Category

Business & Economy

242 posts in this category.

Jdpc, Ijebu Ode & Others Plan Enough Is Enough Rally

The planned, Enough Is Enough Rally by Justice Development & Peace Commission (JDPC) Ijebu Ode and Balanced Measure Impact Initiative (BMII) is long overdue in the Ijebu environs of Ogun State. The electricity supply to this environs is very appalling. We at Ogun Today refused to accept the notion that it is like that everywhere in Nigeria. It…

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Gale Of Resignation At Etisalat Over Management Take Over By Banks

As we reported earlier A consortium of three Nigerian banks and their foreign counterparts Wednesday took over Etisalat Nigeria after the telecommunications company failed to pay a loan sum totalling $1.72bn (about N541.8bn) granted to it by the consortium in 2015. The three Nigerian banks are Guaranty Trust Bank, Access Bank and Zenith Bank. ‎As…

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Customs Kill Commercial Motor Driver

Officers of the Federal agency, Customs were said to have killed a commercial motor driver, Saubana Onila, a father of four, at Sowo village, on the Kobape-Siun-Sagamu expressway when he was conveying bags of rice to some customers in Sagamu. Consequently, scores of protesters stormed the state headquarters of the NCS along Quarry Road in Abeokuta, threatening…

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Three Banks Take Over Etisalat Over N541 Billion Debt

Reports by Vanguard and other online sources indicate that three Nigerian banks and their foreign affiliates, yesterday, took over Etisalat Nigeria for allegedly failing to repay a loan of over $1 billion (N541 billion) it secured from the consortium of three Nigerian banks and foreign affiliates in 2015. The Nigerian banks are Guaranty Trust Bank,…

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About 3m Nigerians Lose Over N18bn To Mmm

According to the Nigerian Deposit Insurance Corporation, NDIC, about three million Nigerians lost N18 billion to the Ponzi scheme, popularly called Mavrodi Mundial Movement, MMM. This was the position of the Managing Director of the Corporation, Alhaji Umaru Ibrahim. Alhaji Umaru Ibrahim made this known while speaking at the ongoing 38th Kaduna International Trade Fair,…

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Despite Dollar Crash Building Materials Prices Remain High

Building materials prices remain high despite Dollar crash. Prices of building materials have remained unchanged in spite of the Naira appreciating in value at the foreign exchange market. Some said in interviews with the News Agency of Nigeria (NAN) in Abuja on Thursday said prices remained unchanged because they bought the goods when the exchange…

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8 Affordable Dresses You Can Buy For Under 6k

Buying fashion these days can be very expensive, especially with the current high foreign exchange rate. Does this mean people now have to break the bank to look good? Not necessarily! With smarter shopping methods, you can fish out affordable and beautiful fashion pieces. Check out some stunning gowns you can buy for less than…

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Dollar Speculators Abandon Positions, Lose Over N45 Billion

Dollar and other foreign currencies speculators have abandoned their positions with huge losses in the neighbourhood of N45 billion. This is according to a report by Economy Editor of Vanguard, Emeka Anaeto. According to him in the said report, ” wave of political pressures may have forced the emergence of a new order in the…

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