It was a sad day for traders at Dugbe Alawo area in Ibadan, the Oyo State capital, as a fire outbreak in the area three them into panic on Wednesday afternoon. According to the traders, the fire started around 1.20 p.m. and engulfed a high-rise building located at Lebanon road. Rows of shops close to […]
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At least one person has been confirmed dead, following Saturday’s fire that gutted the Mgbuka Obosi Spare Parts Market in Idemili North Local Government Area of Anambra. News Agency of Nigeria (NAN), however, learnt that the deceased, identified simply as G.O.D and Chairman of Zone 11 in the market, did not die in the inferno. […]
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Africa will become the world’s next big growth market, similar to the Asian boom, McKinsey, a management consulting firm said on Tuesday. “While other geographies are seeing incremental growth, global companies that get in early and join the African champions shaping the right strategies, can sustain double-digit profit growth over the next few decades,’’ it […]
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One man was reportedly killed while several others were injured in a bloody clash between rival gangs of miscreants at Ketu Market in Lagos on Monday. A witness, simply identified as Musiliu, told newsmen that the clash followed a disagreement between two groups of hemp smoking miscreants over the death of a member after heavy […]
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The Terminus main market in Jos, Plateau state capital, was razed down by an inferno in the early hours of Saturday. Adie Undie, Plateau police commissioner, who confirmed the incident, said the fire started around 1:30am. Undie said the cause of the fire is yet to be ascertained. “This incident happened around 1:30.a.m and our […]
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Nigeria’s inflation has dropped to 11.61% in May, a figure that is already below the federal government’s projection of 12.42% set in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper. This is the 16th straight month of decline in inflation. Food inflation declined to 13.45% from 14.80% in April. According to the Consumer […]
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Fire has razed a section of Binukonu Ultra Modern Market, Ojota in Lagos during the early hours of Friday, destroying goods and property worth millions of Naira. According to NAN, the fire, which was believed to have been caused by an electrical fault, started at 1.30am and razed over fifty stalls in the market. At […]
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It is believed that 15 people have died and many injured from three attacks by suicide bombers who hit a market in Konduga, Borno state, on Friday. Bulama Kaka, a resident who witnessed the incident, newsmen the incident occurred around 7pm. Kaka said some meters away from where he was while the two other bombs […]
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The market indicators of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by 0.52 per cent due to profit taking ahead of the Yuletide preparations. The News Agency of Nigeria (NAN) reports that the market capitalisation lost N71 billion to close at N13.445 trillion in contrast with N13.516 trillion posted on Monday. Also, the All-Share […]
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Kogi state is ready to flood the markets with rice and fish by December following the mass production of the products by the state-owned Omi Agricultural Development Centre. The centre situated in Yagba-West Local Government would be out with “Confluence’’ rice, Mr David Apeh, Special Adviser to Gov. Yahaya Bello on Agriculture and Rural Development, […]
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