The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, says  a new International Labour Oeganisation ( ILO)  report. According to ILO, the  number of unemployed persons globally in 2017 is forecast to stand at just over 201 million – with …

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Olabode Adaramola Minna Niger State Command of the Nigeria Security and Civil Defence Corps (NSCDC) said  it has arrested two suspected Boko Haram members in Minna metropolis, the state capita The suspected members, 20- year old  Usman Al-Amin and Sanusi Ibrahim Bala according to a statement by the Command’s Public Relation Officer, Ibrahim Yahaya were arrested at different locations within …

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The Nigerian Stock Exchange (NSE) said it has put modalities in place at ensuring that the recent rolled-out Federal Government’s 10-point road map at reviving the economy becomes a success. The Government’s Fiscal Roadmap is aimed at addressing barriers to growth that will drive productivity, generate jobs and broaden wealth creating opportunities to achieve inclusive growth. Addressing the capital market …

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The Transmission Company of Nigeria (TCN) said that that the nation’s power generation capacity dropped slightly from 3,959 megawatts from Jan. 4, to 3,751.90 megawatts on Jan. 12, due to dearth of gas. The Nigerian Electricity System Operator (SO) website, a sub agency of TCN, disclosed the figure on its daily forecast website on power generation data in Lagos on …

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Olabode Adaramola The Federal Government has been faulted over its decision to divert flights going to the Nnamdi Azikiwe International Airport Abuja, to Kaduna airport over the ongoing repair works being carried out at the Abuja airport,while describing it as a political maneuvering just like in the previous administrations. An Aviation expert, Engineer Abdullahi Dauda Kutigi who is also a chieftain …

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The World Bank has predicted that the Nigerian economy would rebound from recession and grow by one per cent in 2017 The multilateral institution stated this in its January 2017 Global Economic Prospects report. Nigeria’s third quarter 2016 real gross domestic product (GDP) had contracted by 2.26 per cent from -2.06 per cent in the second quarter of this year, …

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The Kaduna State Government said on Wednesday that it would spend more than N45 billion on education as part of efforts to raise the standard of the sector in the state. Gov. Nasiru El-Rufa’i disclosed this when he received the UN Population Fund (UNFPA) Executive Director, Dr Babatunde Osotimehin, in Kaduna. He said that the government would use part of …

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News Headlines Thursday , January 12,  2017 **The Nation News Headlines** Boy, 4, dies inside well EFCC finds N632.2m in ex-Chief Judge’s account $40b more Chinese investment coming Court remands Fayose’s aides for alleged $50,000 theft Ex-director, ex-NJC secretary, 12 others to testify in Justice Ademola’s trial Boko Haram: Troops recover bodies of Lt.-Col., 15 soldiers Confusion in The Gambia …

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