Dangote Sugar Refinery rewards shareholders with N12.147bn dividend
…..restates commitment to FG’s backward integration policy Dangote Sugar Refinery Plc has restated its commitment to the achievement of Sugar Backward integration projects, describing it as the best thing that happened…
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Oyo Senator resigns from PDP, defects to APC
Senator representing Oyo South Senatorial District, Kola Balogun, has formally defected from the People’s Democratic Party (PDP) to the ruling All Progressives Congress (APC). Balogun’s notice of defection was contained…
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Selloffs: Stock market drops N183bn
The stock market closed on Wednesday negative as the market capitalisation decreased by N183 billion to N28.451 trillion from N28.634 trillion. The All Share Index (ASI) also declined by 0.64…
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Akeredolu reiterates commitment to quality healthcare delivery for residents
Governor Oluwarotimi Akeredolu of Ondo State has restated his government’s commitment to provision of qualitative healthcare delivery for the overall wellbeing of the people of the state. The governor also…
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NERC: Mass metering phase one starts in August
The Nigerian Electricity Regulatory Commission (NERC) says it will begin the second phase (Phase One) of the National Mass Metering Programme (NMMP) in August 2022. The electricity sector regulator also…
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Group lauds Gov Makinde’s giant strides in Oyo
A sociopolitical group, Omituntun Initiative in the Diaspora (OID) has lauded Governor Seyi Makinde-led administration in Oyo State, for the massive developmental projects executed across the state in three years.…
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FRSC achieves 15% reduction in road crashes
……in Lagos Sector Command The Federal Road Safety Corps (FRSC) says it has achieved a 15 per cent reduction in road crashes within the Lagos State Sector Command. The FRSC…
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Police rescue 35 underage girls from sex slavery
……..in Anambra Police in Anambra State have rescued 35 teenagers aged between 14 years and 17 years who were allegedly being used as sex slaves. DSP Toochukwu Ikenga, police spokesman…
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Naira records gains marginally, exchanges at 420 to dollar
The Naira on Wednesday appreciated at the Investors and Exporters window, exchanging at 420 to the dollar, a 0.18 per cent appreciation against N420.75 on Tuesday. The open indicative rate…
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NBS: Nigeria’s inflation rate increases to 17.71% in May 2022
The National Bureau of Statistics (NBS) says Nigeria’s inflation rate increased to 17.71 per cent on a year-on-year basis in May. This is according to NBS Consumer Price Index(CPI) and…
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