2023 presidency: Why South East should wait till 2027 – Atiku campaign committee

Group tells Buhari to support Igbo presidency The South-East should wait for another five years till 2027 to produce the president of Nigeria. Chairman of the Atiku Abubakar Campaign Technical Committee, Raymond Dokpesi, who stated this yesterday, said that waiting till 2027 would afford the North the opportunity to complete former President Umaru Musa Y’Ardua’s […]

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Ashimolowo names son KICC Resident Pastor, says ‘they are retiring me’

The founder of Kingsway International Christian Centre (KICC) Pastor Matthew Ashimolowo has appointed his first son, Tobi Ashimolowo, as Resident Pastor 2 of the church in London. He is expected to assist his mother, Yemisi Ashimolowo, who is the Resident Pastor 1. Tobi is the Founder and Chief Executive Officer of the Vault, a high-end […]

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NLC suspends Jan 27, Feb 2 nationwide protest over subsidy

The Nigeria Labour Congress (NLC) has suspended its nationwide protest for Thursday and February 2. It said it took the decision at its National Executive Council meeting on Tuesday morning. The Congress said the decision to suspend the protest was based on suspension of the proposal to stop subsidy on petrol by the Federal Government. […]

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FG to pay N4.6tr on fuel subsidy, sets aside PIA

Minister of Finance, Budget and National Planning, Zainab Ahmed (left) and Minister of State for Petroleum Resources, Timipre Sylva during a meeting with National Assembly leadership in Abuja…yesterday Seeks amendment of 2022 budget NLC: No going back on January 27 nationwide protests Join Labour rallies, Falana urges Nigerians Lawan begs Labour to shelve Thursday protest, […]

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Doubts over political will to remove fuel subsidy as election nears

Except Dangote Refinery becomes operational next year to reduce marginal costs associated with petroleum importation, the Centre for the Promotion of Private Enterprise (CPPE) has expressed reservations about government’s political will to remove fuel subsidies. Although the CPPE stated that the outlook for the Nigerian economy in 2022 is largely positive, it noted that Gross […]

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Dangote refinery to start production with 540,000 bpd

Wife of the President, African Development Bank (ADB), Yemisi Adesina (left); President/Chief Executive, Dangote Industries Limited, Aliko Dangote; President, African Development Bank, Dr. Akinwunmi Adesina and Chairman, Geregu Power Plc, Femi Otedola display fertiliser during the ADB president’s familiarisation visit to the Dangote Oil Refinery Projects, in Lekki, Lagos… at the weekend. • Project will […]

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Missing woman found dead, body mutilated, buried in Lagos

Suspect to be paraded today- Police The body of 35-year-old missing mother of two, Mercy Henry, has been found mutilated and buried in different sacks behind a building belonging to the prime suspect, Mayowa Timothy Bamidele. It was last week Monday, January 17, 2022 reported that Mercy had told her family she was going to […]

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CBN releases e-invoicing guidelines for import, exports

The Central Bank of Nigeria (CBN) has released guidelines for the newly-introduced electronic invoicing (e-invoicing) and evaluator for exporters and importers, saying the process commences on February 1, 2022. The new regulation, it stated, is aimed at determining the accurate value for goods leaving the country or otherwise. The migration was announced in August, last […]

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Economists, stock market wait on monetary tools as MPC meets

• Set up price control mechanism, Owoh advises • Monetary tools are handicapped, address supply rigidity, says don • Nation’s economy, institutions in free fall, ex-FSB boss laments • Stock market performance hinged on MPC outcome All eyes will be on the Monetary Policy Committee (MPC) today, as it commences what many have described as […]

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