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Category: Economic

Jonathan Achievements Despite Insurgencies.

By Adeola philz President Goodluck Jonathan has disclosed some of his achievements since assuming office as the president of the country, promising to do more. He took to his verified facebook page (Goodluck Jonathan) to announce to his followers totalling

Danish woman latest romance scam victim

A local man has been arrested for allegedly obtaining US$100 000 from a Danish woman in a romance scam. Operatives of the Economic and Financial Crimes Commission (EFCC) apprehended Emeofa Michael Ikechukwu for allegedly duping Hengameh Misepasi. Ikechukwu, alias Michael

President; Tells lagosians They now enjoy better Railway system

President Goodluck Jonathan says his administration has transformed the railway system, adding that the people of Lagos now enjoy train rides in air-conditioned coaches. The President said this in a Facebook post onSunday. Jonathan, who described the feat as a

N500m refund: Ladoja demands N10bn from Ajimobi

JANUARY 15, 2015 BY OLUFEMI ATOYEBI, IBADAN 2 Comments Former Oyo State Governor Rashidi Ladoja has demanded N10bn in damages from the state Governor Abiola Ajimobi over a claim by the governor that the ex-governor refunded N500m, which he had

Army repels attack in Borno state

Some insurgents were killed, the army said after the militants were driven back. Local people told the BBC they had seen the militants retreat and calm had been restored. The attack came after three people were killed in a suicide

[Full text] President Jonathan’s new year broadcast speech

Goodluck Ebele Azikiwe Jonathan Dear Great People of our nation, 1.         I greet and felicitate with you all as we enter the New Year today. As we mark the beginning of this New Year, 2015, a new nation is being born. 

German August industry output plunged — Report


German industrial output plunged in August at its steepest rate since the height of the financial crisis and the International Monetary Fund cut its German growth forecast, raising further concern that Europe’s largest economy is running out of steam marketers

Skye Bank to acquire Mainstreet Bank for N126bn

Skye Bank Skye Bank Plc has emerged the preferred bidder for Mainstreet Bank Limited while Cedar One Investment Partners Limited and. Fidelity Bank Plc emerged as the 1st reserve bidder and the 2nd reserve bidder. Vanguard investigation revealed that Skye

Tax evasion: Reps set to probe Shell over N700bn gas project

The House of Representatives his set to commence investigation into an alleged N7 billion tax evasion by Shell in the latter’s N700 billion gas project. The probe, according to the chamber would begin in a forthright when it would resume

Nigeria ranked 127 out of 144 in global competitivene


The World Economic Forum, WEF, yesterday released the 2015 Global Competitiveness Index, GCI rankings, in which Nigeria ranked 127 of the 144 countries assessed.In a sharp and strongly- worded reaction to the ranking, the National Competitiveness Council of Nigeria, NCCN,

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