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Tinubu’s govt launches alternate to Gotv, Dstv !..N2,500 for 55 stations

Nigerians have been yearning for alternatives to Satellite PayTV that can serve as an alternative to the existing ones.. Now it’s here! The Federal Government on Thursday in Abuja launched a new satellite pay television which it affirmed would yield Nigerians value for money. YOUNEWS understand that with this new experience, Nigerians can pay upwards of N2,500 for its package ...

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Tinubu axe falls on REA boss, directors over N1.2bn Rural Electrification fraud

President Bola Tinubu has indefinitely suspended the Managing Director/Chief Executive Officer of the Rural Electrification Agency, Ahmad Salihijo, alongside three executive directors of the agency, from office. This followed “new findings unearthed during a comprehensive investigation into the financial activities of the Rural Electrification Agency,” the State House revealed in a statement signed by the President’s Special Adviser on Media ...

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Chibok girls tragedy reoccurs, 289 pupils from Kuriga school kidnap !

In what appears like a reenactment of Chibok girls kidnap, Over 280 pupils and teachers of Government Secondary School and LEA primary school at Kuriga, Kaduna State were abducted by bandits on Thursday. Curiously, Kuriga was the same village where a school principal, Idris Sufyan, was killed and his wife kidnapped over a month ago! The bandits YOUNEWS learnt, invaded ...

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Ghana Central Bank’s axe falls on GTB, First Bank for infractions

The Bank of Ghana on Monday announced the suspension of the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN). The suspension, effective 18 March, will run for one month. According to a statement by the Ghanaian central bank, the suspension is in accordance with section 11 (2) of the Foreign Exchange Act ...

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Tinubu orders Customs to Auction seized food items immediately

The Nigeria Customs Service has commenced the sale of seized food items to vulnerable Nigerians to address hunger across the country, the Comptroller General of the Service, Adewale Adeniyi, has said. The Customs boss stated this on Tuesday on the floor of the House of Representatives during the sectoral debate series which also had in attendance the Minister of Agriculture ...

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Food smuggling: EFCC intercepts 141 grain trucks

The Economic and Financial Crimes Commission (EFCC) has intercepted 21 food trucks heading to neighbouring countries. Announcing the seizure in a statement on its X handle on Tuesday, the anti-graft agency said the items were heading towards N’djamena, Chad Republic, Central African Republic, and Cameroon. The seizure was made by operatives of the EFCC Maiduguri Zonal Command, it said. “The ...

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Dangote gives way to tears, names street after Wigwe

An emotional Aliko Dangote struggled to hold back the tears when the funeral rites for the late Group Chief Executive Officer (CEO) of Access Holdings Herbert Wigwe began in Lagos State on Monday. Dressed in black attire, the Chairman of the Dangote Group broke into tears as he paid tributes to Wigwe whom he described as brother and friend. The ...

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Behold Africa Prudential’s first female CEO

Africa Prudential Plc, the pioneering registrar listed on the Nigerian Exchange, has appointed its first female chief executive officer, Catherine Nwosu. According to a statement from the firm, the appointment took effect on March 1. “Having served in various capacities within Africa Prudential since its inception in 2006, she is well-versed in the company’s operations and deeply invested in its ...

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Segun Agbaje: Wigwe’s more clever than me – as EDs at GTB , he left for his own bank

Segun Agbaje, group chief executive officer (GCEO) of Guaranty Trust Holding Company Plc, says Herbert Wigwe, the late businessman, was one of the cleverest people in Guarantee Trust Bank. He was a credit analyst’s analyst. “But that’s not what got him his respect because we were all good analysts. “But Herbert had what we all didn’t have — he had ...

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Meet Tony Attah: whose company acquires Shell Nigeria’s $2.4bn onshore

Tony Attah has assumed the role of Chief Executive Officer at Renaissance, a Nigerian consortium that acquired in a deal valued at $2.4 billion. Africa Oil & Gas Report, an energy intelligence publication said Attah is the new managing director of the consortium expected to manage what used to be Shell’s 30 percent stake in the SPDC-JV comprising 18 Oil ...

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