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Nigeria
Don’t try me with Fani-Kayode, ex-minister begs court
Ramon Oladimeji A former Minister of State for Finance, Senator Nenadi Usman, has asked Justice Muslim Hassan of the Federal High Court in Lagos to allow her to be tried separately from a former Minister of Aviation, Chief Femi Fani-Kayode. The Economic and Financial Crimes Commission charged Usman and Fani-Kayode ...
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Nigeria
LASG eyes entertainment to boost economy
Sesan Olufowobi The Lagos State Governor, Akinwunmi Ambode, says his administration will leverage the vast opportunities in entertainment, tourism and arts sectors to boost the Gross Domestic Product of the state. The governor, who spoke on Tuesday at the Lagos House, Ikeja, when he received artistes who performed at the ...
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Nigeria
Crude proceeds rose by N22.84bn in Nov – NNPC
Okechukwu Nnodim, Abuja Latest figures from the Nigerian National Petroleum Corporation have revealed that the country’s crude oil sales proceeds increased by $74.9m or N22.84bn (using the official exchange rate of N305 to a dollar) in November 2016. This, however, was despite the 8.4 per cent drop in the international ...
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Nigeria
…foreign airlines list demands
Okechukwu Nnodim, Abuja International airlines operating in Nigeria have outlined their demands before they can effectively fly to the Kaduna International Airport once the Nnamdi Azikiwe International Airport, Abuja is closed for a six week repair on its runway, beginning from March 8. The airlines made their demands known to ...
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Nigeria
Build unique businesses, entrepreneur advises accountants
Ife Ogunfuwa The Chief Executive Officer, Adam and Eve, Mrs. ModupeOgunlesi, has advised female accountants to develop unique strategies in their business pursuit. Speaking in Lagos at a gathering of the Society of Women Accountants in Nigeria, themed: ‘The process of entrepreneurship – An accountant’s point of view’, she encouraged ...
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Nigeria
How Saraki operated, funded undeclared foreign accounts – Banker
Ade Adesomoju, Abuja The Head of Funds Transfer Unit of the Guaranty Trust Bank, Mr. Amazi Nwachuckwu, appeared before the Code of Conduct Tribunal in Abuja on Tuesday giving details of how the Senate President, Dr. Bukola Saraki, operated and funded offshore accounts between 2009 and a 2012, while serving ...
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Nigeria
20,000 unjustly killed in Kaduna since 1980, says El-Rufai
Godwin Isenyo, Kaduna The Kaduna State Governor, Mallam Nasir el-Rufai, said on Tuesday that no fewer than 20,000 persons had lost their lives in various crises in the state since 1980. The solution to killings with impunity in the state, the governor said, was enforcement of the law and prosecution ...
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Nigeria
Fed Govt, CBN to close forex rates’ gaps
Vice-President Yemi Osinbajo yesterday said the Federal Government is in talks with the Central Bank of Nigeria (CBN) to close the foreign exchange (forex) rates at the official and parallel markets. “The gap between the official and parallel market… it isn’t helpful. “If you look at economic recovery and growth ...
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Nigeria
Nigeria cashew farmers plan output boost
Nigerian cashew producers are working on a four-year plan to cultivate more land and boost exports more than threefold to 500,000 metric tons a year to feed a growing export market. With about 160,000 hectares (395,000 acres) of land producing about 150,000 tons a year, farmers are seeking to bring ...
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Nigeria
Ogun, firm to partner on $10m rice project
The Ogun State government and Sterling Group, an agro-allied firm, are set to work in partnership towards the production of rice and other agricultural produce for food security. This partnership plan was disclosed to reporters during a meeting between the state government delegation led by Secretary to the State Government, ...