NNPC says it begged people to buy Nigerian oil at $9 per barrel

The precarious low into which Nigeria’s economy has sunk was disclosed on Friday as the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, said that the country begged buyers to buy her crude oil at $9 per barrel in April. Oil is the mainstay of Nigeria;s economy; and the global […]

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Capital market operators oppose FG’s proposed unclaimed dividend fund

Finance minister, Zainab Ahmed The proposed plan by the Federal Government to manage unclaimed dividends, projected to hit N200 billion by the end of this year, has drawn the ire of capital market operators on the adverse effects on investor confidence and future growth of the market. In the 2020 Finance Bill, there is a […]

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Recession: Experts ask FG to cut governance cost, aid production, diversify

Govt policy emphasises revenue sharing, not production, Utomi, others tell government Third recession imminent unless FG diversifies economy, says Abuja chamber of commerce Swallow your pride, seek help, Atiku urges President Tax luxury goods – Ex-NERC boss Economic experts and  interest groups in Nigeria’s economy on Sunday advised the Federal Government to reduce the cost […]

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Gbajabiamila creates trust fund for slain newspaper vendor

Speaker, House of Representatives, Femi Gbajabiamila signing the condolence register of the slain newspaper vendor, Ifeanyi Elechi, at Area 1 Vendor Stand in Abuja…yesterday   Colleagues want him immortalised Seek prosecution of killer security aide Reps to honour deceased tomorrow Speaker of the House of Representatives, Femi Gbajabiamila, has announced the creation of a trust […]

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#EndSARS-Watch: FG’s attack on CNN and Journalism

By Martins Oloja Before the (constituted) authorities in Abuja release their curious strategy for ‘sanctioning’ the Cable News Network (CNN) as they have promised for the network’s investigative report on the conundrum surrounding the October 20-10-2020 alleged military attack on #EndSARS protesters at the lucrative Lekki tollgate, let’s deconstruct not just some of the facts […]

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Fedpoly Ile Oluji admission into Continuing Education and Skill Acquisition Centre (CESAC) progresses

Sale of forms for admission into the Continuing Education and Skill Acquisition Centre (CESAC) of the Federal Polytechnic, Ile-Oluji, Ondo State, is still in progress. This was contained in an announcement today by the institution’s Registrar, Mr Ademola A. Bobola. It said: “This is to inform the general public and admission seekers that the sale […]

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DSS probes shooting of vendor by personnel

Gbajabiamila hands over suspect, pledges justice, support for family of deceased Abuja vendors protest killing of colleague The Department of State Services (DSS) said on Friday it had commenced investigation into the alleged shooting of a newspaper vendor by its personnel in Abuja on Thursday. Public Relations Officer of the Service, National Headquarters, Abuja, Dr. […]

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Lekki shootings: CNN replies FG, says: ‘We stand by our report’

By Banji Ayoola American international Cable News Network, CNN, today fired back at the Federal Government over its displeasure with its report on the Lekki toll gate shootings which ended the recent #EndSARS protests, saying it stood by its story despite threat of sanction. It maintained that its report on the alleged shooting of #EndSARS […]

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