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…revert pump price to N121, NLC tells FG

The Nigeria Labour Congress (NLC), has asked the Federal Government to revert to the old price of N121 for Premium Motor Spirit (PMS) also known as petrol. Rejecting the recent increase in ex-depot price to N151 increase, Congress while describing the move as unjust and insensitive, said it was a crass display of complete apathy […]

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I was called a witch because I had conjoined twins –Mum

•I became partially blind at some point A young Bayelsa woman Ayebaekipreye Abinyefa and her husband who had conjoined twins were recently given a new lease on life when individuals and governments intervened to ensure that the conjoined twins were separated so that they can lead normal lives. The journey for the couple began around […]

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COVID-19: FG refers Russian vaccine to NAFDAC, NIPRD for evaluation

The Federal Government yesterday said the National Agency for Food and Drugs Administration and Control (NAFDAC) and the National Institute for Pharmaceutical Research and Development (NIPRD), would evaluate the Russian COVID-19 vaccine, to ascertain possibility of patronising the vaccine. This was part of consensus reached by the Minister of Health, Dr. Osagie Ehanire, Minister of […]

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Nigeria floors P&ID as UK court grants relief from $10bn fine

  Nigeria has secured a landmark victory in its pursuit to overturn a $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID). Delivering his judgement on Thursday, Ross Cranston, a judge of the Business and Property Courts of England and Wales, granted Nigeria’s application for an extension of time […]

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Zenith Bank posts N346bn H1’20 gross earnings

Zenith Bank Plc has announced its unaudited results for the half year ended June 30, 2020, with gross earnings rising by 4.37 per cent from N331.586 billion in March 2019 to N346.088 billion. From the unaudited statement of account which was presented to the Nigerian Stock Exchange(NSE) yesterday, thebank reported profitaftertaxof N103.826billionfromN88.882 billion, accounting for […]

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NAMA, NCAA issue NOTAM circular for int’l flights

To ensure that international flights resumed on September 5, the Nigerian Airspace Management Agency (NAMA) has issued Notice To Airmen (NOTAM) for air traffic control clearance. Managing Director of NAMA, Capt. Fola Akinkuotu, said NOTAM was issued immediately a circular was received from the Nigerian Civil Aviation Authority (NCAA) yesterday, adding that the “NOTAM takes […]

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774,000 jobs: No BVN, no payment, FG insists

The Federal Government has insisted that successful applicants for the 774,000 jobs under the Special Public Works Programme must have a Bank Verification Number (BVN) to be paid their wages. Minister of State for Labour and Employment, Festus Keyamo (SAN), made this known yesterday in Abuja, during a press conference jointly addressed alongside the Director […]

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Fayemi: Govs’ll take over COVID-19 response

The Nigerian Governors’ Forum (NGF) has challenged state governments to prepare to take ownership of the COVID- 19 response. NGF Chairman, Dr. Kayode Fayemi, in a communiqué at the end of 16th virtual meeting of the forum on Wednesday, said the Chairman of the NGF sub-committee interfacing with the Presidential Task Force (PTF) on COVID-19, […]

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S&P affirms Nigeria’s ‘B-/B’ ratings with stable outlook

Leading credit rating agency, S&P Global Ratings (previously Standard & Poor’s), has affirmed its ‘B-/B’ long and short-term sovereign credit ratings on Nigeria, with a stable outlook. The rating agency also affirmed its long and short-term Nigeria national scale ratings at ‘ngBBB/ ngA-2’. In its latest report on Nigeria obtained by New Telegraph yesterday, S&P […]

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Judicial officers’ neglect’ll make Nigeria suffer – CJN

23 judges collect N150m each in place of duplex Chief Justice of Nigeria (CJN), Justice Tanko Muhammad, has declared that the country will suffer grave effect if judicial officers are consistently deprived of requisite infrastructure. Muhammad stated this at the inauguration of 20 four bedroom duplexes built for Judges of Rivers State origin serving both […]