Nigeria’s $9bn negligence
he British Commercial Court, headed by British jurist Lord Hoffmann, recently endorsed $9 billion penalty against Nigeria for defaulting in a natural gas supply contract with the Process and Industrial Development Limited . The judgement debt, estimated to be over 2.5% of the country’s GDP, is easily the biggest financial liability the country has ever contended with.
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FG committed to tackling insecurity in Nigeria - Police minister – Daily TrustThe Minister of Police Affairs Muhammadu Maigari Dingyadi has reiterated the commitment of the Federal Government to tackling insecurity in the country. He said the re-establishment of the Ministry of Police Affairs was a pointer to the strategy of government and promised to work closely with other security agencies to enhance service delivery.ADVERTISEMENT He assured …
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BREAKING: U.S. announces new visa policy for Nigeria – Daily TrustICYMIThe United States, U.S. has announced that Nigerian nationals would be required to pay a visa issuance fee, or reciprocity fee, for all approved applications for nonimmigrant visas. Dailytrust Nigeria
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Team Nigeria move up to fourth after 12th African Games’ Day 12 – Daily TrustTeam Nigeria to the 12th African Games in Morocco on Tuesday moved up the medals table to the fourth position with 20 gold, 13 silver and 16 bronze medals. The development meant Nigeria, who were second at the 2015 Games, now have a total of 49 medals after 12 days of competition and with only …
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Why Nigeria is PZ’s largest base – Batagarawa – Daily TrustAlhaji Lawal Batagarawa is a Director (non-executive) of PZ International. He was appointed into the board of the company in 2008. He shares the experiences of the company in the over 131 years it has been in business and the prospects it holds for Nigeria. Excerpts: PZ is celebrating 125 years of service to Nigerians, …
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Reciprocity saga: Nigeria cuts visa charges on US citizens – Daily TrustFederal government has reduced visa charges payable by American citizens starting Thursday. It comes after the US hiked visa charges on Nigerians, citing a “reciprocity” policy.ADVERTISEMENT Under the policy, the difference in the cost of Nigerian visa on US citizens will be tacked onto the actual cost of visa to be paid by Nigerians seeking …
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Why Nigeria-Benin border was partially closed – Buhari – Daily TrustClosure has severe impact on my people – Talon President Muhammadu Buhari has attributed the partial closure of Nigeria’s border with Benin Republic to the massive smuggling activities, especially of rice, taking place on that corridor. Buhari stated this during an audience granted his Beninese counterpart, Patrice Talon, on the margins of the Seventh Tokyo …
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