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AU Receives Commendation For Adopting the GGW Programme

The African Union (AU) has been commended for adopting the Great Green Wall (GGW) programme. The commendation was made by Senator Bukar Abba Ibrahim, senate Committee chairman, Ecology and climate change during the committee's visit to the National Agency for the Great Green Wall (NAGGW). The...

FG Sacks NTDC DG

Facts emerging and being captured by Economic Confidential indicates that the dangling axe of the Federal Government has caught up with the Director General of the Nigeria Tourism Development Corporation (NTDC), Mrs. Sally Mbanefo. In a memo titled: Notification of de-secondment from the Nigeria Tourism...

Confusion as Explosion Rocks NPDC Pipeline in Delta

There was confusion in some parts of Ughelli in Delta State  when an explosion rocked a pipeline belonging to Nigerian Petroleum Development Company (NPDC). Though security operatives believed that the explosion was as a result of a fault, some community sources thought it was an...

Investments in Nigerian Telecoms Hit $68b

Telecom: Investments in the Nigerian telecommunications industry since the advent of Global System for Mobile Communication in 2001 has hit $68bn. Of this amount, $35bn came from Foreign Direct Investments. Former Secretary General of the International Telecommunications Union, Dr. Hamadoun Toure, disclosed this in a keynote...

Nigeria’s Recession Worsens Despite Rising GDP in Agric, Solid Mineral

The latest report from the National Bureau of Statistics, NBS, says Nigeria’s Gross Domestic Product, GDP, has shrunk by 2.24 percent in the third quarter of 2016, falling deeper than recorded in the first and second quarter of the year. It disclosed that Nigeria’s economy...

Federation Account allocation dips by N31.8b in October

The 36 states of the federation shared N111.8 billion in October. It is less than the N143.6 billion shared in September from the Federation Account by N31.8 billion. The breakdown forms part of a report yesterday by the News Agency of Nigeria (NAN) from Office of...