Nigeria Archives — Page 441 of 672

June 21, 2018 No Responses

CBN Lifts Forex Market With $210 Million

The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with 210 million dollars to meet customers’ requests in various segments. A statement issued by Mr Isaac Okorafor, Acting Director, Corporate Communications on Wednesday explained that the bank,...

June 21, 2018 No Responses

Edo Taskforce Resolves 194 Land Cases, Takes 13 To Court

The Edo State Private Property Protection Taskforce headed by former Inspector General of Police, Mr. Solomon Arase, on Wednesday, presented its committee’s first year report. Presenting the Report at the weekly Executive Council meeting, headed by Governo...

June 21, 2018 No Responses

Reps Justifies N578b Hike In 2018 Budget

Nigeria’s House of Representatives has justified its decision to raise the 2018 budget estimates by N578 billion. The House also blamed the Executive for the late passage of the budget. Reacting to President Muhammadu Buhari’s complaints while sign...

June 21, 2018 No Responses

Nigeria Removes VAT From Domestic Air Transportation

Barely three weeks after indigenous airlines in Nigeria threatened to stop remittance of Value Added Tax (VAT) to the Federal Government, the government has bowed to the demand of the local carriers. The umbrella body of local airlines in Nigeria,...

June 21, 2018 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (4th from left) and Officials of China Development Bank and Lekki Deep Sea Port after a meeting at the Authority’s Corporate Headquarters in Marina, Lagos.

June 21, 2018 No Responses

2018 Sallah: FRSC Explains 11 % Drop in Road Deaths

Following the just concluded 2018 Eid-El-Fitri Sallah Special Patrol which lasted from Wednesday 13 June 2018 to Monday 18 June 2018, the Federal Road Safety Corps (FRSC) recorded 51 deaths (11% decrease in the number of people killed) in road...

June 21, 2018 No Responses

NSE Photo News

L – R: Abolaji Oyebo, Head, Technology, The Nigerian Stock Exchange (NSE); Engineer Taiwo Oluseyi, Vice President, Industry, Abuja Chamber of Commerce and Industry (ACCI); Alh. (Dr.) Abubakar Al-Mujtaba-1st Deputy President, ACCI; Tinuade Awe, Executive Dire...

June 20, 2018 No Responses

20 German Firms Seek Investments In Nigeria

No fewer than 20 German firms are in Nigeria to explore investment opportunities in the country. The Chief Executives of the visiting firms, led by the Minister of Industry, Trade and Investments, Dr Okechukwu Enelamah, on Tuesday paid a courtesy...

June 20, 2018 No Responses

FG Explains N1.580Trillion Capital Cost To MDAs

The Federal Government has announced that a total of N1,580,270,755,084.44(One trillion, five hundred and eighty billion, two hundred and seventy million, seven hundred and fifty-five thousand, eighty-four naira, forty-four kobo) capital cost was released to M...

June 20, 2018 No Responses

Naira Converges At N360 To Dollar

The Naira on Tuesday converged at N360 to the dollar across the major foreign exchange market, the News Agency of Nigeria(NAN) reports. At the parallel market, the naira traded at N360 to a dollar, stronger than the N360.6 exchanged before...

June 19, 2018 No Responses

Nigeria To Shut Land Border Over Rice Smuggling

The Nigerian Government will shut down the borders with a neighbouiring country through which rice is smuggled on a large scale, the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has said. Ogbeh spoke in Abuja at a...

June 18, 2018 No Responses

Makarfi Joins 2019 Presidential Race

Former National Caretaker Committee Chairman of the People’s Democratic Party (PDP), Senator Ahmed Makarfi, has joined the 2019 Presidential race under the platform of the PDP. Addressing reporters on Sunday, Makarfi said: “I have been consulting acro...

June 18, 2018 No Responses

2018 Airport Business Summit To Address Aviation Development Challenges

The forthcoming Airport Business Summit and Expo for Africa (ABSE) scheduled for Abuja is to address challenges in the continent’s aviation sector, according to the organisers. The summit, which would be held between July 4 to 6, 2018, with the...

June 17, 2018 No Responses

‘There Is Still Hope For Super Eagles’

A former chairman, Nigeria Football Association (NFA), Alhaji Aminu Maigari said the Super Eagles did not play too badly in their 0-2 loss against Croatia on Saturday. Maigari passed the verdict in an interview with the News Agency of Nigeria...