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Ogun State Governor, Ibikunle Amosun

Amosun signs Ogun State 2017 Budget to law

Ogun State Governor, Ibikunle Amosun, has signed the 2017 budget of 221 billion Naira tagged “Budget of Repositioning” into law. Flanked by the Speaker of the state House of Assembly, Mr Suraj Adekunbi and some members of the state executive council, the Governor promised to implement the contents of the budget to the fullest, despite […]

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$6 billion property lost in northeast Nigeria since 2009

Borno state in northeast Nigeria has lost property worth about $6 billion to the war against Boko Haram since 2009. A Special Assistant to the state Governor, Mr Isa Gusau, said that 956,453 houses were destroyed across the 27 local government areas, about 30 per cent of the number houses in the state. “It would […]

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Expert calls for the modernisation of tax system

Halliru Godel, a member of the Association for the Emancipation of Rights of Small Scale Industrialists (AERSSI), has called for the modernisation of taxation system in Nigeria to fast track economic development. Godel told the News Agency of Nigeria in Kano on Thursday that taxation would play a crucial role in the development of the Nigerian […]

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Analysis: Need help spending this new year? Read . . .

Mindfulness and meditation can ease chronic pain, anxiety and depression. Now some money experts say awareness tools such as these can help you avoid impulse purchases and create a spending plan that reflects your values. There’s no single definition of mindfulness, but Leah Weiss, who teaches leading with mindfulness and compassion at Stanford University’s Graduate […]

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Lai Mohammed

Federal permsec carts away 40 SUVs, says Lai

A former Federal permanent secretary, abbreviated as permsec, retired from office recently and carted away a total of 40 brand new SUVs and other vehicles. The startling revelation was made today by Minister of Information and Culture, Alhaji Lai Mohammed, while explaining President Muhammadu Buhari’s well-articulated strategy in the fight against corruption in the country. Mohammed was […]

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Shekau in a new video says group safe, not crushed

Boko Haram’s elusive leader Abubakar Shekau appeared in a new video on Thursday to dispute a claim that the jihadist group had been routed from its Sambisa Forest stronghold. “We are safe. We have not been flushed out of anywhere. And tactics and strategies cannot reveal our location except if Allah wills by his decree,” […]

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FG to spend N1.9bn on sewage, fumigation in 2017

The Federal Government and some its agencies that are not under the first line charge will spend N1.91bn on clearing of sewage and fumigation in the 2017 fiscal year, investigation has shown. Details of the proposed spending are contained in the 2017 budget, which was submitted to a joint session of the National Assembly by […]

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N250 million worth cannabis seized from Ghana

Forty-three jumbo bags of cannabis worth N250m smuggled into the country from Ghana have been seized along Agbara/Badagry road by the Nigeria Customs Service. The Western Marine Command of the NCS disclosed this in a statement. It quoted the Controller of the command, Yusuf Umar, as saying that the seizure was made possible following a […]

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The Nigerian Stock Exchange (NSE)

34 stocks edge up market capitalisation by N69 billion

Nigerian Stock Exchange’s market capitalisation appreciated by N69 billionn as 34 stock recorded gains at the close of trading on Wednesday. The market capitalisation rose to N9.182tn from N9.113tn, while the All-Share Index closed at 26,688.25 basis points from 26,486.02 basis points. A total of 131.741 million shares worth N1.247bn exchanged hands in 2,257 deals. […]

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Atiku

Atiku describes the B’Haram’s defeat as the ‘best Christmas gift’

Former Vice-President Atiku Abubakar has described the defeat of the Boko Haram terrorist group as the best Christmas and New Year gift to Nigeria. He noted that the sacrifice of the Armed Forces was a gift to a nation that had been under tremendous stress on account of the deadly activities of the insurgents. Atiku, […]

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Guinness Nigeria eyes N40 billion new equity funds in rights issue

Guinness Nigeria PLC plans to raise about N40 billion from its shareholders as part of strategic plan to deepen its balance sheet and provide long-term financial support for its business. A notification issued by the company indicates that the Board of Directors of Guinness Nigeria has fixed an Extraordinary General Meeting (EGM) for January 24, […]

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Dangote admire Nigerians’ resilience in the face of challenge

Africa’s richest man, Aliko Dangote, admired and commended Nigerians for their resilience the face of the prevailing economic challenges, saying they had made sacrifices that would soon see the nation out of the woods. Addressing a group of small and medium enterprise operators who met with him in Lagos during the festive period, Dangote said that […]

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