Thursday, September 20, 2018

Search Results for "nigeria"

    Report: Nigerian music sector growing strongly but Nollywood struggling

Report: Nigerian music sector growing strongly but Nollywood struggling

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    ‘Just another MMM’, ‘Government of fake promises’ — anger over suspension of Nigeria Air

‘Just another MMM’, ‘Government of fake promises’ — anger over suspension of Nigeria Air

On Wednesday, Hadi Sirika, minister of state for aviation, announced that the federal government had directed indefinite suspension of Nigeria Air, the national carrier project.Sirika had unveiled the name and logo of the carrier at an airshow in London, in July.He had added that government was in talks with aircraft providers ahead of the take-off of the project.“We’ve been talking to [...]

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    Governance problems killed old Nigerian companies, says Institute of Internal Auditors president

Governance problems killed old Nigerian companies, says Institute of Internal Auditors president

Uduak Nelson, president of the Institute of Internal Auditors (IIA), says governance problems killed old Nigerian companies.Speaking at a press conference on Tuesday, Uduak said Nigeria would have had indigenous companies within the leagues of Cadbury and Nestle if internal auditors played their parts."Internal audit is crucial to organisational survival. It will proactively see risks coming and prepare for how [...]

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    PHOTOS: The 37 finalists for Most Beautiful Girl in Nigeria pageant

PHOTOS: The 37 finalists for Most Beautiful Girl in Nigeria pageant

The 37 finalists for the finale of the Most Beautiful Girl in Nigeria (MBGN) pageant have been unveiled by the organisers. [...]

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    Nigerian Electricity Regulatory Commission – an agency mired in confusion and missing in action

Nigerian Electricity Regulatory Commission – an agency mired in confusion and missing in action

BY CHISOM IKECHUKWUIn many developing economies, political interference has undermined regulatory independence. Regulatory procedures are expected to be transparent, accountable and predictable. “Without adequate safeguards against the misuse of regulation, investment will be discouraged and prices higher than needed. ...Credible, stable regulation is required to achieve the benefits of privatising and liberalising infrastructure”, according to Iannis N. Kessides, in the [...]

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    WHO: Tuberculosis still world’s deadliest infection — many cases undetected in Nigeria

WHO: Tuberculosis still world’s deadliest infection — many cases undetected in Nigeria

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    Saraki: Nigerians voted Buhari but a cabal is in charge

Saraki: Nigerians voted Buhari but a cabal is in charge

Senate President Bukola Saraki says though Nigerians voted for President Muhammadu Buhari in 2015, a cabal is now in charge of the country.Saraki who is one of the presidential aspirants of the Peoples Democratic Party (PDP), said this when he visited members of the party in Oyo state, to solicit support ahead of the primary election.He alleged that Nigeria lacked the [...]

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    83 percent of schools in Nigeria ‘lack water supply, improved sanitation’

83 percent of schools in Nigeria ‘lack water supply, improved sanitation’

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    From 2baba to Simi, The New Yorker spotlights Nigerians ‘changing sound of pop’

From 2baba to Simi, The New Yorker spotlights Nigerians ‘changing sound of pop’

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    Report: Over 40% of world’s poorest will live in Nigeria, Congo by 2050

Report: Over 40% of world’s poorest will live in Nigeria, Congo by 2050

More than 40 percent of “extremely poor people” in the world will be living in Nigeria and DR Congo by 2050, a report by Bill and Melinda Gates Foundation has revealed.In the 2018 goalkeepers report released Tuesday, the foundation said by 2050, Nigeria will have 152 million people in extreme poverty out of a projected population of 429 million.It blamed [...]

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    PHOTOS: Collections, models and celebrities at African Fashion Week Nigeria

PHOTOS: Collections, models and celebrities at African Fashion Week Nigeria

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    Nigerians living in fear, says Lamido as he meets southern, middle belt leaders

Nigerians living in fear, says Lamido as he meets southern, middle belt leaders

Sule Lamido, a presidential aspirant on the platform of the Peoples Democratic Party (PDP), says Nigerians are living in fear.Lamido said this on Monday when he met with the Southern and Middle Belt Forum in Abuja.The former Jigawa governor is the fourth aspirant to meet with the elders after former Vice-President Atiku Abubakar, Attahiru Bafarawa, former Sokoto governor, and [...]

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    UNICEF: More Nigerians have access to phones than toilets

UNICEF: More Nigerians have access to phones than toilets

The United Nations International Children's Emergency Fund (UNICEF) says more Nigerians have access to mobile phones than those with access to toilets.Zaid Jurji, chief of Water Sanitation and Hygiene (WASH), UNICEF, said this on Monday, while speaking at a workshop on European Union Niger Delta water project, in Rivers state.He said while 140 million Nigerians have mobile phones, only 97million [...]

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    EFCC tackles HSBC, says bank laundering money for corrupt Nigerians

EFCC tackles HSBC, says bank laundering money for corrupt Nigerians

The Economic and Financial Crimes Commission (EFCC) has accused HSBC Bank of laundering proceeds of corruption for over 50 Nigerians, including a serving senator.A recent report attributed to the bank predicted that if President Muhammadu Buhari wins his second term bid, it would “stunt the economy”.Garba Shehu, senior special assistant to the president on media and publicity, had on Saturday [...]

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    EFCC asks customs to place Fayose on watch list, prevent him from leaving Nigeria

EFCC asks customs to place Fayose on watch list, prevent him from leaving Nigeria

The Economic and Financial Crimes Commission (EFCC) has asked the Nigeria customs service to place Ayodele Fayose, outgoing governor of Ekiti, on its watch list.Fayose, whose tenure ends on October 16, is being investigated by the EFCC for alleged abuse of office, money laundering, among others.In a letter dated September 12, and addressed to the comptroller-general of customs, the EFCC [...]

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    US court jails Nigerian accused of running global email scam

US court jails Nigerian accused of running global email scam

A Manhattan federal court in New York has sentenced Onyekachi Emmanuel Opara to five years in prison for participating in business email compromise scams.According to the Federal Bureau of Investigation (FBI), Geoffrey Berman, the US attorney for the southern district of New York, made the announcement.FBI said the sentence was based upon Opara’s participation in fraudulent business email compromise scams [...]

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Exchange Rates

September 20, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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