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Day: April 4, 2024

Wike appoints Tamuno MD Abuja Investment Company

The director also announced the termination of the contract of Messrs Integrated Facility Management Services Limited. The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has appointed Amb. Maureen Tamuno is the new Managing Director of Abuja Investment Company Limited. Anthony Ogunleye, Director of Press, Office of the Minister, who disclosed this in a…

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Naira maintains surge, gains 0.62% at official market

Meanwhile, at the Investor’s and Exporters (I&E) window, the Naira traded between ₦1,294 and ₦1,200 against the dollar. The Naira gained at the official market as it traded at ₦1,255.07 to a dollar on Thursday, April 4, 2024. Data from the official trading platform of the FMDQ revealed that the Naira gained ₦7.78. This represents…

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Edo community disturbed as DELSU student disappears after going to farm

Johnbull said they had to inform neighbouring vigilance groups after spending the night inside the bush but without result. The community of Iru Egbede in Orhionmwon Local Government Area of Edo is disturbed over the alleged disappearance of a 200-level undergraduate of Delta State University (DELSU), Faith Omodon. The News Agency of Nigeria (NAN) reports…

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No emergency response as police escort dies inside Kaduna-Abuja train

A witness said the deceased was hale and hearty before he left home but died on the train after suddenly developing chest pain. Passengers on an Abuja-Kaduna train were thrown into a state of confusion as one of the escorts attached to the train lost his life midway through a trip on the morning of…

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Kano govt bans cross-dressing, display of hooliganism in films

El-Mustapha urged the Kano residents not to hesitate to report to the censorship board any film or publication that contravenes the law. The Kano Government has slammed an outright ban on cross-dressing and hooliganism depiction in films produced in the state. The decision comes after a public uproar about the content of certain films deemed…

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ECOWAS faces threat of disintegration, Tinubu pleads for unity

Tinubu also stated that Nigeria, as the host of the community’s institution, would continue to support the Parliament to achieve its objectives. President Bola Tinubu has tasked ECOWAS member states to strengthen ties and reject forces bent on causing division within the community. He made the call at the inauguration of the Sixth Legislature of…

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Lagos-Calabar Coastal Road: LASG promises timely compensation to victims

The commissioner assured the people that the state government would not leave them to bear the burden alone. The Lagos State Government has urged stakeholders in Iru Land to give their utmost cooperation ahead of the construction work on the Lagos-Calabar Coastal Road. This is stated in a statement issued on Thursday by the Lagos…

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Eti-Osa residents protest, want council chairman suspended over ₦1.9bn fraud

Receiving the protesters, Adebola Sabi, representing Lagos Mainland II, said the Assembly under the leadership of Mudashiru Obasa, would see to the matter. Residents of Eti-Osa East Local Council Development Area (LCDA) on Thursday staged a protest at the Lagos State House of Assembly complex over alleged misappropriation of N1.9billion by John Ogundare, the council…

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Wike remains optimistic that Nigeria will come out of current turmoil

He said that nobody could govern without the backing of God, stressing that it was important for every leader to know this. Nyesom Wike, Minister of the Federal Capital Territory (FCT), has expressed optimism that Nigeria would come out of its current turmoil even stronger. Wike gave the assurance when the Methodist Prelate, Most Rev….

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5 top sources of Nigeria’s foreign debt

Nigeria’s public debt is estimated at ₦97.34 trillion ($108.23 billion). Nigeria has recently witnessed a spike in its debt volume and this has been linked to FG’s new borrowings made up of both domestic and foreign lending. According to data from the Debt Management Office (DMO), as of December 2023, Nigeria’s public debt is estimated…

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