The Government of Oyo State has said it would empower 450 cassava producers in the state through the state’s funded Anchor Borrower’s programme and another set of 267 farmers in the production of rice and cassava under the FADAMA III additional financing project. According to a statement signed by the state Information Commissioner, Toye Arulogun, […]
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The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), increased by 18.55 per cent (year-in-year) in December, 2016 from 18.48 per cent recorded in November. The CPI, which measures inflation, is 0.07 per cent points higher from the points recorded in November. A report released by the NBS in Abuja, noted that the […]
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The mention of “Development Bank of Nigeria (DBN)” has left many with many questions on their lips, especially as to funding and accessibility. The Ministry of Finance, led by the minister, Kemi Adeosun has taken time to explain all you need to know about the bank which is expected to kick off operations in 2017. […]
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One of the best things the Internet gave to the humankind is memes. They have become a specific form of humor, the web sarcasm, the way to make any situation funny and even unite people. As well as music or cinema, they are among the most popular pop culture products. If you are looking for […]
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Edo state government has advised Street traders and persons who trade on the walkway to relocate into the market as the government would commence the enforcement of the law against street trading. The Edo State Deputy Governor, Philip Shaibu, who served the notice in an interview, noted that the activities of the traders contribute largely […]
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The Federal Government has awarded contract for early works on the Second Niger Bridge and emergency repairs at the Tamburawa Bridge in Kano State at a total cost of N16.3 billion. Mr Mohammed Abdullahi, the Assistant Director of Information in the Federal Ministry of Power, Works and Housing, made this known in a statement on […]
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The Nigeria Customs Service has generated N898 billion as revenue in 2016, including VAT, says the service Spokesman, Mr Joseph Attah. Attah told the News Agency of Nigeria (NAN) on Monday in Abuja that the figure was however less than the N904 billion collected in 2015. He attributed the shortfall to the difficulty in accessing foreign […]
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The Naira on Monday appreciated at the parallel market after a two-week losing streak. The currency gained three points to exchange at N490, from N493 it posted last Friday, while the pound sterling and the euro traded at N600 and N506, respectively. At the bureau de change window, the naira closed at N399, the CBN […]
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The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has confirmed that there is no kerosene in any of the depots in Lagos. The union said the product was not available in both depots belonging to the Nigerian National Petroleum Corporation ( NNPC) and private operators in Lagos. Mr Rotimi Benjamin, the National Chairman […]
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The federal government of Nigeria, on Friday denied hiking import duties on food items and luxury goods, but noted that drugs, and other pharmaceutical products, are prohibited from being imported into Nigeria, and local manufacturers with special permission to import must pay 20 percent duty. In a statement by Salisu Dambatta, director information, ministry of […]
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