Business

Nigeria in eyes of the world as Buhari declares IPI congress open

Nigeria in eyes of the world as Buhari declares IPI congress open

Business, News June 21, 2018 at 9:14 am 0 comments

Nigeria will be at the centre of global focus from today as President Muhammad Buhari declares open the 2018 congress of the International Press Institute (IPI) in Abuja.
IPI is a global network of editors, journalists and media executives “who share a

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2018 budget: AFAN to begin monitoring implementation of agric budget

2018 budget: AFAN to begin monitoring implementation of agric budget

Business, News June 20, 2018 at 4:04 pm 0 comments

The All Farmers Association of Nigeria (AFAN) says it will begin monitoring implementation of agricultural budget in the country to facilitate accountability.
Chief Daniel Okafor, the Vice President of the association, told Newsmen in Abuja on Wednesday, that the budget monitoring would be done in all the states of the

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Only an angel can run NNPC honestly, says Sanusi

Only an angel can run NNPC honestly, says Sanusi

Business, Opinions June 9, 2018 at 12:56 am 0 comments

The Emir of Kano, Muhammadu Sanusi ( II ), says the subsidy regime in the Nigerian National Petroleum Corporation has compromised the corporation to the extent that only an angel may be able to run the corporation honestly.
Sanusi said this during an interview with our correspondent in commemoration of

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Supreme Court Orders GTB To Pay N14bn To Innoson Vehicles

Supreme Court Orders GTB To Pay N14bn To Innoson Vehicles

Business June 8, 2018 at 7:52 pm 0 comments

The Supreme Court yesterday, admitted that Guarantee Trust Bank (GTB) should pay about N14bn illegal charges allegedly deducted from the account of Innoson Nigeria Limited, to a trustee account, pending the determination of the substantive matter.

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First Bank Chairman, Ibukun Awosika

N122bn Bond: Real Reason The Court Convicted First Bank Chairperson, Ibukun Awosika

Business, News June 8, 2018 at 5:15 pm 0 comments

Subsequently, the court found Ibukun Awosika and Adesola Adeduntan guilty of refusal of the bank to release N17 bn and interests that First Bank allegedly guaranteed to pay the community on behalf of Shell Petroleum Development Company of Nigeria Limited.

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Naira weakens against dollar at parallel market

Naira weakens against dollar at parallel market

Business June 6, 2018 at 7:55 pm 0 comments

The Pound Sterling and the Euro closed N484 and N420, respectively at the market.
At the Bureaux De Change (BDC) window, the naira was sold at N360 to the dollar while the Pound Sterling and Euro closed at N484 and N420, respectively.
Trading at the investors’ window saw the naira

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