Thursday, November 15, 2018

Search Results for "nigeria"

    Akin Adesina: I’m ashamed of Nigeria’s 4,500MW of power

Akin Adesina: I’m ashamed of Nigeria’s 4,500MW of power

Akinwumi Adesina, president of the African Development Bank (AfDB), says it is unacceptable for Nigeria to be delivering 4,500 megawatts of electricity.Speaking on the sidelines of the Africa Investment Forum ongoing in Sandton, South Africa, the former minister of agriculture says he is ashamed of the country's power generation."My own perspective in everything that I do is that my philosophy [...]

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    Nigeria’s debt for infrastructure is good debt, says Fashola

Nigeria’s debt for infrastructure is good debt, says Fashola

Babatunde Fashola, minister of power, works, and housing, says debt for infrastructure in Nigeria is good debt, as far as he is concerned.Speaking at the Africa Investment Forum in Sandton South Africa on Wednesday, Fashola said the Nigerian government should not be judged like a private company when it comes to borrowing."The only thing I want to say about debt [...]

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    Seven questions for Nigeria’s next Mr. or Madam President

Seven questions for Nigeria’s next Mr. or Madam President

The year 2018 is a great time to be alive. No one, in 2008, could have predicted what is happening in the world today; Donald Trump running the show in the United States, Britain breaking away from Europe, a 39-year-old winning the French presidential election. It is what it is.Nigeria has not been left out of the fireworks; in 2008, [...]

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    The APC still remains the best option for Nigeria

The APC still remains the best option for Nigeria

BY VICTOR OBANOR OSAGBOUWAPresident Muhamadu Buhari has asked aggrieved members of the All Progressives Congress (APC) in the last conducted primaries to be faithful to the party. In the last few weeks, the president and the APC leadership met with governorship aspirants and aspirants for the House of Assembly in the APC. His message has been clear on why the [...]

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    Nigeria: A rich nation being unfortunately led by poor people

Nigeria: A rich nation being unfortunately led by poor people

Senate President Bukola Saraki said and I quote verbatim: “The Federal Government as well as the organized labor to be more concerned about the interest of the people…while the government and labor are representing the interest of the people, it is important to also ensure we avoid any action that will not show sensitivity and sensibility to the plight of [...]

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    Emefiele: Nigeria gets over 30% of remittances to Africa

Emefiele: Nigeria gets over 30% of remittances to Africa

Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), says Nigeria tops other African countries in remittances inflows and is among the top five globally.He did not give a figure, but said African countries received $72billion in remittances in 2017.Checks by TheCable showed that the  World Bank report being quoted saw Nigeria receive $22 billion in remittances in 2017 [...]

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    Naomi Campbell in Nigeria for GTBank Fashion Weekend

Naomi Campbell in Nigeria for GTBank Fashion Weekend

Naomi Campbell, a British supermodel, is in Nigeria for the GTBank Fashion Weekend, NAN reports. [...]

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    Prince Charles, duchess of Cornwall in Nigeria

Prince Charles, duchess of Cornwall in Nigeria

Photo credit: Bayo Omoboriowo and @UKinNigeria [...]

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    VIDEO: Prince Charles arrives Nigeria, meets with Buhari in Aso Rock

VIDEO: Prince Charles arrives Nigeria, meets with Buhari in Aso Rock

Britain's Prince Charles and his wife, duchess of Cornwall, Camilla, have arrived Nigeria on a three-day visit.They were received by President Muhammadu Buhari at the state house, Abuja, on Tuesday.While in the country, the prince of Wales will engage in peace-building activities and address the clashes between farmers and herders.https://twitter.com/BashirAhmaad/status/1059805965355307010The visit is also aimed at strengthening the ties between both [...]

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    Sunny Odogwu, top Nigerian businessman, dies at 87

Sunny Odogwu, top Nigerian businessman, dies at 87

Sunny Odogwu, a Nigerian businessman, is dead.According to a family source, Odogwu was said to have died in his home on Monday.Born on March 20, 1931, in Calabar, Odogwu hails from Delta state and holds a high ranking traditional title of Ide Ahaba of Asaba.He had his secondary school education at Ilesha Grammar School, Osun state and thereafter joined an [...]

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    NIS arrests political rally murder suspect — 10 years after fleeing Nigeria

NIS arrests political rally murder suspect — 10 years after fleeing Nigeria

The Nigeria Immigration Service (NIS) has apprehended one Isa Idrisa, a Nigerien, who was alleged to have stabbed a man to death in Hadejia, Jigawa state.Garba Abdul, comptroller of NIS in the state, disclosed this when he paraded the suspect before reporters in Dutse on Tuesday.Garba said the suspect stabbed one Suleiman Adamu to death in 2008 and escaped to [...]

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    Nigeria to resume export of ‘zobo’ leaves to Mexico

Nigeria to resume export of ‘zobo’ leaves to Mexico

The Nigeria Agricultural Quarantine Service (NAQS) says Nigeria is set to resume the export of hibiscus, locally known as zobo, to Mexico.Vincent Isegbe, coordinating director, NAQS, disclosed this in an interview with NAN on Tuesday.He said export of the plant was suspended after storage pests were discovered in some consignments that were to be shipped out of the country.He explained [...]

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    Shi’ites: If we had weapons, Nigerian army can’t face us

Shi’ites: If we had weapons, Nigerian army can’t face us

The Islamic Movement in Nigeria (IMN) says the army cannot face its members if they had weapons.The group made the comment on Monday during a press conference on the recent clash between soldiers and its members in Abuja.Abdullahi Zango, leader of the group, said the statement issued by the military and police over the killing of Shi'ites were "fabricated lies [...]

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    Changing Nigeria, Africa’s media narratives

Changing Nigeria, Africa’s media narratives

Africa’s media landscape has come of age. Given where it all began, we cannot but say there have been a couple of improvements when compared to what obtains today. The only challenge is that the media narrative is still being dominated and controlled by advanced or western media.Africa’s stories have not enjoyed the kind of attention one expects. The simple [...]

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    N7.7bn fraud: Court gives Orji Kalu 7-day ultimatum to return to Nigeria

N7.7bn fraud: Court gives Orji Kalu 7-day ultimatum to return to Nigeria

A federal high court in Lagos has ordered Orji Kalu, former governor of Abia state, to return to Nigeria in seven days to face trial for the N7.7 billion fraud he allegedly committed as governor.Kalu, who is standing trial, was absent in court on Monday.On Friday, Kunle Oyewunmi, his spokesman, had said the former governor flew to Germany last Monday [...]

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    Nigeria safe for tourists, says Lai

Nigeria safe for tourists, says Lai

Lai Mohammed, minister of information, says Nigeria is a safe destination for tourists and business people alike.Mohammed said this on Monday while bidding farewell to Latin America Motorcycle Association (LAMA) who toured the country.The bikers toured the country and visited historical sites and museums for 14 days.Some of the states they visited were Lagos, Oyo and Edo among others.Mohammed thanked [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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