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Paramount Group unveils new armoured vehicle for global defence market

Paramount Group, the African-based global defence and aerospace company, has unveiled a new generation 8×8 (eight wheeled) armoured vehicle in Astana, during the annual Kazakhstan Defence Exhibition. The technologically superior Mbombe

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Nigeria’s Mohammed Barkindo becomes OPEC secretary general

Former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, has been appointed the secretary-general of the Organisation of Petroleum Exporting Countries (OPEC). His appointment was announced on Thursday in Vienna, Austria after

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No going back on electricity tariff hike – Fashola

The Minister of Power, Works and Housing, Babatunde Raji Fashola has said there will be no going back on the 45 per cent increase in electricity tariff. Fashola added that

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Standard Chartered launches Africa’s most extensive mobile, online banking

Standard Chartered Bank is bringing its newest mobile and online banking platform to one million clients across eight African markets, the most extensive digital rollout of its kind in Africa

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Technological innovation will boost productivity, growth in Africa’s agribusiness – Report

Agriculture is currently standing on the edge of a second green revolution. This revolution will entail fundamental shifts in how the agricultural sector utilises and implements innovative technology to improve

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Slow Food President Carlo Petrini named FAO Special Ambassador Zero Hunger for Europe

Carlo Petrini, President of Slow Food, an organization working to prevent the disappearance of local food cultures and traditions and to ensure everyone has access to good, clean and fair

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FG, states, others share N281.5 billion for April

As the Nigerian economy approaches the much talked about recession, revenue  allocation to federal, states and local governments dropped by 6.09 per cent as the three tiers of government shared

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FG adopts new forex policy as economy faces “imminent recession”

The Central Bank of Nigeria has announced a new policy to ensure flexibility in the management of the foreign exchange market. The policy according to CBN governor, Godwin Emefiele is

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FG uncovers fresh N2.23trillion fraud in NNPC

The Federal Government has published an audit report indicting the Nigerian National Petroleum Corporation (NNPC) for a revenue loss of N2.23 trillion in 2013. The report was submitted on oil

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Manufacturers Association of Nigeria Inaugurates Group to Boost Manufacturing

The Manufacturing Association of Nigeria has inaugurated its Large Corporation Group, which would amongst other things come up with policy recommendations that would lead to a conducive economic and social

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