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  • Ambode condemns Lekki unrest, laments threat to $15bn investment

    Lagos State Governor, Mr. Akinwunmi Ambode, Thursdaycondemned the communal conflict that resulted in the death of a police inspector and siblings at Lekki communities at the weekend, saying he will not entertain any threat to the $15...

    • Posted May 26, 2017
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  • Summit will complement FG’s recovery plan – Osinbajo

    Acting President, Mr Yemi Osinbajo has said, the 2nd Kano Economic summit would complement the federal government agenda of revitalizing the nation’s economy. Speaking at the summit through the Minister of Internal Affairs, General Abdulrahman Bello Dambazau...

    • Posted May 25, 2017
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  • New investors’ window attracts $1.4bn FX inflow – Emefiele

    The recently created Central Bank of Nigeria (CBN) Investors’ and Exporters’ FX Window has attracted $1.4bn in four weeks, the Central Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele has said. Mr. Emefiele disclosed this while fielding...

    • Posted May 25, 2017
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  • Customs attains 75% automation, cuts inspection hour – Ali

    The Comptroller General of Customs, Col. Hameed Ali (Rtd) said Customs has attained 75 per cent automation level while cutting down inspection hours of imported items and papers processing at ports and airports to ease business operations....

    • Posted May 25, 2017
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  • Senate queries CBN over non-circulation of coins

    The Senate yesterday frowned at the non-circulation of coins in the country, urging the Central Bank of Nigeria (CBN) to intensify efforts at addressing the situation. This followed a motion sponsored by Senator Mustapha Bukar (APC, Katsina)...

    • Posted May 24, 2017
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  • CBN seeks to ease Naira pressure with $100 million auction

    The Central Bank of Nigeria (CBN) plans to sell $100 million at a special wholesale spot and forwards auction on Monday as it tries to improve dollar liquidity and ease pressure on the Naira. Africa’s largest economy,...

    • Posted May 23, 2017
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  • I’ll resign if Nigeria continues fuel importation by 2019 – Kachikwu

    Minister of state for Petroleum Resources Dr. Ibe Kachikwu said he will quit from the government if he fails to deliver on the promise to end fuel importation in Nigeria by 2019. Speaking in an interview on...

    • Posted May 23, 2017
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  • KNSG partners World Bank to construct feeder roads in rural communities

    Kano state government has partnered with the World Bank and the African Development Bank to construct over 1000km of rural access roads across 38 local government areas of the state. The project was aimed at improving accessibility and the...

    • Posted May 23, 2017
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  • Emir Sanusi urges states, FG to encourage investment in power sector

    The Emir of Kano, Alhaji Muhammadu Sanusi II has called on both the Federal and State Governments to encourage private entrepreneurs to invest in the power sector. He made the call while delivering a keynote address at...

    • Posted May 22, 2017
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  • MPC meeting: MAN urges CBN to reduce lending rate from 14%

    The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to drop the lending rate from 14 per cent to accelerate productivity and economic growth. The President of MAN, Mr Frank Jacobs,...

    • Posted May 22, 2017
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  • Sokoto State Government to sell houses to civil servants

    The Sokoto State Government says it will sell its houses to civil servants occupying them on owner-occupier basis. Alhaji Bello Gwiwa, the Commissioner for Lands, Housing and Survey, disclosed this in Sokoto on Sunday, at a ministerial...

    • Posted May 22, 2017
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  • Private sector part of Nigeria’s problems – Amaechi

    Minister of Transportation Rotimi Amaechi yesterday declared that the private sector players cannot extricate themselves from the failings of the Federal Government in delivering an efficient transportation sector to the country. The minister spoke during a Government...

    • Posted May 20, 2017
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  • PENGASSAN calls for Exxon Mobil shutdown in Niger Delta

    A Nigerian oil labour union on Friday called for the shutdown of all Exxon Mobil Corp facilities in the Niger Delta, a union representative said. Reuters was unable to independently verify whether union members had shut down...

    • Posted May 20, 2017
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  • FG directs customers to buy electricity from GenCos

    The Federal Government has directed that certain customers can now buy electricity directly from Generation Companies (GenCos). The Minister of Power, Works and Housing, Babatunde Fashola declared the Customers Eligibility in a statement issued by the Nigerian...

    • Posted May 20, 2017
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