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JUST IN: NNPC raises petrol depot price, marketers to sell at N168-N170/litre

  The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to N155.17 per litre from N147.67 per litre. The PPMC disclosed this in an internal memo with reference number PPMC/C/MK/003, dated November 11, 2020, and signed by […]

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FG owes 3,504 contractors N70bn – Fashola

Lawmakers seek privatisation of FMB, FHA The Federal Government is owing 3,504 contractors in the housing sector the sum of N70 billion. Minister of Works and Housing, Mr. Babatunde Fashola, yesterday, disclosed this at the National Assembly complex, Abuja, while defending the 2021 budget of the ministry before Senate and House of Representatives joint Committee […]

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Obaseki’s ADC slumps at gov’s inauguration

Guard of honour member also collapses Gov seeks unity, cooperation Second term inauguration ceremony of the Edo State Governor, Godwin Obaseki, was almost marred yesterday as his Aide-de-Camp (ADC) collapsed on the podium. Clad in his police ceremonial regalia, the Superintendent of Police, who stood directly behind the newly sworn in governor, started wobbling before […]

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Dangote Refinery to create 250,000 jobs

The management of Dangote Refinery and Petrochemicals has disclosed that the 650,000 barrels per day project will create jobs for not less than 250,000 Nigerians when completed next year. Group Executive Director, Strategy and Capital Projects, Dangote Industries Limited, Mr. Devakumar Edwin, told reporters at the site that the refinery had potential to turn around […]

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2023: S’East may dump PDP for APC

There are indications that the people of the South- East may jettison their traditional political inclinations and back the ruling All Progressives Congress (APC) if the party zones its 2023 presidential ticket to the area. Findings by New Telegraph revealed that it has not only become obvious that the political loyalty of the South-East will […]

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DHQ: Intels-based operations working

The Defence Headquarters (DHQ) has said that the focus on intelligence-based operations across theatres, was yielding maximum effect, with the arrests of more criminal elements and their collaborators from hideouts. According to the DHQ, tremendous success was being recorded in the operations against suspected bandits in the North-West, and other ongoing military actions to deny […]

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Buhari seeks global partnership on insecurity, poverty, others

President Muhammadu Buhari has sought global partnership in addressing challenges of impact of climate change, terrorism, insurgency, population explosion, human trafficking, corruption, poverty, and Coronavirus disease. The President spoke yesterday while receiving the Letters of Credence of the Ambassadors of Belgium, Mauritania, Austria and Norway at the Presidential Villa. Those Ambassadors who presented their Letters […]

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Boko Haram: 700 ex-military officers amputated, dismissed

No fewer than 700 ex-military personnel had their limbs amputated and eventually dismissed from the service due to the Boko Haram insurgency in the North-East. This was as the United States and Nigeria have opened discussions on how to tackle the threat posed by the Islamic State in Syria (ISIS) and its affiliate terrorist organisations […]

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UK Parliament set to debate #EndSARS petition

…against FG, police British govt: Judicial panel must probe Lekki shootings United Kingdom Parliament has responded to an online petition signed by about 219,743 people asking for sanctions to be imposed against the government of Nigeria and police officials involved in abuses and violation of human rights. In its response to the petition titled: “Implement […]

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NSE breaks five-year jinx, gains N1.084trn

Dangote, BUA, 7 others lead market Buying pressure triggers circuit breaker The Nigerian stock market yesterday soared high in more than five years, recording a gain of N1.084 trillion as massive buying pressure triggered market-wide circuit breaker for the first time due to traders mopping up shares in hunt for assets with attractive yields. The […]

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