Sunday, January 20, 2019

Tag "nigeria"

    Great news for 2019 budget as first Egina cargo hits oil market

Great news for 2019 budget as first Egina cargo hits oil market

The 2019 budget has just received a boost as the very first cargo of crude oil from Total's new Egina oil field hit the international oil market for futures trading.According to Reuters, the new Nigerian oil "grade has been added to the February loading programme".Following forward trading in the oil market, the first cargoes from Total’s newly producing Egina offshore field, [...]

0 comment Read Full Article
    North-east residents commend military in fight against Boko Haram

North-east residents commend military in fight against Boko Haram

The North East Coalition against Terrorism (NECAT) has showered encomiums on the Nigerian troops in their fight against Boko Haram.In a statement, Nasir Babagana, spokesman of the civil society organisation, said the military deserves all the encouragement it can get.“The North East Coalition Against Terrorism commends the military for the sustained war against Boko Haram terrorists in northeast Nigeria in [...]

0 comment Read Full Article
    Dear EFCC, sanity has a price

Dear EFCC, sanity has a price

About two weeks ago, I got a call from a friend, who is currently studying for a master's degree in the United States. She was in a dilemma; the dilemma of virtually every Nigerian student abroad, who are attempting to use local examples from Nigeria to explain global concepts and think up solutions. The dilemma of telling the story of [...]

0 comment Read Full Article
    Poju Oyemade: Pastors can associate with politicians as long as there isn’t money exchange

Poju Oyemade: Pastors can associate with politicians as long as there isn’t money exchange

Poju Oyemade, the senior pastor of Covenant Christian Centre, says pastors can associate with politicians, as long as there is no monetary or material inducement involved. Oyemade, who said he will not criticise any pastor publicly, said the giving of gifts blinds the receiver, and often affects their judgement.When asked about the association between some pastors and politicians, he said: "Let [...]

0 comment Read Full Article
    Terrorists likely to carry out attacks in Nigeria, says UK in travel advisory

Terrorists likely to carry out attacks in Nigeria, says UK in travel advisory

The UK's foreign and commonwealth office has cautioned its citizens against travelling to several states in Nigeria due to the risk of terrorist attacks and kidnappings.In its latest travel advisory, the FCO warned against "all travel" to Borno, Yobe, Adamawa, Gombe, Delta, Bayelsa, Rivers, Akwa Ibom and Cross River states.The FCO also warned of potentially-violent protests by members of the [...]

0 comment Read Full Article
    Stranded power, stranded promise

Stranded power, stranded promise

Nigerians have for long languished under debilitating incompetence of the power sector. And we are now better informed that the government should by no means be held responsible for the crisis. Rather, whiners should direct their angst at privately owned electricity Distribution Companies (DisCos) and Generation Companies (GenCos) that are operators of the seemingly jinxed sector.We have no less to [...]

0 comment Read Full Article
    Obasanjo: Nobody can do ‘whatever I like’ with Nigeria — God will not allow that

Obasanjo: Nobody can do ‘whatever I like’ with Nigeria — God will not allow that

Former President Olusegun Obasanjo has called on Nigerians to join hands against insecurity and insensitivity in the country.Obasanjo said this at the 80th anniversary of Ango Abdullahi, former vice-chancellor, Ahmadu Bello University (ABU).NAN reports that the ceremony was organised by the Abdullahi Kwasau Dynasty.The ex-president said the call became necessary in view of the incessant insecurity bedeviling the country.Obasanjo said [...]

0 comment Read Full Article
    Four stowaways ‘from Nigeria’ arrested in UK after ‘hijacking’ cargo ship

Four stowaways ‘from Nigeria’ arrested in UK after ‘hijacking’ cargo ship

Four stowaways reportedly from Nigeria have been arrested in the UK after special forces stormed a cargo ship off the country’s coast.The stowaways were said to have threatened staff on board and hijacked the vessel.The 71,000-tonne Italian vessel, Grande Tema, left Lagos on December 10.Essex police said the vessel was taken to the Port of Tilbury and the four men [...]

1 comment Read Full Article
    Okupe: In perilous 2019, only God and PDP will save Nigeria

Okupe: In perilous 2019, only God and PDP will save Nigeria

Doyin Okupe, special adviser to former president Goodluck Jonathan on media and publicity, says only God and the Peoples Democratic Party (PDP) will save Nigeria.Speaking on Arise TV on Friday, Okupe, who claimed Nigeria is in perilous times, asked Nigerians not to vote for a president who they are not sure is in charge of the economy and affairs of the nation.The former governorship [...]

0 comment Read Full Article
    Nigeria’s oil revenue rises by over 100% in one budget cycle

Nigeria’s oil revenue rises by over 100% in one budget cycle

Nigeria's oil revenue has recorded a jump of over 100 percent in 2018 alone.According to Udo Udoma, the minister of budget and national planning, Nigeria's aggregate revenue as at the end of September 2018, is 40 percent more than the revenues recorded in 2017."As at the end of the third quarter, Federal Government’s actual aggregate revenue wasN2.84 trillion, which is [...]

0 comment Read Full Article
    Rapper knocks Vector, YCee, Ice Prince in new song, tags them ‘walking dead’

Rapper knocks Vector, YCee, Ice Prince in new song, tags them ‘walking dead’

[...]

0 comment Read Full Article
    Nigeria ends 2018 on a cautious note — 2019 elections in focus

Nigeria ends 2018 on a cautious note — 2019 elections in focus

It has been another monumental year for the Nigerian economy which continued to display resilience against domestic and external headwinds.The healthy combination of easing inflationary pressures, foreign exchange stability and rising commodity prices initially stabilized Nigeria’s macro fundamentals. With domestic conditions clearly improving and foreign investor appetite increasing, expectations were elevated over the Central Bank of Nigeria (CBN) cutting interest [...]

0 comment Read Full Article
    2019: Buhari’s 12m jobs versus Yemi Kale’s 20.9m unemployed

2019: Buhari’s 12m jobs versus Yemi Kale’s 20.9m unemployed

In 2007, before the American presidential election of 2008, the poll numbers were in favour of Republican war veteran, John McCain. McCain had led numerous military strikes for the United States military. In 1967, during the Vietnamese war, he was almost killed by the enemies, who had shot down his military aircraft and captured him as a prisoner of war. His [...]

0 comment Read Full Article
    Fashola: Between substance and shadow

Fashola: Between substance and shadow

A friend once described Nigerians as such atypical, hopelessly-hard-to-satisfy creation on the face of the earth that just when you thought it was time to roll out the carpet and beat the drums for you for having satisfied their yearnings and demands, you see them carrying placards and beating war drums again asking for yet another set of yearnings and [...]

0 comment Read Full Article
    The imperative of creating jobs, growing Nigeria’s GDP

The imperative of creating jobs, growing Nigeria’s GDP

BY LOUIS OKOROMAAs the 2019 elections draws near, the issue of how to create jobs for the teeming millions of young school leavers, graduates and adults in the country is taking center stage. Creating jobs and growing the country’s Gross Domestic Product (GDP) is the mark of a sound economy and a sign that the government of the country is [...]

0 comment Read Full Article
    ‘Access Bank has a strong acquisition record’ — Wigwe speaks on Diamond takeover

‘Access Bank has a strong acquisition record’ — Wigwe speaks on Diamond takeover

Herbert Wigwe, CEO of Access Bank, says the bank has a strong acquisition and integration track record.Speaking to the conclusive acquisition of Diamond Bank, Wigwe said the banks involved have complementary operations that will ensure benefits for customers of Access Bank and Diamond Bank.“Access Bank has a strong track record of acquisition and integration and has a clear growth strategy," [...]

0 comment Read Full Article
Advertisement
Advertisement

 

Advertisement

Advertisement

Exchange Rates

January 18, 2019USDGBPEUR
INTERBANK306397354
LAGOS362463411
KANO361465413
PH361462412
ABUJA362462413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement