Nigeria has lost opportunity of exporting 1.4 million tons of coal from the middle belt area of the country to Ghana annually, the Nigerian Export Import Bank, NEXIM has said. Speaking at the Sub-regional workshop and joint committee meeting organized by the Union of African Shippers Council in conjunction with the United Nations Conference on […]
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Diamond Bank Plc has disclosed that it controls 40 percent market share of the volume of Unstructured Supplementary Service Data (USSD) in the country’s banking sector. In an interview with correspondent in Lagos, Mr. Alex Alozie, Head of Operations Department, Diamond Bank said: “As at today, the number of customers, using our USSD code*426#, is […]
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NATIONAL BROADCAST BY H.E MUHAMMADU BUHARI PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE 58TH INDEPENDENCE ANNIVERSARY, 1ST OCTOBER, 2018 Fellow Nigerians, Today is a day of celebration and solemn reflection. It is the anniversary of the day Nigerians realised one of the most cherished of human desires – the desire for freedom. We, […]
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The Nigerian Airforce has confirmed that two of its aircraft taking part in rehearsals for Nigeria’s 58 independence anniversary have crashed in Abuja. A statement by Air Commodore Ibikunle Daramola, Director of Public Relations and Information said’, “I wish to confirm an air incident involving 2 Nigerian Air Force aircraft taking part in the rehearsals […]
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Former Vice President and Presidential aspirant on the platform of the Peoples Democratic Party, PDP, Alhaji Atiku Abubakar yesterday described Nigeria as a nation at a crossroad because her people elected a president in 2015 who had succeeded in dividing them. Addressing Anambra PDP delegates to the forthcoming presidential primaries of the party in Awka, […]
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The Chief of Army Staff, Lt.-Gen. Tukur Buratai, says in spite of pocket of attacks by remnant of Boko Haram terrorists in Borno North, the army is tightening the noose against them. Buratai, therefore, urged Nigerians and people of the region in particularly not to panic as those attacks do not signal resurgence of insurgency […]
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The Debt Management Office, DMO, has assured the public that Nigeria’s public debt is being managed under statutory provisions and international best practice, and there is no risk of default on any loan, including the Chinese loans. It said claims of a possible seizure of national assets by the Chinese government are unfounded, saying “the […]
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Against the backdrop of the Nigerian government’s policy on domestication of the rice industry and the war against its illegal importation, sea ports of West African countries are still receiving large quantities of the commodity, apparently for onward shipment to Nigeria through land borders. Consequently the commodity still tops the smuggling chart and seized items […]
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The U.S. Ambassador to Nigeria, Mr Stuart Symington has attributed poor social infrastructure development in Nigeria to the weak system of tax collection in the Country. Symington made this known on Tuesday, while speaking at the 10th anniversary colloquium of the Nigerian Development Finance Forum, organised by Financial Nigeria Magazine in Abuja. He blamed the […]
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Heads of State, Governments and delegations from 52 African countries, which includes Nigeria and the People’s, Republic of China met in Beijing, under the auspices of the Forum on China and Africa Cooperation (FOCAC). The tri-annual summit was held with the theme: “China and Africa: Towards an Even Stronger Community with a Shared Future through […]
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Recently calculated total exports to Nigeria from China amounted to about $75 billion while on the Nigerian side, total export to China was about $9.6 billion. This took the total trade volume between the two countries, as at July this year, to about $85 billion. The Economic and Commercial Councilor, China Embassy in Nigeria, Zhaor […]
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The Deputy Ambassador of the Netherlands to Nigeria, Mr Michel Deelen, on Friday expressed his home government’s readiness to support more Nigerian farmers to boost the nation’s food production.Deelen gave the promise at a networking event for journalists in Lagos on a post Dutch Roots Conference recently organised by the International Federation of Agricultural Journalists(IFAD). […]
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