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Tayo Olanipekun The Presidency has said seeking international support and assistance in rebuilding and securing the North Eastern part of the country had been President Muhammadu Buhari’s concern right from the time of his electioneering campaign. Media aides, on Friday, in series of messages through the Presidency Twitter handle, said the President had also emphasised the need to focus attention …

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Nestle Plc on Thursday sustained its rising profile to lead the Nigerian Stock Exchange (NSE) gainers’ table, growing by N6.88 to close at N1,240 per share. Also at the end of tradings,  Stanbic IBTC came second with a gain of N1.14 to close at N41.19 while  Nigerian Breweries improved by N1.08 to close at N165.08 per share. City Business reports that, Forte …

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The Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo, on Thursday in Bonny flagged off the construction of the N120 billion Bonny-Bodo Road to be jointly funded by Nigeria LNG Limited (NLNG) and the Federal Government, through the Federal Ministry of Power, Works and Housing. Nigeria LNG is contributing the sum of N60 billion to the project.   At …

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Tayo Olanipekun U.S. Permanent Representative to the United Nations, Ambassador Nikki Haley, has said that his his country had so far committed $2.4bn in aids to combat famine in the North-Eastern Nigeria, Yemen,Somalia and South Sudan in 2017. The sum includes the over $575m that the U.S recently announced at the opening of the U.N.General Assembly as aid to the population affected by …

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Ikeja Electricity Distribution Company and Mojec International Limited, an indigenous meter manufacturing firm on Wednesday signed a N570 million Memorandum of Understanding (MoU) for the supply of 2,000 distribution transformer meters. Speaking at the signing ceremony in Lagos, chief executive officer, Ikeja Electric, Mr Anthony Youdeowei, said the N570 million MoU further demonstrated the company’s long term commitment to invest …

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A House of Representatives panel has queried the Central Bank of Nigeria (CBN) and some commercial banks for allegedly charging extra amount out of the approved N50 stamp duty collected on behalf of the government. The committee on telecommunications chaired by Rep Saheed Akinade-Fijabi (APC, Oyo), said from the available records presented by some of the commercial banks, it appeared …

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In what market operators has since described as a plus to the stock market, the Board of Central Security Clearing System (CSCS) has appointed Mr. Haruna Jalo Waziri as the substantive Chief Executive Officer of the Clearing House. Waziri will be taking over from Mr. Bola Adeeko who as acting Chief Executive Officer have been piloting the affairs of the …

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Tayo Olanipekun Nigerian government investments in both agriculture and climate change adaptation are less in comparison to the promises made and the country must make small holder farmers the focus of its economic transformation to be able to overturn malnutrition and move  toward food security, Oxfam has said. The international nongovernmental organisation also said public funding is usually skewed toward …

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Photo Caption: Mr Mounir Gwarzo, Director General (DG), Securities and Exchange Commission (SEC) and  Mr. Abimbola Ogunbanjo, President, The Nigerian Stock Exchange (NSE), during a courtesy visit to the DG, SEC in Abuja on Wednesday. Advertisement

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Union Bank Plc has said that its capital raising of N50 billion through Right Issue is geared towards expanding the bank’s operation through technology, optimizing its area of strength in Agriculture as well as creating further millage on its outstanding products for the younger segment of the society. Addressing the Capital Market stakeholders on the Lagos floor of the Nigerian …

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