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Afreximbank, EBE sign $500m investment support agreement

December 11, 2017 Editorial IV 0

By Benjamin Umuteme Abuja The African Export-Import Bank (Afreximbank), has signed a $500 million agreement with the Export Development Bank of Egypt (EBE) aimed at supporting exports and investments by Egyptian businesses to other African countries. The Export Credit Support Scheme (ECSS), was signed by Afreximbank and EBE on the margins of the Africa 2017 Forum taking place in Sharm Read More

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Traders, hawkers make brisk business at PDP convention

December 11, 2017 Editorial IV 0

By Donald Iorchir In spite of tight security around Eagle Square, venue of Peoples Democratic Party (PDP) national convention, petty traders, hawkers of PDP souvenirs and praise singers from different states turned the Saturday political gathering into a carnival, making brisk business. The anxious artisans created a chaotic situation and over-stretched the capacity of security personnel deployed to ensure proper Read More

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PMI remains stronger as economic outlook stands on positive trend

December 10, 2017 Editorial IV 0

The nation’s economic outlook was boosted by positive numbers of the November Purchasing Manager Index survey report as well as the relatively early passage of the 2018-2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) by the National Assembly. The recent survey report on purchasing and supply executives from manufacturing and non-manufacturing businesses released by Central Bank of Read More

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NITDA to blacklist MDAs not domiciled on FG’s .gov.ng

November 22, 2017 Editorial IV 0

Stories by Ayoni M. Agbabiaka with agencies National Information Technology Development Agency (NITDA) has threatened to blacklist all Ministries, Departments and Agencies whose sites are running on Generic Top Level Domain (gTLD), other than the .gov.ng. Director – General of NITDA, Dr. Isa Ali Ibrahim Pantami, said “.gov.ng domain names are free with no rental or renewal cost attached” so Read More

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IATA seeks ways to repatriate airlines’ blocked revenues from Africa

November 16, 2017 Editorial IV 0

Director General and Chief Executive Officer of the International Air Transport Association (IATA) Alexander de Juniac has said that practical solutions are needed so that airlines can reliably repatriate their blocked funds from some African countries. Speaking in a keynote address delivered on his behalf by IATA’s vice president, Africa, Raphael Kuuchi to the 49th African Airline’s Association Annual (AFRAA) Read More

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FG to partner entrepreneurs on job creation

November 6, 2017 Editorial IV 0

By Kingston Obung Calabar The Federal Ministry of Trade, Industry and Investment has stated its resolve to partner the National Association of Enterprise Employers (NAEE). Making this commitment in Calabar during the graduation ceremonies of NAEE national, zonal and states officers who passed through a 5-day training for entrepreneurs, organised by the South South CBN Entrepreneurship Development Centre, (CBN-EDC), weekend, Read More

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FG won’t rest on its oars improving economy

November 4, 2017 Blueprint 0

David Agba   Vice President Yemi Osinbajo has assured that the federal government will intensify efforts at improving the economy. He added that the Presidency will make dramatic policy changes in the Oil & Gas sector if necessary. Osinbajo who was reacting to the World Bank’s ease of doing business report on Nigeria said: “The present administration remains focused on Read More

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We’ve not cancelled $400m loan to Nigeria – AfDB

November 1, 2017 Editorial IV 0

By Emeka Nze Abuja African Development Bank (AfDB) yesterday restated its continuous support for the federal government’s economic recovery efforts, denying reports it had cancelled a $400 million loan to Nigeria. Reuters news agency had reported that the Bank called off negotiations for a loan to Nigeria that was meant to help government fund its budget. The report quoted the Read More

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Residents storm Lagos gov’s office, demand end to demolitions

November 1, 2017 Editorial IV 0

By Tope Musowo Lagos Scores of Lagos state residents yesterday stormed the Lagos state secretariat which houses the Governor’s Office and the House of Assembly demanding an immediate end to all demolition exercise in the state. The protesters, who came under the auspices of the Federation of Informal Workers Association of Nigeria (FIWON), frowned upon what they said was illegal Read More

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‘I make N6,000 daily selling popcorn’

October 31, 2017 Editorial IV 0

Popcorn business is no doubt a lucrative business. Bright Effiong, 22, a popcorn seller who hails from Akwa Ibom state, can attest to it. ADEOLA TUKURU reports Generating income from popcorn business, Bright Effiong, unlike other young Nigerians looking for white collar jobs, says he makes over N6,000 daily by selling popcorn. Bright who is not interested in working for Read More

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2016/2017 dry season farming flags off

February 6, 2017 Blueprint 0

The federal government has flagged-off the distribution of farm inputs via the Growth Enhancement Support Scheme (GES) under the 2016/2017 dry season farming and Wet Season Farming. Flagging off the ceremony in Kano, the Minister of State for Agriculture Senator Heineken Lokpobiri said that they were in Kano to flag-off the dry season farming activities because Kano is a leading Read More

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Kano Police arrest 1,027 criminals in 2016

December 30, 2016 Blueprint 0

By Bashir Mohammed Kano The Kano state Police Command said it arrested no fewer than 1, 027 suspected criminals for committing various offences in 2016. The figure is contained in a statement signed by the command’s Public Relations Officer, DSP Magaji Majiya and issued to newsmen in Kano yesterday. The statement also said a total of 119 suspected kidnappers were Read More