In its global quest to see to the development of science and research, Henkel has launched its global educational initiative Forscherwelt, in Nigeria – making this a first for the African continent. The launch, which was held at The People’s Primary School in Ibadan, further reiterates the company’s commitment to …
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The World Bank has projected $17.6 billion Diaspora remittances into Nigeria in 2021, representing 2.5 per cent increase from $17.2 billion recorded in 2020. The Bank gave this projection in a report titled, “Migration and Development Brief 35”, attributing the moderate increase in Nigeria’s Diaspora remittances to increasing influence of …
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The National Drug Law Enforcement Agency (NDLEA) on Thursday said legalization of consumption of cannabis will take Nigeria back to it’s dark days. Brig.-Gen. Buba Marwa (rtd), the Chairman and Chief Executive of the agency, said this at an interactive session with heads of security agencies, Non-Governmental Organisations (NGOs) and …
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IT is alarming that some beneficiary farmers of the Central Bank of Nigeria’s Anchor Borrowers’ Programme owed the bank N463 billion as of March 2021, according to data from the CBN Economic Report for April. The ABP was officially expanded on November 17, 2015, by the President, Major-General Muhammadu Buhari …
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Chairman of the Innoson Vehicle Manufacturing Limited, (IVM), Mr. Innocent Chukwuma has expressed optimism that the company would take over the Africa market in the nearest future He made the declaration during a parley with journalists in Nnewi, Anambra State. Chukwuma said the company was looking ahead to being a …
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The African Export-Import Bank, Afreximbank, has signed a $1.04 billion dollar facility with the Nigerian National Petroleum Corporation, NNPC, to finance oil exploration. A statement issued by the bank on Wednesday, said that the agreement was concluded in Durban, South Africa, at the second Intra-Africa Trade fair (IATF2021), which began …
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The EFCC, on Monday November 15, 2021 flagged-off a nationwide risk assessment of Non-profit Organizations. The programme which is a collaborative initiative of the EFCC through the Special Control Unit against Money Laundering, SCUML, and relevant stakeholders in the public and private sectors, according to the EFCC Chairman, Abdulrasheed Bawa, …
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The federal government has announced the possible resumption of flights between Nigeria and the United Arab Emirates (UAE). Direct flights between both countries were suspended in March over issues relating to COVID-19 protocol. Speaking at a media briefing on Monday, Mukhtar Muhammad, national incident manager of the presidential steering committee …
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Premium food brand, Mamador, produced by PZ Wilmar, rewarded Nigerian Olympic and Paralympic medallists from the 2020 Tokyo Games with a total of N6.5 million. The ceremony kicked off with the Managing Director, PZ Wilmar, Ipsit Chakrabarti sharing his delight and pleasure in the business hosting the team as it …
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Deadly explosion: Over 1,000 shops shut in Ladipo spare parts market Businesses were paralysed on the ever-busy Ojekunle Street in the popular Ladipo Market area of Lagos State on Tuesday as over 1,000 shops were shut down as a result of the deadly gas explosion that rocked a mechanic workshop …
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