Three months after all Nigeria’s ambassadors were recalled, the compilation of the new ambassadors’ list by the Federal Government is still in progress, it has been reported. On September 2, 2023, President Bola Ahmed Tinubu recalled all Nigeria’s ambassadors, both career and non-career. They were asked to return to the country on or before October […]
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The Central Bank of Nigeria (CBN) has debunked any plan to convert the $30billion deposits in domiciliary bank accounts to the local currency in order to save Naira from free fall against the United States Dollar. A newspaper (not Diplomat Nigeria) had reported that there were strong signs that the Federal Government was planning a […]
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Operators of Bureau De Change (BDC) have announced shut down of operation in the Nigeria’s Capital City of Abuja as a result of scarcity of dollars. Chairman of the Association, Mallam Abdulahi Dauran, announced this in the nation’s capital, on Wednesday. He linked the development to online business transaction and cryptocurrency. Daurau explained that the […]
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The Nigerian government is partnering with a United States based hospital, St Jude Global, to combat childhood cancer in Nigeria. The Minister of State for… The Minister of State for Health and Social Welfare, Dr Tunji Alausa, revealed this when a delegation from St Jude Global, visited him in his office in Abuja, on Monday. […]
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AdminThe Head, Policy and Advocacy Nigeria Investment Promotion Commission NIPC Salami Abayomi, disclosed at the weekend that multinationals are moving out of Nigeria in droves due to high exchange rates. Mr. Abayomi disclosed this during a media parley in Abuja stating that the exchange rate is on the very high side and not favorable for […]
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AdminThe Minister of Defence, Mohammed Badaru Abubakar, said on Wednesday that the Federal Government of Nigeria was committed to maintaining bilateral relations on defence with France. This was contained in a statement made available to defence Correspondents in Abuja by the Director ( Press and Public Relations) of the Ministry of Defence, Mr Henshaw Ogubike […]
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AdminIn spite of improved budgetary allocation (in naira terms) for Nigeria’s foreign missions, the depreciation of the naira means that Nigerian missions will receive less funding this year than they did in three of the last four years. While the budgetary provision for Nigeria’s foreign missions is in naira, expenditures are in US dollars in […]
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AdminThe co-workers of two yet-to-be-identified Chinese expatriates and three Nigerians who were declared missing during a business trip from Onitsha in Anambra State to Aba in Abia State on December 3, 2023 have said efforts are ongoing to locate their whereabouts. In an announcement published on The PUNCH on Wednesday, the victims were said to […]
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AdminPresidential spokesperson said the cost-cutting exercise affects the entire apparatus of the federal government including the office of the president, vice president and the first lady. President Bola Tinubu has slashed the number of officials that will accompany him and other top government officials on any foreign trip. The measure, according to the Spokesperson, Ajuri […]
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As part of efforts to industrialise Nigeria through the steel industry, the Federal Government has commenced discussions with renowned Chinese Company, Luan Steel Holding Group to build a new steel plant in Nigeria and commence the building of military hardwares in Ajaokuta Steel Plant. This formed the crux of the visit by a delegation led […]
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