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Lagos,Nigeria
Saturday, March 25, 2017
mmm nigeria

MMM founders writes the Federal Government

MMM Founder, Sergey Mavrodi has allegedly written an open letter to the Federal Government of Nigeria explaining the benefits of the scheme. The letter was...
Matthew Ashimolowo

Nigerian pastor, loses $5 million to ponzi scheme

Kingsway International Christian Centre, a 12,000-member megachurch in Britain headed by Nigeria’s Pastor Mathew Ashimolowo, lost $4.8 million to a Ponzi scheme after trustees...
Donald Trump

Trump cancels Pacific trade deal, predicts “wave” of US manufacturing

President of the United States, Donald Trump on Monday, issued an executive order to withdraw the United States from   the Trans-Pacific Partnership (TPP)...
President Buhari

Nigeria budgets N110b for amnesty, insurgency

Nigeria has budgeted N110 billion for the  implementation of Presidential Amnesty Programme and the rehabilitation of the Northeast region devastated by the activities of...

AMCON strikes again, takes over OAS Helicopters

The Asset Management Corporation of Nigeria (AMCON) has taken over Odengene Air-Shuttle Services, known more as OAS Helicopters in Lagos following a court order....
naira

FOREX: Naira weakens against dollar

The Naira  on Tuesday weakened against the dollar few hours after the CBN maintained its benchmark interest rate and endorsed the crackdown on parallel...

US to pump $1b into Nigeria’s power sector

Power Africa, an initiative by the US government to light up Africa, on Tuesday said it was planning to invest about one billion dollars...
opec

OPEC, non-OPEC agree output deal

OPEC and non-OPEC producers on Saturday in Vienna reached their first deal since 2001 to curtail oil output jointly and ease a global glut...
npdc

Militancy, reason of dip in power supply – NPDC

The Nigerian Petroleum Development Company (NPDC) has said that the shortfall in gas supply for power generation is caused by militancy. In a presentation to...
NSE

NSE market capitalisation down by N13bn, Total and Forte oil loses

The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday lost N13 billion, amid profit taking embarked by investors. The News Agency of Nigeria...