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The International Monetary Fund (IMF) says Nigerians are getting poorer and that “coherent and comprehensive” economic reforms are urgently needed in the country. The gross domestic product report released by the National Bureau of Statistics (NBS) on Tuesday showed that the economy recorded a growth of 0.83 percent in 2017. The Bretton Wood institution said it expects the government to …

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For the Month of February, 2018, the Nigeria Customs Service (NCS), Federal Operations Unit, Ikeja, intercepted various contraband with a duty paid value (DPV) of N1.bIllion.  Speaking at an interactive session with Journalists on Wednesday,  the Controller of the Unit, Mohammed Uba,  identified the seized items as 18 vehicles, 4,201 bags of foreign parboiled rice, 2,619 cartons of frozen poultry products, …

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By Amos Okioma Bayelsa State Governor, Henry Seriake Dickson says, the Government would soon unfold plans to eradicate maternal and infant mortality in the state. According to a press statement by the Chief Press Secretary to the Governor, Mr. Francis Ottah Agbo, the Governor, who stated, while making his remarks during the February, 2018 edition of the State’s monthly Praise …

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By Amos Okioma, Yenagoa. The first Nigerian Maritime University, Okerenkoko, Delta  State is to begin academic activities with  the take- off of degree program for the 2017/2018 session approved by the National University Commission  ( NUC ). A statement signed by the Registrar N. E . L Anho urged prospective interested candidates who sat for the 2017/2018 University Tertiary Matriculation …

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Ecobank has entered into a strategic partnership with Facebook and Mastercard to deliver seamless, digital payments to small businesses via the Facebook Messenger platform. With this development, micro-merchants will be able to receive instant payments using the QR technology. This Messenger experience will launch in Nigeria, where Mastercard will pilot a new Masterpass QR bot to help business owners move beyond …

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President Muhammadu Buhari has re-appointed Mr. Olusegun Awolowo as the Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council for another four-year term. The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, disclosed this in a statement on Wednesday. Adesina said the Secretary to the Government of the Federation, Mr. Boss Mustapha, has since written …

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Customer Passion Point Limited, trade marketing, training solutions and value creation consultancy firm has announced the appointment of Chinwe Kalu as its new Managing Director / Chief Executive Officer. Chinwe Kalu, a seasoned Trainer, Sales and Marketing Professional is taking over the helms of affair at the company following the exit of the pioneer Managing Director, Ikechukwu Kalu. Chinwe Kalu’s …

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Tayo Olanipekun A total of 261,938 Nigerians got their houses and businesses connected to electricity supply for the first time in the last four years through the U.S government-backed Renewable Energy and Energy Efficiency Project (REEEP), benefiting from the 2.51 megawatts of power provided by the program. The access to “clean and reliable energy” thus enabled involved 16,600 connections and …

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By Amos Okioma,Yenagoa. The Federal government of Nigeria and International Oil Companies operating in the Niger Delta Region have been called upon to urgently address the glaring neglect and underdevelopment as the only panacea in the region.This was contained in a press release by Wanama Onya and made available to Authority in Yenagoa. According to the statement, the Bayelsa state …

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The Minister of Finance, Mrs. Kemi Adeosun, on Monday met with a delegation from the China Development Bank to discuss areas where the lender could be of assistance to the country. The meeting, which was held at the headquarters of the finance ministry, was attended by the Permanent Secretary at the ministry, Mahmoud Dutse, and top officials of the China …

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