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07

Shettima: FG Seeking Policy Framework, Roadmap to Revamp Manufacturing Sector

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Seeks prioritisation of local content, made in Nigeria goods; Dangote faults CBN’s over 26% interest rate; LCCI commends apex bank’s removal of price verification system Deji Elumoye, James Emejo in

FG Issues Fresh Regulations on Deduction of Withholding Tax at Source

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Oyedele: New regulations to exempt SMEs from withholding tax; Supply of Jet-A1, CNG, PMS, AGO, others to attract zero deductions Ndubuisi Francis in Abuja The Minister of Finance and Coordinating

Mele Kyari to IOCs: Nigeria Will Produce Its Oil, Won’t Wait for You

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GCEO declares state of emergency on crude production; Delay in concluding divestment detrimental to Nigeria, say producers Emmanuel Addeh and Peter Uzoho in Abuja The Nigerian National Petroleum Company Limited

Adelabu Seeks Full Commercialisation of Power Sector to Ensure Survival

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Says Nigerians spend N1tn on grid electricity, N20tn on generators Emmanuel Addeh in Abuja The Minister of Power, Chief Adebayo Adelabu, yesterday said that full commercialisation of the electricity supply

NIMC: Senate Moves to Harmonise Identify Cards Systems across MDAs

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Sunday Aborisade in Abuja The Senate yesterday passed for second reading, a bill to strengthen the regulatory duties of the National Identity Management Commission (NIMC) and to further enhance Nigeria’s

UN Restates Commitment to Fostering Inclusive Society

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Michael Olugbode in Abuja The United Nations have restated its commitment to fostering an inclusive, accessible, and equitable society where every individual can realise their full potential, regardless of any

Tinubu Names 10-man Board For Family Homes Funds Ltd

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Appoints Adebise, Muttalab Chairman and MD respectively Deji Elumoye in Abuja President Bola Tinubu has approved the appointment of 10 qualified Nigerians to the Board of the Family Homes Funds

UK, Nigeria Trade Balance Hits €35bn, With Nigeria Leveraging Over €10bn

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Dutch bank, FCMB sign $25 million deal to boost entrepreneurship; FG pays off outstanding debt of $850m owed European airlines Onyebuchi Ezigbo, Michael Olugbode and Folalumi Alaran in Abuja Nigeria’s

Afreximbank Report: Intra-African Trade Now 14.9% of Total African Trade, Grew by 3.2% in 2023

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Dike Onwuamaeze Intra-African trade represented 14.9 per cent of total African trade in 2023, which was an improvement over 13.6 per cent recorded in the previous year. This was stated

Sanwo-Olu Inaugurates 2 LBIC Housing Schemes in Amuwo-Odofin

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Governor Babajide Sanwo-Olu of Lagos State, Tuesday, scaled up the Government’s housing stock with the inauguration of two newly completed housing schemes to meet the demand for decent homes in

House Urges Works Ministry to Revoke East West Road Contract

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Adedayo Akinwale in Abuja The House of Representatives has called on the Federal Ministry of Works to immediately revoke the contract for the construction of flooded East-West Road to Rock

Access Holdings Holds Signing Ceremony for Proposed N351 Billion Rights Issue

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Nume Ekeghe and Kayode Tokede Access Holdings Plc yesterday conducted a formal signing ceremony as part of its arrangements to raise a total of N351,009,103,017.25 through a Rights Issue to

EU is Playing Active Role in Nigeria’s Renewable Energy, Says Isopi

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Michael Olugbode in Abuja The Head of the European Union (EU) Delegation to Nigeria and the Economic Community of West African States, Samuela Isopi has said renewable energy is the

Sanwo-Olu: Lagos’ll Sustain Transformative Relationships with Banks for Citizens Needs

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Governor Babajide Sanwo-Olu of Lagos State, Tuesday, said his administration will sustain deep mutually beneficial transformative relationships with financial institutions, particularly the First Bank of Nigeria, to meet the needs

IATA: African Airlines Have Turned the Corner, Now Profitable

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Chinedu Eze The International Air Transport Association (IATA) has confirmed that African airlines have turned the corner to become profitable after many of them recorded losses over the years. Recently,

Olisa Agbakoba: Nigeria’s Petroleum Industry Act Unconstitutional, Should Be Scrapped

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Says IOCs exploit Nigeria’s weak oil and gas system; President’s dual role as petroleum minister ‘historic mistake’ Sunday Ehigiator Senior Partner at Olisa Agbakoba Legal, Dr. Olisa Agbakoba, has

Lagos Resilience Officer Advocates Sustainable Solutions to Climate Challenges

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Says cost of inaction could reach $39bn by 2050 Funmi Ogundare Lagos State Chief Resilience Officer (LASRO), Dr. Folayinka Dania, yesterday, called for sustainable solutions to the numerous challenges testing

Edo Guber: Our Candidate Will Win on Performance, Says Sen Urhoghide

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Adibe Emenyonu in Benin City The Director General of All Progressives Congress, Campaign Organisation, Senator Matthew Urhoghide, Tuesday, insisted the performance of the party’s candidate, Sen. Monday Okpebholo, and Dennis

Cholera Outbreak: Casualty Rises to 63 With 2,102 Suspected Cases

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Onyebuchi Ezigbo in Abuja Despite emergency interventions being spearheaded by the Nigeria Centre for Disease Control and Prevention (NCDC), death toll from cholera epidemic has risen to 63 lives The

SSANU, NASU Threaten to Begin Strike Tomorrow over Withheld 4-month Salaries

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Onyebuchi Ezigbo in Abuja The Senior Staff Association of Nigerian Universities (SSANU) has said that it will embark on a nationwide industrial action tomorrow, Thursday, July 4, along with sister

06

Clampdown on Kenya Protesters: Africans Rising, 400 CSOs Across Africa Ask Ruto to Stop

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Michael Olugbode in Abuja Africans Rising and 400 civil society organisations and movements across Africa and the diaspora have sent a strong letter to President of Kenya, William Ruto to

Rivers Lawmaker Accuses Kalu of Discriminating Against First-term Lawmakers

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Adedayo Akinwale in Abuja A member representing Bonny/Degema Federal Constituency of Rivers State, Cyril Hart, in the House of Representatives has accused the Deputy Speaker, Hon. Benjamin Kalu, of discriminating

S’East Governors Presses for Economic Integration, Nnamdi Kanu’s Release

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The five governors of the South East region rose from a meeting in Enugu on Tuesday, resolving to pursue regional security and economic integration as well as the release of

Alake to FG: Declare July 13 Wole Soyinka Day

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James Sowole in Abeokuta The Alake and Paramount Ruler of Egbaland, Oba Adedotun Aremu Gbadebo, yesterday, asked the federal government to declare July 13 every year, as Wole Soyinka Day.

At Last, Sokoto Govt Presents Bill That Strips Sultanate Council of Certain Powers

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Onuminya Innocent in Sokoto Despite outcry, the Sokoto State Government, yesterday, at a public hearing, presented a bill to the state House of Assembly to amend a section of the

Akpabio Sides with Wike, Bashes FCT Senator, Ireti Kingibe

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Says bus terminal will enhance public transportation system in nation’s capital Olawale Ajimotokan in Abuja In open support and a ringing endorsement, President of the Senate, Godswill Akpabio, yesterday, scathingly

Electoral Reform: LP Sets Up 22-member Committee, Names Sam Amadi Chairman

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Decries hasty conduct of poll few days after party’s candidate was jailed Chuks Okocha in Abuja The Labour Party (LP), has set up a 22-member Electoral Reform Committee to articulate

Nigeria’s Oil Production Threatened Again as Irate Ijaw Youths Shut Down OML 2005

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Olusegun Samuel in Yenagoa Nigeria daily oil production was again threatened yesterday after angry youths from the Anyama Clan of Ijaw Youths Council (IYC) and Onuebum community of Ogbia local

Terrorists Kill Katsina Varsity Lecturer, Abduct His Two Children, Female Student

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Francis Sardauna in Katsina Gunmen suspected to be terrorists have killed one Dr. Tiri Gyan David, a lecturer with the Federal University Dutsinma (FUDMA), Katsina State, and kidnapped his two children

Osun Assembly Passes Osun State Public Complaints, Anti-Corruption Establishment

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Yinka Kolawole in Osogbo The Osun State House of Assembly has passed into law a bill to establish the Osun State Public Complaints and Anti-Corruption Commission in the state. The bill