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How FG Plans To Strategically Improve Agric

How FG Plans To Strategically Improve Agric

🕔07:32, 25.May 2018

The Federal Government has explained how it intends to strategically improve the agricultural sector. This explanation was given by the Minister of Agriculture and Rural Development, Audu Ogbeh. Mr. Ogbeh explained that the present administration places high value on the

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Nigeria’s Debt, Too Much To Repay—IMF

Nigeria’s Debt, Too Much To Repay—IMF

🕔07:25, 22.May 2018

The International Monetary Fund(IMF)on Monday doubted Nigeria’s capacity to repay its debts. It therefore urged the Federal Government to mobilise more revenue domestically. The Washington-based fund, at the public presentation of the Spring 2018 Issue of the Regional Economic Outlook

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Reps Confirm Signing Of 2018 Budget This Week

Reps Confirm Signing Of 2018 Budget This Week

🕔07:40, 21.May 2018

The House of Representatives has confirmed that a clean copy of the 2018 budget will be received by President Muhammadu Buhari within one week from the date of passage. The National Assembly passed the N9.12tn budget on Wednesday last week

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Nigeria’s Nuclear Power Plant To Generate 1,200 Megawatts By 2020

Nigeria’s Nuclear Power Plant To Generate 1,200 Megawatts By 2020

🕔07:49, 16.May 2018

Nigeria will build her first nuclear power plant, with about 1,200 megawatts capacity for commercial purposes by mid-2020, according to the Nigeria Atomic Energy Commission(NAEC). The Chairman/Chief Executive, NAEC, Prof. Simon Mallam, also disclosed that the agency had signed different

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Our Focus Is Only On Sensible Projects– World Bank

Our Focus Is Only On Sensible Projects– World Bank

🕔07:43, 14.May 2018

The World Bank has stated that it will only invest in sensible projects that will help create meaningful impact in developing countries. The Executive Director, Angola, Nigeria and South Africa sub-group, World Bank, Ms. Bongi Kunene , stated this during

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NNPC Now The Most Transparent Organization—Baru

NNPC Now The Most Transparent Organization—Baru

🕔09:30, 10.May 2018

The Group Managing Director, Nigerian National Petroleum Corporation(NNPC), Maikanti Baru, on Wednesday, rated the organisation as currently one of the most transparent in the country. Baru who stated this in a goodwill message at a stakeholders’ workshop on the extractive

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23 States Default With CPS– NPC

23 States Default With CPS– NPC

🕔06:46, 9.May 2018

The National Pension Commission(NPC) has revealed that about twenty-three states have been identified as defaulters with the Contributory Pension Scheme(CPS)established by the Pension Reform Act of 2004. The CPS is an arrangement where both the employee and employer contribute towards

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Lagos State Settles N892m Pension Rights

Lagos State Settles N892m Pension Rights

🕔06:19, 7.May 2018

The Lagos State Government says it has settled about 156 retirees in the 50th batch under the Contributory Pension Scheme with the sum of N892m. According to a statement obtained by Punch from the Lagos State Pension Commission on Sunday,

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International Breweries Announces N2.56bn Loss

International Breweries Announces N2.56bn Loss

🕔06:47, 4.May 2018

International Breweries Plc has announced a loss before tax of N2. 56bn for the first quarter period ended March 31, 2017. This represented a decline compared to the profit of N1. 50bn reported a year ago. This was contained in

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Bank Of Industry Gets $1bn For Industries

Bank Of Industry Gets $1bn For Industries

🕔06:43, 3.May 2018

The Bank of Industry(BoI) has been able to secure about $1bn(N305bn) to finance the industrial sector of the economy in the 2018 fiscal period. Areas in the economy expected to benefit are Information Technology, Manufacturing, and Micro, Small and Medium

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