Top officials of the National Hajj Commission of Nigeria have been arrested by the Independent Corrupt Practices and Other Related Offences Commission over alleged mismanagement or diversion of the N90bn released by the Federal Government to subsidize the 2024 Hajj pilgrimage to Saudi Arabia. The officials were nabbed in their offices and taken to […]
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The seven agreements signed are: cooperation agreement in the field of education; regulation of employment of workers with the Government of Qatar; establishment of a joint business council (JBC) between the Qatar Chamber of Commerce and Industry and the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA); in addition to a […]
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“During the visit, President Tinubu will witness the signing of several agreements focused on boosting Nigeria’s real sector and creating value-additive investments across the fields of trade, education, culture, solid minerals, digital economy, agriculture, and gas, as well as fostering cooperation on counter-terrorism. Nigeria’s President Bola Ahmed Tinubu has commenced his two-day official […]
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The Financial Reporting Council (FRC) of Nigeria is collaborating with the Netherlands to enhance transparency and accountability in financial reporting through the implementation of the Accounting Development Tool (ADT). This was agreed on during a meeting involving the consul-general of the Netherlands Embassy and the Financial Reporting Council of Nigeria on Wednesday, February 21, […]
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The International Monetary Fund (IMF) said Nigeria’s foreign reserve is expected to see a significant reduction, falling to $24 billion in the year 2024. This prediction was detailed in the IMF’s latest country report for Nigeria, signalling potential challenges ahead for Africa’s largest economy. As of February 8, 2024, data from the Central Bank of […]
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The Nigerian and German governments have reached an agreement to enhance cooperation aimed at bolstering Micro, Small, and Medium Scale Enterprises (MSMEs) in Nigeria. Doris Uzoka-Anite, the Minister of Industry, Trade, and Investment, made this announcement during a bilateral meeting convened by the ministry in collaboration with the German Ministry of Economic Development in Abuja. […]
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Socio-Economic Rights and Accountability Project and the Nigerian government have disagreed over the latest ranking of the country by the Transparency International. Transparency International Nigeria says Nigeria now ranks 145 out of 180 on the Corruption Perception Index. The latest index, recently released by TI, indicated that Nigeria moved up five places from previous CPI […]
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Nigeria’s apex bank, the Central Bank of Nigeria (CBN), mitigating its pledge to clear the backlog of foreign exchange owed foreign airlines in the country, has concluded the payment of all verified claims by airlines with an additional $64.44 million to the concerned airlines. Acting Director of Corporate Communications at the CBN, Mrs Hakama Ali […]
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Canada’s third largest province, British Columbia, has restricted new colleges from enrolling foreign students, as a measure to crack down on the exploitation of students from other countries. Following the same decision by Ontario, British Columbia’s Post-Secondary Education and Future Skills Minister, Selina Robinson, made this known on Tuesday, during a press conference in Surrey, […]
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The African Union (AU) on Tuesday called for dialogue between the Economic Community of West African States (ECOWAS) and junta-led countries Niger, Mali and Burkina Faso who have said they will leave the bloc. The trio’s decision to exit ECOWAS, which they announced on Sunday, is a blow to the bloc’s regional integration efforts after […]
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