Politics

The Coordinator of Atiku Presidential Campaign Organisation Women Mobilisation Committee, Ogun State Chapter, Hon. Princess Ronke Ogunremi has pledged that her group will continue spreading the good tidings of the Peoples Democratic Party Presidential Candidate, Alhaji Atiku Abubakar till victory is ascertained. She made this known during a two day workshop put together to sensitise women on the need to …

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The National Insurance Commission has cancelled the Tier Based Solvency Capital recapitalisation of the underwriting sector with immediate effect. The commission gave this notice in a circular to all insurance companies on ‘Withdrawal of circular on Tier Based Solvency Capital policy for insurance companies in Nigeria’, which was signed by the Director, NAICOM, Mr Agboola Pius, on Friday. It stated, …

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Chairman of the Independent National Electoral Commission, Mahmood Yakubu, has said that the Area Council elections in FCT will hold on March 2, 2019, along with the governorship and state Assembly elections, He also disclosed that the list of candidates for elections will be published in its Federal Capital Territory office and also at the six Area Councils on Wednesday, 21st November, …

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Former Military President, General Ibrahim Badamasi Babangida,  has salute former President Goodluck Ebele Jonathan on his 61st birthday, describing the former Nigerian leader as a pragmatic politician in the African continent. In his birthday message to former President Jonathan , General Babangida said: ” President Jonathan has set a record as the first Africa leader to concede defeat in a …

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Revenue disbursements by the Federation Account Allocation Committee (FAAC) to the three tiers of Nigeria’s government has witnessed a steady increase in three consecutive quarters of this year with N2.28 trillion shared in the third quarter (Q3) of 2018, the Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed. NEITI, in a statement sent to THISDAY Sunday in Abuja, said out …

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Heritage Bank Plc has restated commitment to improved youth and sport developments in the country, thereby attaining rapid growth in these areas, through sponsorship of sporting activities in tertiary institutions. The MD/CEO of Heritage Bank, Ifie Sekibo affirmed this at the just concluded 14th edition of the West African Universities Game (WAUG) held in Port Harcourt at the University of Port …

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A subscriber to MTN Nigeria Communications Limited, Chidi Johnson has instituted N250million suit against the telecommunications company before a  Federal High Court in Lagos, south west Nigeria over his alleged harassment, arrest and illegal detention without a reasonable cause. Johnson is claiming the sum as damages  for the public harassment, inconvenience and loss of business he suffered as a result …

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The Capital Market Committee (CMC) has inaugurated a Market Wide FinTech Committee to come up with a FinTech Roadmap for the Nigerian Capital Market. Inaugurating the Committee which has Mr. Ade Bajomo, Executive Director is Access Bank as Chairman, during the 3rd Quarter CMC meeting in Lagos Wednesday, Acting Director General of the Securities and Exchange Commission (SEC), Ms. Mary …

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Rob Shuter, the chief executive officer at MTN Group, says the group will acquire an independent banking licence in Nigeria by 2019. Speaking at a telecoms conference in Cape Town, South Africa on Tuesday, the MTN CEO said it will put in an application in December and should lunch the bank in second quarter 2019. “We will be applying for a …

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Oil prices hit its lowest point since December 2017 on Tuesday, following anticipated oversupply in the global crude oil market. Brent crude futures, the global benchmark fell by 7.34 percent to $64.97, while US West Texas Intermediate (WTI) lost $2 in less than 30 minutes to sell at $55.12 on Tuesday evening. During its last meeting, the Organisation of Petroleum Exporting …

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