PUNCH *Buhari presents 2017 budget to N’Assembly today *FG, South Africa to implement mining pact *Ember months not for road accidents, says FRSC *Pastry producer tackles company over N8.6m generator *Panic as inmates escape from Owerri prison *Biafra: By the time I finish testifying there will be no Nigeria, Nnamdi Kanu tells Judge **Rivers United hit Madrid for pre-season www.punchng.com/ …

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Glo partners with Lagos State for One Lagos Fiesta Data grandmasters, Globacom is partnering with the Lagos State government for the successful hosting of this year’s edition of One Lagos Fiesta, an initiative introduced by the state government to celebrate the end of the year and count down to the New Year. Globacom was formally unveiled as a major sponsor …

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CBN to unveil N30bn agric/SME fund in January The Central Bank of Nigeria has said it will, together with the Deposit Money Banks, set up a new fund to boost agriculture and the Small and Medium-sized Enterprises in the country, targeting at least N30bn for the first year. The Governor, CBN, Mr. Godwin Emefiele, disclosed this on Saturday at a …

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‘Suspend policy on vehicle importation ban through land borders’ The House of Representatives has advised President Muhammadu Buhari to direct Nigeria Customs Service (NCS) to suspend recent policy banning the importation of vehicles through the nation’s land borders. In its resolution on Thursday, the lawmakers explained that more security personnel should be deployed to the borders, adding that the policy …

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FG Information App For Launch December 15 The Minister of Information and Culture, Alhaji Lai Mohammed, has announced that the Federal Government Information App (FGIAPP) will be launched in Abuja on 15 Dec. 2016, as part of efforts to enhance the dissemination of government activities. The Minister made the announcement in Abuja on Thursday at a meeting with Resident Information Officers (RIOs) from Ministries, …

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President Muhammadu Buhari FG not turning to IMF for loan The Ministry of Budget and National Planning has explained that the Federal Government is not looking to source any loan from the International Monetary Fund (IMF), as reported by a national newspaper on Friday. Advertisement While briefing a French delegation that visited him in Abuja on Thursday, on what the …

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Minister of Transportation, Mr Chibuike Amaechi, on Thursday urged APC supporters in Rivers not to allow members of the opposition parties to intimidate them during the rerun election. The rerun is slated for Dec. 10. Amaechi, the immediate past Governor of the state, gave the advice during an All Progressives Congress (APC) campaign rally in Port Harcourt. He urged the …

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FG borrowing to fund targeted infrastructure projects – Udoma As international Development Partners explore areas of support to help Nigeria grow a sustainable economy, Budget and Planning Minister, Senator Udoma Udo Udoma, has re-emphasized that Nigeria’s borrowings are solely to fund infrastructure projects. Briefing the Assistant Secretary for Multilateral Affairs of the Trade and Policy Department at the French Treasury, …

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CBN Reads Riot Act To Banks Over Intervention Funds The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has warned Participating Financial Institutions (PFIs) in the country against charging double-digit interest on intervention funds guaranteed by the apex bank. Mr. Emefiele who gave the warning in Abeokuta, Ogun state, during an interaction between the Presidential Task Force on Agricultural …

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