Business and Economy

Union Bank kicks off 100th anniversary celebrations

Union Bank, one of Nigeria’s most respected financial institutions, has kicked off celebrations to mark its 100th anniversary of service…

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The rate of Naira counterfeiting is less than one per cent – CBN

The Central Bank of Nigeria, CBN,has described as ‘spurious and grossly uninformed’ a statement credited to a former official of…

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Court orders forfeiture of Yakubu’s $9.8m to FG

A Federal High Court sitting in Kano presided over by Justice Zainab B. Abubakar today ordered the forfeiture of the…

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Nigeria’s economy in the light of DMO’s interventions

By Samir Amir IT is an incontrovertible fact that among the recessions that had taken place in Nigeria, none had…

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FG is not increasing taxes, Udoma tells National Assembly

The Federal Government does not have any intention of increasing taxes but is working towards increasing its internally generated revenue…

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Fix Minna Airport to avert national embarrassment – Gov. Sani Bello

Niger State Governor, Alhaji Abubakar Sani Bello has appealed to the Federal Government to fix Minna Airport to save the…

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25,000 women to benefit from Sokoto’s N250m loan

Sokoto Governor, Aminu Waziri Tambuwal, said the state government will provide soft loans worth N250 million to 25, 000 women…

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Tambuwal signs Sokoto’s N204.3bn 2017 budget into law; Dissolves Internal Revenue Board, appoints new team

Governor Aminu Waziri Tambuwal Friday night signed into law the state’s 2017 appropriation bill of over N204.3 billion. Speaking at…

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Senate to hold public hearing on 2017 budget Monday

The 8th Senate is will on Monday hold a first-of-its-kind public hearing on the 2017 Appropriation Bill submitted to the…

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EFCC finds $9.2m in ex-NNPC GMD, Andrew Yakubu’s, home

Mr Ibrahim Magu, Acting Chairman of Economic and Financial Crimes Commission (EFCC), has told a committee of the House of…

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Establishment of Maritime University: NIMASA supports government

The Nigerian Maritime Administration and Safety Agency (NIMASA) has denied speculations and the contents of a press statement by the…

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FG to support Sokoto on grains cultivation

Minister of Agriculture and Natural Resources, Chief Audu Ogbeh has commended Sokoto state government for giving necessary attention to cultivation…

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Amaechi insists: We will close Abuja Airport runway for only six weeks; Senate to Amaechi : Withdraw your statement on loans because it’s false

Minister of Transportation, Chibuike Rotimi Amaechi has said that the Federal Government will ensure the total rehabilitation of the Abuja…

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FG to provide incentives to investors in critical sectors

The Federal Government will provide incentives and the necessary logistics support to investors whose areas of interest are in the…

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Economy Recovery Plan: Private sector operators hail stakeholders’ involvement, advice on effective implementation

Private sector operators on Monday said Federal Government’s engagement of key stakeholders in the development process of the national economy…

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Eterna Plc appoints Shehu Dikko Chairman

Eterna Plc has announced the appointment of Mr. Lamis Shehu Dikko as the Chairman of its Board of Directors. Mr.…

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Jaiz Bank will list shares on NSE

The Nigerian Stock Exchange, NSE, has confirmed the listing of Jaiz Bank, Nigeria’s only full-fledged Islamic Bank on Thursday, 9th…

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Gov.Ikpeazu meets with Leader, delegation from Shell and Land East Hub Manager, Ezugworie, others

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FG to raise bonds to settle billions of Naira owed states on federal roads *As Ugwuanyi seeks refund of over N25bn

The Minister of Power,Works and Housing, Mr. Babatunde Fashola, at the weekend announced that the Federal Government would raise bonds…

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Umahi flags off empowerment programmes for 12,000 workers, youths

The Governor of Ebonyi State, Engr. David Nweze Umahi, has flagged off his administration’s empowerment programmes for civil servants and…

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FG reiterates commitment to tackling humanitarian challenges in the North East

The Nigerian Government is committed to putting energy and resources into addressing the humanitarian challenges in the North East of…

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Tension heightens in Edo over Okomu Plc’s alleged illegal acquisition of farm land

AGENE GODWIN , Benin Tension has heightened in an Edo community over alleged Illegal acquisition of farm land by Okomu…

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Ugwuanyi seeks collaboration with tricycle operators on security

Gov. Ifeanyi Ugwuanyi of Enugu State has introduced a scheme that will result in tricycle operators in the state working…

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