Zamfara: Buhari orders troops to be ruthless with bandits

– Spare no cattle rustler, armed robber or any bad element who thinks he is above the law, President adds – says Nigeria must be secured President Muhammadu Buhari has challenged military personnel deployed to Katsina State, saddled with the task of fighting bandits in Zamfara, to be `as ruthless as humanly possible’ in carrying […]

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Dangote Cement, GTB, others lead stock market’s N198b gain

• Investors enjoined to trade cautiously in near term Following price gains recorded by major highly capitalised stocks, especially Dangote Cement, and Guaranty Trust Bank (GTB), transactions on the equity sector of the Nigerian Stock Exchange (NSE), reopened in an upbeat after the two days holiday to mark the Eid-el Kabir celebration yesterday.Market capitalisation rose […]

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Dangote lifts NSE to black territory

Trading activities on the Nigerian Stock Exchange (NSE) sustained a postive growth on Friday, with Dangote Cement leading the gainers’ table for the second consecutive day. The crucial market indices appreciated further with 0.63 per cent growth, following gains by some blue chips. Specifically, the market capitalisation inched N81 billion or 0.63 per cent to […]

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Lagos commuters groan in gridlock caused by Third Mainland Bridge closure

Road closed on Lagos Third Mainland Bridge. Elsewhere in the city commuters groan over gridlock, higher bus fares. The Federal Controller, Works, Lagos, Mr Adedamola Kuti on Friday said that tests on 15 expansion joints on the Third Mainland Bridge have been completed. The 11.8km bridge was closed to traffic on August 24 for investigate […]

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FAAN rewards 2 honest security guards who returned bag with dollars to owner

Two honest security guards at the Murtala Muhammed International Airport (MMIA), Ikeja, who had earned the commendations of President Muhammadu Buhari and many Nigerians, were on Thursday rewarded with N250,000 each. The guards, Mr Achi Daniel and Mr Francis Emepueaku of Halogen Securities, had returned a bag full of dollars and jewellery, which belonged to […]

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Akeredolu distributes medicals to 18 LGAs health centres

Determined to strengthen and improve health facilities and well-being of citizens of Ondo State, the Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has distributed a multi-million naira lifesaving medical and laboratory equipment to Primary Health Centres across Council Areas in the state. According to a statement by a press officer to the Governor, Mr Bode Akinwumi, the […]

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CBN issues new guidelines, pegs loans for manufacturing, agric, other sectors at 9% interest rate

Agricultural, manufacturing and the sectors considered as growth and employment stimulating, can now borrow long term as much as N10 billion at consolidated nine per cent interest rate under new guidelines issued by the Central Bank of Nigeria. The new credit policy called Guidelines for Accessing Real Sector Support Facility (RSSF) through CRR and Corporate […]

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Akure court sentences seven to death for killing American-based Nigerian

An Akure High Court has sentenced seven armed robbers to death by hanging for killing an American-based man, Banji Adafin. They were found guilty of armed robbery, conspiracy to commit murder and illegal possession of firearms. The Seven convicted robbers are: Jimoh Sodiq a.k.a Akamo, Blessing Ogunlade, Yomi Balogun a.k.a Regal, Oluwaseun Oluwalola a.k.a Iyan, […]

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