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NAHCON: 900 Nigerian pilgrims absconded after 2017 hajj

The National Hajj Commission of Nigeria (NAHCON) on Saturday revealed that 900 Nigerians absconded after the 2017 hajj.

Nigeria imports $5.8bn worth of petrol to tackle fuel crisis

The Nigerian National Petroleum Corporation (NNPC) says it has imported 9.8 million metric tons of Premium Motor Spirit (PMS) worth $5.8 billion to combat the fuel crisis that resurfaced since late last year.

Maritime University gets NUC’s approval – Presidency

The Presidency on Wednesday said the Maritime University, Okerenkoko, Delta State, has finally been granted approval by the National Universities Commission.

Why NIPP privatisation was not concluded on schedule – Ex-NDPHC chief

He also described as false repeated claims by some experts that the NIPP generation plants were mostly conceived and built with little or no thoughts for stable gas supply to them, hence their challenges with accessing gas to run.

Federal govt inaugurates panel to probe NSITF N62.3bn fraud

The Federal Government has inaugurated a nine-man administrative panel of enquiry into the N62.3 billion fraud in Nigeria Social Insurance Trust Fund (NSITF).

Japans gives $700 million loan to AfDB

The Japan International Cooperation Agency (JICA) has signed a $700.9 million loan agreement with the African Development Fund (ADF).

Ogun lawmaker slams colleagues over express approval of ‘frivolous’ loans

A member representing Ogun Waterside State Constituency in the Ogun State House of Assembly, Adeyemi Harrison, has carpeted his fellow lawmakers, especially those from Ogun East and West Senatorial Districts, for giving express approval to “frivolous” loan requests by the state governor.

Why issuance of IPOs was poor in 2017 – experts

Some financial experts on Wednesday attributed the disappearance of Initial Public Offerings (IPOs) on the Nigerian Stock Exchange (NSE) in recent years to the poor state of the economy.

Theresa May eyes ‘golden era’ with China as Brexit looms

China and Britain touted their "golden era" of relations on Wednesday as Prime Minister Theresa May visited Beijing to strengthen her country's global trade links before its contentious divorce with the European Union.

Aliko Dangote donates N1.2 billion structure to business school in Bayero University

In his avowed commitment to encouraging entrepreneurship in the country as a way out of the economic doldrums, Nigeria’s business magnate, Aliko Dangote, is donating another N1.2 billion structure for running of the business school in Bayero University, Kano (BUK).

Senate vows to provide legislation to develop education sector

President of the Senate, Dr Bukola Saraki, on Tuesday assured that the chamber would be resolute in providing necessary legislation for the development of the country’s education sector.

Financial inclusion: Central bank inaugurates 14-member steering committee in Jigawa

Jigawa Government and Central Bank of Nigeria (CBN) on Friday announced a financial inclusion partnership scheme to encourage and promote economic independence for people of the state, especially the poor.

The dilemma of subsidy and fuel scarcity

Inexplicably however, fuel price has not only almost doubled from N87 to N145/litre, but worse still, scarcity often remains untamed while government appears impervious to the related significant loss in productivity and the social pain induced by serious supply shortages.

Uber investors agree to sell stake in SoftBank deal

Uber Technologies Inc. shareholders have agreed to sell a sizable stake in the ride-hailing leader to an investor group led by SoftBank Group Corp allowing the Japanese conglomerate to amass a piece of the company at a steep discount to the last valuation.

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Federal govt uncovers more prominent tax defaulters

The Federal Government has identified fresh defaulting taxpayers and dispatched letters to them to take advantage of the Voluntary Assets and Income Declaration Scheme in regularising their tax status.

Manchester City’s Pep Guardiola to wear yellow ribbon at Carabao Cup final against Arsenal

The City manager was charged by the FA on Friday for "wearing a political message," which is in breach of the English governing body's kit regulations.

DPR seals three stations for hoarding petrol in Plateau

The Department of Petroleum Resources, DPR, Jos Field Office, which discovered over 40, 000 litres of petrol hoarded by independent Marketers in Mangu Local Government Area of Plateau State, has ordered its sale at regulated price to members of the public. It also sealed three fuel stations in Jos South and Mangu LGA, for operating illegally.

Senator Ekweremadu: Dapchi girls possibly starving, ill in the forest

Deputy President of the Senate, Senator Ike Ekweremadu, says the abduction of Dapchi schoolgirls is one of the signs that Nigeria is facing difficult times under the Buhari administration, saying they were possibly ill and starving in the forest.

Governor Gaidam offers jobs to 38 Yobe State University first class graduates

Governor Ibrahim Gaidam has offered jobs to 38 first class graduates of the Yobe State University (YSU).

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NSCDC intercepts two trucks in Kano for petrol diversion

Operatives of the Nigerian Security and Civil Defense Corps (NSCDC), Kano State Command, have intercepted two trucks laden with 85,000 litres of petrol while trying to divert the product.

Governor Ahmed’s wife establishes anti-cancer clubs in tertiary institutions

The wife of Kwara governor, Mrs Omolewa Ahmed, has promised to support students to establish anti-cancer clubs in tertiary institutions in the state to jointly wage war against the scourge in the country.

Australian deputy premier steps down over extra-marital scandal

Embattled Australian Deputy Prime Minister Barnaby Joyce said Friday he would step down on Monday following a scandal which began when a newspaper revealed he had impregnated an ex-staffer during an extra-marital affair.

Mofe Pirah: Three modular refineries to begin operation in Delta December

Delta State Commissioner, Ministry of Oil and Gas, Mofe Pirah, has given indication that three out of the four envisaged modular refineries in Delta located at Kwale, Okpai and Sapele with 10,000 bpd capacity upon getting approval will commence construction hopefully before the end of this year.

President Buhari orders 24-hour monitor for Dapchi schoolgirls

President Muhammadu Buhari said his government has sent more troops and surveillance aircraft to the entire North East territory on a 24-hour basis, to recover the schoolgirls abducted from the Government Girls Technical College, Dapchi in Yobe State.