Friday, September 20, 2019

Search Results for "nigeria"

    Prospects of clean energy in Nigeria boosted by AfDB’s $500,000 grant

Prospects of clean energy in Nigeria boosted by AfDB’s $500,000 grant

The African Development Bank (AfDB) has approved a $500,000 grant to support the development of clean energy in Nigeria.A statement issued by the bank on Friday said the grant was approved under the AfDB’s Sustainable Energy Fund for Africa (SEFA).SEFA is a multi-donor facility established to unlock private sector investments in small to medium-sized clean energy projects in AfricaThe statement [...]

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    Nigerians spent over N1.2bn in cinemas between July-August

Nigerians spent over N1.2bn in cinemas between July-August

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    Govs: Nigeria lost $1.3bn worth of crude oil within six months in 2019

Govs: Nigeria lost $1.3bn worth of crude oil within six months in 2019

Nigeria lost 22.6 million barrels of crude oil worth $1.35bn within the first six month of 2019, according to state governors.The governors were members of a 13-man ad hoc committee established by the National Economic Council (NEC) to investigate cases of oil theft in Niger Delta.The report of the committee, which was supported by findings from the Nigerian National Petroleum [...]

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    CLOSE-UP: Uzoma Asagwara, Nigerian nurse who broke a 150-year record in Canadian parliament

CLOSE-UP: Uzoma Asagwara, Nigerian nurse who broke a 150-year record in Canadian parliament

Recently, Zulfat Suara, a Nigerian-American, emerged as the first Muslim lawmaker in Tennessee in the United States, after making it into the runoff of a Nashville council at-large election. Her victory at the poll was not only a win for the Nashville community, but also for Nigeria where she lived until 1993 when her husband won the Vanderbilt fellowship.On Tuesday, [...]

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    Why Nigerians will never leave South Africa

Why Nigerians will never leave South Africa

A lot has been said about xenophobia and on the strained relationship between South Africa and the rest of black Africa with particular reference to Nigeria. In the past week we have seen the evacuation of Nigerians from South Africa - at least as many as want to leave. But the numbers are quite small compared to the number of [...]

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    ‘I needed to make Nigeria proud’ — Adekuoroye wins bronze medal at wrestling championship

‘I needed to make Nigeria proud’ — Adekuoroye wins bronze medal at wrestling championship

Barely a day after sealing her place at the Tokyo 2020 Olympics, Odunayo Adekuoroye, Nigerian wrestler, won a bronze medal at the ongoing 2019 Senior World Wrestling Championships in Nur-Sultan, Kazakhstan.The 25-year-old wrestler, who had lost in the semi-finals to the eventual champion Risako Kawai of Japan, in the 57 kg category, outclassed Moldova’s Anastasia Nichita 10-0 via technical superiority in the bronze medal match [...]

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    Jonathan, Buhari lack education on how to lead Nigeria, says Gumi

Jonathan, Buhari lack education on how to lead Nigeria, says Gumi

Ahmad Gumi, Islamic cleric, says former President Goodluck Jonathan and President Muhammadu Buhari both lack education on how to lead Nigeria.Gumi spoke when Isah El-Buba, general overseer of Evangelical Bible Outreach Ministry International, (EDOMI), paid him a visit in Kaduna on Thursday.Gumi said politicians have succeeded in dividing the country along ethnic and religious lines for selfish reasons, and that [...]

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    ‘Nigeria coercing false testimony from our associates’ — P&ID on conviction of directors

‘Nigeria coercing false testimony from our associates’ — P&ID on conviction of directors

The Process & Industrial Development (P&ID), an Irish engineering firm, says the Nigerian government is detaining and coercing false testimonies from its associates to implicate the company and label it a fraud.It said this in a statement on Thursday published on its blog.Earlier, in a statement on Wednesday, the company said it will identify and seize Nigeria's assets abroad because the [...]

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    Report: Nigeria has ‘lost N11trn’ to power sector corruption since 1999

Report: Nigeria has ‘lost N11trn’ to power sector corruption since 1999

The Centre for Health, Equity and Justice (CEHEJ) estimates that corruption in Nigeria's power sector has gulped N11 trillion since 1999.This was made known in a report titled 'Kept in Darkness — holding non-performing electricity contractors accountable' released in Lagos on Thursday.The report indicated that the figure might increase to N20 trillion in the next decade.According to Yemi Cole, an associate professor [...]

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    ‘They can take Nigeria to greater heights’ — Dangote hails Buhari’s ‘rare’ economic council

‘They can take Nigeria to greater heights’ — Dangote hails Buhari’s ‘rare’ economic council

Aliko Dangote, president of Dangote Group, says the recently appointed economic advisory council by President Muhammadu Buhari has the ability to take the country's economy to the next level.In a statement released on Thursday by Anthony Chiejina, Dangote's chief corporate communications officer, the businessman described the council as "tested and respected patriots who are always ready to put the country's [...]

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    Nigeria approaches World Bank for $2.5bn loan

Nigeria approaches World Bank for $2.5bn loan

Hafez Ghanem, World Bank's vice-president for Africa, says the lender is in talks with the Nigerian government for a $2.5 billion concessionary loan.Ghanem made this known in an interview on Wednesday in Abuja.The Bretton Wood institution official said Nigeria received $2.4 billion from the bank in 2018."We’re talking about a new set of programmes of about the same amount, it [...]

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    Another batch of Nigerians return from SA

Another batch of Nigerians return from SA

Photo credit: Ibrahim Mansur/TheCable [...]

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    FIFA rankings: Nigeria drops a spot on the globe, remains 3rd in Africa

FIFA rankings: Nigeria drops a spot on the globe, remains 3rd in Africa

Super Eagles of Nigeria dropped a spot down from 33 to 34 in FIFA/Coca-Cola world latest rankings.According to the list released on Thursday by the world football body, the Super Eagles also maintained its 3rd position in the continent.The Gernot Rohr-inspired team moved from its August points of 1481 to 1482 in September.In July, the Nigerian national team won the bronze [...]

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    Hope rises for Nigeria as P&ID directors are convicted of ‘economic sabotage’

Hope rises for Nigeria as P&ID directors are convicted of ‘economic sabotage’

Two directors of the Process and Industrial Development Limited (P&ID), an Irish engineering company, have been convicted of charges bordering on economic sabotage and money laundering.With this conviction, the federal government may now ask the appeal court in the UK to set aside the $9.6 billion judgment against Nigeria in the botched gas processing agreement.They had pleaded guilty to the [...]

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    Xenophobia: Nigerian returnees from South Africa recount ordeal, laud Air Peace, MTN, others

Xenophobia: Nigerian returnees from South Africa recount ordeal, laud Air Peace, MTN, others

When Air Peace announced earlier in the week that it was willing to help bring back Nigerians who were caught in the middle of xenophobic attacks in South Africa, at least 600 people were said to have indicated their desire to return to their fatherland to start afresh.Attention had been drawn to another round of xenophobic attacks on foreigners, particularly [...]

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    Nigeria’s Adekuoroye seals Olympics spot at wrestling championship in Kazakhstan

Nigeria’s Adekuoroye seals Olympics spot at wrestling championship in Kazakhstan

Odunayo Adekuoroye, a Nigerian wrestler, has gotten a spot for the Tokyo 2020 Olympic Games after reaching the semi-finals of the ongoing Senior World Wrestling championships in Nur-Sultan, Kazakhstan on Wednesday.However, the back-to-back Commonwealth champion lost the semi-final match to Risako Kawai, a Japanese wrestler who is a two-time world and Olympic champion.This means that Adekuoroye will now contest for a bronze [...]

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Exchange Rates

September 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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