Dr Aminu Usman, an economist, has said Nigeria is still technically in recession, until the average Nigerian feels the positive impact of the “economic progression”. Usman, Head of Economics Department, Kaduna State University, told our correspondent that the nation had yet to fully come out of recession as claimed adding the only economic proof that […]
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The Super Eagles of Nigeria and the Black Stars of Ghana will renew their rivalry at the West African Football Union (WAFU) Nations Cup. The Draw Ceremony for the tournament meant for senior national teams in the sub –region took place at the Labadi Beach Hotel, Accra on Thursday, with NFF’s Director of Competitions, Ayobola […]
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The House of Representatives on Thursday considered 33 bills from the harmonised report of the committee on constitution review. Some of the bills passed by the lower legislative chamber are the 35 percent affirmative action for women, not too young to run, financial autonomy for state legislature, reduction of authorisation of expenditure before budget passage from […]
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Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost conglomerate, has announced financial results for its second quarter ended June 30, 2017, showing significant growth in key financial indicators. The company recorded N4.2bn as profit after tax (PAT) for the half-year ended 30th of June 2017, translating into 134 per cent growth compared to the loss of N12.19bn […]
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The Senate on Wednesday, passed the much-anticipated “Not Too Young To Run bill”, which seeks age reduction for elective offices. The debate was committed to an electronic vote, where 86 Senators showed their support, 10 were against it. While just 1 senator abstained. This now means Nigerian youths can contest for President at the age […]
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The Nigerian Meteorological Agency (NiMet), has predicted cloudy weather conditions over the the country on Wednesday morning with prospects of isolated thunderstorms. NiMet’s Weather Outlook by its Central Forecast Office (CFO), on Tuesday in Abuja, also predicted chances of isolated thunderstorms over Yola, Minna, Lafia, Makurdi, Abuja and Lokoja later in the day. It added […]
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The International Monetary Fund (IMF) projects that Nigeria’s economy will grow at a faster pace than the South African economy in the 2018 fiscal year. According to its World Economic Outlook (WEO) for July 2017, the IMF said Nigeria will grow at 1.9 percent in 2018, while South Africa will only climb by 1.2 percent. […]
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The authorities of the Nigerian Police College, Oji River in Enugu State have suspended five recruits for indiscipline. The five are among the 966 fresh intakes of 2016 class currently undergoing training since Dec. 31, 2016 and expected to pass out in September. The Commandant of the college, Mr Anthony Ogboji, made the disclosure in […]
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The Asset Management Corporation of Nigeria (AMCON) has taken over Gateway Portland Cement Limited. This followed an injunction which the federal high court, Abeokuta, granted against the company on Friday. Charles Adeogun-Phillips, AMCON’s receiver, has taken possession of Gateway Portland Cement Limited factories and facilities located in Abeokuta and Mowe areas of Ogun state. In his […]
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The Confederation of African Football’s (CAF) executive committee, at a meeting in Rabat (Morocco), on Thursday approved the proposal for the the next edition of the Africa Cup of Nations (AFCON) scheduled to hold in 2019, in Cameroon, to have 24 teams instead of the regular 16 teams. Africa Cup of Nations has featured 16 […]
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