Business and Economy

Ahmed directs release of first and second quarter allocation to institutions

Kwara State Governor, Alhaji Abdulfatah Ahmed has directed the immediate release of first and second quarter allocations to tertiary institutions…

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NIMASA redeploys Directors, other management staff; Isichei Osamgbi returns as Head, Corporate Communications

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has approved the redeployment of…

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Kano produces 1.5m tonnes of rice in 2016

Following Kano state government’s renewed interest in agriculture, as part of efforts to diversify the local economy, the Rice produced…

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Acting Chairman of EFCC, Magu, confers with US Ambassador to Nigeria, His Excellency Symington

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Kia Motors posts 3.2% rise in 2016 global sales

• 3,007,976 Kia vehicles sold globally in 2016 for 3.2% year-on-year gain • Full-year sales in Western Europe, China, North…

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FMDQ lists ₦35.00bn Access bank commercial paper notes

FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange) commences the year’s activities with the commemoration of the admittance and…

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Manufacturing sector challenges may worsen in 2017

In the face of expectations by investors in the manufacturing sector of the Nigerian capital market to experience reversal of…

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Vitafoam pays 12kobo dividend ….Lowers 2016 FY losses by 55.5% …Recommends 12 kobo dividend

Vitafoam Nigeria Plc has released its 2016 financial results, announcing a loss after tax of N32 million for its financial…

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Access Bank affirms industry leadership with ‘Bank of the Year’ Award

Access Bank has affirmed its leadership of the Nigerian banking industry with its recent recognition as the ‘Bank of the…

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No N29bn provision to fight militancy in 2017 Budget

The Ministry of Budget and National Planning has dismissed as erroneous a news story that the Federal Government has earmarked…

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Ban on revenue collection: Akugbe Venture boss urges strict compliance

AGENE GODWIN, Benin Following the recent announcement by the Governor of Edo State, Mr. Godwin Obaseki, banning revenue collection by…

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Saraki promises to intervene in aviation sector facility crisis

Senate President, Dr. Abubakar Bukola Saraki, on Saturday pledged to intervene in the nation’s aviation sector, which has suffered major…

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Saraki calls for collective efforts to grow economy in New Year

Senate President, Dr. Abubakar Bukola Saraki has congratulated Nigerians for witnessing the New Year in spite of the hard times…

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Lagos, Issuing Houses seal deal on N47 Bn bond

The Lagos State Government on Friday announced the closing of its N47billion 16.5 per cent 2023 Series 1 Bond Issuance…

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UBA’s spokesperson, Nasir Ramon, emerges The Point’s Image Maker of the Year

The head, Media and Corporate Communications, United Bank for Africa, Mr. Nasir Ramon Olanrewaju, has emerged The Point Newspaper’s Image…

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Yuletide: Nigeria Customs destroys N147mn poultry products in Benin

AGENE GODWIN Benin Poultry products worth over N147 million illegally imported for the yuletide season have been impounded and destroyed…

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Gov. Wike presents 2017 N470 Billion Golden Jubilee budget for accelerated development

Rivers State Governor, Nyesom Ezenwo Wike on Wednesday presented the state’s 2017 budget of N470billion to the State House of…

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KWSG flags off N41million empowerment for women

The Kwara State Governor, Dr Abdulfatah Ahmed has flagged off a N41 million empowerment for women in the state. The…

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Coal deposits in commercial quantity discovered in Sokoto

The efforts of the federal government to diversify Nigeria’s economy has received a major boost with the discovery of coal…

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Gov. Ugwuanyi presents N105b Budget to Enugu Assembly … Pledges to complete ongoing projects and commence new ones

Governor Ifeanyi Ugwuanyi of Enugu State Friday presented the 2017 budget estimates of N105,719,471,000 (one hundred and five billion, seven…

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Umahi signs Ebonyi’s 2017 budget bill

The Governor of Ebonyi State, Engr. David Nweze Umahi, has signed the 2017 appropriation bill of N127,233,074,799 and the state…

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Gov. Udom proposes N365.251 bn for 2017 fiscal year

Akwa Ibom State Governor, Mr. Udom Gabriel Emmanuel has presented a N365.251 billion budget proposal to the State House of…

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2017: Governor Abubakar presents N145.4 billion budget proposal

From: Ruth David , Bauchi Bauchi state Governor, Muhammad Abdullahi Abubakar has presented a budget proposal of 145,447,258,160 billion Naira…

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“How we spent N5b London/Paris Refund” – Gov. Ahmed

Kwara State Governor, Dr Abdulfatah Ahmed has explained how the state government expended the N5b collected from the Federal Government…

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