Day: December 10, 2017

Cross River’s N1.3tn Budget Achievable, Says NEXIM Bank MD …

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The N1.3 trillion budget estimate for 2018 presented by Governor Ben Ayade of Cross River State the state House of Assembly is attainable, said the Managing Director of Nigeria Export and Import Bank (NEXIM Bank), Mr. Abba Bello. Bello stated this yesterday in Calabar at the signing of a Memorandum of Understanding (MoU) and a financial service agreement between his bank and the state government. While expressing delight at the ambition and aggression being shown by the state with regards to its industrialisation drive, he stated the commitment of his…

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Nigeria must create 4 million jobs annually to ensure growth – Governor Ambode

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Lagos State Governor, Mr. Akinwunmi Ambode, on Saturday said for Nigeria to meet its growth ambitions and achieve full economic potential, concerted efforts must be made to create at least four million jobs annually and as well jettison policies that stifle development. Speaking at the opening session of the 9th Annual Bankers’ Committee Retreat of the Central Bank of Nigeria (CBN) held at Renaissance Hotel in Ikeja, Lagos, Ambode said it was time for the government to review such policies that inhibit growth, and as well come up with a…

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Mafikizolo, Davido lead 30 artistes to perform at Calabar Carnival

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South African Hip Hop artist, Mafikizolo, is among the 30 artistes expected to headline this year’s “Calabar Carnival  and festivals.”Others on the bill include Davido, Flavor,   Patoranking, Runtown, Timaya, Venessa Mdee of Tanzania, Neza of Rwanda, Inyanya, Style Plus, MC Galaxy, Naeto C, DJ Humility, Tekno and DJ Jimmy Jait, among others. Special Adviser to the Cross River State governor on Events Management, Mr. Ken Aklah, disclosed this to newsmen, Wednesday, at the Ernest Etim Bassey Press Centre, Calabar, while unveiling the timetable for the event. “Despite the difficult…

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Court sentences man to death for brutal rape of housemaid

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A special court has sentenced an Indian businessman and his domestic help to death for the brutal rape and murder of a 25-year-old housemaid in their home in Noida city on the outskirts of the national capital in 2006. The court of India’s Central Bureau of Investigation (CBI) pronounced the quantum of punishment, a day after holding businessman Maninder Pandher and his aide Surinder Koli guilty in the crime they had committed in their house in Nithari village in Noida. This was the ninth of a total of 16 cases…

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Institute wants more tuberculosis treatment centre

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Institute of Human Virology, Nigeria has appealed to federal, state and local governments to provide more treatment centres for the management of drug resistant tuberculosis. Dr Vivian Ibeziako, the Programme Manager, Drug Resistant Tuberculosis of the Institute, said on Friday in Lagos, that there currently 22 tuberculosis treatment centres in Nigeria. Ibeziako made the call at the on-going review meeting organised by the institute and National Tuberculosis and Leprosy Control Programme which begun on Thursday. According to her, the 22 tuberculosis treatment centres in the country are funded with global…

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Two Palestinians killed in Israel airstrike – Gaza officials

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An Israeli airstrike in Gaza has killed two Palestinians, security officials have said. The airstrike hit a base of Hamas’s military wing in Nusseirat in the central Gaza Strip. Security officials of the territory’s Palestinian Islamist rulers said two people had died in the strike. It comes amid protests across Palestinian territories after President Donald Trump recognised Jerusalem as Israel’s capital. Two Palestinians were shot dead by the Israeli army in the clashes earlier on Saturday morning. They were named as Abdullah al-Atal, 28 and Mohammed al-Safdi, 30 by the…

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PDP convention: Uche Secondus emerges party’s National Chairman

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Uche Secondus, a Chieftain of the Peoples Democratic Party, PDP, from the South-South has emerged National Chairman of the party. Secondus was declared National Chairman of the party after polling over 2000 votes at the party’s convention in Abuja. Result was announced in the early hours of Sunday. Meanwhile, Secondus’ close contender, Prof. Tunde Adeniran garnered 230 votes. While Daar Communications Ltd founder, Raymond Dokpesi got 66 votes, Taoheed Adedoja had no vote. Similarly, Umar Ibrahim has emerged winner of the National Secretary of the party with 1549 votes to…

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Central bank to continue supporting financial service penetration – Godwin Emefiele

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The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Saturday said that the bank would continue to support measures that would deepen penetration of financial services in the country. Emefiele said while delivering a welcome address at the 9th annual Bankers Committee Retreat in Lagos.According to him, the measure will capture those who are financially excluded from the system. The theme of the retreat is “Improving Financial Access, Enabling Job Creation and Driving Inclusive Growth in Nigeria’’. He said such measures would also consider Micro, Small…

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Arab nations mount pressure on Trump over Jerusalem

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The tension and controversy generated by President Donald Trump’s recognition of Jerusalem as capital of Israel is yet to settle following Saturday’s emergency meeting by Arab foreign ministers in the Egyptian capital, Cairo. The meeting is designed to formulate a unified response to President Trump’s decision to recognise Jerusalem as Israel’s capital, a move that has sparked anger and protests in the Arab world. The Arab League meeting, which brings together foreign ministers from member-states, is taking place as protests continued for three consecutive days in the West Bank and…

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Chinese electric carmaker to open Morocco plant

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Chinese electric car manufacturer BYD on Saturday signed an agreement to open a factory near the Moroccan city of Tangiers to build battery-powered vehicles, officials said. BYD will become the third car manufacturer, after Renault and Peugeot of French, to construct cars in the North African state. The memorandum of understanding was signed at the royal palace in the coastal city of Casablanca in the presence of King Mohammed VI and BYD’s chairman, Wang Chuanfu, whose company is backed by US investor Warren Buffett. The factory in the new Mohammed…

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