Economy
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Alake expresses FG’s commitment to curb illegal mining
The Federal Government on Thursday expressed commitment to eliminate illegal mining and empower 30 master jeweller trainees to create job opportunities. The Minister of Solid Minerals Development, Mr Dele Alake, said this in Abuja during the graduation and presentation of starter packs to graduands of the third batch of jewelry-making training. The programme was organised by the ministry, in conjunction…
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G20: Tinubu leads Nigerian business leaders to India to drive investments
Nigeria’s President Bola Tinubu will lead a delegate of influential business people to the G20 summit in India next week in attempts to promote foreign investment in Africa’s largest economy and mobilize global capital to develop infrastructure, his spokesman said in a briefing. “The focus of the summit will be heavily predicated on the urgent need to attract foreign direct…
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Tinubu appoints 32-year-old entrepreneur Khalil Halilu NASENI CEO
President Bola Tinubu on Friday approved the appointment of Khalil Suleiman Halilu as the new Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI). This was contained in a statement by the Special Adviser to the President on Media and Publicity, Ajuri Ngalale on Friday. The statement said the 32-year-old Halilu’s appointment…
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FG set to optimise FAAN’s revenue-generating capacity, says Keyamo
Minister of Aviation and Aerospace Development Festus Keyamo says the Federal Government will optimise the generating capacity of airports across the country. During a site visit to the Murtala Muhammed International Airport, Lagos, Keyamo revealed that 60 per cent of FAAN’s revenue comes from Lagos, and as such, the new terminal should be exploited to its full potential. He added…
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Power grid maintains uninterrupted stability for over 400 consecutive days – TCN
The Transmission Company of Nigeria (TCN) has announced that the Nigerian power grid recorded an unparalleled period of stability in the history of the power sector in the country. In a statement issued by the General Manager Public Affairs, Ndidi Mbah, on Tuesday, the Nigeria power sector experienced a major milestone without any major disruptions or systems collapse for an…
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Akubuiro, Gomba, Ojomu shortlisted for 2023 Nigeria Prize for Literature
The Advisory Board for The Nigeria Prize for Literature has announced the finalists for the 2023 edition of the Prize. The shortlisted plays in alphabetical order of their titles are: Grit by Obari Gomba The Ojuelegba Crossroads by Abideen Abolaji Ojomu Yamtarawala – The Warrior King by Henry Akubuiro The Nigeria Prize for Literature is sponsored by Nigeria LNG Limited…
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Nigeria will no longer borrow to fund projects – Wale Edun
The Minister of Finance, Wale Edun, says the Federal Government will no longer borrow from any local or foreign organisation while sticking to the recent directive on the removal of subsidy on petrol and unification of the exchange rate. Edun said this while fielding questions from journalists at the State House, Abuja on Monday He also revealed that President Bola…
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Culture minister outlines 8-point plan to transform Nigeria’s creative industry
The Minister of Art, Culture, and the Creative Economy, Hannatu Musawa, has unveiled an eight-point strategy intended to firmly establish Nigeria as the global centre of culture and entertainment. “With our greatest resource, the Nigerian People, at the forefront, we are championing a creative, cultural, and economic renaissance,” said Ms Musawa in a statement shared to reporters on Monday. “Our…
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NCC launches 27 emergency toll-free centres nationwide
The Nigerian Communications Commission (NCC) has launched it’s Emergency Communications Centres (ECC), which is fully operational in 27 centres across the country. NCC’s Director, Public Affairs, Reuben Muoka, said this in a statement. He said the ECCs are reachable on toll-free Number 112, and are operating in similar design like the 911 Emergency Numbers in some developed parts of the…
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FG promises Port Harcourt refinery to be operational by December
The Federal Government has reiterated its commitment to ending petroleum product importation soon, as efforts are being redoubled to restore the nation’s local refining capacity. Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said this during an inspection tour of the rehabilitation work progress at the Port Harcourt Refining Company (PHRC) Ltd. plant, in Port Harcourt on Friday.…
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