President Bola Tinubu says Nigeria is ready for business, urging foreign investors to take advantage of the opportunities and ongoing reforms in the country. The President told investors yesterday in Paris, France, that ongoing reforms including the removal of fuel subsidy and unification of exchange rate, will be sustained for a more competitive economy that attracts Foreign Direct Investment, (FDI). We are ready for business, prepared to welcome investments, he said, while receiving President and Chairman of the Board of Directors of African Export-Import Bank (Afrexim), Prof. Benedict Oramah; and…
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Tinubu off to France to attend global summit
President Bola Tinubu will travel abroad for the first time as president on Thursday to attend the Paris Summary for the New Global Financial Pact with his international counterparts. The Palais Brongniart will host the summit called by French President Emmanuel Macron. According to a statement issued yesterday by the Presidents Special Adviser for Special Duties, Communication and Strategy, Dele Alake, the President is expected to visit Paris to participate, review, and sign a New Global Financial Pact, which places vulnerable countries on the priority list for support and investment,…
Read MoreNigerias economy looking good President Buhari tells French business community
Says he built infrastructure, uplifted citizens living standardsSays Nigeria is on right path to achieving multi-sectoral progress President Muhammadu Buhari has assured that Nigeria is on the right path to achieving multi-sectoral progress, saying he has revitalised Nigerias economy, built massive infrastructure, uplifted the living standards of Nigerians. The President gave the assurance yesterday in Paris, France, during the Nigeria International Partnership Forum, (NIPF), a high-level event on the sidelines of the Paris Peace Forum. The one-day event was organised to bring together the Nigerian and French governments and private…
Read MorePresident Buhari arrives Paris, France for Peace Forum
President Muhammadu Buhari yesterday arrived in Paris, the French capital, for a one-day official visit as a guest of President Emmanuel Macron, at the Palais de llyse. According to an issued statement by the Special Adviser on Media and Publicity, Femi Adesina, President Buhari will afterwards attend the three-day Paris Peace Forum (PPF), which holds between November 11 and 13. The President is expected to meet with his French counterpart during the official visit today, Wednesday, to discuss issues of mutual interest for both countries, particularly on strengthening economic ties,…
Read MoreFrench President Macron slapped in face on public walkabout
Two people have been arrested after French President, Emmanuel Macron was slapped in the face by a man in a crowd today, during a public appearance. A video footage of the incident in south-eastern France shows a man in a green T-shirt and glasses shout: Down with Macronia in French, which is the battle cry of the French armies when the country was still a monarchy, before slapping the president in the face. Security for Macron quickly tackled the man to the ground, and moved the president away to safety.…
Read MoreFormer French President, Sarkozy found guilty of corruption, sentenced to prison
A Paris court has found Nicolas Sarkozy, Frances former president, guilty of corruption and influence peddling, sentencing him to one year in prison and a two-year suspended sentence.The 66-year-old politician, who served as president from 2007 to 2012, was convicted on Monday for having tried to illegally obtain information from a senior magistrate in 2014. This came to light, they said, while they were wiretapping conversations between Sarkozy and his lawyer Thierry Herzog after the former left office. The wiretapping was carried out in relation to another investigation into alleged…
Read MoreProsecution pushing for jail time as Sarkozy bribery verdict awaited
Former French president Nicolas Sarkozys verdict, in bribery and influence-peddling trial, is expected later today. The prosecutors are calling for him to be sent to prison for at least two years if found guilty. He is accused of trying, with the help of his legal adviser in 2014, to learn investigative secrets from Gilbert Azibert, then an advocate general at the Court of Cassation, regarding a separate investigation concerning campaign financing. In return, the ex-president is said to have offered to support the lawyer in applying for a post in…
Read MoreFrench Police officers who beat black producer charged with willful violence
The Paris prosecutors office has charged police officers involved in assaulting a black musical producer in Paris earlier this month with intentional violence, according to a Le Parisien newspaper report on Monday. The report said that the officers had been placed in custody. On November 21, Michel Zecler, a black musical producer, was walking in the 17th district of the French capital without a mask, violating the state-backed health protocol. The man saw a police car and went into his studio to avoid a fine, but was followed by law enforcement…
Read MoreFrance announces killing of al-Qaida military leader in Mali
French forces have killed Bah Moussa, a military leader of al-Qaidas North Africa wing in Mali, Armed Forces Minister Florence Parly said. This is a major success in the fight against terrorism that France is leading with its partners in the Sahel, said Parly. Moussa, a military leader of the Rally for the Victory, an al-Qaida wing operating in the Sahel region, was killed on Tuesday during an operation involving significant intelligence resources, ground troops and helicopters, according to the defence ministry. France has led a special military operation to…
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