The Infrastructure Concession Regulatory Commission (ICRC) said that the 2.8 billion dollars Ajaokuta–Kaduna–Kano (AKK) gas pipeline project would soon commence. The acting Director-General, ICRC, Mr Chidi Izuwah, in a statement on Thursday in Abuja, said that the project would be executed through a Public-Private Partnership (PPP), under the supervision of the
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The Federal Government of Nigeria on Thursday through the National Council on Privatisation, NCP okayed privatisation of the remaining five (out of the 23) subsidiaries of the Nigerian Mining Corporation (NMC). Mr. Chukwumah Nwokoh, Head, Public Communications, Bureau of Public Enterprises (BPE) in a statement in Abuja said the Council consented
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The Presidential Amnesty Programme Beneficiaries have produced and distributed 1500 bags of Rice. The beneficiaries during their training and mentorship phases, nurtured, milled and packed 1500 bags of high quality rice grains. This process took place in a farm in Ogoja, Cross Rivers State. In a press statement made available to journalists
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The Best of Nollywood Awards (BON) 2017 held on the 16th of December 2017 at the Cultural Centre, Abeokuta, Ogun State, with so many stars in attendance. Some of the winners of the night included Kate Henshaw, Michelle Dede, Timini Egbuson, Omoni Oboli, Gabriel Afolayan, A Trip Jamaica, Aramide and more. See
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The two oil giants and key directors are to stand trial in what may be one of the biggest corruption cases in history. It relates to bribes paid in Nigeria for the purchase of an offshore oil block. A judge in Milan has ordered Eni, Shell and current and former Eni
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The French lower house of parliament has approved a law that provides for the gradual abandonment of the exploration and production of oil, gas and coal by 2040, Vanguard reports. French Ecology Minister, Nicolas Hulot, said in a communique that “this law links the legislation with the obligations taken within the
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The Economic and Financial Crimes Commission, EFCC, has released the chief executive officer of Innoson Motors, Innocent Chukwuma. In a statement issued by its Head of Media and Publicity, Wilson Uwujaren, he said the businessman was released on bail. The statement reads: ”The Economic and Financial Crimes Commission has released Nnewi, Anambra-State
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ABUJA – The interbank window of Nigeria’s Foreign Exchange market on Tuesday, December 12, 2017, received yet another boost of $210,000,000.00 from the Central Bank of Nigeria (CBN). According to figures obtained from the Bank, Tuesday’s interventions were for the Wholesale, Small and Medium Enterprises (SMEs) and invisibles segments of the market. The
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The Lakushi Farm Centre of the Nigerian Prisons Service has harvested over 400 bags of rice in 2017. The farm is one of the 17 Prisons farms in Nigerian and major in rice production because of it comparative advantage. The farm was repositioned at the wake of President Muhammadu Buhari’s resolve
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The well known Nnewi industrialist Chief Innocent Chukwuma popularly known by his company's name, INNOSON, was arrested by the Economic and Financial Crimes Commission, EFCC . He was picked up at about 11am at his Savage Crescent , GRA Enugu residence today Tuesday December 19, 2017. His arrest followed his refusal to honour invitation by
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