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Posts tagged with "US"

As part of a post-coronavirus economic stimulus plan the Central Bank of Nigeria should cap loans for the following project at 5% at the very maximum African News

As part of a post-coronavirus economic stimulus plan the Central Bank of Nigeria should cap loans for the following project at 5% at the very maximum

Ayo Akinfe (1) Investment in agriculture, acquaculture and animal husbandry (2) Investment in power generation (3) Manufacturing of consumer goods (4) Production of industrial goods (5) Food processing (6) Steel processing (7) Railway and road expansion (8) Housing development (9) Automobile manufacturing (10)...
10 tasks the newly-appointed inspector general of police Zanna Mohammed Ibrahim should set himself African News

10 tasks the newly-appointed inspector general of police Zanna Mohammed Ibrahim should set himself

Ayo Akinfe (1) For starters, the United Nations average policemen to citizens is 300 police officers per 100,000 inhabitants. In Nigeria, the figure is a dismal 300 policemen to 350,000 citizens, so massive recruitment is needed (2) Policemen in Nigeria are renown for bribe taking because of their poor remuneration packages. Police...
Now that Biden’s victory has been confirmed Buhari should give him a call and ask that Nigeria be made the centrepiece of American clean energy and climate control policy African News

Now that Biden’s victory has been confirmed Buhari should give him a call and ask that Nigeria be made the centrepiece of American clean energy and climate control policy

Ayo Akinfe (1) Yesterday, the curtail fell on the Trump presidency as America’s state electors confirmed the outcome of the November 3 elections. Despite the fact that President Donald Trump still holds on to the illusion that he can stay in office, President-elect Joe Biden is not being distracted and is getting on with the job at...
Lufthansa resumes flights to Lagos and Abuja and awaits clearance to fly to Port Harcourt African News

Lufthansa resumes flights to Lagos and Abuja and awaits clearance to fly to Port Harcourt

GERMAN airline Lufthansa is awaiting clearance from the Nigerian aviation authorities to resume flights from Europe to the city of Port Harcourt following the recent resumption of flights to Lagos and Abuja as the easing of the coronavirus lockdown continues.   Like most other nations, Nigeria suspended all flights and shut...
Lai Mohammed hits back at US categorisation saying there is no religious persecution in Nigeria African News

Lai Mohammed hits back at US categorisation saying there is no religious persecution in Nigeria

NIGERIA'S information minister Alhaji Lai Mohammed has hit back at US claims that Nigeria is a hotbed of religious intolerance saying Washington's categorisation of the country as such was nothing more than a disagreement on the causes of recent violence.   Yesterday, the US added Nigeria to a blacklist of countries that...
Nigeria needs to be at the centre of Biden and Harris’ foreign policy agenda Headline

Nigeria needs to be at the centre of Biden and Harris’ foreign policy agenda

Ayo Akinfe (1) US companies need to expand into new origins close to raw materials where production costs will be lower. Nigeria has got to be on a top global list of five favourite investment destinations (2) As we speak, hundreds of US firms are relocating from China as a result of the coronavirus pandemic. They realise it is...
Pope Francis I intervenes in Nigerian crisis calling for prayers to end the ongoing violence Headline

Pope Francis I intervenes in Nigerian crisis calling for prayers to end the ongoing violence

POPE Francis I has intervened in the ongoing crisis in Nigeria by calling for prayers over the current violence and widespread  looting that has spread nationwide across the country asking that peace be returned.   Last Tuesday, Nigerian Army troops opened fire on unarmed protesters at the Lekki Toll Gate, killing several of...
Covid-19 presidential task force warns Nigerians against travelling to the UK and US and three other nations African News

Covid-19 presidential task force warns Nigerians against travelling to the UK and US and three other nations

NIGERIAN health officials have warned members of the public against travelling to the UK and four other countries as well as receiving visitors from there because of the high risk of contracting the Covid-19 virus.   Like most African countries, Nigeria has been spared the worst of the coronavirus pandemic but the country...
World Bank sets aside sum of $12bn to help developing countries purchase Covid-19 vaccine African News

World Bank sets aside sum of $12bn to help developing countries purchase Covid-19 vaccine

WORLD Bank officials have approved a sum of $12bn to help developing countries like Nigeria and other African nations purchase Covid-19 vaccines when they become available most likely by the end of this year.   As soon as the pandemic struck in early 2020, scientists in several countries stepped up work to produce a vaccine...
Diaspora remittances fall by a staggering $2.5bn during the second quarter of 2020 African News

Diaspora remittances fall by a staggering $2.5bn during the second quarter of 2020

REMITTANCES from Nigerian diasporans fell to $3.3bn during the second quarter of this year representing their lowest level since 2008 as the Covid-19 pandemic affected the income of many Nigerians living abroad.   Historically, Nigeria has always been one of the top six nations when it comes to global remittances alongside the...
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