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The National Bureau of Statistics (NBS), on Tuesday, in a release of the full year 2017 Gross Domestic Product growth rate for the country, says the country’s economy growing by 0.82 per cent in 2017. The 0.82 per cent growth in GDP is an improvement over the contraction of -1.58 per cent which the economy recorded in 2016 during the …

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FSDH Research expects a growth in the banking sector credit to the private sector in 2018. The improvement in the macroeconomic and business environment; improved consumers’ confidence; and the drop in the yields on the Nigerian Treasury Bills (NTBs) are the main drivers of the expected credit growth. The provisional figure that the National Bureau of Statistics (NBS) released for …

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By Amos Okioma,Yenagoa The Environmental Rights Action/Friends of the Earth, Nigeria (ERA/FoEN) has urged energy firms operating in the Niger Delta region to intensify research efforts into renewable and non-fossil fuels. Mr Alagoa Morris, Head of Field Operations at ERA/FoEN, a Non-Governmental Organisation, made the call in an interview  in Yenagoa. Morris said there was the need to diversify the …

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Photo Caption: From Left; Mr Fubara Anga, Chairperson, Investors’ Protection Fund (IPF); Mr Edosa Aigbekaen, retired trustee of the IPF Board; Chief Adesola Abodunrin, retired trustee of the IPF Board; Mr Oscar Onyema, retired trustee of the IPF Board and CEO, The Nigerian Stock Exchange (NSE); Mrs Misan Kofi – Senaya FMCR, retired trustee of the IPF Board; Alhaji Umaru …

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Lagos State has begun the distribution of the 2018 Land Use Charge demand notices for properties across the state.   The distribution which commenced last week ought to have been carried out much earlier in the year, but was delayed by a review of the Land Use Charge Act by the State House of Assembly.   The review process entailed …

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Executive Governor of Kaduna State, Mallam Nasir el-Rufai and the Honourable Minister of Finance, Mrs. Kemi Adeosun, will on Thursday, March 1, 2018 meet with business leaders, business owners and tax payers in Kaduna over the Voluntary Assets and Income Declaration Scheme (VAIDS). The Kaduna State Government is hosting the VAIDS Stakeholders’ Symposium, which is expected to have in attendance …

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In just two years of implementation of the Anchor Borrowers Programme by the Central Bank of Nigeria (CBN), the initiative has contributed to the creation of about 890,000 direct jobs and 2.6 million indirect ones, with the disbursement of N55.53 billion. Besides, the orogramme, which is in partnership with state governments and several private sector groups, aided the disbursements to over 250,000 farmers, who cultivated almost 300,000 hectares of farmland …

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Standards Organisation of Nigeria (SON) Director General Osita Aboloma has described the SON Act as “a revolutionary document”, which has assisted the organisation in delivering on its mandate of sanitising the country of unwholesome products. Aboloma stated this at a stakeholders’ sensitisation workshop on SON Act 2015 in Yola, the Adamawa State capital. According to him, within the last few …

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The managing director of Ashaka Lafarge Africa Plc Mr Rabiu Umar has assured farmers in Gombe state of a sustainable all year round agricultural business practices. He disclosed this while speaking with journalist that was on tour of Ashaka cement plant and the company’s coal mine in Maiganga, Akko, local government area, Gombe state. He explained that Lafarge is partnering …

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By Amos Okioma , Yenagoa. The Government of Bayelsa state has unveiled one – stop – shop investment online platform to attract fresh investments. The Portal is powered by the Bayelsa state Investment Promotion Agency ( BIPA ) would assist the state government to attract fresh investments in key areas of the economy such as oil/ gas,power generation,Agro – allied …

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