nigeria

Towards A New Deal For Nigeria

Towards A New Deal For Nigeria

November 2, 2019 5:26 am

The decision by the National Assembly to amend the Deep Offshore (and inland basin production sharing contract) Act is a huge victory for Nigeria. The articles and clauses of complex legislation may not appear to be the stuff to set pulses racing. But there should be no doubt: this is a watershed moment for our economy, our institutions and our people.

As a result of this amendment, Nigeria could earn an extra billion dollars a year from our oil. These are funds that will help restore our schools and hospitals, repair our roads and infrastructure and give our armed forces …

Aisha Urges Africans To Stop Stigmatising Infertile Women

Nigeria Recall Captain Musa For 2021 Africa Cup Qualifiers

October 30, 2019 5:03 pm

Nigeria recalled skipper Ahmed Musa, South Africa-based goalkeeper Daniel Akpeyi and midfielder Mikel Agu on Monday for next month’s 2021 Africa Cup of Nations qualifiers against Benin and Lesotho.

The Super Eagles will open their qualifying campaign for the tournament in Cameroon on November 14 in the southern Nigerian city of Uyo and then travel to Lesotho three days later.

Musa, who plays for Saudi Arabian club Al Nassr, missed the recent friendly against five-time world champions Brazil in Singapore due to injury.

Akpeyi had been overlooked since the Africa Cup in Egypt after coach Gernot Rohr criticised the

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World Bank Pledges To Assist Nigeria Increase IGR

World Bank Pledges To Assist Nigeria Increase IGR

October 29, 2019 3:59 pm

The World Bank has pledged its support towards assisting Nigeria to increase its Internally Generated Revenue (IGR) to address poverty and service delivery by government.

World Bank Country Director in Nigeria, Mr Shubham Chaudhuri, made the pledged at the opening of a Peer Learning Event organised by the Nigeria Governors Forum (NGF) on Tuesday in Abuja.

Chaudhuri said one of the things that surprised him when he assumed office in Nigeria was the country’s low level of revenue to Gross Domestic Product (GDP), put at eight per cent.

According to him, this is small compared with the number obtainable in

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Nigeria To Lift Ban On Aid Groups In Northeast - Lowcock

Nigeria To Lift Ban On Aid Groups In Northeast – Lowcock

October 25, 2019 8:57 am
United Nations humanitarian chief Mark Lowcock said Friday that Nigeria has promised to lift a ban on two international aid groups working in the restive northeast in the “next few days”.

The army closed down the offices of Action Against Hunger (ACF) and Mercy Corps in northeast Nigeria in September, sparking fears it could worsen the humanitarian crisis caused by the Boko Haram insurgency.

The military accused Paris-based ACF of “aiding and abetting terrorists and their atrocities” by supplying food and drugs to the jihadist fighters.

Lowcock said after meeting local officials and military chiefs in the conflict zone that

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Osinbajo Says Religious Misinformation Can Tear Nigeria

Osinbajo Says Religious Misinformation Can Tear Nigeria

October 25, 2019 4:49 am
Vice President Yemi Osinbajo has warned that religious misinformation by the media is capable of creating conflict that could completely get out of hand and jeopardise citizens’ lives and property.

Osinbajo, who gave this warning yesterday in Abuja at an inter-faith tolerance dialogue organised by the United Arab Emirates (UAE) Embassy, regretted that most Nigerians were not enlightened enough to differentiate between fact and fiction.

READ ALSO: US To Deploy More Troops To Secure Oilfields In Syria

He argued that the conflict in the country presently was that of extremism and not religious, adding that religious leaders must go beyond

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Nigeria To Import Doctors From Europe, US - Osagie Ehanire

Nigeria To Import Doctors From Europe, US – Osagie Ehanire

October 25, 2019 1:30 am

• Plan will curb medical tourism, says minister
• Stop brain drain first, stakeholders advise

Health Minister Osagie Ehanire said yesterday that Nigeria would employ the services of medical experts from Europe and America.

The disclosure came at a time that some stakeholders are expressing concern about the migration of health workers from the country.

Ehanire said officials of the ministry were in touch with foreign embassies for specialists who would work in hospitals across the country for specified periods.

The minister, who stated this during the 2020 budget defense session, said the move would strengthen the nation’s health sector.…

Russia – Nigeria Relations Will Come Alive More - Buhari

Russia – Nigeria Relations Will Come Alive More – Buhari

October 24, 2019 1:57 pm
President Muhammadu Buhari says fresh energy will be injected into Nigeria-Russia relations to bolster an age-long relationship that has been mutually rewarding and promising.

The Presidential aide, Malam Garba Shehu, quoted Buhari as saying this at the second plenary of the Russia-Africa, where more than 40 leaders are participating, at Sochi, Russia, on Thursday.

The President called for a stronger partnership that is humane, inclusive and diversified.

Buhari said the initial warm and harmony enjoyed with the former USSR after Nigeria’s independence in 1960 should be revitalized, so that citizens of both countries could benefit from soci0-cultural, educational, technological and

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FIFA Ranking: Nigeria Drops By One Place, Now World 35th

FIFA Ranking: Nigeria Drops By One Place, Now World 35th

October 24, 2019 8:28 am

Nigeria’s Super Eagles have dropped by one spot in the FIFA World Ranking for the month of October to now place as world 35th country.

In the ranking table from the world football governing body, FIFA on Thursday, Nigeria garnered 1,481 points as against 1482 recorded in September.

However, in spite of the drop, Nigeria still occupies the third spot in Africa behind Senegal and Tunisia who are placed 20th and 29th with 1,546 and 1,495 points, respectively.

On the global scene, although, 184 recent international matches have left their mark on the latest FIFA/Coca-Cola World Ranking, those at the …

Nigeria Moves 15 Places Up On Ease Of Doing Business Index

Nigeria Moves 15 Places Up On Ease Of Doing Business Index

October 24, 2019 6:57 am
Nigeria has moved up by 15 places to 131 on the World Bank’s Ease of Doing Business ranking. Africa’s most populous country was ranked 146th in the previous year.

The report is an annual publication that measures business regulations across 190 countries. In its latest study, World Bank ranked Nigeria in the top 10 economies where business climates have been improved. Nigeria was ranked 15 in ease of getting credits or loans.

Nigeria’s worst ranking in the report was at the ease of registering properties where it ranked 183. Nigeria also ranked 179 in trading across borders.

The latest World

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‘Fintech; Panacea For Exclusion, Funding Impasse In Nigeria

‘Fintech; Panacea For Exclusion, Funding Impasse In Nigeria

October 24, 2019 4:36 am

The advent of Financial Technology (Fintech), a combination of technology and innovative business models in financial services, has gained considerable momentum in recent times, with global investments rising at exponential rates.

It holds the potential to revolutionise the Small and Medium Enterprise (SME) financing, as it can offer unprecedented solutions to deal effectively with the main barriers that SMEs face in financial markets- information asymmetries and collateral shortage.

Indeed, digital technologies, such as online and mobile banking and payment solutions, have had an important impact on traditional SME financing.

They allow financiers to considerably lower transaction costs when reaching out …

Nigeria And Russia Sign MoU On Rail Infrastructure

Nigeria And Russia Sign MoU On Rail Infrastructure

October 23, 2019 12:58 pm

Nigeria, Wednesday in Sochi, Russia, signed a memorandum of understanding (MoU) with Russia for the modernisation, development of railway infrastructure, rehabilitation of the existing Nigerian Railway Corporation (NRC) rolling stock-fleet and upgrading of workshops across the country.

The MoU involves two Russian firms: Russian Joint Stock Company Russian Railway (JSCRR) and Transmash Holding, a private rolling stock manufacturing company.

Signing the agreement on behalf of the Nigerian government, Minister of Transportation, Mr. Chibuike Amaechi, stated that the move was to boost and Fastrack the construction of the rail manufacturing company at Kajola, Ogun state.

Amaechi, signed the agreement with CEO/Chairman, …

Nigeria Budgets For Inefficient Monopolies – Wale Oluwo

Nigeria Budgets For Inefficient Monopolies – Wale Oluwo

October 23, 2019 11:18 am

Olawale Oluwo is a former Lagos State Commissioner for Energy and Mineral Resources who resigned his appointment at the tail end of the Lagos State Governor, Akinwumi Ambode tenure.

Oluwo, who was the speaker at the Afang Summit held recently in Lagos, a monthly gathering of men and women from all sectors of the economy organised by a Lagos based Investment Banker, Joseph Edgar, said among other things that the current Nigeria economy reality cannot drive the country to an enviable destination, that until the Nigerian government hands off sectors of the economy it has no business going into, the …

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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.

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