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Economy
Nigeria witnessed revenue growth after subsidy removal – Edun
The Minister of Finance, Mr Wale Edun, says that the Federation Account is witnessing improved revenue inflow since the removal of subsidy from an average of N650 million monthly to over N1 trillion in the last four months. The minister stated this on Monday in Asaba at the opening ceremony of a four-day retreat organised for members of the Federation…
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Global News
Afreximbank’s President Oramah wins Zik Prize in Leadership
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, was yesterday in Lagos awarded the 2021/22 Zik Prize in Professional Leadership by the Public Policy Research and Analysis Centre (PPRAC).In a citation, Prof. Pat Utomi, Head of the PPRAC Zik Prize Selection Committee, said that Prof. Oramah is being recognised for his remarkable piloting of Africa’s premier multilateral…
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Economy
Ekiti to contribute immensely to mining sector development – Alake
Minister of Solid Minerals Development, Dele Alake, has stated Ekiti State will contribute significantly to the Federal Government’s quest to make solid minerals, a major revenue earner for the nation. Alake said this when he played host to Ekiti State Governor, Biodun Oyebanji, in his office. The minister cited the preponderance of natural resources, including solid minerals in Ekiti State.…
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Homeland News
Lagos open for new investments, ready for business, says Sanwo-Olu
Lagos State Governor, Mr. Babajide Sanwo-Olu, on Monday reiterated his administration’s commitment to investments from local and international companies, saying Lagos is ready for business and open to new investments. The Governor spoke during a courtesy visit by the management of the Daewoo Engineering and Construction Nigeria Limited, led by its Group Chairman, Mr. Jung Won Ju, at the Lagos…
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Homeland News
Alleged job racketeering: FG suspends OAU Teaching Hospital director, CMD absconds
The Federal Government says it has suspended Mr Balogun Tajudeen, the Acting Director, Admin, Obafemi Awolowo University Teaching Hospital, Ile-Ife, Osun state over his involvement in a job racketeering saga in the institution. The Director of Information, Federal Ministry of Health and Social Welfare, Ms Patricia Deworitshe, disclosed this in a statement on Sunday in Abuja. According to her, the former Chief…
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Economy
Tanker drivers begin nationwide protest, threaten to exit NUPENG
The Petroleum Tanker Drivers (PTD) have threatened to exit its umbrella body, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), if its President Williams Akporeha and General-Secretary, Afoloabi Olawale, did not resign. Mr Gbenga Olawale, an Ex-Officio of the PTD from Ibadan depot, said in a statement on Sunday that their members would begin a nationwide protest to…
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Global News
Argentine libertarian Milei pledges new political era after election win
Argentina elected right-wing libertarian Javier Milei as its new president on Sunday, rolling the dice on an outsider with radical views to fix an economy battered by triple-digit inflation, a looming recession and rising poverty. Milei, who rode a wave of voter anger with the political mainstream, won by a wider-than-expected margin. He landed some 56% of the vote versus…
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Economy
Excellent quality of service non-negotiable in telecom industry – Maida
The Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida has said that quality of service in the telecommunications sector is non-negotiable as he called for industry collaboration to make this a reality. Maida, who spoke in Lagos at an interactive session with chief executive officers in the industry on Thursday, assured of collaborations within…
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Global News
Rosalynn Carter, mental health activist, humanitarian and former first lady, dies at 96
Rosalynn Carter, who as first lady worked tirelessly on behalf of mental health reform and professionalized the role of the president’s spouse, died Sunday at the age of 96, according to The Carter Center. Rosalynn Carter passed away peacefully with family by her side at her home in Plains, Georgia, the center said in a statement. “Rosalynn was my equal…
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News from States
Former Chief of Army Staff Maj-Gen Chris Ali, dies at 79
A former Chief of Army Staff, Maj-Gen Chris Ali, has passed away at the age of 79. He died from an unknown illness Sunday morning at a military hospital in Lagos. The deceased army general had served as the governor of Plateau State twice in his career. His first stint as the military governor of the state was from August…
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