All posts tagged "featured"

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  FG Gives out N3.5 billion to Federal University Lokoja

  N3.5 billion has been released so far for the take off of the Federal University, Lokoja, by the Federal Government. Initially N1.5 billion was disbursed for the provision of facilities at the temporary campus, then N2b for...

  • Posted December 18, 2012
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  Inflation Soars To 12.3% In November, Driven By Higher Food Prices

  For Nigerians that may be wondering why the price of foodstuffs has experienced an astronomical progression, it has  been confirmed that the post flooding effect that adversely affected  food production in the country, constituted  a major factor...

  • Posted December 18, 2012
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  Crime Watch: EFCC Re-Arrests Top Suspect For N32.8 Police Pension Theft

  Esai Dangabar was yesterday arrested by the Economic and Financial Crimes Commission (EFCC) for allegedly defrauding the Police Pension Office of N32.8 billion. Esai Dangabar is one of the six accused persons being prosecuted for the crime,...

  • Posted December 18, 2012
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  Imo LG Chairmen Want N13.7 billion Bond Investigated

  As a way of showing their dissatisfaction and unhappiness over the way the state public funds are managed, especially as regards the allocation for the local governments, ousted chairmen of the local governments under the auspices of...

  • Posted December 18, 2012
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  Finance Minister Accuses Subsidy Fraudsters over Mothers Kidnap

  The Finance Minister, Dr. Ngozi Okonjo-Iweala’s mother was kidnapped on December 9 from her home in Ogwashi Uku, Delta State and released five days later. However, the minister is pointing fingers to certain quarters for kidnapping her...

  • Posted December 18, 2012
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  FG To Save N474b Through Weights And Measures Department

  The minister of Trade and Investment Mr. Olusegun Aganga, yesterday disclosed that through the implementation of the new policy on Weights and Measures the Federal Government would save about N474billion ($3billion). Aganga said now that the President...

  • Posted December 18, 2012
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  Nigerian Stock Exchange Watch: ASI (-0.7%) Retreats As Week Commences

  The Nigerian Stock Exchange commenced the week on a negative note, shedding 70 basis points. The banking sub-sector was predominantly bearish with most tickers recording losses. Access (+0.34%), Diamond (+0.43%), FCMB (+2.8%) and Zenith (+0.17%) were the...

  • Posted December 17, 2012
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  Reliance On Rice Importation Will Cost N23.4 trillion

  The Minister of Agriculture and Rural Development, Dr Akinwunmi Adesina, has disclosed that the Federal Government about $150 billion (N23.4 trillion) could be spent by 2050 to meet the demand of a  population that has an increasing...

  • Posted December 17, 2012
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  Tiger Brands May Acquire Monopoly in Nigeria’s Food Industry

  Stakeholders in Nigeria’s food industry have cautioned that the recent purchase of majority stakes in UAC Foods and Dangote Flour Mills by South African- owned Tiger Brands could create an unhealthy monopoly. They also called on the...

  • Posted December 17, 2012
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  Delta Port To Be Revived By Ports Authority

  The Nigerian Ports Authority (NPA) has plans to revive the Koko Port in Delta State, its managing director, Omar Suleiman has disclosed. He said this was going to be a collaborative effort between the NPA, Nigerian National...

  • Posted December 17, 2012
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