Nigeria’s paint industry is projected to record five per cent growth rate from its present estimated $268 million (₦96.50 billion) to $377 million (₦135.80 billion) by 2025, a business expert has said. Chris Kiwamu, Managing Consultant, Kirsten Turner Consulting, made the projection on Wednesday in Lagos during the 30th Annual General Meeting (AGM) of the […]
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Former Governor of Anambra State and Vice-Presidential candidate of the Peoples Democratic Party, PDP, Peter Obi, has decried the current high debt profile of Nigeria which the current Federal Government plunged the country into. He said it was “quite unfortunate that Nigeria was owing $30 billion some time ago and our creditors cancelled the debts […]
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The United States Ambassador to Nigeria, Mr William Symington, says that Nigeria is the seventh largest integrated market in the world, with more endowments than most countries. Symington made the remark on Monday in Ilorin while delivering the Convocation Lecture at the 34th Convocation Ceremony of the University of Ilorin. The Lecture was entitled: “Citizen […]
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For many years now including the mid-year economic growth projections, the World Bank and the International Monetary Fund, IMF, have consistently presented growth rates below Nigeria’s official figures, and the IMF’s director in charge of Africa, Mr Abebe Selassie, said the Bretton Woods Institution’s figures are always more current than Nigeria’s. There have been such […]
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Senior Pastor of the Latter Rain Assembly, Dr. Tunde Bakare, has said Nigeria’s corruption problem will be solved, if the people put aside the culture of hypocrisy and speak truth to those in power. He spoke on Sunday at the Thanksgiving service to mark the 16th anniversary of Foursquare Gospel Church, Asokoro Abuja. Quoting from […]
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Prof. Kingsley Moghalu, the Presidential Candidate of the Young Progressives Party (YPP) on Friday said that he was contesting for the office of the President as a Nigerian and not as an Igbo man. Moghalu, who was a former deputy governor of the CBN, said that Nigeria’s problem was not about tribes, but socio-economic problems […]
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Published on 10.10.2018 at 23h54 by AFP At least seven Nigerian soldiers were killed in a Boko Haram jihadist attack on a military base near the Niger border, the military said Wednesday. The Islamists and the army were engaged in a fierce battle on Monday in Metele, a village in Nigeria’s northeast Borno State, the […]
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The International Monetary Fund yesterday called for judicious use of Nigeria’s external reserves in defending the naira against the outflow of foreign portfolio investment triggered by rising interest rate in the United States and other advanced countries. IMF’s Head, Emerging Economies Regional Studies Division, European Department, Anna Ilyina made this call in Bali, Indonesia, while […]
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The International Monetary Fund (IMF) has cut the growth projections made for Nigeria to 1.9 percent from 2.1 percent, saying the country’s economy is doing poorly. Gian Maria Milesi-Ferretti, deputy director at IMF’s research department made this known yesterday while addressing journalists at the ongoing annual meetings of the International Monetary Fund and World Bank […]
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The All Progressives Congress APC has congratulated Alh. Atiku Abubakar on his emergence as the Peoples Democratic Party PDP 2019 presidential candidate, but told him in clear terms that the seat of Nigeria’s president is not for the highest bidder. In its first formal reaction to Atiku’s emergence, APC in a statement by its acting […]
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Google has announced the launch of its partners programme in Nigeria, which is designed to further empower the country’s digital ecosystem. The certification programme brings together Google and advertising agencies, digital marketing agencies, and other online consultants who manage AdWords accounts. The company, which made the disclosure recently in Lagos, explained that the initiative was […]
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Minister of Labour and Employment, Senator Chris Ngige, has spoken of the commitment of President Muhammadu Buhari-led administration to job creation through bilateral collaboration between Nigeria and the Republic of Korea in the area of technical and vocational education. The Minister stated this in Abuja when he received on Diplomatic visit, the Republic of Korea […]
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