Ecobank Nigeria has enlisted the services of three fleet management companies to handle its transport services on Pay As You Go basis for its Lagos operations. The partnering companies include Uber, AA Rescue, and Car4U. Under the new arrangement, the Bank has concessioned its pool car services and its erstwhile outsourced drivers numbering about 300 are taking possession of the …
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The Sub-Saharan Africa recorded the lowest economic growth in 2016, the lowest in 20 years, the Managing Director of the International Monetary Fund (IMF), Ms Christine Lagarde said on Friday. Lagarde, who made the remarks in her speech: “Becoming the Champion: Uganda’s Development Challenge” in Kampala, said the sub-region’s economy grew in 2016 at about 1.5 per cent “Sub-Saharan Africa’s …
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Kano State has told its members to disregard the rumour of a possible price hike of Petroleum Products. The state IPMAN Chairman, Alhaji Bashir Dan-Malam, who said this in an interview with newsmen in Kano on Friday, said the call was necessary to avert hoarding and its attendant hardship on Nigerians. …
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As part of its growth plans, the Nigeria Customs Service (NCS) is focusing on a revenue target of between N700 and N900 billion for the 2017 fiscal year even as it justified the recent ban on vehicle imports through land borders. The service said the ban was aimed at checkmating the smuggling of arms and ammunition which it said, were …
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Story by Folake Sokoya There was a mild drama at the Ogun State High Court 5 before Justice Akinyemi on Wednesday as the Senator representing Ogun East Senatorial district, Sen. Buruji Kashamu claimed before the judge that he spent only two years to graduate from primary school. Senator Kashamu had during cross examination in a libel suit AB/297/2016 which he …
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While the African Cup of Nations tournament continues in Gabon without the Nigeria’s Super Eagles who failed to qualified for Africa’s biggest football fiesta, the Nigeria’s national Division One football league is set to commence the 2016/2017 soon. According to the Executive Secretary of Nationwide League One (NLO), Olushola Ogunnowo, the league commences 22nd March. Ogunnowo, in a statement in …
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Indian Acting High Commissioner, Mr Kaiser Alam, has said that the trade volume between Nigeria and India dropped to $12 billion in 2016. Alam said this at a reception to mark the 68th Republic Day of India in Abuja on Thursday. The envoy explained that the trade volume dropped from $16 billion in 2015 to $12 billion in 2016 due …
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Despite the drag in its performance, Guinness Nigeria Plc has assured investors that of a better-days ahead despite the current challenges that is facing the industry. Mr Peter Ndegwa Managing Director of the company disclosed this on Thursday in a statement made available to https://nationalwire.com.ng in Lagos. Ndegwa who was commenting on the company’s unaudited half year financial statement …
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Story by Dayo Emmanuel Three finalists have been named for the 3rd edition of the Journalists For Christ (JFC) Innovative Young Journalist Award. The finalists are Esther Onyinyechi Mark, Content Development Editor, Edufrica and Scholars Hub Africa, Tayo Elegbede, multimedia journalist with TheNewsGuru.com and Ebenezar Wikina, Digital Communications/Research Officer at the Rivers State Government Sustainable Development Goals Office (RSSDGs). …
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The Federal Mortgage Bank of Nigeria (FMBN) says it has sought for legislative intervention for the upward review of its capital base to N500 billion as endorsed by the National Council on Housing to enable it meet its mandate and adequately provide the needed housing funds for Nigerians. Ag. MD/CEO FMBN, Mr. Richard Esin, who revealed this at a 3-day staff …
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