nigeria

UK Court Stays Execution Of $9.6bn Debt Against Nigeria

September 27, 2019 4:59 am

Reprieve came the way of Nigeria on Thursday as a UK Commercial Court granted a stay of execution of the 9.6 billion dollar judgment debt made against the country over a botched gas contract.

A statement on the court’s decision in London was made available to newsmen in Abuja by the office of the Minister of Information and Culture, Alhaji Lai Mohammed.

“Earlier today, the UK Commercial Court granted the Federal Government of Nigeria’s request for leave to appeal, enabling the Government to appeal the Court’s recognition of the UK Arbitration Tribunal in the UK Court of Appeal.…

Who Is The ‘god’ Of The African Man – Onyeka Chiemelie

September 27, 2019 4:36 am

The human mind is very powerful when left to wander far and wide without restrictions, without direction.

A critical, analytical mindset is a dangerous thing to lose because this is what births all forms of creativity and inventions.
The mind would wander earlier today as I sat on my bed with legs crossed and eyes affixed to a vantage point deeply thinking on the sophisticated creations of man in advancing healthcare through the advent of medicine and drugs, the inter-ballistic missiles and weaponry to promulgate and enhance warfare, the hybrid communication gadgets and the sophisticated technologies.
You cannot take it
…
Nigeria to host conference on Islamic finance

Nigeria to host conference on Islamic finance

September 20, 2019 7:29 pm

Nigeria is set to host the 4th edition of the African International Conference on Islamic Finance (AICIF), a gathering of the leading financial experts, regulators and frontline voices from the global banking community.

They will converge in Nigeria’s commercial capital, Lagos, to discuss how Africa can enhance its markets, build stronger, more robust economic ecosystems and ensure wider financial inclusion.

This year’s conference is themed: Infrastructure Financing, Sustainability and the Future of African Markets and will hold on Monday, November 4 and Tuesday, November 5.

Read Also: I have nothing against Islam, says Wike

Speaking on the conference, Ummahani …

Mayor of Johannesburg says no need to apologise to Nigeria

Mayor of Johannesburg says no need to apologise to Nigeria

September 18, 2019 11:27 am

Mayor of Johannesburg Herman Mashaba has said it “was not necessary” for South Africa to apologise to Nigeria for the recent xenophobic attacks.

“No, there is nothing for me to apologise about,” Mashaba said on CNBC Africa’s Political Capital on Tuesday.

“What do you expect me to really apologise for?”

Nigerians and other foreign nationals were attacked earlier in September by irate mobs of South Africans who blamed them for spiking unemployment and drug-related crime rates.

Many non-South African businesses in and around Johannesburg and Pretoria were also vandalised and looted by the mob.

South African president Cyril Ramaphosa apologised …

Report: Nigeria loses $600m annually to illegal fishing

Report: Nigeria loses $600m annually to illegal fishing

September 16, 2019 11:32 am

Nigeria is losing $600 million annually to illegal and unreported fishing by foreign vessels as a result of lack of equipment such as Automatic Identification System (AIS) and Vessel Monitoring System (VMS), and adequate manpower to police the country’s vast coastline, THISDAY’s investigation has revealed.

THISDAY gathered that the country also spends $800 million annually on fish importation, being the fourth largest importer of fish in the world, after China, Japan and the United States.

Nigeria imports frozen fish varieties, including mackerel (locally called Titus or alaran), herrings (locally called shawa), horse mackerel (locally called kote), blue whiting (locally called
…
DR Junaid Mohammed, a medical doctor, politician and member of the Northern intelligentsia, speaks on the self-determination quest by the Indigenous People of Biafra, IPOB, the xenophobia attacks by South Africans on Nigerians

‘Southeast is landlocked, can’t survive outside Nigeria’

September 15, 2019 2:59 am

Dr Junaid Mohammed, a medical doctor, politician and member of the Northern intelligentsia, speaks on the self-determination quest by the Indigenous People of Biafra, IPOB, the xenophobia attacks by South Africans on Nigerians and other foreign nationals in South Africa, the $9.8 billion judgment debt against Nigeria, 2023 presidential elections and power shift. He also speaks on other contemporary national issues. Excerpts.

What do you think about the xenophobic attacks on Nigerians and other foreign nationals in South Africa and the nature of reaction to it by the Federal Government and the people?
This is very unfortunate. The xenophobic attack …

'Nigeria has been under serious bastardization for years'

‘Nigeria has been under serious bastardisation for years’

September 15, 2019 2:34 am

Senator Anthony Agbo represented Ebonyi North Federal Constituency at the 6th Senate on the platform of the Peoples Democratic Party (PDP) and was appointed to committees on National Identity Card and Population, Housing, Federal Capital Territory and Drugs Narcotics Anti-Corruption.
During the last governorship election in Ebonyi State, Agbo was the Director-General, Senator Sonni Ogbuoji Campaign Council of the All Progressives Congress, APC.
He was a former Speaker, Commissioner of Finance, as well as Commissioner of Public Utilities. Agbo, who was reputed to be very active in plenary and committee work at the Red Chambers in this encounter with Sunday …

Nigeria as an Army arrangement

Nigeria as an Army arrangement

September 14, 2019 12:00 am

By Odumodu Gbulagu

Nigeria as it stands today is simply an army arrangement.
Because of the ban on teaching of history in schools, the current generation barely know next to nothing as what has transpired in the history of our country.
Most of them are comfortable with phones and data abusing people who do not share their views in the name of working for one politician or another.

The history of Nigeria cannot be fully appreciated without taking into account the military incursion in politics. It all started with the January 15, 1966 coup d’etat led by Major Nzeogwu and …

Nigeria loses ₦2 billion daily to petrol smuggling

Nigeria loses ₦2 billion daily to petrol smuggling

September 9, 2019 2:38 am

The Nigerian National Petroleum Corporation (NNPC) has confirmed that the nation’s economy loses ₦2 billion daily to fuel smuggling.

This comes as the Federal Government said its border closure decision had led to a reduction in the demand for the product, even as prices for rice and frozen foods keep rising due to restricted supplies.

Indeed, the national oil company submitted that it had witnessed a significant drop in Premium Motor Spirit (popularly called petrol) evacuation from the depots since August 22.

There had been concerns about the nation’s daily fuel demand, especially when the amount used to offset subsidy …

Xenophobic attacks threaten $60bn Nigeria-S. African trade

Xenophobic attacks threaten $60bn Nigeria-S. African trade

September 6, 2019 1:53 am

The testy relations between Nigeria and South Africa due to the xenophobic attacks in the rainbow nation and the reprisal in Nigeria may affect the volume of trade between both countries currently put at over $60 billion, THISDAY checks have revealed.

The Consul-General of the South Africa High Commission, Mr. Darkey Africa, had put the official trade volume between both countries at $60 billion.

Also, the National Bureau of Statistics First Quarter 2019 Foreign Trade Statistics also revealed that South Africa is one of Nigeria’s top five export destinations as the country exported goods with total value of N325.5 billion …

Denying South presidency in 2023 may consume Nigeria -Vatsa

Denying South presidency in 2023 may consume Nigeria -Vatsa

September 4, 2019 9:42 am

Former Commissioner for Information, Culture and Tourism in Niger State, Jonathan Vatsa believes that there should be power shift to the Southern part of the country in 2023. In this interview in Minna, Vatsa spoke on a wide range of issues including the marginalisation of Niger State by President Buhari, the 2023 presidency and what Nigerians should expect from the newly inaugurated Ministers.

After much waiting games, the President  has eventually inaugurated his cabinet; what should Nigerians expect from this cabinet?

A lot, I mean a lot because the time for blame games are over; there are no more …

Breaking: MTN Nigeria closes shops nationwide

Breaking: MTN Nigeria closes shops nationwide

September 4, 2019 9:05 am

South Africa owned telecommunications giant, MTN has announced the closure of all its shops in Nigeria.

This may not be unconnected with the threat by some Nigerians to reciprocate the Xenophobic attacks on Nigerians in South Africa.

The News Agency of Nigeria (NAN) reports that there had been series of attacks on Nigerians and their businesses in South Africa.

An action which the minister of Foreign Affairs Geoffrey Onyeama says the South African government was not doing enough to quell.

The attacks by South Africans also led to an attempt by some Nigerians to raze some South African owned companies …

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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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