THE Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has won the Leadership Newspaper’s Quinquennial Award for outstanding person in governance and infrastructure. Mr Anthony Ogunleye, Director of Press, Office of the Minister, disclosed this in a statement in Abuja on Tuesday. Ogunleye explained that the award was …
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THE Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, reversing several days of bearish trends, with a gain of N101 billion. The NGX market capitalisation rose by N101 billion or 0.15 per cent, closing at N65.589 trillion, up from N65.488 trillion on Monday. Similarly, the All-Share Index (ASI) increased by 159.88 …
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THE Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a total of €230 million and $10 million to finance projects aimed at stimulating development and boosting economic activities in West Africa. A statement by the bank on Tuesday said the financing package was granted …
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THE Director General (D-G) of the National Pension Commission (PenCom), Omolola Oloworaran, says the N5.51 trillion pension investment will boost the country’s real sector development. This is contained in a statement issued by the management of the commission in Abuja on Tuesday. The investments, she said, span infrastructure, private equity …
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MTN Nigeria on Tuesday while paying tribute to its late founding Chairman, Pascal Dozie, described him as a steady hand, wise and gentle. The Chief Executive Officer, MTN Nigeria, Karl Toriola, said in a statement that Dozie’s unwavering belief in Nigeria’s potential and his dedication to its development were truly …
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An Inspector with the Nigerian Police, Stephen Enang on Tuesday night in Calabar died while watching the Champions League match between Arsenal and Real Madrid at a football viewing center. Enang, said to be a diehard fan of Arsenal, was until his death, attached to the Akim Police Division, along …
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THE central parity rate of the Chinese currency Renminbi, or the Yuan, weakened 28 pips to 7.2066 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade System. The central parity rate of the Yuan against the dollar is based on a weighted average of prices …
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Gov. Alex Otti of Abia, has described the death of Dr Pascal Dozie, the Founder, Diamond Bank Plc, as a huge loss to the nation. Otti said in a statement by his media aide, Ferdinand Ekeoma on Wednesday in Umuahia, that Dozie was a renowned entrepreneur and icon in the …
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A 36-year-of thrift collector, Janet Nathan, was on Wednesday docked in a Kaduna State Magistrate Court for allegedly stealing N3.3 million belonging to some traders. Nathan, who resides in Trikania Kaduna, is standing trial on a six-count charge bordering on fraud and stealing. She however pleaded not guilty to the …
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THE Police Command in Ondo State says it has deployed operatives to apprehend killers of three farmers at Ajagbusi community in Akure North Local Government Area of the state on Tuesday. DSP Ayanlade Olushola, the command’s spokesperson made the disclosure while speaking with the News Agency of Nigeria (NAN) in …
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