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All state capitals to be linked by rail – President Buhari

President Muhammadu Buhari, on Thursday, in Kaduna, assured that all economic zones in the country as well as state capitals, would be linked by rail.

ICRC to collaborate with Shippers’ Council on dry ports’ funding

The Infrastructure Concession and Regulatory Commission, ICRC, is to collaborate with the Nigerian Shippers’ Council, NSC, to make Inland Dry Ports (IDPs) bankable and be attractive to more concessionaires.

US companies contributed N34 billion to Nigeria’s tax revenue – survey

A recent Economic impact survey of United States companies operating in Nigeria has shown that such business interests contributed over N34.4 billion to the nation’s tax revenue in 2016.

Concessionaire injects N9.6 billion to overhaul 80mw Kainji power turbine

Concessionaire of Kainji and Jebba Hydro Electric plants, Mainstream Energy Solutions Limited (MESL), has injected a fresh $26 million (about N9.360 billion) into the Kainji Hydro Power Plant to rehabilitate its Hydro Turbine Generator unit 1 G 7.

Bitcoin surges past $10,000

Bitcoin is now worth over $10,000. The cryptocurrency, which crossed the milestone for the first time since its creation in 2008, surged past $10,000 on Tuesday evening as it climbs toward $11,000, according to research site CoinDesk.

Narrow gauge lines: General Electric investing $2.7bn on infrastructure, maintenance – Rotimi Amaechi

The Minister of Transportation, Mr Rotimi Amaechi, on Saturday said General Electric was investing $2.7bn on infrastructure, Operation and Maintenance of the entire narrow gauge lines concession.

Minister Babatunde Fashola refutes allegations of fraud, diversion of $350m

The Minster of Power, Works and Housing, Babatunde Fashola, has said that there was no fact in the allegation of diversion of 350 million dollars levelled against him and the ministry.

Senate summons Babatunde Fashola over alleged $35 million spendings

The Senate on Wednesday began an investigation into the alleged plan by the Ministry of Power, Works and Housing to secure the release of $350m domiciled in the Nigerian Sovereign Investment Authority to finance electricity projects.

Senate beams searchlight on alleged $1.35bn power sector fraud

The Senate is set to commence an investigation into an alleged $1.35 billion fraud in the power sector.

Senator Dino Melaye accuses power ministry of squandering $385 million

The senator representing Kogi West, Dino Melaye of the All Progressives Congress, on Thursday called the attention of the Senate to alleged “monumental fraud” in the Ministry of Power, Work and Housing headed by Babatunde Fashola.

Oil price jumps to $57.8

Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq.

General Electric states condition for investing in DisCos

The management of General Electric (GE), has set a fresh condition for it to invest in the Electricity Distribution Companies (DisCos).

Yemi Osinbajo, Tony Elumelu, John Rice seek youth development at summit

Nigeria’s Vice President Yemi Osinbajo and industrialist Tony Elumelu, on Tuesday set the tone for the growth of the country by suggesting capacity development for the energetic youth population of the country.

Over 50m northerners living in poverty – Governor Shettima

Governor Kashim Shettima of Borno State, yesterday, said over 50 million Nigerians of northern extraction live in poverty.

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President Buhari: I’ll take decisions with clear conscience

President Muhammadu Buhari on Monday promised Nigerians that he will be guided by a clear conscience while taking decisions for the progress of the country.

We’ve won victory for public education – Governor el-Rufai

Governor Nasir el-Rufai of Kaduna state has said the state had secured a major victory for public education, defeating an indefinite strike by the Nigeria Union of Teachers (NUT) without recalling any of the sacked teachers.

Barcelona announce Rafinha loan to Inter Milan

Barcelona have announced an agreement with Inter Milan over the loan of Rafinha for six months, the La Liga leaders announced Monday.

WHO donates 853 motorcycles to Nigeria

The World Health Organisation, WHO, has donated 853 motorcycles to the Nigerian government to improve disease surveillance in the country.

Five facts on Alexis Sanchez

Alexis Sanchez’s long-running transfer saga finally ended on Monday when he left Arsenal for Manchester United in a deal that will reportedly make him the highest-paid player in the Premier League.

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N20m national jackpot winner gets cheque

Mr Chukwunwike Osahon, winner of the N20 million Give ‘n’ Take National Jackpot was presented with the cheque on Tuesday.

Benue needs military operations – Bishop Ezeokafor

The Catholic Bishop of Awka Diocese in Anambra State, Most Reverend Paulinus Ezeokafor, said yesterday that the situation in the troubled Benue State required special intervention from security operatives in the mould of Operation Python Dance carried out in the South East and Operation Crocodile Smile in the South–South combined.

Three killed by suspected rebels in eastern DR Congo

Suspected Ugandan Islamist rebels killed three civilians in eastern Democratic Republic of Congo, despite an offensive by government troops, sources said on Monday.

Planned recall of Kwara Assemblyman will not succeed – APC

The All Progressives Congress (APC) in Kwara state has described the recent move to recall a member of the state House of Assembly, Hassan Oyeleke, as amateurish.

Court nullifies installation of 21 kings by Governor Ajimobi

An Oyo State High Court presided over by Justice Olajumoke Aiki on Friday declared the review of the 1957 Olubadan Chieftaincy Declaration and other Related Chieftaincies in Ibadan land by the Justice Akintunde Boade Review Commission, which was set up by the Oyo State Government, as unconstitutional, illegal, null, void and of no effect.