Truth Is Treasure
By Tony Obiechina, Abuja Nigeria, on behalf of Angola and South Africa Constituency, has called for global solidarity in upgrading the digital space in Africa so that the continent can benefit from new jobs. Minister of Finance, Budget & National Planning, Mrs. Zainab Ahmed stated this at a virtual International Monetary Fund
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By Tony Obiechina, AbujaThe Development Committee of the World Bank Group (WBG) and International Monetary Fund (IMF) for Annual Meetings 2020 has called on the multilateral organisations to support and accelerate a resilient recovery centered on jobs and economic transformation. In a communique released on Friday at the end of its
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By Tony Obiechina, Abuja The Federal Government has called for synergy between West African leaders in monitoring and halting illegal trans-border trade of solid minerals within the West African Sub-region. The Minister of State, Mines and Steel Development, Dr Uchechukwu Sampson Ogah made the call on Thursday when he spoke at the
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By Tony Obiechina, Abuja The #EndSARS protests across some major cities in the country has compelled the Board of Nigerian Economic Summit Group (NESG), to postpone its 26th Summit tagged “Building Partnership for Resilience.” The group announced the postponement on Thursday via its official Twitter handle. The tweet reads, “In the past, deliberations and
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NESBITT Investment Nigeria has acquired Peugeot Automobile Nigeria (PAN) and plans to inject $150 million in the next three years to revamp the automobile company. NESBITT said the $150 million investment would be spent on retooling and upgrading PAN’s assembly line as well as in supporting infrastructure and working capital.Commenting on
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Some local Airlines at the Nnamdi Azikiwe International Airport, Abuja have announced the cancellation of flight operations to the states where curfews have been declared. The airlines stated this in separate interviews with the News Agency of Nigeria (NAN) on Wednesday in Abuja. Mr Hamza Bukar, Associate Vice-President, Abuja and Regional
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The Nigerian Stock Exchange (NSE) on Wednesday reacted to social unrest following the aftermath of #EndSARS protests losing N113 billion, amid sell pressure. Specifically, the market capitalisation shed N113 billion or 0.75 per cent to close at N14.870 trillion against N14.983 trillion recorded on Tuesday. Also, the All-Share Index dipped 216.33 points
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By Mathew Dadiya, Abuja The management of the Federal Housing Authority (FHA) and Family Homes Funds Limited (FHFL) have signed a Memorandum of Understanding (MoU) for the construction of 1000 housing units for the low income earners. The project, sited in Bwari, a suburb of the Federal Capital Territory (FCT), is the
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From Joy Okeke, Lagos One of the oldest underwriters in Nigeria, Universal Insurance Plc has paid N1.2 billion as claims to its aggrieved policyholders in the last five years. The managing director, Universal Insurance PLC, Mr. Ben Ujoatuonu, basted that the company was meeting all its obligations especially, in the area of
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Youths in Akwa Ibom, under the auspices of Young Democratic Movement (YDM) and South South Youth Assembly, have given the Federal Government a seven-day ultimatum to take over the gold deposits in Zamfara state, currently controlled by that state government. Speaking at the press conference yesterday in Uyo, the YDM leader,
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