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Saturday , 19 August 2017


Reactions as Adeboye Visits, Prays for Buhari in London


President Buhari received the General Overseer Worldwide of the Redeemed Christian Church of God, Pastor Enoch Adejare Adeboye at the Abuja House London Now,many are saying he should not have visited.”I don’t know what to say… But I don’t feel it was right for Pastor Adeboye to go and see him.”a member of his Church said,while another counter the opinion ...

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Buhari Makes Suprise Returns Today!


President Muhammadu Buhari who has been receiving medical attention in London, the United Kingdom since May 7 is expected back in Nigeria today. He is also scheduled to address Nigerians in a nationwide broadcast on Monday. His Special Adviser on Media and Publicity, Mr. Femi Adesina, disclosed this in a statement made available to journalists on Saturday morning. The statement read, ...

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How Trump sacked Ogunlesi on Twitter


Nigerian born international CEO, Adebayo Ogunlesi has now ceased to be an adviser to embattled US President Donald Trump. Trump sacked him today along with other distinguished CEOs counselling him via two councils on how to “Make America Great Again”. Trump sacked Ogunlesi on Twitter, when he announced the dissolution of two business advisory councils, in one fell swoop. Ogunlesi ...

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The Federal Road Safety Corps (FRSC), has scheduled its 7th Annual Lecture series to hold on the 24thof August 2017, at the Banquet Hall of the Presidential Villa, in the Federal Capital Territory, Abuja. The event which is to hold by 1100hrs is themed “Achieving the goals of the UN Decade of Action for Road Safety in Africa”. According to the ...

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CAC delists 44,000 companies from database,for not filing returns


No fewer than 44,000 companies have been delisted from the database of the Corporate Affairs Commission (CAC). The commission has also registered over 1.5 million companies.  Registrar General of the CAC, Bello Mahmud, said this in a chat with the Economic Confidential in Abuja. He said the development was sequel to several breaches of the Companies and Allied Matters Act ...

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Again, Naira depreciates against dollar, exchanges for N370/$1


The naira on Tuesday failed to consolidate on its gains in recent weeks. It depreciated to N370 per dollar in the parallel market. The local currency has dropped N3 in just three days.  It, however, recorded marginal appreciation in the Investors and Exporters (I&E) window. The indicative exchange rate dropped to N362.38 per dollar Tuesday from N362.50 on Monday, translating ...

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Osinbajo gets more power, assigns 2 Ministers portfolios,inaugurates 15 perm secs.

The Acting President, Prof. Yemi Osinbajo, on Wednesday inaugurated 15 permanent secretaries and also assigned portfolios to the two ministers sworn-in  two weeks ago.This is perceived by many as adittional power granted to him by ailing President,Buhari..against the wish of the hawks around the presidency,tagged Cabal. The ceremony preceded the weekly Federal Executive Council meeting.  Prof. Stephen Ochei was assigned ...

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Gunmen Storm EFCC headqtrs,Drop death note

magu EFCC

Days after EFCC investigator, Austin Okwor was shot by unknown assailants ,Some gunmen have attacked the head office of the Economic and Financial Crimes Commission (EFCC) in Abuja on Wednesday. Wilson Uwajaren, spokesman of the commission, who disclosed this in a statement hours after the incident, said the gunmen left a death note for one of the anti-graft agency’s detectives. ...

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5,000 tips from Nigerians through the whistle-blower policy.

The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said that the Federal Government had received a total of 5,000 tips from Nigerians through the whistle-blower policy. She said this in Abuja during a presentation on ‘The whistle-blower policy and its implication for public servants’, which was delivered at a seminar organised by the Bureau of Public Service Reforms. The ...

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Zenith Bank declares N75.32bn profit in 6 months


Zenith International Bank Plc has declared a profit after tax of N75.32 billion for the half year ended June 30. This is available in the company’s half year result released by the Nigerian Stock Exchange (NSE) on Thursday.  The report showed that the profit-after-tax increased by 112.35 per cent when compared with N35.47 billion posted in the preceding period of ...

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