Economy
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President Buhari lauds BOI for creating 9 million jobs
President Muhammadu Buhari Thursday in Abuja lauded the Bank of Industry (BOI) for creating over 9million jobs in the last seven years as well as disbursing over N1.24 trillion to 4.2 million beneficiaries in Micro, Small, Medium and Large enterprises. Speaking at the commissioning of the Second Tower of BOI building, President Buhari said that the Bank has continued to…
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NCC uncovers cyber threats to Windows platforms, routers
The Computer Security Incidents Response Team (CSIRT) set up by the Nigerian Communications Commission (NCC) for the telecoms sector, has discovered two new separate cyber threats targeting Windows Platforms and a particular kind of routers respectively. The discoveries were made known in two separate advisories released by the cyber-space protection team earlier this week. The first cyber threat is a…
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President Biden’s plan to respond to Putin’s price hike at the pump
Americans face rising prices at the pump because of Putin’s Price Hike. Since Putin accelerated his military build-up around Ukraine, gas prices have increased by nearly a dollar per gallon. Because of Putin’s war of choice, less oil is getting to market, and the reduction in supply is raising prices at the pump for Americans. President Biden is committed to…
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FG plans enforcement of NIN-SIM linkage March 31 deadline
Nigerians have been urged to use the next few days to ensure they link their National Indentification Number (NIN) with their SIM to avoid being blocked. In a statement jointly signed by the Director, Public Affairs, Nigerian Communications Commission, Dr. Ikechukwu Adinde and Head, Corporate Communications , Nigeria Identity Management Commission, Mr. Kayode Adegoke, the government reminded Nigerians that the…
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BREAKING: US to make Lagos consulate world’s largest
The United States Consulate in Lagos will be the largest in the world when completed in 2027, Ambassador Mary Leonard has said. The groundbreaking of the consulate which is expected to cost $537million was done by Ambassador Leonard and Lagos State Governor, Babajide Sanwo-Olu at the Eko Atlantic City in Lagos on Thursday. According to Ambassador Leonard, the 10-storey consular…
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Majority of Nigeria’s taxpaying public outside tax net – FIRS chairman
Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, says majority of the taxpaying public in the country still find themselves out of the tax net. Nami said this remains the case despite the efforts of the 38 tax authorities in the country and the laws, taxes and levies to ensure people comply. The FIRS boss was speaking at…
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Haidi Sirika says Nigeria is right destination for airline business
Minister of State for Aviation, Haidi Sirika, says the population of Nigeria makes it a viable place for airline business. Sirika who was speaking at the World Government Summit (WGS) in Dubai on Tuesday, said the proposed new national career Nigeria Air will be run by private hands. He promised that the airline would run smoothly without any government interference.…
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How we lifted 22,000 people out of poverty-Abiodun
…declares 11th Gateway Trade Fair open By Kolawole Olayinka, Abeokuta Governor Dapo Abiodun of Ogun State says his administration has given economic empowerment to no fewer than 22,000 residents of the state. According to Abiodun, the Agricultural and Multipurpose Credit Agency (OSAMCA), has disbursed over N850million to beneficiaries across the state to further create employment opportunities and generate wealth for…
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Russia reliance: US LNG to supply EU with gas
The European Union and United States are set to unveil a deal on Friday to supply Europe with more US liquefied natural gas (LNG), sources told the Reuters news agency, as the European bloc seeks to quickly curb its reliance on Russian fossil fuels. The invasion of Ukraine by Russia, Europe’s top gas supplier, pushed already-high energy prices to records…
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Court orders publication of committal papers against AMCON boss over NICON assets
A Federal High Court sitting in Abuja has granted Barrister Jimoh Ibrahim’s enrollment order for publication of forms 48 and 49 and service of all other court’s processes lawfully issued in the committal proceedings in suit No.FHC/ABJ/CS/760/2021. Ibrahim had approached the court seeking to serve committal proceedings on the Managing Director/CEO of Asset Management Corporation of Nigeria (AMCON), Ahmed Lawal…
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