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Ilasamaja residents REJECTS planned migration to Band A, calls it WICKEDNESS

  The residents of Ilasamaja community in Mushin Local Government Area of Lagos State have petitioned the Managing Director/Chief Executive Officer of Eko Electricity Distribution Company (EKDC), rejecting the planned migration from Band B to Band A. The community has vowed to ...

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Consumers oppose minister on 20-hour power supply claim

  The Electricity Consumer Protection Advocacy Centre has expressed strong opposition to the Ministry of Power’s assertion that over 40 per cent of Nigerians now enjoy up to 20 hours of daily power supply. The claim, made by Minister of ...

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Wema Bank Commemorates Nigeria at 64

  Wema Bank Commemorates Nigeria at 64 …To reward 64 customers with cash prizes in The Wema Bank 5 for 5 Promo Season 4 Independence Day Special Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital ...

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Over 40% of Nigerians now enjoy 20 hours of electricity – Power minister

  The Minister of Power, Chief Adebayo Adelabu, claimed yesterday that over 40 per cent of Nigerians now enjoy 20 hours of electricity supply daily. The minister in a statement by his media aide, Bolaji Tunji, explained that the feat was ...

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Wema Bank Certified Great Place To Work for the Second Time in a Row

  Wema Bank Certified Great Place To Work for the Second Time in a Row Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has been officially certified as a Great Place To Work ...

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ALEBIOSU Reiterates The Positive Role of Financial Inclusion In Poverty Eradication At UNGA ‘79

  Lagos, 27 September 2024 – In an exclusive interview with Arise TV on the sidelines of the 79th United Nations General Assembly in New York, the CEO of FirstBank, the premier West African financial institution and financial inclusion service ...

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Wema Bank Shines at Global SME Finance Forum Conference Awards 2024

  Wema Bank Shines at Global SME Finance Forum Conference Awards 2024 …Awarded: • SME Financier of the Year (Africa) • Platinum Award for Best Financier for Women Entrepreneurs (Africa) Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s ...

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EFCC’s raid of our office intended to embarrass us – Dangote

  Africa’s richest man, Aliko Dangote, says January’s visit by the operatives of the Economic and Financial Crimes Commission to the Lagos Head Office of the Dangote Group was intended to embarrass his company. Speaking in an interview with Bloomberg ...

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NDLEA arrests ex-convict for importing N4.6bn cocaine

  Operatives of the National Drug Law Enforcement Agency have again arrested a 48-year-old businessman, Christian Ogbuji. Ogbuji was first arrested at the Nnamdi Azikiwe International Airport, Abuja, on May 10, 2023, upon arrival from Uganda via Addis Ababa, onboard Ethiopian ...

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CBN raises benchmark interest rate to 27.25%

  The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has unanimously voted to increase the benchmark interest rate, or Monetary Policy Rate (MPR), to 27.25%. This decision aims to further tighten monetary policy, according to CBN ...

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Lifting petrol from Dangote refinery ‘ll moderate FX pressure – Cardoso

  The Governor of the Central Bank of Nigeria, Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery will moderate foreign exchange demand pressures. Cardoso who said this on Tuesday in Abuja, while presenting a communique from the ...

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Fuel tanker explodes in Abuja

  A fuel-laden tanker exploded on Shehu Shagari Way in the upscale Maitama area of Abuja after colliding with a commercial bus on Monday evening. An X user, #Southsouthboy3, posted that motorists abandoned their vehicles and fled for safety, leading ...

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I regret not buying Arsenal — Dangote

  Aliko Dangote, President and CEO of Dangote Group, expressed regret over not purchasing Arsenal Football Club when its value was lower. In a Bloomberg interview with Francine Lacqua, Dangote revealed he had considered buying Arsenal when it was valued ...

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FirstBank Sponsors the Maiden Edition of The Nigerian Fintech Festival Event in Lagos

  FirstBank Sponsors the Maiden Edition of The Nigerian Fintech Festival Event in Lagos Lagos, September 18, 2024- The inaugural edition of the Nigerian Fintech Festival, the biggest fintech festival in Nigeria, sponsored by FirstBank, West Africa premier financial institution ...

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Tinubu orders crackdown on cybercrime, transnational car theft

  President Bola Tinubu on Sunday directed the Economic and Financial Crimes Commission the Nigeria Customs Service, the Nigeria Police Force, the Nigerian Ports Authority and other security and law enforcement agencies to intensify efforts in cracking down on individuals ...

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Copyright commission cracks down on book piracy

  The Nigerian Copyright Commission has raised concerns over the rise in the distribution of pirated books across the country. In a statement released on Sunday, the NCC Director-General, Dr John Asein, reported that recent inspections revealed that schools, online ...

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Soldiers kill vandals, destroy 13 illegal refineries in Niger Delta

  The 6 Division, Nigerian Army, says its operatives have neutralised two armed vandals involved in illegal oil bunkering during a gun duel and recovered two AK-47 rifles while 18 suspects were arrested across various states in the Niger Delta ...

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Electricity workers threaten shutdown over attack on member in Rivers

  The Senior Staff Association of Electricity and Allied Companies has threatened to shut down power supply in the entire Etche Local Government of Rivers State, over the brutal attack on its member, Gboro Benjamin, by some residents of the ...

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Fx crisis: PZ Cussons to sell Nigeria subsidiaries, others

  Multinational consumer goods company, PZ Cussons, says it has commenced plans to sell its African subsidiaries to any interested buyer. The parent company of PZ Cussons Nigeria said it is looking at a partial or full sale to mitigate ...

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Sterling HoldCo’s N75bn capital injection highlights investor confidence – CEO

The Group Chief Executive Officer of Sterling Financial Holdings Company, Yemi Odubiyi, has stated that the injection of approximately N75bn in fresh capital into the financial group through a private placement from a consortium of domestic investors and high-net-worth groups ...

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Coca-Cola plans $1bn investment for Nigeria over five years

Coca-Cola Hellenic Bottling Company has announced plans to invest $1bn in Nigeria over the next five years as part of its expansion drive in the country. A statement signed by the Special Adviser to the President on Information and Strategy, ...

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Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge

Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge Adron Homes & Properties is excited to announce the official unveiling of the 7th edition of the Adron Games, tagged ...

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Polaris Bank Inducted Premium Member of Nigeria-British Chamber of Commerce

  Polaris Bank Inducted Premium Member of Nigeria-British Chamber of Commerce Polaris Bank has been inducted a premium member of the prestigious Nigeria-British Chamber of Commerce (NBCC), marking another milestone in the Bank’s journey towards enhancing profitable trade between businesses ...

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Fire engulfs Enugu Governor’s filling station

  A fire broke out at Pinnacle Oil, a filling station owned by Enugu State Governor Peter Mbah, on Friday, September 20, 2024. The incident occurred in the morning hours at the station located on Agbani Road, Enugu. According to ...

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