Need to patronise made-in-Nigeria

June 12, 2018 BluePrint Newspapers 0

Samuel Anike, an inventor of shoes, lives in Jos, Plateau state, but is an indigene of Ebonyi state. He sees the future of Nigeria being great, if only the citizens will embrace made-in-Nigeria goods. He says the present administration has made innovation more welcoming and today many have come out to showcase their talents. BINTA SHAMA reports. The Beauty of Read More

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BIPC denies selling N1.3bn shares

June 12, 2018 Daniel Agbo. Makurdi 0

Benue state Investment and Property Company (BIPC) yesterday denied selling shares worth N1.3 billion from the company’s investments. The new Managing Director and Chief Executive Officer of the company, Mr. Alfred Adem, in an interaction with newsmen yesterday in Makurdi, said rather than sold shares the company had bought back its position, which was earlier sold by past administration from Read More

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ActionAid Nigeria, Oxfam hold stakeholders meeting on 2019 agriculture budget

June 11, 2018 BluePrint Newspapers 0

The ActionAid Nigeria, Oxfam n collaboration with the Ministry of Budget and National Planning, the Department of Agriculture and Rural Development, the ECOWAS COMMISSION has invited stakeholders for a consultative Meeting on the 2019 Agriculture Budget. The meeting which is scheduled to hold at Swiss International D’Palms Airport Hotels, Lagos from 25th and 26th this month is according to ActionAid Read More

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Diamond Bank invests in Futurerewards 30 youth account holders with scholarships

June 11, 2018 BluePrint Newspapers 0

Diamond bank has rewarded 30 customers with N100,000 each in the just concluded Diamond Future and CoolTeens School Fees Saver Scholarship draw. The School Fees Savers Scholarship scheme is specially targeted at parents with children / wards in preschool, primary and secondary school. The initiative according to the bank aimed at driving customer loyalty and easing lifestyle challenges by rewarding Read More

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Currency swap with China’ll be used to finance trade & credit investment – CBN

June 11, 2018 Amaka Ifeakandu .Lagos 0

Central Bank of Nigeria (CBN) has released regulatory guideline for transactions with authorised dealers in Renminbi, under the Bilateral Currency Swap Agreement (BCSA) with China. The apex bank said that swap agreement between People’s Bank of China ( PBoC) and the CBN allows both banks to, among other purposes, make available liquidity in the respective currencies for the facilitation and Read More

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Afreximbank approves $17bn in financing to Nigeria

June 11, 2018 BluePrint Newspapers 0

The African Export-Import Bank (Afreximbank) approved financing amounting to $17 billion for Nigerian entities between its commencement of operations in 1994 and last December, Bank President Dr. Benedict Oramah has said. Dr. Oramah, who was speaking in Abuja on Thursday when he led an Afreximbank delegation on a visit to President Muhammadu Buhari of Nigeria, said that the Bank’s facilities Read More

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Labour ministry too weak to check oil coys’excesses – NUPENG

June 11, 2018 Halimat Ozomata 0

Nigeria Union of Petroleum and Natural Gas Workers ( NUPENG ) has said that the Federal Ministry of Labour and Employment was not making concrete efforts to check the protracted labour issues concerning the operations of the multinational oil and gas companies in the country. The union is also accusing Dutch oil giant, Shell, of pioneering the practice of casualisation Read More

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AfDB approves $10m investments in African financial institutions

June 11, 2018 Benjamin Umuteme. Abuja 0

In a bid to deepen the capital base of local financial institutions, the African Development Bank (AfDB) has approved $10 million equity investment in financial sector in Africa. The investment would also help stimulate corporate bond market in the continent. In a statement on Saturday the bank said the approval of the fund on the platform of its private-sector window Read More

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Stop rejecting treasury staff, AGF warns MDAs

June 11, 2018 Benjamin Umuteme 0

The Accountant–General of the Federation (AGF), Mr. Ahmed Idris, has warned Ministries, Department and Agencies that they risk being shot out of all government payment platforms if they continue to reject Treasury Staff posted to them. Mr. Idris gave this indication in Abuja when he recieved in audience the managment team of the National Agency for Science and Engineering Infrastructure, Read More

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NSIA puts total 2017 income at N27.93bn

The Nigeria Sovereign Investment Authority (NSIA), disclosed that totsl comprehensive income for 2017 financial year stood at N27.93 billion. Accordinf to the agency, the income is includes tbe impact of foreign exchange gains. Briefing journalists at the weekend in Abuja, the Chief Executive Officer, NSIA, Dr. Uche Oji, also disclosed that the agency recorded a 27 per cent growth in Read More

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Seplat debunks speculation on violation of local content policy

June 11, 2018 BluePrint Newspapers 0

SEPLAT Petroleum Development Company (Seplat), Plc a leading Nigerian indigenous oil and gas company has refuted the recent speculation on the violation of local content policy. In a statement signed by the Company Secretary, Dr. Mirian Kene Kachikwu , it said “contrary to recent press speculation regarding the Assa North/Ohaji South (“ANOH”) project, Seplat has not violated local content policy.” Read More

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NSE records N8.30bn income in FY

June 11, 2018 BluePrint Newspapers 0

The Nigerian Stock Exchange (NSE) has recorded a total income of N8.30billion for the financial year ended December 31, 2017. This represents an increase of 86 per cent in gross earnings when compared to the N4.46 billion achieved in 2016. The NSE result further that showed N3.82 billion surplus before tax growing by 5,629 per cent in the preceding period Read More

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NSE: Equity market rebounds, appreciating

June 11, 2018 Amaka Ifeakandu .Lagos 0

Trading activities on the flour of Nigeria Stock Exchange (NSE) last week closed in positive trend, appreciating by N673 billion. Specifically, market capitalisation of listed equities increased by 5.04 per cent to N14.008 trillion from N13.335 trillion reported the previous week. Also the NSE All Share Index rose by 1852.94 basis points or 5.03 per cent to 38669.23 points from Read More

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FG to enforce ECOWAS free trade protocol

June 9, 2018 Benjamin Umuteme 0

  The federal government is reviewing the enforcement of processes and certifications of foreigners entering Nigeria under the Economic Community of West African States (ECOWAS) Free Movement of Goods and Persons Protocol. Vice President, Yemi Osinbajo, disclosed this at Nigeria Customs Service Command and Staff College, Gwagwalada in Abuja where he presented certificates to about 40 senior Customs officers after Read More

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NSE posts N8.30bn gross earnings

June 9, 2018 Blueprint Newspaper 0

Nigerian Stock Exchange (NSE) has announced gross earnings of N8.30 billion and operating surplus after tax of N3.79 billion for the financial year ended Dec. 31, 2017. NSE made this known at the presentation of its results for the year ended December 31, 2017 at its 57th Annual General Meeting (AGM) in Lagos. The operating surplus after tax or profit Read More

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Seed sector can raise N2.2trn in 3 years – NASC

June 7, 2018 John Oba. Abuja 0

Director General, National Agricultural Seeds Council (NASC), Dr. Philip Olusegun Ojo, has revealed that the seed sector in Nigeria is capable of generating N2.2227 trillion in three years if the potential in the sector is properly harnessed. Speaking yesterday at the maiden edition of the Seed Connect Africa Conference and Expo 2018 in Abuja, Ojo said it will require 10,355 Read More

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OCP Africa to build fertiliser plant in Kaduna soon

As part of efforts towards the development of the Agricultural ecosystem in Africa, OCP Africa has reiterated its readiness to build a fertiliser blending plant in Kaduna state, aiming at supporting the Kaduna state Government in its strive to boost the agricultural sector. Country Manager and Deputy Managing Director of OCP, Mr. Caleb Usoh disclosed this after the presentation of Read More

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Seplat declares $44m profit before tax

June 7, 2018 Amaka Ifeakandu. Lagos 0

Seplat Petroleum Development Company Plc, an independent oil and Gas exploration and production company has recorded growth in its 2017 financial year as it declared profit before tax of $44 million. The company said that the performance reflects the return to profitability in the third and fourth quarters of 2017 where net quarterly profit before tax of $24 million and Read More

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FG rakes in N30bn from VAIDS

June 7, 2018 David Agba 0

The Chairman of the Federal Inland Revenue Service (FIRS), Tunde Fowler, yesterday disclosed that N30 billion was received from individuals and organisations during the Voluntary Assets and Income Declaration Scheme (VAIDS) amnesty period. Mr. Fowler said this at the unveiling of the VAIDS Declaration Certificate yesterday in Abuja. The ceremony also had chairmen of states’ tax revenue agencies in attendance. Read More

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‘Seed sector can raise N2.2trn in 3 years if…’

June 7, 2018 BluePrint Newspapers 0

The Director-General, National Agricultural Seeds Council (NASC) Dr. Philip Olusegun Ojo has revealed that the seed sector can generate N2.2227 trillion in three years if the available potentials are properly harnessed. JOHN OBA reports. 2018 seed expo The maiden edition of the Seed Connect Africa Conference and Expo 2018, held yesterday in Abuja, with the Director-General of the National Agricultural Read More

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‘Access Bank CEO awards reward for exceptional performance’

June 7, 2018 Amaka Ifeakandu. Lagos 0

Access Bank held its annual Chief Executive Officer (CEO) Awards at the weekend to celebrate the achievement and commitment of its staff members. The Afro-infused black tie event which held at the Landmark Event Center in Lagos showcased great performances from the staff themselves, fun set pieces with palm wine cocktails, Pan-African Cuisines and traditional performers with talking drums and Read More

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Lagos’ll be key in our strategy branding –UNWTO scribe

June 7, 2018 Tope Musowo. Lagos 0

Secretary General of the United Nations World Tourism Organisation (UNWTO), Mr. Zurab Pololikashvili yesterday said that Lagos would play a pivotal role in the organisation’s quest to promote new tourism destinations across the world. Pololikashvili, who made this known when he led a high powered delegation, consisting eight Ministers of Tourism and representatives from 44 countries across Africa on a Read More

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FIRS taking over our job, RMAFC alleges

June 7, 2018 Benjamin Umuteme. Abuja 0

Workers at the Revenue Mobilsation Allocation and Fiscal Commission under the aegis of the Nigerian Civil Service Union (SCSN) and the Association of Senior Civil Servants of Nigeria (ASCSN) have accused the Federal Inland Revenue Service (FIRS) of taking over their job. The NCSU Chairman, Comrade Josiah Amanabi, who made the accusation when he addressed protesting workers of the Commission Read More

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FG, airline operators clash over VAT remittance

June 7, 2018 BluePrint Newspapers 0

Indigenous airlines operating in the Nigerian aviation industry have threatened to from June 14, 2018 stop remittance of Value Added Tax (VAT) to the coffers of the federal government, saying that the continuous collection of such tax negated the principle of the Federal Government and international best practices in the industry. The airlines also castigated the Nigerian Civil Aviation Authority Read More

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‘Amaechi’s wife never assaulted FAAN officials ‘

June 7, 2018 BluePrint Newspapers 0

The Federal Airports Authority of Nigeria (FAAN), has refuted claims that wife of the Minister of Transportation, Judith Amaechi, supervised the assault and manhandling of some airport officials on May 26. The General Manager, Corporate Affairs of FAAN, Mrs Henrietta Yakubu, made the denial recently in Lagos. Some online media had claimed that Amaechi and her aides assaulted the officials Read More

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