Metro

Barely six months to the expiration of his tenure, Governor Tanko Al-Makura of Nasarawa state has forwarded names of 11 new commissioner nominees to the state House of Assembly for confirmation as commissioners and members of the state executive council. Speaker of the Nassarawa Assembly, Hon Ibrahim Balarabe-Abdullah read the names on the floor of the house stressing that their …

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A housewife, Mrs Lynda Ogedazi, on Tuesday prayed an Ikorodu Customary Court in Lagos State to dissolve the marriage between her and her husband, Uzor Ogedazi. She said that this was on the grounds of threat to life and constant beating. “My lord, there is no more love in our marriage. I want a divorce. “He constantly beats me and …

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This was disclosed by Mr. Tunde Fowler, Chairman, Joint Tax Board (JTB) and Executive Chairman, Federal Inland Revenue Service (FIRS) at the 142nd meeting of the JTB in Bauchi yesterday. According to him, the ongoing database consolidation of the JTB, an initiative being executed in collaboration with the Nigeria Interbank Settlement System (NIBSS), a national taxpayer database with the data …

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The Tincan Island Port Command of the Nigeria Customs Service (NCS) said it has generated N303.5 billion from January till date, as against N253 billion same time last year. The Comptroller General of Customs, Col. Hameed Ali, who was represented by the Deputy Comptroller, General, Austin Chidi, disclosed this yesterday while addressing newsmen at the Tincan Island Port Command of …

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Vice President and Treasurer, World Bank, Ms. Arunma Oteh yesterday urged the African Securities Exchanges Association (ASEA) to ensure listing the of 44,000 Small and Medium Enterprises (SMEs) out of 44 million operating on the continent. Oteh, who is a former Director-General of the Securities and Exchange Commission (SEC), made the call while speaking at the 22nd ASEA annual general …

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The 36 states of the federation received a total sum of N1.23 trillion as net allocation from the Federation Account Allocation Committee (FAAC) in the first half of this year, the National Bureau of Statistics (NBS) has said. It added that a total revenue of N1.74 trillion was available to the states within the review period. Also, the statistical agency …

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The Central Bank of Nigeria (CBN) has pumped $26.765 billion into the interbank segment of the foreign exchange (forex) market since it started its forays into the market in February last year, figures compiled have shown. According to Thisday reports, the amount of the weekly forex sales increased by $3.508 billion, from N23.257 billion as of August 8, to $26.765 …

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Nigeria has lost its most valued crude oil buyers, even as its erstwhile gas customers are now competing with it, the Department of Petroleum Resources said on Monday. The Director, DPR, Mr Mordecai Ladan, said the oil and gas industry seemed to be under a new threat, which he described as the renewed dislike and global war against fossil fuels …

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In its quest to go beyond banking in serving its customers better and impacting on their lives, Diamond Bank has introduced a premium lifestyle subscription service for its Affluent banking customers called XclusivePlus. Speaking on the XclusivePlus Proposition, Kari Tukur, Head, Consumer Banking, Diamond bank Plc. Said “we have seen a rise in customer spend in the past few years …

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Citing rising costs and drop in car sales, General Motors (GM) has concluded plans to halt production at five factories and cut more than 14,000 jobs. The US carmaker has also announced it will close three plants outside North America by the end of 2019. The moves follow rising costs and slower car sales and come as the firm focuses on its line-up of …

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