Politics

35-year old suspected rapist nabbed by the police in Niger

35-year old suspected rapist nabbed by the police in Niger Olabode Adaramola A 35- year old man, Mohammed Dan Abass, has been arrested by the Police in Niger State, over allegation of forcefully having  canal knowledge of a 14- year old girl, Miss Ramatu Mohammed,  at Barke Saleh area of Minna the state capital, after pretending to be assisting  the victim. …

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First Bnak wins digital bank award

First Bnak wins digital bank award As part of operational repositioning, First Bank of Nigeria Limited has won the Global Finance Digital Bank of Distinction award, 2016. The Bank in a statement, said, “This new award recognizes outstanding accomplishments in digital banking made by middle-market and local banks. It honours banks that may be outspent by their global competitors but …

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listing of The Initiates Plc at the Exchange on Tuesday…Pix

From Left: Joseph Ogbonna Anosike, Chairman, The Initiates Plc; Oscar Onyema, Chief Executive Officer, The Nigerian Stock Exchange (NSE) and Ossai Reuben Mustapha, Managing Director/CEO, The Initiates Plc at the listing of The Initiates Plc at the Exchange on Tuesday. Advertisement  

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Niger Govt signs MOU with a firm for Construction of 50Megawatts of Solar Plant

Niger Govt signs MOU with a firm for Construction of 50Megawatts of Solar Plant Olabode Adaramola Niger State Government has signed a Memorandum of Understanding (MOU) with Vyonarc Development Limited for the construction of 50 Megawatts Solar Plant at Ragba along Mokwa-Jebba road in Mokwa Local Government of the State. Speaking to journalists in his office, the Hon. Commissioner for …

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Federal roads deadly, security threats in Niger – Mai Borgu ‎

  Emir of Borgu Kingdom, Alhaji Mohammed Dantoro Federal roads deadly, security threats in Niger – Mai Borgu ‎ Olabode Adaramola The emir of Borgu Kingdom,in Borgu Local Government of Niger state, Alhaji Mohammed Dantoro (Mai Borgu), has described federal roads in the state as deadly and security threats to motorists and commuters alike, while calling the federal government to re-award the contract …

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Zenith Bank records N100bn profit after tax

Zenith Bank records N100bn profit after tax With a 20.4 per cent appreciation in profit after tax, Zenith Bank Plc has announced a cumulative N100billion profit for the nine months ended September 30, 2016, compared to N83billion recorded for the same period in 2015. The bank ended the period with a profit before tax of N121.2bn, showing an increase of …

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Anambra hits 210,000 metric tonnes target in rice production

Anambra hits 210,000 metric tonnes target in rice production ‎ The Anambra State Commissioner for Agriculture, Afam Mbanefo, said on Monday that the state has reached self-sufficiency in rice production. Mr. Mbanefo made the disclosure at a Commodity Alliance Forum/Consultative meeting organised by the state Value Chain Development Programme (VCDP) in Awka. According to agency report, the commissioner recalled that …

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Listing of Vetiva S&P Bond ETF at the Exchange…Pix

From  Left:  Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Buki Abu, ETF Product Manager, NSE; Oyelade Eigbe, Head of Investments, Vetiva Fund Managers Limited; Damilola Ajayi, Managing Director/CEO, Vetiva Fund Manager Limited; Oscar N. Onyema, OON, Chief Executive Officer, NSE; Prof. Fidelis Oditah (QC, SAN), Group Chairman, Vetiva; Dr. Olaolu Mudasiru, Group Deputy Managing Director/COO, Vetiva; …

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N2.4bn shipping document fraud: Court fixes Nov 25 for Innosson Ltd case

N2.4bn shipping document fraud: Court fixes Nov 25 for Innosson Ltd case A Federal High Court in Lagos on Monday fixed November 25 to hear a N2.4 billion suit filed against a company – Innosson Nig. Ltd – over alleged falsification of shipping documents. Charged alongside Innosson Nig. Ltd are Innocent Chukwuma, Charles Chukwu, Maximian Chukwura, Mitsui Osk Lines ‘C’ …

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OTC Market records 5.45 % decline YoY in September

OTC Market records 5.45 % decline YoY in September   Turnover of transactions carried out in the Fixed Income and Currency (FIC) markets for the month of September 2016 amounted to ₦10.85trn; an increase of 11.30 per cent (₦1.10trn) over the value recorded in August and a 5.45 per cent (₦0.63trn) decline Year on Year (YOY). Activities in the Foreign …

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