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Lekki Free Zone: Lagos releases N1.6bn, woos investors

The Lagos State Government has released the sum of N1.6billion as part of its equity contribution in the Lekki Free Zone Development Company (LFDC)...

Amaechi denies leaking Sanusi’s letter of non-remittance of $49.8 billion from oil sale to the federation account

Rotimi Amaechi, the former Governor of Rivers State and current Minister for Transportation, has denied reports and statements that he leaked the infamous letter...

Nigerian billionaire, Otedola loses $400m after shares sell-off

Stock price of Forte Oil, owned by Femi Otedola, Nigerian billionaire, shed off 43.5 per cent in value in the last nine weeks, costing...

Probe Nigerians maned in Panama Papers, Association tells FG

The Association of Certified Fraud Examiners on Friday told the Federal Government to probe Nigerians named in the infamous Panama Papers report. Speaking in Lagos,...

Naira remained strong foreign currencies until I was removed in 1985

President Muhammadu Buhari has restated his aversion to devaluation, recalling that the naira was strong until he was removed as head of state in...

EU allocates N8bn to fight terrorism in Nigeria

The European Union (EU) has earmarked 36.1 million Euros (about N8 billion) to combat organised crime, trafficking and terrorism in the North East geo-political...

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