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Nigeria News

  • Enforcing Corporate Governance Code in Telecoms Sector

    NIGERIA, 2017/11/27 The renewed sensitisation campaign on the adoption of the mandatory corporate governance code in the telecoms industry, will drive the increase in the sector, writes Emma Okonji
  • Small firms the focus as Nigeria launches action plan to improve business conditions

    NIGERIA, 2017/11/11 Nigeria is moving forward with strategies to improve the business and investment environment in the country following the launch of a new package of reforms designed to support small businesses and clear hurdles to increase. On October 3 the federal government unveiled its second 60-day national action plan (NAP 2.0) – which forms part of the broader Economic Recovery and Increase Plan 2017-20 – aimed at increasing levels of employment, boosting GDP and facilitating business expansion. Targets of the NAP 2.0 include the adoption of electronic registration processes for new businesses; the registration of 300 microfinance banks to the national registry to assist with SME financing; and the elimination of illegal roadblocks on major trading routes across the country.
  • Useful tips for travellers to Nigeria

    NIGERIA, 2017/11/11 Relationships are very significant within the business community. Meetings typically open with a handshake, followed by a casual conversation about family, health and travel. In the Muslim north, wait for a woman to extend her hand before offering yours. The business discussion begins at the host’s indication. DRESS: Business formal is the required dress code for foreigners in any type of conference, while locals tend to opt for either Western or traditional attire. In a lot of work spaces, Nigerians will wear traditional garments on Fridays. Appearance is generally very significant and indicative of social and economic status.
  • Quattara Commends Buhari Over Nigeria's Recession Exit

    NIGERIA, 2017/11/01 President Alhasan Quattara of Cote d'voire on Monday in Abuja commended President Muhammadu Buhari for taking Nigeria out of recession. Mr. Quattara gave the commendation at the same time as he addressed National Home correspondents next a closed-door conference with Buhari at the Presidential Villa.
  • Nigeria Has Gender Problem in the Workplace

    NIGERIA, 2017/11/01 The National Competitiveness Council of Nigeria (NCCN) has highlighted the stark gender inequality within the country's labour force. Speaking to journalists, yesterday, next a round-table discussion on competitiveness, NCCN's CEO, Chika Mordi, while explaining the findings of a new statement to be released by his councik on Thursday, said female participation in the labour force of some Nigerian states was less than two %. "Even though we expected some gender skewering, we did not expect it to be of that magnitude," he said. However, some elements of the statement, Mordi said, were positive.
  • Namibia Scraps Visas for Africans

    BOTSWANA, 2017/11/01 Namibia has gotten the ball rolling on plans to scrap visa requirements for African passport holders next Cabinet authorised the implementation of this process - to be carried out in line with diplomatic procedures. Namibia will any minute at this time start issuing African passport holders with visas on arrival at ports of entry as a initial step towards the eventual abolition of all visa requirements for all Africans.
  • Africa: Experts Explore Infrastructure and Cooperation to Improve Lives

    BOTSWANA, 2017/11/01 Addis Ababa — African economies require structural transformation to attain sustained increase that trickles down to all its peoples, an official from the United Nations Economic Commission for Africa (ECA) told experts gathered at the organization’s Ethiopian headquarters. Soteri Gatera, who heads the ECA’s Industrialization and Infrastructure Section, says only such “inclusive” economic increase will help resolve the “persistent social economic problems” Africa faces.
  • Africa's last international banks make their stand

    BOTSWANA, 2017/10/31 On June 1, 2017, Barclays sold a 33.7% stake in its African business, Barclays Africa Group Limited (BAGL). The transaction reduced the UK lender’s stake in its African offshoot to 14.9% and permitted, in accounting terms, the deconsolidation of BAGL from its parent. Additional symbolically, it brought to an end Barclays’ operations on the continent next additional than 100 years. The rise of Africa’s home-grown financial players has led most international lenders to withdraw from the continent. However, Société Générale and Standard Chartered are not only staying put but marking territory for digital expansion. James King reports.
  • Anambra Guber: IPOB Urges Igbos To Boycott Election

    NIGERIA, 2017/10/21 The Indigenous People of Biafra, IPOB, has asked all of its members in Anambra National to remain indoors between 6pm November 17 to 6pm on November 18 in a bid to boycott the gubernatorial election in the national. THe IPOB, in a statement by its spokesperson, Emma Powerful, alleged that the Nigeria Government was planning to unleash additional killings on them during the Anambra 18th Governorship Election. The statement said, “This evil plan concocted by the APC government in concert with Nigerian military and supported by unscrupulous South East governors is solely intended to cement their dubious efforts to label the great IPOB a terrorist group. Up till presently, all efforts to convince, cajole, intimidate and bribe some nations of the world to designate IPOB a terrorist group has failed.
  • Nigeria-Cameroon Clash: Senate Probes Border Crisis

    CAMEROON, 2017/10/21 The Nigerian Senate has begun an investigation into the violent clashes between border communities in Nigeria and Cameroon. According to reports, the recent clashes have resulted in the loss of lives and properties of innocent Nigerians. The Senate, however, mandated its committees on Police Affairs and National Security to probe the matter. The resolution yesterday was sequel to a point of order raised by Senator John Enoh, APC, Cross River Central. According to Enoh, it was the business of the Nigerian government to protect its citizens from internal and external aggression, lamenting that the affected people from his political jurisdiction had been abandoned to face operations from the Cameroonian aggressors.