The newly licensed Development Bank of Nigeria will finance about 20,000 Micro, Small and Medium-scale Enterprises in the first year of its operations. The Managing Director, DBN, Mr. Tony Okpanachi, stated this on Friday during a media briefing where some members of the management team were unveiled by the Minister of Finance, Mrs. Kemi Adeosun. […]
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National Bureau of Statistics (NBS) on Tuesday said that inflation dropped by 0.94 per cent in February, the first time in 15 months. In its latest Consumer Price Index (CPI) for February released in Abuja, the bureau stated that the index, which measured inflation increased by 17.78 per cent year-on-year. It, however, stated that the […]
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Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union. Amazon, along with other tech giants such as Google and Apple, has increased its commitment to Britain in […]
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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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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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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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Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices. Brent crude futures, the international benchmark for oil prices, were trading at $55.41 per barrel at 0756 GMT, up 20 cents from their last close. U.S. […]
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Nigeria Cross River state has set a February 2017 deadline to complete works on 21 megawatts Calabar Power Plant and give Calabar metropolis 24/7 uninterrupted electricity supply. During his routine inspection of the ongoing construction work at the site along the Parliamentary Extension in Calabar the Cross River State Capital, Ayade hinted that the power […]
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A massive oil glut may weigh on world markets deep into next year unless the OPEC producer cartel makes good on its promise to cut output, the International Energy Agency (IEA) said on Tuesday. The oil price has recovered steadily since OPEC said last month that it would reduce production, with details to be hammered […]
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