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World Bank to attract $100m clean technology fund for Nigeria
DIRECTOR-GENERAL, NATIONAL AGENCY FOR SCIENCE AND ENGINEERINGINFRASTRUCTURE(NASENI), PROF. OLUSEGUN ADEYOYE (L), SHOWING THE SOLAR PANEL PRODUCED BY NASENI TO GOV. TANKO AL-MAKURA OF NASARAWA, DURING...
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Despite anti-gay law, Britain boosts aid to Nigeria
Britain will increase aid to Nigeria this year despite its introduction of harsh anti-gay laws, the Mail Online has reported.. Although Prime Minister David Cameron warned last year the UK would...
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Lagos ports expect 101 ships
A total of 101 ships are to arrive in Lagos ports between Jan. 15 and Feb.10. The “Shipping Position”, a publication of NPA, released on Wednesday in Lagos reported that 18 out of the ships were laden...
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Didier Drogba buys $74M stake in Ivorian gold mine
Ivorian footballer and Galatasaray FC striker Didier Drogba has reportedly bought a 5 per cent stake in his country’s largest mining company. The former Chelsea forward according to African Review...
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NSE market indices record 0.41% growth
Equity transactions on the Nigerian Stock Exchange (NSE) opened after the holiday on Wednesday on an upbeat note with the market indices growing by 0.41 per cent. The News Agency of Nigeria (NAN)...
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Free Money: Crowds flock to ATM as it starts spewing out free notes
Dozens of people flocked to a cash machine after word spread that it had started giving out free money. Around 60 people queued up at the ATM in Mansfield Woodhouse, Notts, before the fault was...
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MasterCard, Ecobank eye 60 per cent e-Payment market share in Nigeria, others
MASTERCARD and Ecobank Transnational Inc have sealed an electronic payment deal that may gain 60 per cent market share in Nigeria and 27 other African countries. The deal, which is a multi-country...
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Customs targets N1.2tr in 2014
The Nigerian Customs Service (NCS) yesterday said it has set a revenue target of N1.2trillion for the year. The Comptroller-General, Dikko Abdullahi, who made this known during the decoration of newly...
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Jonathan boosts housing with N50bn Mortgage Refinancing Company
President Goodluck Jonathan has launched the Nigeria Mortgage Refinance Company Plc (NRMC), which is expected to boost mortgage financing in the country for housing delivery and home ownership schemes....
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Microsoft to pay $2.6billion to Samsung and others to make Windows Phone
According to rumour from Mobile Review’s Eldar Murtazin, Microsoft has approached Samsung, Huawei, Sony and other smartphone manufacturers to give $1.2bn, $600m, $500m and $300m respectively to make...
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Telecoms industry has bad public image – ALTON
The Chairman, Association of Licensed Telecommunication Operators of Nigeria, Mr. Gbenga Adebayo, has said the country’s telecoms industry has a bad perception management in the outside world. He said...
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KEPCO to expand Egbin Power Station generation to 1,350 mega watts
The new management of Korea Electric Power Corporation (KEPCO), a technical partner of the Egbin Power Station in Ikorodu, on Friday promised to provide an additional generation plant to boost its...
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Kogi Govt woos investors
By Abdullahi Ibrahim Kogi State Government has promised to provide necessary access to land and other incentives that would enable investors do business in the state. The Kogi State deputy governor, Mr...
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Performance of manufacturing sector defies fiscal incentives
The performance of the manufacturing sector of the economy has defied the various fiscal incentives introduced by the Federal Government to boost the sector. In spite of these incentives, the average...
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Wrong career choices, bane of economic development– Unilorin Don
By Olarotimi Oshin A Professor of Counsellor Education at the University of Ilorin, Joshua Adebisi Omotosho, has decried the alarming rate of wrong career choices by Nigerian youth as a result of...
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Credit card details on 20 million South Koreans stolen
The bosses of the three credit card companies that lost data made a public apology Credit card details from almost half of all South Koreans have been stolen and sold to marketing firms. The data was...
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FG loses a lot of revenue to illegal mining — Official
The Director-General of the Nigerian Mining Cadastre Office (NMCO), Malam Muhammad Amate, on Monday said the activities of illegal miners made it impossible for the nation enjoy the potential of its...
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2014 budget targets N7.50 trn revenue – Okonjo-Iweala
The Minister of Finance, Dr Ngozi Okonjo- Iweala, said that the 2014 budget envisaged a net collectible revenue of N7.50 trillion. Okonjo-Iweala, who is the Coordinating Minister for the Economy,...
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Market capitalisation dips by N75bn on NSE
The market capitalisation of the Nigerian Stock Exchange (NSE) depreciated by N75 billion or 0.56 per cent on Monday as major stocks recorded price loss. The News Agency of Nigerian (NAN) reports that...
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China central bank offers emergency funds to banks amid latest cash squeeze
China’s central bank has provided emergency funding support to commercial banks. The apex bank will add more cash on Tuesday as authorities respond to a spike in cash rates ahead of a major holiday,...
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