The detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, on Wednesday hinted at exploiting the process of an out-of-court settlement in his alleged treasonable felony trial. Kanu made the disclosure at his resumed trial before Justice Binta Nyako of the Federal High Court in Abuja. The detained IPOB leader has been […]
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Guaranty Trust Holding Company Plc (GTCO) has filed a preliminary “red herring” prospectus with the Securities and Exchange Commission (SEC) to raise a proposed offering of N500 billion gross proceed. This was disclosed in a notice sent by the holdings to SEC on Thursday in Lagos on 13th June, 2024. The notice said the prospectus […]
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By Olusegun S. Ayeoyenikan, Director Information, National Agency for Science and Engineering Infrastructure (NASENI) Headquarters, Abuja. Nigeria cannot have real development without a sustainable industrial growth and manufacturing capacity which is the solution to poverty, unemployment and insecurity. No doubt having an industrial goods production base and or a competitive industrial economy is the only […]
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The African Public Relations Association (APRA) has expressed heartfelt condolences to the Public Relations Society of Malawi (PRSM, an institutional member of APRA), the government and citizens of the Republic of Malawi over the tragic plane crash that claimed the lives of the Vice President of Malawi, H.E. Dr. Saulos Chilima, and nine others on […]
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The Executive Vice Chairman/Chief Executive Officer, National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, has assured the House of Representatives Committee on NASENI that the Agency’s branded commercial products that have been unveiled are market ready and SON certified. Mr. Halilu disclosed this on Thursday in Abuja when the House Committee […]
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At the Africa Hospitality Investment Forum (AHIF), scheduled place in Namibia in June, Alain Sebah, President, Golden Tulip Afrique Francophone & East Africa (GTAF), and Managing Director and CEO, Transcorp Hotels Plc Dupe Olusola, will both receive awards recognising their professional accomplishments. Alain will receive the Outstanding Contribution Award and Dupe the Leadership Award. […]
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Nigeria government is said to be considering suspending import duties on staple food, drugs and other essential items for six months to slow inflation in Africa’s most-populous nation, Bloomberg reported yesterday. The government may also waive levies on fertilisers, poultry feed, flour and grains, according to a document seen by the news medium that has […]
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*STATE HOUSE PRESS STATEMENT *LEAKED DOCUMENTS ON FISCAL POLICY PROPOSALS NOT OFFICIAL The attention of the Presidency has been drawn to two fiscal policy documents in circulation that are being given wide coverage by the mainstream media and social media platforms. One of the documents titled Inflation Reduction and Price Stability (Fiscal Policy Measure etc) […]
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The National Working Committee (NWC) of the Peoples Democratic Party (PDP) says it is not in merger or amalgamation talks with any political party or interest. The party’s National Publicity Secretary, Mr Debo Ologunagba, disclosed this in a statement issued after the party’s NWC 587th meeting in Abuja on Tuesday. Olugunagba said that while PDP […]
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Fidelity Bank Plc said it has concluded plans to raise N127.1 billion by way of rights issue to existing shareholders and a public offer, which is a combined subscription. The bank said this in a statement made available to newsmen on Wednesday 5th June, 2024 in Lagos. It said that the combined offer was part […]
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In Nigeria, a young tech-savvy and upwardly mobile population is teeming, and exploring derivable benefits of digital technologies. They are propelled by rapidly expanding internet access and steady broadband penetration, currently about 43 per cent. Our digital economy is poised for significant growth, positively impacting various sectors and benefiting the nation through enhanced connectivity and […]
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The Central Bank of Nigeria (CBN) has cited failure of the board of directors of Heritage Bank to improve its financial performance as the reason for the revocation of the bank’s operating licence. Consequently, the Nigeria Deposit Insurance Corporation, NDIC, has also commenced liquidation process of the bank, assuring that it will pay the insured […]
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