Friday, November 16, 2018

Tag "nigeria"

    ALERT: Retailers using ‘sniper’ to preserve beans, says CPC

ALERT: Retailers using ‘sniper’ to preserve beans, says CPC

The Consumer Protection Council (CPC) says it has confirmed that retailers in the open market are using a pesticide popularly known as sniper to preserve beans.In 2017, some traders were arrested in Lagos for using the pesticide, and on Thursday, a video showing some of the traders using sniper to preserve beans had gone viral.In an advisory signed on Friday [...]

2 comments Read Full Article
    Zainab Ahmed: How AfDB helped Nigeria out of recession

Zainab Ahmed: How AfDB helped Nigeria out of recession

Zainab Ahmed, minister of finance, says the African Development Bank (AfDB) was very instrumental to Nigeria's exit from its worst recession in decades.The minister explained this on Thursday while speaking to CNBC Africa on the sidelines of the first ever Africa Investment Forum ongoing in South Africa.She explained the role AfDB played in getting Nigeria out of recession while adding that the [...]

0 comment Read Full Article
    Udoma: In four years, all 774 LGAs will have internet connectivity

Udoma: In four years, all 774 LGAs will have internet connectivity

Udo Udoma, minister for budget and national planning, says in four years, every of the 774 local government areas in Nigeria will have internet connectivity. The minister disclosed this while speaking at the 42nd Annual Conference of Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) in Lagos on Thursday.He said the government is working to increase broadband penetration across all geopolitical zones of [...]

0 comment Read Full Article
    Nigerian media and mental health challenges

Nigerian media and mental health challenges

Increase in mental health cases, which leads to various crimes: suicide, murder and other self-destruct are common today in our nation. We do not believe this is peculiar to Nigeria but it has become a major concern across the continent.Even in the US, national alliance in mental health statistics showed about 43.8 million adults, which is one out of five [...]

0 comment Read Full Article
    Osinbajo: Nigerian banks have to reform to survive what is coming

Osinbajo: Nigerian banks have to reform to survive what is coming

Vice-President Yemi Osinbajo says there is a need to reform Nigerian banks for them to meet up with the inevitability of the Fintech revolution.Speaking at the ongoing first ever Africa Investment Forum in Johannesburg on Thursday, the Osinbajo said there are no plans to take the banks' lunch, but the banks have to reform to survive.He said the "Fintech companies, [...]

0 comment Read Full Article
    Aliko: By 2020, Dangote Group revenue will hit $30bn

Aliko: By 2020, Dangote Group revenue will hit $30bn

Aliko Dangote, president of Dangote Group, says the conglomerate's revenue base will hit $30 billion by 2020 -- a feat he would have considered impossible 10 years ago.Speaking at the first ever Africa Investment Forum (AIF) in Johannesburg, South Africa, the multibillionaire said five men built America and those five do not include President Donald Trump.He added that Africa could do [...]

0 comment Read Full Article
    Emefiele: CBN working on non-interest development finance

Emefiele: CBN working on non-interest development finance

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the bank is working on a non-interest development finance to increase financial inclusion in the country. The governor said this while delivering the keynote address at the 10th-anniversary conference of Enhancing Financial Innovation and Access (EFInA) in Lagos on Tuesday.Emefiele, who spoke to the conference theme, “the Business Case for Financial Inclusion”, [...]

0 comment Read Full Article
    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 [...]

0 comment Read Full Article
    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 [...]

0 comment Read Full Article
    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, [...]

0 comment Read Full Article
    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 [...]

0 comment Read Full Article
    PDP flying US investigators to hunt examiners who marked Buhari’s WAEC scripts, says Keyamo

PDP flying US investigators to hunt examiners who marked Buhari’s WAEC scripts, says Keyamo

Festus Keyamo, the spokesman of the Buhari Campaign Organisation, says the People Democratic Party (PDP) is looking for the examiners who marked the president's WAEC scripts in 1961.The senior advocate of Nigeria (SAN), who was making comments on the certificate of the president, and critics' stance on it, said the opposition is still trying to ascertain Buhari's results."The dumbest comment [...]

0 comment Read Full Article
    Prince Charles to address farmers-herdsmen crisis during visit to Nigeria

Prince Charles to address farmers-herdsmen crisis during visit to Nigeria

Paul Arkwright, British high commissioner to Nigeria, says Prince Charles, eldest son of British monarch, Elizabeth II, would be visiting the country to engage in peace-building activities.Arkwright said Charles would address the clashes between farmers and herders in the country.The prince of Wales and his wife Camilla, duchess of Cornwall, are expected in Nigeria from November 6 to November 8.He [...]

0 comment Read Full Article
    Is Magu still Nigeria’s most dangerous man?

Is Magu still Nigeria’s most dangerous man?

It’s a surprise that the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, is still standing.His appointment had been barely announced when some folks with very long memory of their unpleasant encounter with him in their earlier life stuck the knife in his back; they’ve been twisting it since.They have been at it now for three [...]

0 comment Read Full Article
    Shi’ite crisis: Nigeria is playing with fire

Shi’ite crisis: Nigeria is playing with fire

No matter what the Nigerian Army and the Nigeria Police Force say in the aftermath of the latest face-off with members of the Islamic Movement of Nigeria, this country cannot justify the measure of force its agents have continued to unleash on this religious group.But this incident, in which an unclarified number of people lost their lives, is indicative of [...]

0 comment Read Full Article
    ICC president says Buhari is one of the most respected African statesmen

ICC president says Buhari is one of the most respected African statesmen

Chile Eboe-Osuji, president of the International Criminal Court (ICC) says President Muhammadu Buhari is one of the most highly respected African statesmen of our time.Speaking to the United Nations General Assembly (UNGA) in New York earlier in the week, Eboe-Osuji expressed reverence for president Buhari, quoting him three times in his speech to the UN.The speech, which was his first [...]

2 comments Read Full Article
Advertisement
Advertisement

 

Advertisement

Advertisement

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.
Advertisement
Advertisement
Advertisement