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December 2016

Calabar Carnival is Africa’s Hospitality Melting Pot – Gov. Ayade

Posted: December 29, 2016 at 1:57 pm   /   AFRICA, Article

The annual Calabar carnival has been described as the melting pot of Africa’s hospitality. Gov. Ben Ayade of Cross River said this on Wednesday in Calabar while opening the grand finale of the 2016 Calabar carnival. He said that the carnival, which had gained international recognition over the years had continued to grow bigger, better […]

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2017 Will Be Great Year For Nigerian Football, Says Pinnick

Posted: December 29, 2016 at 1:57 pm   /   Article, Sport

Amaju Pinnick, the President of Nigeria Football Federation (NFF), on Wednesday said that 2017 would be a great year for football in the country. Pinnick, while reviewing the 2016 performance of the NFF, noted that though it was a very rough and tough year for the NFF, next year promised to be a great year. […]

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Over N5tr Projects Abandoned Across Nigeria – Reps

Posted: December 29, 2016 at 1:56 pm   /   AFRICA, Article

A member representing Zaria Federal Constituency in the House of Representatives Dr Abbas Tajuddeen, has revealed that more than N5 trillion government projects were abandoned across Nigeria. Tajuddeen, who expressed “deep worry” over the situation, said the country was incurring huge losses due to the abandonment. He said that the Bill for the amendment of the Public Procurement Act which […]

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Recession: Nigeria’s Insurance Sector Stays Afloat

Posted: December 29, 2016 at 1:55 pm   /   Article

In spite of the economic recession, the Nigerian insurance industry performed better in 2016 due to stricter enforcement of the Code of Corporate Governance. The improved performance was particularly due to enforcement of rules against unethical practices, under capitalization and rate cutting, among others. Although the industry felt the adverse effects of recession in the first […]

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Expert Urges FG to Improve Nigeria’s Health Systems To Accommodate GMOs

Posted: December 29, 2016 at 1:54 pm   /   AFRICA, Article

The African Centre for Shared Development Capacity Building (ACSDCB) has urged the Federal Government to take measures to improve Nigeria’s health systems to accommodate Genetically Modified Organisms (GMO) foods. Prof. Olu Ajakaiye, the Executive Chairman of ACSDCB said this while entertaining questions from newsmen in Abuja. According to him, Nigeria cannot swim against the tide […]

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Fears as Nigeria Naira Weakens To N490/$, 590/£

Posted: December 29, 2016 at 1:53 pm   /   Article, Finance

The Naira, late Wednesday weakened to N490 to a dollar at the parallel market after appreciating to N485 to a dollar during the Christmas break. The Naira lost 5 points, representing a depreciation of 1.03 per cent, while the Pound Sterling and the Euro closed at N590 and 502, respectively. At the Bureau De Change […]

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Nigeria Sambisa Forest To Host Army Championship

Posted: December 29, 2016 at 1:52 pm   /   AFRICA, Article

The Nigerian Army said it would hold the 2017 Nigerian Army Small Arms (NASA) championship in Sambisa to enhance its presence in the forest. The Theatre Commander, Operation Lafiya Dole, Maj. -Gen. Lucky Irabor, stated this during a press conference on Operation Rescue Final at the Maimalari Cantonment in Maiduguri. Irabor said other exercises such […]

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Ex-Militants To Buhari: Pay Us Our 5months Outstanding Allowances

Posted: December 29, 2016 at 1:51 pm   /   Article

The Ijaw Youth Council (IYC) has asked the Federal Government to pay the five months outstanding stipends owed ex-militants in the Niger Delta region. Mr Eric Omare, the IYC spokesman, made the plea in a statement in Yenagoa. Omare said that non-payment of outstanding allowances subjected the ex-militants to untold hardship, especially during the Christmas […]

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Yuletide: Nigeria FRSC Records 187 Deaths in 289 Crashes

Posted: December 29, 2016 at 1:50 pm   /   AFRICA, Article

The Federal Road Safety Commission (FRSC) said it had recorded 187 deaths in 289 crashes during the last Christmas celebrations. Mr Bisi Kazeem, Head Media Relations and Strategy of the commission, disclosed this to newsmen in a statement. According to Kazeem, the crashes involved 2,185 people with 1,000 people injured, while 998 people were rescued […]

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Militant Leader Arrested In Lagos

Posted: December 29, 2016 at 12:12 pm   /   Article, news

The Nigeria Police Force has arrested a suspected leader of a militant gang planning to bomb the Third Mainland Bridge in Lagos. NPF Spokesman, DCP Don Awunah, said in a statement in Abuja that arms and ammunition recovered in connection with the crime are; two cartons of explosive devices, 125 detonators and two AK 47 […]

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