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Nigeria
Akinyemi advises Fed Govt on cash haul probe
A former Minister of External Affairs, Prof. Bolaji Akinyemi yesterday asked President Muhammadu Buhari not to spare anyone involved in the $43.4 million recovered from a private apartment at Osborne Towers in Ikoyi. He, however, cautioned against putting a foreign intelligence officer on trial in an open court as doing ...
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Nigeria
Sterling Bank’s gross earnings rises by 12% to N28.6b in Q1
Sterling Bank Plc grew headline earnings by 12 per cent to N28.6 billion in the first quarter of 2017 as the bank’s net interest margin improved to 8.2 per cent within the first three months. The first-quarter report released at the weekend showed continuing improvement in the underlying core banking ...
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Nigeria
Obasanjo to expatriates, others: don’t undermine Nigeria’s economy
•Ex-President urges investors to key into economic recovery Former President Olusegun Obasanjo has warned foreign and local firms doing business in Nigeria against engaging in acts that can undermine Nigeria’s economy. Obasanjo counselled the firms that their emphasis should be to make Nigeria self-sustaining in production and consumption, vowing that ...
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Nigeria
Atiku To NGE: Partner With Present Administration
Former Vice President and chieftain of the All Progressive Congress (APC), Atiku Abubakar, has charged the new leadership of the Nigeria Guild of Editors (NGE) to partner with the current administration in the dissemination of government programmes as well as other critical groups in the society to see that our ...
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Nigeria
Anti-graft War: NIS Withdraws 518 Officers From Airports
In a bid to conform to the executive order on the ease of doing business in the Country as well as check corruption among its personnel, the Nigeria Immigration Service (NIS), has withdrawn 518 Officers and men from five (5) major International Airports. The major airports are, Murtala Muhammed International ...
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Nigeria
Gov Ugwuanyi Reiterates Commitment To Education
Governor Ifeanyi Ugwuanyi of Enugu State has reiterated his administration’s commitment to partner educational institutions and private organizations towards the improvement of the standard of education in the State. Gov. Ugwuanyi spoke at the College of the Immaculate Conception (CIC), Enugu, when he performed the ground breaking of the ultra-modern ...
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USA Nigeria
FG Is Moving Economy On Path Of Prosperity – Onu
Dr Ogbonnaya Onu, the Minister of Science and Technology, says the present administration was putting measures in place towards moving the economy to prosperity. Onu told the News Agency of Nigeria (NAN) at the sidelines of the ministry’s Investment Forum in New York that one of such measures was the ...
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Nigeria
Obasanjo Warns Expatriates Against Undermining Economy
Former President Olusegun Obasanjo has warned expatriates doing business in the country not to undermine the country’s economy. Obasanjo who spoke at the weekend in Abeokuta, the Ogun State capital at an interactive session with Indian Professionals’ Forum condemned a situation where some of the companies would import sub standard ...
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Nigeria
FG’s Zero Oil Plan Will Diversify, Expand Nigeria’s Economy – Awolowo
Executive director/chief executive officer of the Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo, has said the Zero Oil Plan developed by the federal government will help diversify and expand the nation’s ailing economy Awolowo who said the country’s undoing was her focus on one product said the Zero Oil ...
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USA
Political uncertainty, tension, is hurting business - GRTU
Business is being negatively affected by the intense political tension, the GRTU said this evening while calling for immediate and mature solutions. It said it is alarmed by the way political uncertainty has engulfed all of social and economic spheres. "Business is being negatively affected by the intense political tensions and the ...