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Monthly Archives: November, 2020

Industrial Court orders Esan North-Central Local Council to pay former vice-chairman, Solomon Emiohe severance gratuity allowance within 30 days

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The Presiding Judge, Benin Judicial Division of the National Industrial Court, His Lordship, Hon. Justice Adunola Adewemimo has ordered the Esan North-Central Local Government Council to its former...

Nigeria to resume fuel importation from Niger Republic

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The Minister of State for Petroleum Resources, Timipre Sylva, said on Friday Nigeria would restart fuel importation from the neighbouring Niger Republic to meet...

Oil discovered in Benue Trough in commercial quantity – NNPC

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The Nigerian National Petroleum Corporation (NNPC) confirmed on Thursday that the recently discovered oil in the Benue Trough was in commercial quantity. The Group Managing...

Buhari receives panel’s report on Magu

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President Muhammadu Buhari on Friday received the report of the presidential panel which probed the suspended acting Chairman of the Economic and Financial Crimes...

Biden Wins Georgia Recount as Trump Setbacks Mount

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US President-elect Joe Biden’s victory in Georgia has been confirmed by a recount, as legal efforts by Donald Trump’s allies to challenge his defeat...

Gbajabiamila condemns Abuja vendor’s death after police shooting

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The Speaker, House of Representatives, Femi Gbajabiamila, has condemned the killing of a newspaper vendor, Ifeanyi Okereke, in Federal Capital Territory (FCT) Abuja, by...

Osun Govt. targets economic diversification through tourism

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The Osun State Governor, Gboyega Oyetola, has reiterated his administration’s commitment to transform the state’s economy through huge investment in culture and tourism, saying...

Union Bank’s nine-month profit dips by 0.8% amid growing operating cost

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Union Bank of Nigeria Plc has announced a slip in after-tax profit for the nine-month period to September 2020 as huge operating expenditure continued...

Naira weakens to N478 on parallel market as dollar demand heightens pressure

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Naira depreciated further against the United States dollar on Wednesday on the black market, exchanging at N478 as the momentum of increasing demand from...

GTB’s nine month profit drops by 3.2% as loan impairment, operating costs hurt earnings

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Guaranty Trust Bank Plc has reported a marginal drop of 3.2% in profit after tax for the nine-month period to September 2020, compared to...
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