Kebbi Votes N650m For 2020 Argungu Fishing Festival

Kebbi Votes N650m For 2020 Argungu Fishing Festival

The Kebbi Government is to spend N650 million for the 2020 Argungu International Fishing and Cultural Festival scheduled to hold early March.The Commissioner of Works, Alhaji Abubakar Chika-Ladan, made this known shortly after the State Executive Council meeting in Birnin...
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NSE Market Capitalisation Drops Further By N9b

NSE Market Capitalisation Drops Further By N9b

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday depreciated further by N9 billion, amid profit taking.Specifically, the market capitalisation, which opened at N14.347 trillion lost N9 billion to close at N14.338 trillion.Also, the A...
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Nigeria Set For Online Ship Registration

Nigeria Set For Online Ship Registration

As part of measures to have a world-class Ship Registry and enhance the Ease of Doing Business in the maritime sector, the Nigerian Maritime Administration and Safety Agency (NIMASA) has concluded plans to set up an automated ship registration process...
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Panel Probes FAAN, NAMA

Panel Probes FAAN, NAMA

The House of Representatives has directed its Committee on Aviation to investigate non-installation of Instrument Landing System (ILS) and other supporting equipment at  airports across the country.The decision followed a motion of Urgent Public Importanc...
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Market Capitalisation Drops Further By N12b

Market Capitalisation Drops Further By N12b

The bears continued to dominate the domestic equities market on Tuesday, as the Nigerian Stock Exchange (NSE)’s All-Share Index dropped further by 0.08 per cent.The News Agency of Nigeria (NAN) reports that the index lost 23.38 points or 0.08 per...
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CBN Seeks Land For Nestle, WAMCO, L&Z To Build Dairy Factories In FCT

CBN Seeks Land For Nestle, WAMCO, L&Z To Build Dairy Factories In FCT

The Central Bank of Nigeria (CBN) has appealed to Federal Capital Territory Administration to allocate land to some companies to build dairy factories, in furtherance of its policy to develop the nation’s economy.The CBN Governor, Mr Godwin Emefiele, made th...
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3,000 Undergraduates Benefit From Fidelity Youth Empowerment Programme

3,000 Undergraduates Benefit From Fidelity Youth Empowerment Programme

Fidelity Bank Plc, has trained over 3,000 undergraduates from various tertiary institution on skills acquisition through its youth empowerment programme.Nnamdi Okonkwo, the bank’s CEO made this disclosure during the closing ceremony of the Fidelity Youth Emp...
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NSE Records N96b loss

NSE Records N96b loss

Transactions on the floor of Nigeria Stock Exchange (NSE) opened the week on Monday still on a negative mood as sell-off in high capitalised stocks dragged the All-Share Index (ASI) further down by 0.67 per cent.Specifically, the All-Share Index dipped...
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Rice Farmers In Kano Seek More Earth Dams

Rice Farmers In Kano Seek More Earth Dams

The Rice Farmers Association of Nigeria (RIFAN) Kano State chapter, has called on Governor  Abdullahi Ganduje to construct more earth dams to boost irrigation activities across the 44 Local Government Areas of the state.The Secretary, Alhaji Ado Hassan, m...
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Oyo To Revoke Four Road Contracts

Oyo To Revoke Four Road Contracts

The Oyo State Government is to terminate four road contracts for failing to meet up with the performance specifications and schedule.Prof. Raphael Afonja, the State Commissioner for Public Works and Transports, made this known in Ibadan on Monday.The News Agen...
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FRSC Flags Off Special Intervention Patrol

FRSC Flags Off Special Intervention Patrol

The Federal Road Safety Corps (FRSC) on Monday flagged off a Special Intervention Patrol (SIP) for the Jebba-Bode Saadu-Olooru road axis in Kwara.The News Agency  of Nigeria (NAN) reports that the SIP programme is part of the activities of Kwara...
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Kia Reveals Next-Generation Sorento

Kia Reveals Next-Generation Sorento

Ahead of its first public appearance at the 2020 Geneva International Motor Show, Kia Motors Corporation on Monday revealed the first official images of the new Kia Sorento  .The concept of ‘refined boldness’ inspired Kia’s designers, who sought to ...
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NNPC, Shell, Total, Others Disburse $360m For Ogoni Clean-Up

NNPC, Shell, Total, Others Disburse $360m For Ogoni Clean-Up

The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture Partners of Shell Petroleum Development Company (SPDC), Total Exploration and Production of Nigeria (TEPNG) and Nigerian Agip Oil Company (NAOC), have disbursed $360million towards the Og...
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APM Terminals Seeks Construction Permit

APM Terminals Seeks Construction Permit

APM Terminals Poti, part of Dutch terminal operator APM Terminals, has re-initiated the process of obtaining the necessary permits to build a new deep-water multipurpose port in Poti.On February 11, 2020, APM Terminals submitted an application to the Technical...
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