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FG, Stakeholders Seek Revival Of Cotton, Textile Industries

Patronage of made in Nigeria products by Nigerians is important and can contribute to the revival of the cotton, textile and garment industries, Vice President Yemi Osinbajo, has said. Osinbajo

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Orange announces acquisition of €75m equity in Africa Internet Group

Orange (www.Orange.com) announces the acquisition of a 75 million euro equity interest in Africa Internet Group, joining AXA, Goldman Sachs and longstanding investors MTN Group, Millicom and Rocket Internet. Through

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African Ministers of Energy to discuss opportunities for power sector investment

By Nanzing Tao [O]ver 130 speakers to date have confirmed to attend the 18th annual Africa Energy Forum (AEF) taking place in London this year from 22-24th June. Widely considered

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FG Determined To Reduce Nigeria’s Food Import Bill – Buhari

By Pius Obansa [P]resident Muhammadu Buhari has said that the Federal Government is  determined to significantly reduce the very high bill for importation of food products to Nigeria. At  a

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Fuel crises to persist till May, I am not a magician, says Kachikwu

The Federal Government has said that Nigerians will have to endure the ongoing fuel scarcity in the country for the next two months. Speaking to State House correspondents on Wednesday

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Power situation not a laughing matter – Buhari

By Nanzing Tao [P]resident Muhammadu Buhari has lamented the epileptic power in the country, saying Nigerians has now turned it to a laughing matter. Speaking at the opening session of

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How Nigeria Can Get Out Of The Current Economic Woes

By Muhammadu Buhari   1. I am delighted to have the opportunity to address this distinguished and all-important retreat on the Nigerian economy. The purpose of this retreat as outlined

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FG to create 36000 annual jobs with new N10bn scheme

The Federal Government has launched a N10 billion Youths Entrepreneurship Support (YES) project to empower youth with loans to start businesses. The project was launched  through the Bank of Industry

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Oil price bounces back ahead of April talks

Oil price rose on Thursday ahead of a crucial meeting of the world’s biggest suppliers called to discuss an output freeze. According to OPEC sources, oil producers, including Gulf OPEC

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Reps probe CBN over N1.2trn intervention fund

The House of Representatives has resolved to investigate the Central Bank of Nigeria (CBN) over N1.233 trillion intervention fund. The lawmakers said during plenary on Wednesday that the various interventions

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