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The Ogun State Governor, Prince Dapo Abiodun has reaffirmed that no criminal will have a place to stay in the state which he governs with the kind of strategy that is being put in place by the state government in curbing and wiping out crimes in the state.

Governor Abiodun goes after foreign investors

In keeping with his promise on assumption of office in May 2019, the Ogun governor, Prince Dapo Abiodun, has continued to secure foreign investments for the state.
The Supreme Court is shielding President Donald Trump's financial records from House Democrats for now.

Iran first ‘casualty’ of new US visa restriction targeting Nigeria, others

The Trump administration is barring Iranian investors and business people from entering or staying in the United States on certain types of visas.’

Governor Ugwuanyi: Enugu can thrive without federal allocations

Gov. Ifeanyi Ugwuanyi of Enugu State says his administration can thrive without revenues from the Federal Allocations.
Myanmar President Win Myint, right, and Chinese President Xi Jinping review an honor guard during a welcome ceremony at the presidential house in Naypyidaw, Myanmar, on Jan. 17. (Nyein Chan Naing-EPA-EFE-Shutterstock)

China, Myanmar ‘stand together’ despite Rohingya backlash

China and Myanmar inked dozens of mammoth infrastructure and trade deals after a meeting Saturday between President Xi Jinping and fallen rights icon Aung San Suu Kyi, as Beijing doubles down on its support for a government under fire for its treatment of Rohingya Muslims.
Dangote Group founder Aliko Dangote

Africa’s richest man to diversify investments

Top billionaires across the world diversify their investments to countries with strong and rising currencies to avoid asset erosion.
Donald Trump

Oil, gold prices soar, equities tumble as Donald Trump tweets war

Oil prices surged, gold hit a more than six-year high and most equities tumbled Monday after the US assassination last week of a top Iranian general fanned fears of a major conflict in the Middle East.

Kaduna explosion: DPR to prosecute illegal gas operators

The Department of Petroleum Resources (DPR) has threatened to sanction all unlicensed LPG retail outlets and operators with stiff penalties.
Along with Benin, Niger, which shares a 1,500-kilometre (900-mile) border with Nigeria, has been badly hit by the closure of Nigeria’s border.

Border closure: Businesses’ll continue to suffer – OPS

As the Federal Government says there is no terminal date for the reopening of the borders with its West African neighbours, the organised private sectors have said that exporters and businesses will continue to suffer.

Investors stake N15.5 billion on equities ahead of Santa Claus rally

The momentum of activities at the Nigerian equities market has increased as investors opened up more orders in early positioning for the often-expected Santa Claus rally. Investors staked N15.5 billion on 1.38 billion ordinary shares in 14,528 deals last week, 32.3 per cent increase on total turnover volume of 1.04 billion ordinary shares valued at N14.63 billion in 14,974 deals traded in the previous week.

Electricity workers threaten to resume suspended strike

Workers under the aegis of National Union of Electricity Employees (NUEE) have threatened to resume their recently suspended nationwide strike if the government fail to implement agreement reached with them
Governor David Nweze Umahi

Chinese investors to set up manufacturing plants in Ebonyi

A team of Chinese investors have arrived Ebonyi State to commence action on the establishment of factories for the manufacturing of high quality furnitures, shoes, electric bulbs and building tiles among others.

T-bills: Federal government to pay investors N847.43 million in Q1 2020

The Federal Government is scheduled to pay N847.43m to investors in the first quarter of 2020 as treasury bills mature.

US court acquits Lebanese businessman in Mozambique fraud scandal

Bribery accused Lebanese businessman Jean Boutsani was on Monday acquitted by a US court in a case that plunged Mozambique into its worst-ever financial crisis following a trial which he implicated the country's president, Filipe Nyusi.

FERMA: Poor Fufding limiting road maintenance

The Federal Road Maintenance Agency (FERMA) on Monday lamented that poor funding of the agency is limiting the maintenance of roads in the country.

$60 billion forex cash keeps Naira stable for 29 months – central bank chief

The $60 billion inflows from the Investors’ and Exporters’ Foreign Exchange (I&E Forex) Window has contributed to the sustained stability of the naira against world currencies for the last 29 months, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has said.

Oil falls as US rights bill fuels tensions with China

Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose and President Donald Trump signed into law a bill backing protesters in Hong Kong, fueling tensions with China.

Egbin’s output drops to 600Mw to deepen power sector woes

Nigeria’s biggest power station, Egbin, with output capacity of 1320 megawatts (Mw), currently produces 600Mw due to what the Group Managing Director of Sahara Power Group, owners of Egbin, Mr. Kola Adesina, described as “system issue.”

Federal government to review supply of meters’ scheme over infractions

There is a looming policy summersault in the nation’s troubled power sector over ongoing Meter Asset Provider (MAP) scheme initiated by the Federal Government recently.

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The Federal Government has approved the appointment of Prof. Ikpeme Ikpeme as the new Chief Medical Director (CMD), University of Calabar Teaching Hospital, Calabar, Cross River.

Panic as two ‘Lassa fever’ cases reported in Calabar

There was trepidation, Monday among residents of Calabar, the Cross River State capital over reported case of Lassa fever at University of Calabar Teaching Hospital, UCTH.

Lagos to begin full enforcement of ban on Okada, tricycles February 1

Lagos State Commissioner for Information and Strategy, Gbenga Omotosho, has disclosed that the state would from February 1, commence full implementation of the ban on all motorcycles and tricycles in some major parts of the metropolis.
The inauguration of the much-talked about South West security outfit, Operation Amotekun, is about to begin at the Oyo State Governor’s Office, State Secretariat in Agodi, Ibadan.

Amotekun a covert effort to Christianise Southwest Nigeria – Muslim group

A Muslim group, Supreme Council for Sharia in Nigeria has described the Western Nigeria Security Outfit tagged “Operation Amotekun” has a subtle effort to Christianise the region.
Yoruba World Congress (YWC), an umbrella body of all Yoruba socio-cultural groups, has threatened to hold a peaceful protest in support of the recently launched Western Nigeria Security Network code-named Amotekun.

Osun government, Muslim group disagree over Amotekun

A Muslim group, Supreme Council for Sharia in Nigeria has described the Western Nigeria Security Outfit tagged “Operation Amotekun” has a subtle effort to Christianise the region.
All Progressives Congress (APC) Nigeria

Ondo council poll: 101 APC aspirants vie for 18 chairmanship seats at screening

No fewer than 101 aspirants on the platform of All Progressives Congress, Ondo State are vying for the 18 chairmanship seats in the ongoing screening exercise of the party in Akure, the state capital in preparation for the April 18, 2020 local government election.