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Category: business news
Nigeria gets World Bank $750 million electricity boost
An International Development Association World Bank credit for Nigeria’s Power Sector Recovery Operation totaling $750 million has been granted Nigeria to boost its power sector. In a statement known on…
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Amid COVID 19 hardship, Nigeria braces for fresh petrol squeeze
As economies world over are grappling with the hardship brought about by the shut down due to the corona virus pandemic, the woes of Nigerians might soon be compounded if…
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No open skies on June 21st – FG
The Federal Government has said the proposed opening of the skies and resumption of Aviation travel scheduled for June 21st is no longer feasible. It would be recalled that the…
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President Buhari Appoints New GMD of NNPC, Baru Kicked Out
NNPC President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). The appointment takes effect 8 July. He…
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Lawmaker Weeps Profusely After She Was Beaten Up By Her Colleague In Parliament (Photo)
Kenyan Female MP, Fatuma Gedi crying after being beaten up by colleague A member of the Kenyan Parliament representing Wajir East, Rashid Kassim has been arrested hours after allegedly…
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Lagos Modernization Bid and the Sad Tales of Lost Communities
Right from the colonial era where Lagos was known as the slave trade center to the time when it was a capital for Nigeria, and to its current state, Lagos…
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Nigeria holds key to West-African single currency
The United Nations Economic Commission for Africa (ECA) have said that the economic performance of Nigeria was crucial in realising the dream for a single currency in the West African…
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Fresh threat in the Niger Delta: Buhari advised to act fast
Following the renewed threat by the Niger Delta Avengers President Muhammadu Buhari has been advised to act fast and calm the nerves by releasing the N2 billion approved fund for…
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40 years on: The magic of Nigeria’s Mambila Hydro plant
After more than 40 years on the drawing boards, Nigeria is set to make a quantum push into generating as much energy as its citizens require – at least a…
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Economic Diversification In View Of Dwindling Oil Prices
It is true that crude oil has contributed substantially to Nigeria’s economy, developing its financial outlook and partially improving the standard of living of its citizens. The nation has been…
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