Nigeria Archives — Page 563 of 636

January 12, 2017 No Responses

Emission: VW pleads guilty, to pay $4.3 Billion

By Tom Schoenberg, Christoph Rauwald and David McLaughlinBloomberg Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $4.3 billion in criminal and civil...

January 12, 2017 No Responses

Nigeria unveils plan to end hunger by 2030

The Federal Government has launched strategic plan and roadmap to achieve zero hunger by 2030. The plan tagged: “Synthesis Report of the Nigeria Zero Hunger Strategic Review” articulates what Nigeria needs to do to achieve Sustainable Development G...

January 12, 2017 No Responses

TinCan Island Port generates N256.4b in 2016

Between January and December 2016, the Tincan island command of Nigeria customs service (NCS) generated n256.4 billion, compared with N266.1 billion in the previous year. The command attribute the slight drop to some factors beyond its control. In a statement...

January 11, 2017 2 Responses

PwC: Emerging markets still deprived of fit-for-purpose financial systems

A new report from the stable of PwC has challenged Policymakers, regulators and financial services organisations to be more active as part of measures to shape a financial system “that is fit for purpose”. The report explained that lack of...

January 11, 2017 No Responses

Step up your engagement, Osinbajo tells anti-corruption agencies

Anti-Corruption agencies in the country have been urged to step up their engagement with the Nigerian public especially because “there are still those who think when a politician who is their kinfolk steals, it is permissible”. Vice President Yemi Osinbajo...

January 11, 2017 No Responses

FG explains $300m diaspora bond

The Minister of Finance, Mrs Kemi Adeosun, on Tueadsy explained that the $300 million Diaspora bond would be rolled out in March this year. Speaking on Tuesday when the Senior Special Assistant on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa, ...

January 11, 2017 No Responses

FG awards contract for repair of Abuja-Kaduna road

Sequel to the planned usage of the Kaduna International Airport for flights in and out of Abuja, while the runway of the Nnamdi Azikwe International Airport, Abuja undergoes rehabilitation works, the Federal Government has awarded a contract for the emerge...

January 11, 2017 No Responses

‘Crew kidnappings reach decade high in 2016’

More crew were kidnapped at sea in 2016 than in any of the previous 10 years, despite global piracy reaching its lowest levels since 1998, according to the ICC International Maritime Bureau’s (IMB) annual piracy report. In its 2016 report,...

January 11, 2017 No Responses

Edo restates commitment to human capital development

The Edo state government on Tuesday said its focus was to massively invest in the education sector aimed at improving the quality of human resources to drive the process of industrialization and agriculture. Besides, government said it would extend its...

January 10, 2017 one Response

FG reconstitutes FRC board, suspends Code

President Muhammadu Buhari has approved the immediate removal and the replacement of the Executive Secretary and the reconstitution of the board of the Financial Reporting Council of Nigeria (FRC). He has appointed a Chairman and a new Executive Secretary f...

January 10, 2017 No Responses

Motorised weeders demonstrate imperatives of cassava mechanisation

Gasoline powered simple weeders adapted for weeding in cassava farms hold promise and may take off the burden of weeding faced by small-scale farmers in Africa. Initially acquired as tillers, these simple tools are being modified and adapted as weeders...

January 10, 2017 No Responses

Buhari removes four heads of Aviation parastatals

President Muhammadu Buhari has removed four heads of parastatal agencies and college in the nation’s aviation industry. A statement released by the Permanent Secretary, Federal Ministry of Transportation, Alhaji Sabiu Zakari explained that those relieved of ...

January 10, 2017 No Responses

NIMASA redeploys Directors, others

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has approved the redeployment of some senior management staff of the Agency. According to the DG, the new postings are expected to reposition the Agen...

January 10, 2017 No Responses

IMO cautions against extending EU-ETS to Shipping

Including shipping in the European Union’s Emission Trading System (EU-ETS) could undermine efforts to reduce greenhouse gas (GHG) emissions from shipping on a global basis, International Maritime Organization (IMO) Secretary-General Kitack Lim said in a let...