foreign

Nigeria Withholding $450m Belonging To Foreign Airlines -IATA

Nigeria Withholding $450m Belonging To Foreign Airlines -IATA

June 21, 2022 5:40 am

The International Air Transport Association (IATA) has revealed that Nigeria is holding back about $450 million in revenue earned by foreign airlines operating in the country.

Vice President for Africa and the Middle East, IATA, Kamil Al Awadhi, made the remark yesterday at the opening of its 78th annual general meeting and world air transport summit in Doha, Qatar.

‘A financially viable air transport sector supports jobs and must be a driving force for Africa and the Middle East economic recovery from COVID-19,’ Al Awadhi said.

Read Also: Federal Govt Moves To Sanction Airlines Over Flight Delays

‘A priority …

Foreign Investment: Forget Sokoto, Target ‘Shokoto’

January 27, 2020 8:06 am

“We shall not cease from exploration, and the end of all our exploring will be to arrive where we started and know the place for the first time” – T. S. Eliot (1888-1965)

There is this popular Lagos saying that people have the tendency of looking for opportunities or valuables in Sokoto when in fact, those opportunities exist in ‘shokoto’ also spelt as Sokoto, but pronounced differently. Sokoto is the Capital of Sokoto State in Nigeria which is understood to be very far from Lagos. It is about 980 kilometers away from Lagos and can take a better part …

Africans And Foreign Organised Religions

Africans And Foreign Organised Religions

January 22, 2020 8:08 pm

Foreign organised religions from the West and Arab nations which were used to further subjugate and make Africans better slaves to the slave masters in the colonial days, unfortunately, are very much prevalent in the contemporary African society.

The Catholic faith which was the pioneer of Christianity invented “Confession,” purposely for the white priests to know and checkmate the activities of slaves that might be rebellious, and Africans ignorantly thought that they were confessing their sins to a Supreme Being up in the sky that had the power to cleanse them of their so-called sins through the Catholic priests. 

Quite …

EFCC

Foreign Countries Protecting Diezani – EFCC Boss, Magu

January 22, 2020 4:11 pm
Mr Ibrahim Magu, the acting Chairman of Economic and Financial Crimes Commission (EFCC), has alleged that some foreign countries were sabotaging the commission’s efforts at repatriating a former Minister of Petroleum, Diezani Allison-Madueke.

He stated this on Wednesday during an official visit to the Ibadan zonal office of the commission.

EFCC had in the last five years been on the trail of the former minister over alleged corrupt practices.

Read Also: Nigerians In America Back S’West Governors On Amotekun

Magu said that he suspected sabotage on the part of some foreign countries over Allison-Madueke’s case

The EFCC boss wondered why

…

Border: Foreign Rice Drops As Dealers, CBN, Customs React

January 19, 2020 2:33 pm
The federal government’s border closure, increased surveillance by the Nigeria Customs Service (NCS) and the Anchors Borrowers Programme (ABP) of the Central Bank of Nigeria (CBN) have dropped the volume of foreign rice in Nigerian markets.

A report released on Sunday by Economic Confidential puts the figure at 37 percent, down from 70 percent as at March/April 2019.

Foreign rice such as Mama Gold, Royal Stallion, Rice Master, Caprice, Falcon Rice and Basmati have reduced in the market, while Nigerian rice including Umza and Fursa Crown from Kano, Mama Happy from Niger, Labana Rice from Kebbi, Olam Rice from Nasarawa,

…

Border Closure: Customs Seize 42 Bags Of Foreign Rice

January 19, 2020 6:15 am
The Nigeria Immigration Service (NIS) says it has intercepted 42 bags of foreign rice at Kankara axis of Katsina State.

The Service Public Relations Officer (SPRO), Mr Sunday James, who disclosed this in a statement made available to News Agency of Nigeria (NAN), on Saturday in Abuja, said that it was concealed in a vehicle.

James said that the officers were on routine patrol along the Kankara axis when they apprehended a vehicle carrying the contraband.

Read Also: Dickson’s Critics Will Regret After His Exit – Bayelsa Govt

According to him, the 42 bags of rice have been handed over

…

Foreign Investors Bought Less Bonds In 2019, Says DMO

January 17, 2020 5:11 am

Foreign investors cut their participation in Nigerian government bond auctions last year, buying just 4.39 per cent of all bonds issued compared with the previous year when they bought 10.99 per cent, a debt office presentation showed.

The debt office said local fund managers bought most of the bonds in 2019, accounting for more than a third of total demand.

In 2017, foreigners bought 11.7 per cent of Nigerian government bonds, Reuters quoted the debt office to have said in a presentation to traders.

Read Also: Hope Uzodinma Probes Okorocha, Ohakim And Ihedioha

Foreign investors reduced their participation in Nigerian …

Foreign Minister Explains Why Iran Must Retaliate

January 7, 2020 1:50 pm

Mohammad Javad Zarif, the Iranian Foreign Minister has again warned the United States that its days in the Middle East are “numbered.”

Zarif had issued a similar threat earlier when he declared that the work to end “US malign presence in West Asia had begun.”

The Minister described the US assassination of a top Iranian military commander, Qassem Soleimani and others last week as “an act of war. “

In an interview with Al Jazeera on Tuesday, Zarif said Iran’s response to Soleimani’s assassination would come in due course.

“Iran will respond because there was an act of war –

…
PDP

You Lack Morale To Caution Against Foreign Treatment- PDP

January 6, 2020 9:23 am
The Peoples Democratic Party, PDP, has slammed President Muhammadu Buhari for counselling Nigerians against travelling abroad to seek medical help.

PDP charged Buhari to lead by example, stressing that such remark was ridiculous.

Buhari had on Friday during the inauguration and handover of a completed project to the management of the Alex Ekwueme Federal University Teaching Hospital in Abakaliki, urged Nigerians to stop travelling abroad for medical treatment.

Read Also: US, Iran War: Trump Described As ‘Terrorist In Suit’

Buhari, who was represented by Ogbonnaya Onu, Minister of Science and Technology, had said it’s not good for Nigerians to travel

…

Austria’s Foreign Ministry Says Facing Serious Cyber Attack

January 5, 2020 4:22 pm

Austria’s foreign ministry is facing a “serious cyber attack”, it said late Saturday, warning another country could be responsible.

“Due to the gravity and nature of the attack, it cannot be excluded that it is a targeted attack by a state actor,” it said in a statement with the interior ministry shortly before 11.00 pm (2200 GMT), adding that the attack was ongoing.

“In the past, other European countries have been the target of similar attacks,” it continued.

Read Also: Philippines President Takes Action After Death Of Soleiman

Immediate measures had been taken and a “coordination committee” set up, it …

Foreign Affairs Reacts To Eviction Of Nigerian Commission

January 3, 2020 11:16 am
The Ministry of Foreign Affairs said on Friday that the Nigerian High Commission has not been evicted from its diplomatic property in Ghana.

Mr Ferdinand Nwonye, Spokesperson of the ministry who made this known in a statement in Abuja, also said that there was no diplomatic row between Nigeria and Ghana.

Nwonye explained that the building was not occupied by the High Commissioner, Chancery or staff of the High Commission but only housed some properties of the mission.

“The attention of the Ministry of Foreign Affairs has been drawn to news circulating in the social media that its property on

…

NANS Declares War On Politicians Sharing Foreign Rice

December 30, 2019 11:38 am

The National Association of Nigerian Students (NANS) on Monday said it is ready to embark on foreign rice hunt, with a threat to deal with any politician in possession of the imported rice.

NANS said any foreign rice found in the coffers of politicians during this festive period shall be combatantly taken over and shared to both students and orphanage homes.

In a statement made available to DAILY POST by the association’s National Public Relations Officer, Azeez Adeyemi, NANS expressed surprise that some politicians have been sharing foreign rice to their supporters during this festive period.

The student body

…

TRENDING

Breaking

𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

follow on social media

Facebook Twitter Youtube Telegram Linkedin

subscribe to newsletter

© 2018 - 2020 Africa digital news, New York
Powered by

People and Polity