Bauchi road accident kills 13, injures 5

Bauchi—A head-on-collision between a Blue Toyota Hiace bus and a truck along Bulkachukwa and Danbam road axis at Busuri village in Katagum Local Government Area of Bauchi State on Saturday night claimed the lives of 13 persons, including the driver.

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Bauchi road accident kills 13, injures 5

Dismissed Army officer nabbed for robbery, impersonation

LAGOS—Police in Lagos have arrested a member of a suspected robbery gang that usually wore military camouflage while robbing unsuspecting private and commercial vehicles trapped in traffic around Mile 2, Festac, Alakija and its environs. Police sources said it was discovered that the suspect was a dismissed soldier. He was said to have been dismissed from the Nigerian Army over unethical conduct.

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Dismissed Army officer nabbed for robbery, impersonation

Attract more FDI into the country, NBCC urges Buhari

“To develop a sound business environment, there is a need for formalised process to evaluate these business conditions. Such evaluations require input from bilateral member organisations such as the NBCC to provide industry and investor feedback to allow the continuous adaptation to changing economic conditions”

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Attract more FDI into the country, NBCC urges Buhari

Buhari vs a clueless MPC?

By Henry Boyo More Nigerians will probably consider widespread insecurity, unstable power supply and our faltering economy as the three most critical challenges for which President Muhamadu Buhari would have to urgently find sustainable solutions. Nonetheless, some critics may trace the root of insecurity to increasing desperation from unemployment and ‘forced’ idleness on a rising

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Buhari vs a clueless MPC?

Investors cautious on new government

Private sector industry leaders have taken cautious positions in reaction to the change of government particularly at the national level in Nigeria, thus throwing the markets into limbo which may linger until definite statements on the direction of economic policies are made by President Mohammadu Buhari. Last Friday ex-president Goodluck Jonathan handed over Nigeria’s economy in perhaps its most trying moment since the advent of the current democratic dispensation.

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Investors cautious on new government

New governments at centre and states lament over economy, treasury

As the political leaders who took over reigns of power at the national and state levels settle into offices today they have clearly given thumps down to their predecessors in the area of economic management First is the President Mohammadu Buhari who took over from Goodluck Jonathan last weekend and declared that Nigeria’s economy is in “deep trouble and needs careful management to overcome the impact of low oil prices, slowing growth, high unemployment and the security threat from Islamist group Boko Haram”.

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New governments at centre and states lament over economy, treasury

Obiano weeps as 69 burnt to death in Onitsha petrol tanker accident

Nnewi—No fewer than 69 persons were burnt to death last night as a petrol-laden tanker, descending from Army Barracks side of Onitsha-Enugu Expressway, lost control, rammed into the Asaba Motor Park at Upper Iweka, Onitsha, and exploded. Eleven vehicles, mostly commuter buses and two motorcycles inside Asaba Park, and the fuel tanker were completely burnt to ashes.

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Obiano weeps as 69 burnt to death in Onitsha petrol tanker accident

May&Baker back to profitability as shareholders okay 5k dividend

Shareholders of May & Baker Nigeria Plc have unanimously approved the five kobo per share dividend proposed by its Board of Directors for the financial year ended December 31, 2014, just as the company returned to profitability. The shareholders at the 64thAnnual General Meeting of the company held in Lagos commended the company’s performance for the year under review, in view of the harsh operating environment it operated upon and for returning back to paying dividend.

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May&Baker back to profitability as shareholders okay 5k dividend

CBN releases 2013 controversial report

The Central Bank of Nigeria (CBN) weekend released the 2013 annual report that led to suspension of former governor, Sanusi Lamido Sanusi. The Financial Reporting Council of Nigeria had raised issues with the accounts, saying it needed some detailed explanation as required in the International Financial Reporting Standards.

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CBN releases 2013 controversial report