The BBC Africa to Host Language Debates for 10 Gubernatorial Elections

BBC Africa will hold 10 language debates across Nigeria in Hausa, Igbo, Pidgin and Yoruba.

People will be able to debate the issues that matter to them in their own language. The debates will ask

President Buhari and V-P Osinbajo gets New 10-Year Validity e-Passport

NIGERIA - President Muhammadu Buhari on Tuesday, launched the new 10-year  Validity Nigerian International e-Passport.

 Photo Credit: NAN PHOTO

2019NigeriaDecides : All You Need to About 2019 General Elections...Seven-step Voting Procedure

The Independent National Electoral Commission (INEC) has outlined the voting procedures for the 2109 general elections. 

Please be mindful of the following steps: 

Step 1:

#PVCitizen: Easy Way to Pick Your PVC Up

NIGERIA - To make it easy to pick up your Permanent Voters Card (PVC) in the 2019 elections, The Independent National Electoral Commission (INEC) has come up with a way to locate exactly what ward your PVC is in.

There are two ways to find out:

Train Accident : LASEMA Gives Update on Lagos Train Accident

Lagos State Emergency Agency (LASEMA) Thursday morning said efforts are ongoing to save persons trapped in a train accident that occurred around Ashade Ram Market in Agege area of the state. LASEMA said the accident happened around 7am.

In a statement by the agency at about 11am, the train moving en route Ebute Metta via Oshodi from Iju with full capacity passengers derailed from its tracks.

"Further investigation revealed

‘Agric, Solid Minerals Export crucial to Economic Diversification’

The Federal Government must seek to boost agricultural and solid minerals export to boost its economic diversification drive, the Managing Director, Nigerian Ports Authority, Mr. Habib Abdullahi, has said.

He said the agency had therefore keyed into the Federal Government’s agenda to diversify the economy by focusing on ways to encourage the export potential of agricultural products and solid minerals.

Fuel scarcity will persist till May – Kachikwu

ABUJA – At a time when Nigerians were expecting respite from the pangs of the lingering fuel scarcity in the country, the Minister of State for Petroleum, Mr. Ibe Kachikwu has apparently dashed their hopes, stating that the current queues at gas stations would persist till late May. 

The minister who doubles as the Group Managing Director, GMD of the Nigerian National Petroleum Cooperation, NNPC added that he was not a magician to make the queues disappear overnight. 

PORT-HARCOURT Re-run polls: Shootings continue in Rivers

— THE orgy of violence, which characterised Saturday’s re-run polls for some federal and state legislative seats in Rivers State continued, yesterday, as the results were being collated. 

There were sporadic shootings in Abonema area of Port Harcourt, the state capital. The shooting which lasted for about 30 minutes caused panic as people around Mile 1 and Azikiwe road scampered for safety.

Market to sustain tempo this week —Analysts

Financial analysts have said last week’s bullish trend in the country’s capital market will be sustained this week, all things being equal.

They, therefore, see the possibility for some improvements in the general performance of the market.

“We expect the equity market to take up slightly more bullish bets as earnings season gets into gear albeit with stints of profit taking following the past week’s rally,” analysts at Vetiva Capital Management Limited said in the firm’s weekend report.

The Nigerian Stock Exchange opened last week on a positive note, bolstered by weighty gains in the industrial goods sector as investors looked forward to the release of Dangote Cement Plc 2015 financial results.

The bourse maintained this bullish sentiment Tuesday through Wednesday last week, with all key sectors closing in the green following the eventual release of Dangote Cement results.

Investment Inflow into Nigeria drops by N2.3tn- IFEANYI ONUBA

Over the past three years, the flow of investment into the country has been declining due to issues in the economy, which have made Nigeria not to be the darling of foreign investors again, IFEANYI ONUBA writes

Ejinkeonye,                                Gwarzo

The Nigerian economy recorded a total decline of $11.68bn (N2.3tn) in investment inflow in the last three years, investigations have revealed.

It was learnt that since 2013, the country had been experiencing persistent decline in the value of direct and portfolio investments.

For instance, figures obtained by the National Bureau of Statistics stated that as of 2013, the country had a total investment inflow of $21.32bn (N4.2tn).

This figure, according to an analysis of the report, declined to $20.72bn (N4.08tn) and $9.64bn (N1.89tn) in the 2014 and 2015 fiscal periods respectively.

Cumulatively, between January 2013 and December 2015, the country recorded total investment inflow of $51.7bn (N10.18tn).

Join Active Tourism Nigeria to Olumo Rock | Saturday March 12| Adventure & Culture Awaits YOU!

Active Tourism Nigeria would love to have you at our next event coming up on Saturday, 12th of March 2016.

This time around, we will be exploring Abeokuta, Ogun state. Our main attraction is Olumo Rock and we would also visit the Alake’s Palace.

Zuma to meet Buhari over MTN fine

The Minister of Communications, Mr. Adebayo Shittu, on Wednesday said that the Federal Government had concluded plans to meet with the MTN Group to resolve the dispute over the N1.04tn fine imposed on the telecommunications firm, which was later reduced to N780bn.

Although the minister said that the meeting would hold “very soon,” reliable sources in the ministry told one of our correspondents that “the meeting will hold next week with the South Africa’s President, Jacob Zuma, in attendance.”

Zuma is billed to visit Nigeria next week for talks with President Muhammadu Buhari on the matter and other issues, according to details of an itinerary at the Presidential Villa in Abuja.

Nigeria Economy: Naira gains 17%, Sells for 310/dollar

The naira rose by 17.3 per cent on Tuesday against the dollar at the parallel market to 310 from 375, which it traded on Monday.

 

The naira had been on a free fall in the last two weeks, peaking at 391 against the greenback at the parallel market last week Thursday. The local currency, however, began a gradual recovery on Friday.

Foreign exchange dealers told our correspondent on Tuesday that the naira’s recovery could be linked to the gradual inflows of foreign exchange into the forex market.

Quick facts about Devaluation

Q. What is Currency Devaluation?

A. Devaluation is a deliberate downward adjustment to the value of a country’s currency, relative to another currency, group of currencies or standard. It is a monetary policy tool of countries that have a fixed exchange rate or semi-fixed exchange rate. It is neither depreciation nor revaluation.

A rise fall in the value of the domestic currency in terms of other foreign currencies in the case of fixed exchange rate system is referred to as devaluation, according to the Central Bank of Nigeria.

The Biography Of The Richest Black Person, ALIKO MOHAMMAD DANGOTE (eBook)

The Richest Black Person

The New York-based Forbes magazine had not deemed it fit to include an African south of the Sahara in its List of Worlds Billionaires in its 100-year history until 2008 when the name of Nigerias Aliko Dangote appeared worth $3.3billion. In 2011, Aliko's fortune jumped to astronomical $13.8 billion, a 544 % increase in the history of wealth creation. Today, this African is the worlds richest black person worth $16.1 billion.

How did he achieve this feat? What were the sources of his wealth? How did a -56-year old half orphan, who grew up in the arid dessert of Kano, northern Nigeria, invest a- $500 loan and turn it into the largest business conglomerate in Nigeria and West Africa in 36 years? Download a copy of this book and find out more.

What Are People Saying About This Book?

Foreign Exchange situation Extremely Tight, says Dangote

Dangote Group has said it is struggling with a constricted supply of foreign exchange and is relying on its international cement operations and export-credit agencies to get around the shortage.

 

The forex situation is extremely tight in Nigeria,” the Group Executive Director, Dangote, Devakumar Edwin, said in an e-mailed response to questions on Wednesday, according to Bloomberg.

Nigeriens begin Voters Registration in Nigeria ahead Feb. 21 presidential poll

Citizens of Niger Republic, based in Nigeria, have commenced voter registration ahead of the country’s presidential election scheduled for Feb. 21, 2016.

The. News Agency of Nigeria (NAN), reports that the voter registration exercise, which commenced on Sunday, February 7, would be rounded off on Wednesday Feb. 10.

JCIN IKEJA SENSITIZE LASSA FEVER THROUGH ONLINE MEDIA ON FRIDAY

Determined to bring joy and sensitize Nigerians and Africa in Diaspora about the deadly disease, “LASSA FEVER”, Junior Chamber International Nigeria, Ikeja THE LEGACY BUILDER, will on Friday January 29^th, Join hands with renowned Nigerians and world health authorities to educate on good health and well being. The interactive segment is scheduled on Twitter for easy communication.

In its commitment to expand global sensitization of Lasa Fever, contribute good health and well being according to SDG GOAL, the Local Organization President of Junior Chamber International Nigeria, Ikeja, Olamide Akin Balogun Confirmed that #KickLassaFeverOutCampaign Online Campaign is being hosted by JCI, Global Impact Ambassador, Medicaid Diagnostics, Bring Back our Girls Group, KebbiState, Host (health matters on NigeriainfoFM99.3 ) to answer questions on everything LASSA FEVER.

Statistic of N520bn shortfall in Tax Revenue recorded by FG

The Federal Government earned a total of N2.92tn from taxes in the first nine months of 2015, statistics obtained from the Federal Inland Revenue Service have revealed.

The statistics were exclusively obtained by our correspondent in Abuja on Sunday.

The amount when compared with the N3.44tn, which the Federal Government had set for the FIRS as target for the nine-month period, represented a decrease of N520bn.

A breakdown of the tax revenue earned by the service within the period showed that the sum of N756.7bn was collected in the first quarter of 2015 as against the quarterly revenue target of N1.02tn. The N756.7bn was raised from Petroleum Profit Tax, which contributed the sum of N368.59bn, and non-oil taxes on which the sum of N388.1bn was collected.

Movie premiere : "Ghana Must Go" featuring Yvonne Okoro, Nkem Owoh and more

... A must watch! Won't miss it @yvonneokoro congrats 2nd January

WOW!! Ghanaian eventually speaking in action movie, what they truly want about the "Ghana Must Go" packaging and the Nigerian star actor Nkem Owoh also view in movie.