Tag: Nigeria
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Heavy ‘wahala’ loading for Nigerians as CBN investigator declares new notes illegal
Despite cash scarcity, sufferings of Nigerians after new notes were introduced in 2022, Jim Obazee, President Bola Tinubu’s special ant-corruption chief, has recommended the immediate withdrawal of new naira notes introduced in 2022, saying the national currency was illegal and sought criminal charges against its proponents. “The redesigned naira is illegal and should be withdrawn…
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FIFA Rankings: Super Eagles end 2023 as 42nd best team in the world, sixth in Africa
Nigeria have been ranked 42nd in the latest Federation of International Football Association (FIFA) released on Thursday. The Super Eagles also ranked 42ns in the last edition of the FIFA rankings.
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Akwa Ibom emerges Nigeria’s cleanest state
With a cumulative score of 78.2 per cent, the National Technical Study Group ( NTSG) has announced Akwa Ibom State as the cleanest state in Nigeria. Ebonyi and FCT finished in second and third positions with 50 and 47 per cent scores, respectively
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NLC reacts to notice of nationwide strike
The Nigeria Labour Congress (NLC) has dismissed a notice of nationwide strike allegedly scheduled for Monday. Mr Benson Upah, NLC Head of Information and Public Affairs, said this in a statement on Sunday in Abuja.
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Private sector has big role to play in Nigeria’s development – Shettima
Vice-President Kashim Shettima on Saturday in Ibadan stated that Nigeria’s private sector has a very big role to play in the country’s development. Shettima stated this at an event at the University of Ibadan to honour a former governor of Oyo State, the late Sen. Abiola Ajimobi.
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Only Organised Private Sector can solve Nigeria problem not political class – former minister Nebo
The former Minister of Power, Prof. Chinedu Nebo, has said the current challenges bedeviling Nigeria can never be solved by the political class alone but through the organised private sector.
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Just in: Nigerian Govt to ban beer parlours, others
The Lagos state government is considering prohibiting beer parlors and other drinking establishments from operating near or surrounding school environment Before implementation, the state is also continuing discussing with relevant stakeholders on the 65-year retirement age policy, as opposed to the current 60-year retirement age for teachers in state employment. Mr Jamiu Alli-Balogun, the state’s…
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Nigerians generate 40,000MW power from generators – FG
The Federal Government of Nigeria has revealed that about 40,000 megawatts of electricity is being generated by Nigerians from generators powered by Premium Motor Spirit, popularly called petrol, and those run by Automotive Gas Oil, also known as diesel.
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Nigeria will meet 1.7m bpd oil production in 2024 budget – Lokpobiri
The Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will meet and surpass the 2024 crude oil production budget benchmark of 1.7 million barrels per day (bpd). Lokpobiri said this at a stakeholder’s interactive
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Nigeria’s external reserves fall by whopping $520m
Nigeria’s external reserves fell by a whopping $520.22 million in five weeks, figures from the Central Bank of Nigeria (CBN) has revealed.