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Job: Nigeria, Britain partner to combat unemployment

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The Nigerian government has expressed its willingness to partner with the British Government in tackling unemployment and creating job opportunities for young persons in the country. The Minister of State for Labour and Employment, Dr Festus Keyamo, with the Political Counsellor, British High Commission, Mr Dominic Williams. PHOTO: NAN The Minister of State for  Labour  and Employment, Dr Festus Keyamo, stated this when the Political Counsellor, British High Commission, Mr Dominic Williams, paid him a courtesy visit in Abuja. “We are ready to collaborate with our partners all over the world to open up avenues for job creation. We are open to all kinds of suggestions and levels of co-operation,” he said. He disclosed that the Government has opened up other sectors as part of efforts to diversify the economy from oil, which would, in turn, create room for employment. According to him, part of the efforts of Government to diversify the economy and boost job creation...
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REVELATIONS ON FBI LIST: How scammers hack into financial transactions – EFCC

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Says 750 cases recorded in 8 months Speaks on $43m Ikoyi money; Okorocha, Yari, Oyo-Ita investigations, Babachir Lawal; alleged shutting down of state governments By Chris Onuoha Mr Kabiru Latona is Assistant Director, Legal Services Department of the Economic and Financial Crimes Commission, EFCC. In this interview, Latona speaks on the list of suspected Nigerian fraudsters compiled by the United States (US) Federal Bureau of Investigation (FBI), among other issues bordering on economic and financial crimes. Excerpts: Kabiru Latona In the past weeks, some senior government officials have come under the spotlight of the anti-graft agency. And there are several high profile cases involving politically exposed persons. The Buhari government says it wants to fight corruption. But it has been heavily criticized especially by opposition elements that the fight is selective. With the recent actions of the anti-graft agency, it does look like there’s a renewed energy in t...
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The Nigerian Naira on Wednesday, January 11, dropped one point against the American Dollar at parallel market.

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According to reports, the Naira now trades at
N492/$1 as against N490/$1 it traded on
Tuesday, January 10.
The local currency also crashed against
Pound, dropping one point to trade at N593/
£1 as against the N592/£1 rate it was
yesterday, January 10.
Dollar to Naira.
The Naira experienced the biggest fall
against Euro as it dropped five points to
trade at N515 per Euro as against the N510 of
yesterday.
According to a report on Bloomberg, the
Naira is expected to weaken further in the
parallel market, despite measures by the
Central Bank of Nigeria to mitigate the
situation in the forex market.
The report shows the six-month contracts
declined to their lowest level since
September last week as crude oil advanced by
20%, after the Organisation of Petroleum
Exporting Countries (OPEC) agreed to a
production cut in November.
Meanwhile, Nigeria will get out of recession,
and grow its gross domestic product (GDP) by
one percent in 2017, according to a global
economic report by the World Bank.
The World Bank said in a report released on
Tuesday, January 10, that the global economy
will accelerate moderately to 2.7 percent in
2017.

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