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Sudan, South Sudan Agree to Extend oil Deal until March 2022
Sudan and South Sudan signed an agreement to extend an oil deal and related economic arrangements until March 2022, official SUNA news agency reported. The agreement, signed in Khartoum, stipulates that South Sudan pays 26 U.S. dollars for each oil barrel passing through the Sudanese pipeline operator, Petrolines for Crude Oil Ltd. which belongs to […]
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Amaechi Lauds Buhari over Transport Sector
Rotimi Amaechi, the Minister of Transportation, has described the various achievements in the sector to the dedication of President Muhammadu Buhari towards uplifting the standard of living of Nigerians. In an interview with News Agency of Nigeria (NAN), Amaechi said among the achievements was the introduction of military personnel in the country’s waterways to ensure […]
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Power Sector: Ewelukwa Assumes Duty at NBET as Acting CEO
Dr Nnaemeka Ewelukwa has assumed office as the Acting Managing Director/CEO of the Nigerian Bulk Electricity Trading Plc (NBET) following the step down of Dr Marilyn Amobi. This was made known in a statement issued by Ms Aisha Waziri from the Corporate Services Department of NBET in Abuja on Wednesday. The News Agency of Nigeria (NAN) […]
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Xmas: Abuja Residents Swarm Shoprite Outlets,Jabi Lake,others
Compare to previous Christmas celebrations,Shoprite outlets in Abuja were filled to the brim yesterday and today .. Visitation to more than nine major shopping outlets showed thousands of shoppers,young and old ,patronising the malls. Jabu Lake practically closed its gate due to too many shoppers while the Shoprite along airport road was unusually rowdy and […]
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Bitrus Bako Nabasu Takes over as Permanent Secretary, Ministry of Petroleum Resources
Press Release- Mr. Bitrus Bako Nabasu mni who was recently deployed from the Federal Ministry of Science and Technology to the Ministry of Petroleum Resources as Permanent Secretary, has resumed today, 23rd December, 2019. He has also charged the Management and staff of the Ministry of Petroleum Resources to be conscious of the strategic position […]
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World Bank: Nigeria Moves up on Ease of Doing Business
Nigeria moved up 15 places from its 2019 spot on WorldBank’s Doing Business rank.The country has been tagged as one of the most improved economies in the whole world for running a business. The economies with the most notable improvement in Doing Business 2020 are Saudi Arabia, Jordan, Togo, Bahrain, Tajikistan, Pakistan, Kuwait, China, India […]
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Shake up in Power Sector: Two Agency Chiefs Axed
Press Release- In continuation of the reorganization/sanitation in the Federal Ministry of Power, the Minister, Engr. Sale Mamman has directed the Managing Director of the Nigerian Bulk Electricity Trading Company to step down with immediate effect while the managing director of the Nigerian Rural Electrification Agency, Ms. Damilola Ogunbiyi is suspended. In view of this […]
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Niger Leader Clarifies Confusion over ECO Currency: “It’s not CFA under Another Name”
Nigerian President,Muhammadu Issoufou has clarified recent decision of Ex-French colonies to exit CFA Franc,declaring firmly that ECO will be linked to all major international currencies. There has been confusion across the former colonies since the announcement by Ivorien and French leaders on the adoption of ECO as a replacement for the old CFA Franc. While […]
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FCTA Embraces Ease of Doing Business as Oduwole Preaches Collaborations
The Minister, Federal Capital Territory (FCT), Mallam Muhammad Musa Bello has said that the FCT Administration is working towards harmonizing overlapping laws and regulations within the various Secretariats, Departments and Agencies (SDAs) that were militating against the ease of doing business processes in the FCT. This, he said, could be achieved with collaborations of all […]