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#PanamaPapers: ActionAid demands probe of Saraki, David Mark, others

Anti-poverty campaigner, ActionAid Nigeria, has called on Nigerian authorities to investigate Nigerians whose name appeared in the #PanamaPapers. In a statement signed on Thursday by its policy and campaign director, Tunde Aremu, the agency said “the federal government owes Nigerians and the nation the responsibility of investigating Nigerians mentioned in the new revelations on individuals and corporates operating secretive offshore ...

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Election spending may threaten food supplies, price stability!

The nation’s price stability remains heavily exposed to domestic shocks that may arise post-harvest season, coupled with festive and election spending, which would hit top gear sooner. This is coming despite the sudden marginal drop in inflation in October, which beat expectations, settling at 11.26 per cent from 11.28 per cent in September. While analysts believe that the threat of ...

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Kano, Gates, Dangote Foundations Appraise State’s 2018 Health System Programme

– As Kano gets 67% of agreed 2018 milestones For the purpose of strengthening health care delivery system for optimal benefit in Kano state, the state government, Bill Melinda Gates and Dangote Foundations held a teleconferencing discussion, Tuesday, at 2018 end of year review, at Africa House, Government House, Kano state. The trio-discussion assessed how the health care sector paired ...

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Sustaining Debts is hinged on private sector, investments

Citing inconsistencies in population growth rate and the pace of the economy, stakeholders in the private sector have raised concerns about the sustainability of Nigeria’s debt profile considering the level of development in the real sector and other key drivers of the economy. Indeed, they noted that Nigeria’s debt profile may increase if managers of the economy do not address ...

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#Corruption: Buhari seeks stiffer sanctions for corrupt persons

PRESIDENT Muhammadu Buhari yesterday said the sanctions of jail terms for illicit financial flow was no longer sufficient to fight the menace. President Buhari who stated this while delivering a speech on “Illicit Financial Flows (IFFs) and Corruption: The Challenge of Global Governance” at the Peace Forum, in Paris, France, said stringent actions should be taken against perpetrators of illicit ...

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Nigerians to pay more for JAMB, driver’s licence under new TSA tariff model

The service charge on all transactions to be paid into treasury single account (TSA) of the federal government will be borne by payers, under the newly-announced model. This means the payment to enroll for the Joint Admissions and Matriculation (JAMB) exams, to obtain a driver’s licence and other government transactions has increased from November 1. The new tariff regime was ...

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Reps approve Buhari’s request for $82 million Eurobond, call for revenue diversification

The House of Representatives on Tuesday approved the request by President Muhammadu Buhari for $82.54 million to refinance the balance of $500 million matured Eurobond in the international capital market. The approval was made after the chairman of the Committee on Aids, Loans and Debt Management, Adeyinka Ajayi, presented the report of the committee to the House. President Buhari had ...

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EFCC seizes N1.1b gold at Abuja airport, goes after four suspects

The Economic and Financial Crimes Commission (EFCC) has seized gold worth about $3, 131, 412.39 (N1, 127, 308, 460.39) being allegedly exported to Dubai, United Arab Emirates, illegally. It named one Abba Ali Yahaya as the brain behind the deal. Apart from impounding his passport, about €112,000 undeclared by Abba, has also been forfeited over alleged violation of the nation’s ...

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FG to commence N5000 cash transfer through NIPOST in Benue, Anambra, Nasarawa

The Federal Government would soon commence payment of N5, 000 to vulnerable Nigerians in three states using the newly introduced financial services of the Nigeria Postal Services (NIPOST) for the cash transfer. The government said the package is under the present administration’s social welfare programme to help the poor and the needy in the society. Under the new contract, NIPOST ...

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Apply for the N3 Million FirstBank Innovate Hackathon for AI and Big Data Solutions

One of Nigeria’s leading financial institutions, FirstBank is set to hold its first ever ‘Innovate Hackathon Challenge’. The 2-day hackathon scheduled for October 11 – 12, 2018, is in a bid to intensify technological progress in the financial sector. The FirstBank Innovation challenge is aimed at leveraging top-notch digital technology in improving the banking processes and delivering quality value to customers. This ...

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