Capitalisation dips by N140b amid losses in Stanbic IBTC, Nestle, others

Nigerian Exchange Limited (NGX) Negative sentiments resurfaced on the equities sector of the Nigerian Exchange Limited (NGX) yesterday as market capitalisation depreciated by N140 billion amid losses in Stanbic IBTC, Nestle and 23 stocks. Specifically, at the close of transactions yesterday, market capitalisation of listed equities declined by 0.4 per cent to N36.864 trillion from […]

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Oba of Benin celebrates 7th coronation anniversary amid thunderous ovation

It was a colourful moment and double celebration for the Oba of Benin, Oba Ewuare II, as he concluded the 7th year anniversary on the throne of his forebears on Saturday in Benin. The royal event coincided with his birthday as every available space at the palace was filled to capacity by friends and well-wishers […]

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Army assures Nigerians of renewed vigour in combating insecurity

Chief of Army Staff, Lt.-Gen. Taoreed Lagbaja, has assured Nigerians of renewed vigour from the army formations in combating myriads of security challenges bedeviling parts of the country. The Army chief, who was the Reviewing Officer and Special Guest of Honour, disclosed this at the Passing out Parade of 85 Regular Recruit Intake at Depot […]

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EU to invest 5.4m euros to train teachers in Northwest

The European Union (EU) has announced the investment of an additional 5.4 million euros in building the capacity of teachers in the Northwest. The EU Commissioner for International Partnerships, Jutta Urpilainen, made this known at the official launch of the 4O million Euro intervention programme on education and youth empowerment in North Western Nigeria through […]

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Obasanjo advocates single digit interest rate for agric loans

Former Nigerian president Olusegun Obasanjo (Photo by Phill MAGAKOE / AFP) Former President Olusegun Obasanjo has urged the Federal government to reduce agriculture interest loan to single digit to help transform the agribusiness. He made the call on Friday in Abuja at the Launch of Youths in Agribusiness project with the theme, “Enabling Scaling of […]

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The debt of Nigerian Democracy (2)

By Tagbo T. Ufondu On the economic front, he hired economic internationalists and nationalists to find a cure for the huge debt at that time. His appointees delivered a clean slate with Western creditors of Europe and America. Also at the same time Obasanjo delivered a banking sector consolidation through the central bank, enabling deposits […]

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Benue bank robbery: Police kill 2 suspects, recover vehicles

The Police Command in Benue said it has killed two armed robbers suspected to be behind the robbery attacks on five banks in Otukpo Local Government Area (LGA) of the state. SP Sewuese Anene, Police Public Relations Officer (PPRO) of the command, disclosed this in a statement made available to the News Agency of Nigeria […]

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FG to cater for cancer survivors in new plan

The Federal Government says it has made plans in a new policy plans for cancer survivors to be catered to adequately. The Director-General, National Institute for Cancer Research and Treatment (NICRAT), Dr Usman Aliyu, disclosed this in an interview with the News Agency of Nigeria (NAN) on Saturday in Abuja. According to him, the plan […]

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