Business and Economy
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Mutual Benefits Assurance Plc assures of safety of customers’ funds, investments; Insists on zero tolerance for fraud
Leading insurance company, Mutual Benefits Assurance Plc, has reassured that it has zero tolerance for fraud and would do everything…
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DMO and Strategy for Economic Recovery By Olu, Isaac
Perhaps at no time in the history of Nigeria has the Federal Government come under such intense pressure to deliver…
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CBN’s MPC retains interest rate at 14 percent; Blames adverse external and domestic conditions for complicated policy environment
The Central Bank of Nigeria, CBN, has risen from its Monetary Policy Committee meeting with the decision to retain the…
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Sokoto to recruit more agric extension workers
Governor Aminu Waziri Tambuwal has given approval for the recruitment of additional extension workers to increase manpower and expertise…
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Paris Club refunds: Disbursement process is transparent – Adeosun
The Minister of Finance has deemed it necessary to address the issue of Paris Club refunds and wishes to…
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FOREX: CBN lifts supply with $180m…invisibles get $80m
The Central Bank of Nigeria (CBN) on Monday, March 20, 2017 offered a total of $180 million to meet…
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Expression of interest for bitumen to commence by June- Fayemi
Expression of interest by prospective investors in the country’s bitumen project would commence within the next three months, the Minister…
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Fashola assures of payment of debts incurred by State govts. on reconstruction of federal roads
Works, Housing and Power Minister, Mr. Babatunde Fashola has assured that the Federal Government has begun the process of…
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FG moves to halt export of unprocessed minerals – Minister
The Federal Government has commenced moves aimed at making it an offence for anyone to take unprocessed minerals out of…
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Paris Club loan refunds: Bayelsa Council workers jubilate as Commissioner directs full payment of salaries
CHINEDU WOSU, YENAGOA Bayelsa State Commissioner for Local Government Administration, Pastor Agatha Goma has directed Council Chairmen to deploy the…
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NLNG positioned to grow into global shipping leader-Capt Okesanjo.
Nigeria LNG Limited’s (NLNG)shipping operation is relying on the strategic deployment of skills and technology to power its transformation into…
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Chinese firm, Jiangxi, to establish Nigerian hqts in Calabar
The efforts of the Professor Ben Ayade-led administration in Cross River State to industrialise the state got a major boost…
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FOREX: CBN offers, receives bids for $100m
The Central Bank of Nigeria (CBN) says it has offered and received bids for $100 million from authorized dealers…
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NDDC sets up Committee on Corruption Charges … To hold investigative hearing
The Niger Delta Development Commission, NDDC, will hold an investigative hearing to unravel cases of allegations of corruption and racketeering…
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Money Laundering: EFCC arraigns ex-NNPC GMD, Yakubu for $9.8m
The Economic and Financial Crimes Commission, EFCC, on Thursday, March 16, 2017 arraigned Andrew Yakubu, a former Group Managing Director,…
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FG has will and capacity to implement Economic Plan
The Federal Government has reassured Nigerians that it has both the political will and execution capacity to drive the implementation…
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NIQS Appoints New Executive Secretary
The Nigerian Institute of Quantity Surveyors (NIQS) has appointed Mr. Danladi Mohammed Ndayebo as its new Executive Secretary. This is…
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Mining: Local operators to benefit from N30 billion intervention fund – Minister
The Minister of Mines and Steel Development, Dr Kayode Fayemi has said that the ministry would commit part of the…
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NASS-NCS impasse: NCS suspends motor duty payment
The Nigeria Customs Service, NCS, has announced suspension of the planned motor duty payment which has pitched it against the…
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National Assembly support critical to success of Economic Plan
The support of the National Assembly is very critical to the successful implementation of the Economic Recovery and Growth Plan…
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Again, CBN boosts FOREX supply with $195m
As anticipated last weekend, the Central Bank of Nigeria (CBN) on Tuesday, March 14, 2017, sustained the supply of foreign…
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KWSG earmarks N12b for infrastructure
Kwara State Government has earmarked an additional N12b for funding new infrastructure under the state’s infrastructure development fund, IF-K. The…
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Ekere orders immediate payment of NDDC scholarship fees
Managing Director of the Niger Delta Development Commission, NDDC, Nsima U. Ekere, has directed the immediate payment of all outstanding…
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Ajaokuta to function as private entity – FG
The Ajaokuta Steel Company is to function as a purely private entity, the Minister of Mines and Steel Development.…
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FG to make coal sites available to serious power companies
Determined to improve power generation in the country, the Federal Government is set to make coal sites available to…
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