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FG, UBA Restate Commitment to Developing Creative Industry as REDTV’s Our Best Friend’s wedding Premieres in Lagos

REDTV, a dynamic online lifestyle channel that puts the spotlight on Africa with a distinct global appeal, in conjunction with The Naked Convos has premiered a new web-series titled, ‘Our Best Friend’s wedding’.  REDTV is supported by the United Bank for Africa’s (UBA Plc). The impressive gathering which held this past weekend, attracted a good number of A-list dignitaries and business leaders, from different industries across Nigeria  including: …

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Indorama Powers Nigeria with Petrochemicals and Fertilizers

The emergence of Indorama Eleme Petrochemicals Limited (IEPL), Port Harcourt through the nation’s privatisation programme in 2006 and the commissioning of its world-class fertilizer plant in 2016 have fuelled tremendous socio-economic activities in Nigeria, especially in the industrial and agricultural sectors. Indorama’s fertilizer plant in Port Harcourt with capacity for 1.5 million metric tons of granular Urea is the world’s …

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National Industrial Court to launch mobile app

The National Industrial Court of Nigeria says it plans to launch a mobile app in order to increase access of litigants to information, ease court proceedings and boost speedy delivery of judgments. The President of the Court, Justice Babatunde Adejumo, made this known on Tuesday in Abuja, when he displayed some features of the app through a mobile phone to …

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FRSC seeks nationwide ban on okada

The Federal Road Safety Corps has recommended a nationwide ban on commercial motorcycles popularly known as ‘Okada’ to reduce road accidents. The recommendation forms part of the October Road Traffic Crash Report 2016, submitted by the Corps Marshal, Mr. Boboye Oyeyemi, to the Secretary to the Government of the Federation. The report quotes Oyeyemi as saying that commercial motorcyclist remained …

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NDDC Sets 21-point Agenda for Niger Delta Development

The Niger Delta Development Commission (NDDC) has reaffirmed its commitment to making the commission’s systems and processes more transparent for sustainable development of the Niger Delta region. This was contained in a 21-point focus set out at the board’s inaugural meeting in Port Harcourt, Rivers State last Thursday as strategic to regional development. NDDC Chairman, Senator Victor Ndoma-Egba, stated that …

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Equities market outlook in 2017: Market drivers still under siege – Afrinvest

AS the stock market looks likely to end the first month of this year in negative territory, investment analysts at Afrinvest West Africa have posited that 2017 may end up another difficult year for equities if certain drivers of the negative 2016 performance are not addressed urgently. The analysts observed that market performance in 2016 indicated that although a combination …

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Power ‘ll improve this year, says Eko DisCo chief

The Managing Director/CEO, Eko Electricity Distribution Company (EKEDC), Mr. Oladele Amoda, has assured that power supply will improve this year. He said stakeholders in the electricity sector know the source of the power problems in the country. Amoda who made this disclosure on Monday, in an interview with the News Agency of Nigeria (NAN) in Lagos, said the Federal Government is …

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GE to invest in Nigeria’s refineries

United States (US) multinational General Electric (GE) in Abuja proposed to invest in Nigeria’s three refineries located in Port Harcourt, Warri and Kaduna. The firm, in a presentation to the Nigerian National Petroleum Corporation (NNPC), Group Managing Director (GMD), Dr. Maikanti Baru and his team, said that its team of partners, including its consortium involving the Engineering, Procurement and Construction (EPC) partners, …

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14 bridges ready in Eko Atlantic City

The multibillion dollar Eko Atlantic City, being developed in Lagos State, has made significant progress in its infrastructural development with the completion of 14 bridges, its developer has said. The bridges, built to international standard, in phases one and two, extend to over five million square metres, representing half of the planned city. Work on the bridge started in December …

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