From Abdulfatah Babatunde The Nigerians in Diaspora Commission (NiDCOM) and the Federal Mortgage Bank of Nigeria (FMBN) have agreed to set the ball rolling for the diaspora mortgage scheme to begin operation within the next three months. Both government agencies reached this consensus when the Managing Director of the FMBN visited the NIDCOM office in […]
From Our Correspondent With the plethora of unresolved corruption allegations hanging on his neck, the Democratic Front (TDF) has asked former Vice President Atiku Abubakar, not to raise accusations of corruption on others. TDF made this observation in a statement signed by its Chairman Danjuma Mohammed and Secretary Wale Adedayo and emailed to TheNewszenith on […]
From Our Correspondent ……IMPI insists FG on track with Hitech The Independent Media and Policy Initiative (IMPI) says there are enough proof to support the Federal Government’s choice of HiTECH to construct the Lagos-Calabar coastal highway. IMPI Chairman, Niyi Akinsoji, made this assertion in a statement, on Wednesday, in Abuja. The group debunked former Vice […]
Cote d’Ivoire’s President Alassane Ouattara will increase the official cocoa farmgate price to 1,500 CFA francs ($2.47) per kilogramme from next Tuesday from the current 1,000 CFA, sources at five different export companies said. The sources, who requested anonymity, said they were citing a decision at a government meeting on Saturday. Earlier, Ouattara had validated […]
The India Government, on Wednesday, strongly objected to U.S. remarks on Delhi Chief Minister Arvind Kejriwal’s arrest. “We take strong objection to the remarks of the spokesperson of the U.S. State Department about certain legal proceedings in India,” India’s Foreign Ministry said in a statement. “In diplomacy, states are to respect the sovereignty and internal […]
From Our Correspondent For Africa to experience socio-economic resurgence, prosperity and development, the onus lies with Africans at home and more importantly its Diaspora. Chairman of Nigerians in Diaspora Commission (NIDCOM), Mrs Abike Dabiri-Erewa, stated this when she received a Zimbabwean in Abuja. TheNewsZenith reports that the delegation led by its High Commissioner to Nigeria, […]
From Our Correspondent Anambra State Government, in collaboration with security operatives, on Wednesday, rescued six pregnant teenagers from ‘a baby-making factory’ at Umunya in Oyi Local Government of the state. Dr Afam Obidike, the state Commissioner for Health, told journalists that the baby factory, where babies were being sold was named: “Mother and Child Hospital […]
The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the backlog of verified foreign exchange transactions. Mrs Hakama Sidi-Ali, CBN’s Acting Director, Corporate Communications Department, said this in a a statement on Monday in Abuja. According to Sidi-Ali, this comes barely a week […]
Tanzania’s Central Bank, on Friday, set its main interest rate at 5.5 per cent in a bid to contain inflation within its target and boost economic growth. The Bank of Tanzania had said earlier this month it would start using a benchmark interest rate to signal its monetary policy direction. “The CBR (Central Bank Rate) […]
From Our Correspondent President Bola Tinubu has condemned the recent spate of kidnappings and bandit attacks, describing the development as disturbing, ungodly, and sinister. Ajuri Ngelale, Special Adviser to the President on Media and Publicity announced the President’s remarks in a statement, on Tuesday, in Abuja. Tinubu made the remarks when he received a delegation […]