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Russia delivers missile defence system to Turkey, in test of NATO
Russia began delivery of an advanced missile defense system to Turkey on Friday, a move expected to trigger U.S. sanctions against a NATO ally and drive a wedge into the heart of the Western military alliance.
Investors lose N265 billion as stock market falls further
Investors in the equities market of the Nigerian Stock Exchange saw the value of their investments decline by N265bn on Thursday.
SEC urges defunct Skye bank investors to claim dividends
The Securities and Exchange Commission, SEC, has again reiterated its earlier directives to shareholders of defunct Skye bank to claim their dividend payment.
Night work: Power cuts add to Zimbabwe’s mounting woes
Zimbabwe's worsening electricity shortages mean power is often only available for a few hours in the middle of the night - forcing furniture maker Richard Benhura to start work at 23:00.
Naira closes at N359.5 per dollar at parallel market in Lagos
The Naira on Tuesday closed at N359.5 to a dollar at the parallel market in Lagos, newsmen reports.
Central bank: External reserves stand at $45 billion as at June
The Central Bank of Nigeria (CBN) says the country’s external reserves now stand at 45 billion dollars as at June, 2019.
Dollar struggles after biggest weekly drop in four months
The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States and China at this week’s G20 summit.
Governor Ikpeazu: We’ll create 700,000 new jobs to address insecurity in Abia
Governor Okezie Ikpeazu of Abia has said that 700,000 new jobs would be created in the state in the next 10 years as part of deliberate efforts to address the challenges of insecurity and socio-economic unrest.
Airtel Africa wants to sell shares to Nigerians
The second largest telecommunications group in Africa, Airtel Africa Plc, is set to sell its shares to Nigerian investors at between N363 and N454 per share.
Ex-President Obasanjo: Nepotism is corruption
Former President Olusegun Obasanjo has lamented that nepotism in Nigeria is obstructing the fight against corruption.
Nigerian envoy slams Ghanaian media for demonising Nigeria
The High Commission of Nigeria in Ghana has denounced the selective malignment of Nigerians resident in that country by the media.
Benue to rehabilitate rural roads or easy transportation of agricultural produce
Benue State government said it has completed modalities for the development and rehabilitation of 500 kilometers of rural roads across the state.
Central bank quashes talk of change to exchange rate policy
Nigeria’s central bank said it made no change to its naira policies, after a revision on its website led some analysts to speculate that it was ending a system of multiple exchange rates.
Stock market investors lose N533 billion in seven days
Investors in the nation’s stock market lost N533bn in the last seven trading sessions as bearish sentiment persisted in the market.
Police deny siege by herdsmen in Ogun
The Ogun State Police Command on Wednesday said the state was safe for residents, visitors and investors, adding that nobody could put it under siege.
Oando saga: Operators seek federal government intervention, laud SEC’s audit outcome
Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc.
MTN Nigeria arranging naira funding as it prepares for listing
MTN Nigeria is arranging local currency financing, the telecoms company said in presentation to investors as part of its stock market listing.
Babajide Sanwo-olu’s administration tasked on rural development
Concerned Nation Builders Initiative (CNI), an NGO, has urged the incoming administration of Lagos state, under the leadership of Babajide Sanwoolu, the Governor-elect, to take rural development as top priority.
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Security breach: FAAN suspends aviation security unit heads in Lagos
Federal Airports Authority of Nigeria (FAAN) has suspended indefinitely, the Aviation Security Unit Heads who were on duty when an unidentified man climbed an Azman aircraft at Lagos airport on Friday morning.
Governor Abiodun vows to reposition state university teaching hospital
The Governor of Ogun State governor, Prince Dapo Abiodun, has expressed the determination of his administration to reposition the Olabisi Onabanjo University Teaching Hospital to a world class medical facility.
Odunayo Adekuoroye targets Africa Games, 2020 Olympic gold
Reigning Commonwealth champion, Nigeria’s Odunayo Adekuoroye has set a gold medal target for herself at both the Tokyo 2020 Olympic Games and next month’s Africa Games billed for next month in Morocco.
Transporters protest incessant killings on Rivers highway
Transporters plying the Elele-Omudioga-Omoku route and its environs led by the Rivers State chapter of National Union Road Transport Workers on Thursday embarked on peaceful protest over incessant robbery attacks, kidnapping of commuters and the attendant loss of lives and property.
Zlatan Ibrahimovic nets hat trick in upset win over LAFC
Zlatan Ibrahimovic lived up to the bravado on Friday, scoring all three goals to power the LA Galaxy to a hard fought 3-2 victory over MLS rivals Los Angeles Football Club.
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Kano guber: 500 witnesses to testify for Governor Ganduje at tribunal
Over 500 witnesses are to appear before Kano state Governorship Election tribunal presided by Justice Halima Shamnaki in defense of the March 2019 governorship elections won by Abdullahi Umar Ganduje of the All Progressive Congress (APC).
Governor Ganduje appoints heads of agencies
Governor Abdullahi Ganduje of Kano State has approved the appointment and reappointment of heads of government agencies and departments in the state.
Afcon: Tunisia’s Mouez Hassen, Youssef Msakni ruled out of Nigeria clash
Tunisia goalkeeper Mouez Hassen and captain Youssef Msakni have been ruled out of the 2019 Africa Cup of Nations third/fourth-place playoff against Nigeria on Wednesday.
Governor Matawalle applauds Speaker Gbajabiamila for appointing Zamfara indegene as chief of staff
The Zamfara State Governor, Dr. Bello Matawalle, has commended the Speaker House of Representatives, Rt. Hon. Abdulhakeem Olufemi Gbjabiamila, for his nationalistic approach over the honour done to the state in the appointment of former Speaker of the Zamfara State House of Assembly, Alh. Sanusi Garba Rikiji, as his Chief of Staff.
Afcon: Cameroon sports minister wants Clerence Seedorf sacked after tournament ‘failure’
Cameroon's Sports and Education Minister Narcisse Mouelle Kombi has called for national team head coach Clarence Seedorf to be relieved of his job following their disappointing Africa Cup of Nations (Afcon) campaign in Egypt.