The attention of the Central Bank of Nigeria (CBN) has been drawn to a media report suggesting that the Office of the Attorney General of the Federation and Minister of Justice has issued a query to the Central Bank of Nigeria (CBN) over issues relating to the sale of foreign exchange. While it is perfectly normal for any agency of …

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From Left: Haruna Jalo-Waziri, Executive Director, Capital Markets, The Nigerian Stock Exchange (NSE); Sam Willie Ndata, Doyen of Stockbroker; Oscar Onyema, Chief Executive Officer, NSE; Biodun Arokodare, Chairman, First Ally Asset Management and Winston Osuchukwu, Managing Director, First Ally Asset Management at the Facts Behind the Offer of TSL – REIT Thursday. Advertisement

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From Left: Engineering Manager, Gabriel South Africa, Roux Coetzee; General Manager, Caravelle Automotive Carpets, Kobus Oosthuysen; Plant Head, Stallion Nissan Motors Nigeria Prakash Karat and Managing Director, Shatterprufe and President NAACAM, Dave Coffey,  at the industry and trade briefing with NADDC and NAMA Advertisement

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Olabode Adaramola The Medical clinic, Bosso campus of the Federal University of Technology, Minna has been burnt down while other facilities of the Institution were also  touched during  students’ protest that erupted yesterday on the campus over the death of their colleagues. National Wire learnt   that the trouble began in  the university,  when the students discovered that one of …

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The Federal Government has signed a €70m grant agreement with the European Union to improve access to effective health care and nutrition in five states and push for polio eradication programmes. Speaking at the signing ceremony on Thursday in Abuja, Mr Michael Arrion, Head, EU Delegation to Nigeria, said EU considers support to the health sector in Nigeria a priority. …

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Folake Sokoya The operatives of the Rapid Response Squad of the Lagos State Police Command have arrested an 18 – year old serial phone thief in Oshodi. The suspect, Sadeeq Wasiu, who had been imprisoned seven times, was re-arrested in Oshodi on Tuesday after several months of being on the operatives’ wanted list. Wasiu, alias “Omo Eiye”, as he is …

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Olabode  Adaramola The deposed emir of Borgu Chiefdom,  Alhaji Ishyaku Jikantoro is dead.  Aged 67, the late emir died Wednesday  at Bay Specialist hospital in Minna at about 12.noon . The deceased was said to have battled with diabetics for some time. His condition, according to an emirate source worsened Tuesday night leading to his being rushed to the hospital …

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Executive Secretary, Nigeria Christian Pilgrim Commission (NCPC), Rev. Uja Tor Uja (middle) in a warm handshake with the Chairman, Senate Committee on Foreign Affairs, Sen. Monsurat Sunmonu (r) while on the (l) is Sen. Sunday Ogbuoji during this year budget defence at National Assembly in Abuja on Thursday. Advertisement

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GLOBAL rating agency, Fitch, Wednesday, revised Bank of Industry’s (BOI) Outlook to Negative from Stable, due to the health of the country’s economy. Fitch, however, reaffirmed the bank’s  National long-term rating  at AA+, as well as its Long-Term Issuer Default Rating (IDR) at ‘B+’. Reacting, Mr. Waheed Olagunju, Acting Managing Director of BoI, said   the reaffirmation of the bank’s National …

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The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), has said there are corruption allegations in the Central Bank of Nigeria’s foreign exchange allocation and transactions. Malami added, on Wednesday, the fraud allegations were “supported by several documents.” According to a subtle query issued by Malami to the Governor of CBN, Mr. Godwin Emefiele, demanding …

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