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China Unicom to raise $11.7bn from private firms

Telecoms group China Unicom said it is raising $11.7 billion from investors including tech giants Alibaba Group and Tencent Holdings, as part of Beijing’s push for state-owned enterprises to be revitalized with private capital.

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Man arraigned over theft of N1.2 million property

A 35-year-old man, Adedapo Obalola, was yesterday arraigned before an Ikeja magistrate court, Lagos, for allegedly collecting N1.2 million under the pretext he would secure a client, Kemi Fawole, a residential apartment.

Court releases two suspects after 14 months awaiting trial

Two suspects allegedly nabbed with stolen NITEL cables have been discharged from the Ikoyi prisons after spending 14 months awaiting trial.

I pay the house rent yet he beats me, disrespects my family – Women tells...

A 26-year-old woman, Alamu Fatima, yesterday told a customary court sitting at the Agege Local Government Council that though she bore the rent for the apartment where she was residing with her husband, he has been maltreating her.

Emmanuel Jime: NEPZA generates $80 billion

Managing Director, Nigeria Export Processing Zones Authority (NEPZA) Mr Emmanuel Jime, has said that the organization attracted over $80 billion into the economy since inception and contributed to over 60 percent of the entire foreign direct investment that Nigeria attracts.
Mary Uduk

Capital market committee approves plan to introduce e-IPO

The Nigerian capital market would soon introduce the electronic initial public offer (e-IPO) system in the country, the Securities and Exchange Commission (SEC) announced on Wednesday.