Tag Archives: nigeria

The Kenyan elections  have come and gone but the sour taste the exercise left in the mouths of many is still fresh. Though peace is back to the east African powerful nation, one man instrumental in the peace process through outreaches to the slums of Kenya is not a Kenyan. Johnbull Da Prince is a Nigerian who has seen Kenya …

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West Africa has been at the heart of the continent’s growth and economic transformation in recent years. Notwithstanding the sharp slowdown experienced in 2016 and 2017, the region’s economy is expected to rebound in 2017 onwards. Commodity-based economies, like Nigeria, are slowly recovering from the fall in oil prices and oil production, while countries like Côte d’Ivoire, Mali, and Senegal …

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Flour Mills of Nigeria has concluded plans to sell shares through a rights issue to cut debt and is registering a N70 billion bond programme to refinance short-term loans, the conglomerate said on Wednesday, Reuters has reported. Several Nigerian companies have tapped capital markets this year to shore up their balance sheets after a currency crisis in 2015 dragged the …

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Mercer (www.Mercer.com) South Africa (Consulting) (Pty) Ltd has announced on 25 October 2017 that it has entered into a strategic partnership agreement with EZ37 Solutions Limited (www.EZ37solutions.org), a Nigeria based Human Resources firm. Under the terms of the agreement, global human resources consultancy Mercer, will utilize the deep knowledge of the local Nigerian market and the wide relationships already in …

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As Nigeria marks her 57th anniversary, the citizens have been asked to embrace unity despite the nation’s diversity. Making this call in a statement on the independence celebration of the country on 1st October, Chairman, House of Representatives Committee on Rural Development, Hon. Oladipupo Adebutu stressed that the country could only achieve its desires if her citizens co-habit as one. …

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Herders and farmers now share a fragile co-existence in Nigeria, further underscoring the fact that man needs the environment and the latter doesn’t need him. Tayo Olanipekun writes that effects of Climate Change on rural dwellers are quite death-dealing. He also focuses on how soil degradation brought death, sorrow and distrust.   Attacks on farmers by suspected Fulani herdsmen may …

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The Federal Government has said it relies heavily on the Dangote refinery (www.Dangote.com) to fulfill its promise to Nigerians to end fuel importation by December 2019. To this end, the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, who visited the Dangote oil refinery site at Lekki Free Trade Zone, in Lagos, said the government is ready to play …

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Nigeria and the United Nations (UN) on Thursday signed a five-year Sustainable Development Partnership Framework (UNSDPF) (2018-2022) which is a successor programme to the current United Nations Development Assistance Framework III (UNDAF III) (2014-2017) in Nigeria. The signing ceremony, which was done in Abuja, was the result of the joint effort between the United Nations, the Government of Nigeria and …

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President Muhammadu Buhari’s anti-graft war has suffered a massive setback with the suspension of the Nigerian Financial Intelligence Unit (NFIU) from the Egmont Group, TheCable can report. And if Nigeria fails to comply with the group’s demands for a legal framework granting autonomy to the NFIU by January 2018, the country will be expelled from the global body which provides …

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Libya and Nigeria, which have both boosted oil production since they were exempt from global cuts this year, may be asked to cap their crude output soon in an effort to help re-balance the market, Kuwait Oil Minister Issam Almarzooq said. OPEC and non-OPEC producers have invited the two African nations to their committee meeting in St. Petersburg, Russia, on …

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