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Daily Archives: October 2, 2019

FG diverted N544bn resources fund to INEC, military — NEITI

FG diverted N544bn resources fund to INEC, military — NEITI

The Federal Government diverted N543.63bn for Natural Resources Development to fund the Independent National Electoral Commission and budget deficit, the Nigeria Extractive Industries and Transparency Initiative has said. The diverted N543.63bn was also used to fund budget deficits, national security, ...

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Online transactions hit 2.8 million on Independence Day

Online transactions hit 2.8 million on Independence Day

Bank customers carried out about 2.8 million transactions on Nigeria Interbank Settlement System Instant Pay platform recorded on Independence Day commemoration, live updates provided by the NIBSS have shown. As Nigerians visited entertainment spots in the country to celebrate the ...

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Saudi refinery attack shocking –NNPC

Saudi refinery attack shocking –NNPC

The September 14, 2019, attacks on Saudi Aramco, a Saudi Arabian refinery, came as a shock but the effect on global oil market has been mild, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, has said. It was ...

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OPEC basket gains, Brent drops to $58.61

OPEC basket gains, Brent drops to $58.61

Crude oil prices varied sharply on Tuesday as Brent recorded a second drop in price for the week, while the commodity in the OPEC basket appreciated marginally. Brent dropped to $58.61 per barrel, based on oil price update as at ...

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FG to create more jobs via YouWin

FG to create more jobs via YouWin

The Federal Government is targeting to reduce the number of unemployed people in the country through the Youth Enterprise with Innovation in Nigeria Connect programme. The YouWiN Connect is the Federal Government’s education programme which was established in 2011 to ...

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