President-elect Donald Trump says that “no computer is safe” when it comes to keeping information private, expressing new skepticism about the security of online communications his administration is likely to use for everything from day-to-day planning to international relations. Trump rarely uses email or computers despite his frequent tweeting. “You know, if you have something […]
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The Nigerian Union of Pensioners has accused banks of refusing to pay pensions of its members after reportedly receiving allocation for the payment from the Federal Government, thus denying the retirees the Christmas and New Year celebrations. The Vice-Chairman, NUP, Federal Branch, Lagos, Arashi Lawal, said the money was specifically meant to settle December 2016 […]
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The Lagos State Government on Friday issued its N47bn Series 1 Bond maturing in December, 2023 under its N500bn Third Debt Issuance Programme. Governor Akinwunmi Ambode, at the signing ceremony held at the Lagos House, Ikeja, said that the programme was targeted at improving the physical and social infrastructure base of the state. He said, […]
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President Muhammadu Buhari has urged the Nigerian Armed Forces to ensure the sustenance of peaceful co-existence among ethnic groups across the country. He said that despite the “political madness” in some parts of the country, it was duty bound for the military to ensure Nigeria’s survival as a geo-political entity. President Buhari made the remarks […]
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The Nigerian equity market ended the year on Friday on a positive note, with indices appreciating by a growth of 0.34 per cent. The News Agency of Nigeria reports that market capitalisation for the third consecutive day maintained an upward trend, growing by N31 billion or 0.34 per cent to close at N9.246 trillion against […]
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Ban Ki-moon joked to hundreds of diplomats and U.N. staff as he left United Nations headquarters Friday for the last time as secretary-general that he feels “like Cinderella — tomorrow at midnight, everything changes.” Flanked by the presidents of the General Assembly and the Security Council, the native South Korean thanked U.N. workers for their […]
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My dear Compatriots, I am happy to welcome you to the beginning of a New Year in our beloved country Nigeria. I felicitate with you today at a time when our nation is witnessing a new and impressive turnaround in our security and socio-economic situation. I know you will join me to, once again, congratulate […]
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The Nigerian National Petroleum Corporation on Thursday said the hardship in the aviation sector was not due to the scarcity of Jet-A1, but was partly because of the inability of the airlines to pay for the product. The Group Managing Director, NNPC, Dr. Maikanti Baru, stated that the alleged scarcity of Aviation Turbine Kerosene was […]
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President Muhammadu Buhari on Friday signed the Endangered Species (Control of International Trade and Traffic) Amendment Act 2016. The amendment bill was passed and forwarded to the President by the National Assembly. Speaking with State House correspondents at the end of the ceremony, the Senior Special Assistant on National Assembly Matters (Senate) to the President, […]
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The Bayelsa State Government says it is targeting 150 million Naira monthly revenue from activities of the state environmental sanitation authority. This is part of efforts to boost its internally generated revenue. According to ChannelsTV Chairman of the Bayelsa Environmental Sanitation Authority, Robert Enogha, disclosed this in Yenagoa at the inauguration of the state Environmental Authority […]
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The naira is one of the world’s four worst performing currencies in 2016, according to a report by Bloomberg LP. The naira was said to have lost 36.68 per cent of its spot returns for the year, while the Egyptian pound, Suriname dollar and Venezuela bolivar’s currency spot returns dropped by 58.84 per cent, 46.68 […]
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After roaming around a 3,000 megawatts for about 10 weeks, the country’s total generated power crossed the 4,100MW mark on Monday, December 26, 2016. The country had attained a peak generation of 4,358.6MW on October 16, but this was not sustained as the figure dropped below 4,000MW and had been fluctuating around 3,000MW since October 20. […]
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