minister said it was tragic that the former president who fought to keep the country as one is the same person seeking to divide it in the twilight of his life.While delivering [...]

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    No Yoruba president in Nigeria for another 20 years

No Yoruba president in Nigeria for another 20 years

If Nigeria were to survive the ticking time bomb of the rigged 2019 presidential election, one of the prerequisites would be that there cannot be a Yoruba president in the country for at least another 20 years. Otherwise, we would be further stoking the flames of disintegration. The Yoruba have provided the president in 8 of the last 20 years. [...]

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    Election: What Nigeria can learn from South Africa

Election: What Nigeria can learn from South Africa

BY OKE UMURHOHWOIt was another test on African’s preference for democratic tenets but South Africa didn't disappoint. The coastline nation held its parliamentary election on 8thMay, 2019and its outcome have left a relishing experience.This came amid growing concern on the trajectory of democracy on the continent over rampant manipulations and high level of interference that distort leadership choices. From Algeria to [...]

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    Five things Nigerians would love about Big Brother Naija 2019

Five things Nigerians would love about Big Brother Naija 2019

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    UK jails three Nigerians over ‘conspiracy to smuggle weapons’

UK jails three Nigerians over ‘conspiracy to smuggle weapons’

Three Nigerians have been sentenced to prison in the United Kingdom over conspiracy to "smuggle drugs and ammunition into the country.A Woolwich Crown court had convicted 28-year-old Kennedy Udo, 22-year-old Michael Mgbedike and 27-year-old Emmanuel Okubote and sentenced them to a total of 40 years in prison.The court sentenced Udo to eight years and six months, Mgbedike was sentenced to [...]

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    Nigeria, not an oil producing economy

Nigeria, not an oil producing economy

BY FOLAWIYO KAREEM OLAJOKU It has long being said that oil is the mainstay of the Nigerian economy and often times, the budget of Nigeria is prepared in line with benchmark from the sale of the nation’s crude but according to a recent study by Afrinvest, a leading investment banking firm stated that, Nigeria is not an oil producing country but a [...]

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    Nigeria is safe, Lai tells world leaders expected at Buhari’s inauguration

Nigeria is safe, Lai tells world leaders expected at Buhari’s inauguration

Lai Mohammed, minister of information, says Nigeria is safe for world leaders invited to the inauguration of President Muhammadu Buhari on May 29.Mohammed spoke while fielding questions from journalists at a press conference in Abuja on Monday.The minister had been asked to tell Nigerians measures that have been taken to make the country safe since he raised an alarm [...]

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    Nigerian politicians: Leaders or locusts?

Nigerian politicians: Leaders or locusts?

Nigerians did not vote for anyone to pray for them in either Saudi Arabia or Israel. We do have enough pastors and imams—who are doing all that and more. In serious climes, political leaders are being voted into power to solve economic and security problems, but here, after voting them into power, they become naïve, oblivious and clueless, and start [...]

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    Four things Yemi Osinbajo means to Nigeria

Four things Yemi Osinbajo means to Nigeria

BY NATHANIEL ADOJI Hope for Nigerians (through the Social Investments Programmes) Vice President Yemi Osinbajo oversees what is regarded as the largest social investments programme in sub-Saharan Africa. The National Social Investment Programmes (N-SIP) comprises of the N-Power Programme, currently employing 500,000 graduates; the GEEP loans (Market Moni, FarmerMoni andTrader Moni), providing credit to over 3 million Nigerian traders, artisans and businessmen; [...]

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    Nigerian soldier on peacekeeping mission killed in Mali

Nigerian soldier on peacekeeping mission killed in Mali

A Nigerian soldier was killed and several injured in two attacks on the UN peacekeeping mission in Mali, UN officials said on Sunday.Gunmen attacked the UN troops in Timbuktu in the north of the country, where several groups of militants are active, according to Stephane Dujarric, spokesman for Antonio Guterres, UN secretary-general.UN soldiers from Chad were injured in Tessalit in [...]

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Exchange Rates

May 16, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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