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Nigeria successfully appeals $10bn judgement involving UK firm Process and Industrial Developments

 

NIGERIA has secured a landmark victory in its pursuit to overturn a $10bn judgement awarded against the government for breach of contract filed against it by British company Process and Industrial Developments (P&ID).

 

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Ghanaian and Nigerian ministers begin negotiations over punitive $1m levy imposed in Ghana

 

GHANA and Nigeria have been locked in intense negotiations in Abuja over the ongoing diplomatic spat brought about by the recent decision by the Ghanaian authorities to levy Nigerian traders operating in the country a hefty sum of $1m.

 

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Only nine international airlines allowed to fly into Nigeria when flights resume tomorrow

 

NIGERIAN aviation authorities have only granted nine airlines approval to commence international flights in and out of the country when the federal government opens up its airspace tomorrow on Saturday September 5.

 

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Arsenal recruit Kanu to help convince Atletico Madrid's Ghanaian midfielder to move to the Emirates

 

ARSENAL have turned to former Super Eagles skipper Nwankwo Kanu in a desperate bid to sign Ghanaian midfielder Thomas Party from Atletico Madrid asking their former striker to use his influence to the player to come to the Emirates.

 

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Why has each Nigerian state governor not instituted a faeces-to-power programme as a means of generating local electricity?

Ayo Akinfe

(1) Nigeria is the open defecation capital of the world, as one in four citizens, representing about 47m people across the country relieve themselves out in the open according to the World Health Organisation

(2) Nigeria needs about$2.7bn to end open defecation by 2025. Of that, the government is expected to provide around 25%. I say turn this into an electricity investment programme

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Nigeria waives 35% tax on imported pre-paid metres from China to the chagrin of local producers

 

NIGERIA is poised to miss out on $600m that could have been gained from the imposition of a 35% import tax on 3m pre-paid electricity metres after the federal government decided to waive the levy on the machines due to be imported from China.

 

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Energy firm identifies 33 Nigerian assets in the UK it may seize to recover losses after contract was terminated

 

THIRTY Three Nigerian properties in the UK have been earmarked and face the risk of being confiscated under the terms of a messy legal suit involving damage costs awarded to energy firm Eurafic Power by the London Court of International Arbitration.

 

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Ngozi acquires US citizenship in bid to enhance her chances of getting WTO top job

 

FORMER finance minister Dr Ngozi Okonjo-Iweala has taken American citizenship as part of her ongoing campaign to become the next director-general of the World Trade organisation (WTO).

 

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Fani-Kayode threatens to sue Daily Trust for calling him a drug-addled thug in designer wears

 

FORMER aviation minister Chief Femi Fani-Kayode has sent a libel letter to the Daily Trust newspaper warning that he will sue the publication over a recent article in which he was described as a drug-addled thug in designer wears.

 

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Super Eagles to play friendlies against Ivory Coast and Tunisia in Austria next month

 

NIGERIA'S Super Eagles are to play friendly games against Ivory Coast and Tunisia in Vienna next month as part of team's preparations for the resumption of the 2021 Africa Cup of Nations qualifiers.

 

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