Category: News

Senate Seeks Suspension Of New Tariff On Alcohol
November 28, 2018 No Responses

Senate Seeks Suspension Of New Tariff On Alcohol

Nigerian Senate on Tuesday urged the Federal Government to put on hold the implementation of the excise tariff increment on alcoholic beverages and tobacco products.   The upper chamber said the suspension should be in force until all stakeholders  have...
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Report: Women Still Earning 20 Per Cent Less Than Men
November 27, 2018 No Responses

Report: Women Still Earning 20 Per Cent Less Than Men

Global wage growth in 2017 fell to its lowest rate since 2008, far below levels before the global financial crisis, according to a new International Labour Organization (ILO) report.  The Global Wage Report 2018/19  finds that in real terms (adjusted...
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Commission Approves Sale of HSH Nordbank
November 27, 2018 No Responses

Commission Approves Sale of HSH Nordbank

The European Commission has approved the sale of HSH Nordbank by the German Länder of Hamburg and Schleswig-Holstein to private investors. The approval was granted after the Commission found the sale was carried out through an open, competitive and non-discri...
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Presco Emerges 2018 Agric Firm As MD Bags CEO Of The Year Award
November 26, 2018 No Responses

Presco Emerges 2018 Agric Firm As MD Bags CEO Of The Year Award

A key player in the agriculture sector of the Nigerian Stock Exchange (NSE), Presco Plc, has emerged winner of the Agriculture Company of the year 2018.   At a colourful ceremony held at Eko Hotels in Lagos on Sunday, the...
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Construction Of Warri-Itakpe Rail Corridor To Generate 1,000 Jobs
November 25, 2018 No Responses

Construction Of Warri-Itakpe Rail Corridor To Generate 1,000 Jobs

The Federal Government is to employ over 1000 workers for the construction of  Warri-Itakpe standard gauge rail corridor, Managing Director, Nigerian Railway Corporation (NRC) Mr.Fidet Okhiria has said.   Okhiria said: “It’s about 320km, about 12 station...
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Inter-Ministerial Committee On Cheaper Medicines Underway In Nigeria
November 24, 2018 No Responses

Inter-Ministerial Committee On Cheaper Medicines Underway In Nigeria

President Muhammadu Buhari has directed the setting up of an inter-ministerial committee to fashion out how medicines and livestock drugs can be made available to the Nigerian public at a fraction of the prevailing prices. Receiving the executive board members...
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Aisha Buhari To Mothers: Break Culture Of Silence
November 24, 2018 No Responses

Aisha Buhari To Mothers: Break Culture Of Silence

Wife of the President has decried the increasing rate of Gender-Based Violence (GBV) especially those against young women, calling on mothers to break the culture of silence and report cases of abuse against their children. She was speaking during an...
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Obasanjo To Chair Zero Hunger Meeting
November 22, 2018 No Responses

Obasanjo To Chair Zero Hunger Meeting

Nigeria’s former President, Chief Olusegun Obasanjo will on Thursday chair activities of the Nigeria Zero Hunger Forum’s meeting in Sokoto State.  The two-day meeting in Sokoto, which commenced on Wednesday, will afford participating states in Nigeria the...
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Nigeria Allots N39.52b In November Bonds Auction
November 22, 2018 No Responses

Nigeria Allots N39.52b In November Bonds Auction

The Federal Government of Nigeria, on Wednesday, allotted N39.52 billion worth of bonds in its November auction, refusing to accept higher rates from subscribers.  According to the Debt Management Office (DMO), three bonds in tenors of five, seven and 10...
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12 Finalists Selected In UBA Foundation National Essay Competition
November 22, 2018 No Responses

12 Finalists Selected In UBA Foundation National Essay Competition

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the twelve finalists for the 2018 edition of its annual National Essay Competition. The 12 finalists will sit for the second round of...
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Buhari:12m Nigerians Venture Into Farming In Two Years
November 22, 2018 No Responses

Buhari:12m Nigerians Venture Into Farming In Two Years

The agriculture sector has significantly reduce the rate of unemployment in the country as over 12 million Nigerians have ventured into rice production in the last two years. President Muhammadu Buhari disclosed this at the 4th Nigeria Rice Investment Forum,.....
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Nigeria To Raise Funds From Capital Market To Fund Universities
November 18, 2018 No Responses

Nigeria To Raise Funds From Capital Market To Fund Universities

The Government lacks the financial capacity to fund Nigerian Universities, President Muhammadu Buhari has said.  Speaking at the convocation of the University of Ibadan which coincided with the institution’s 70th anniversary on Saturday, Buhari explained th...
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N30,000 Minimum Wage: Fayemi Canvasses Review Of Revenue Allocation Formula
November 18, 2018 No Responses

N30,000 Minimum Wage: Fayemi Canvasses Review Of Revenue Allocation Formula

Ekiti State Governor, Dr Kayode Fayemi has stressed the need for the Federal Government to address the current revenue allocation formula to enable state governments pay the new minimum wage being requested by workers. Dr Fayemi stated this when he...
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Sudan Delegation At IITA, Seeks Collaboration On Cassava Transformation
November 16, 2018 No Responses

Sudan Delegation At IITA, Seeks Collaboration On Cassava Transformation

The Director General of the International Institute of Tropical Agriculture (IITA), Dr Nteranya Sanginga explained on Thursday that a collaboration between IITA and Sudan will put smiles on the faces of farmers in the northern African country. This was contain...
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