September 29, 2022

[GIST] Encourage private sector to tackle unemployment – Cleric

[GIST] Encourage private sector to tackle unemployment – Cleric

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The Assistant Pastor of the Redeemed Christian Church of God, Region 1, Pastor Samuel Olaniyan, has called on the government to create an enabling environment for the private sector to tackle unemployment in the country. According to a statement on Wednesday, the cleric made this call at a press conference in Lagos. He said, “Jobs


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[GIST] FG urges banks to prioritise female borrowers

[GIST] FG urges banks to prioritise female borrowers

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The Federal Government on Wednesday called on banks to set up gender desks identify and prioritise potential female borrowers. While describing women as drivers of the African economy, the government said that more women needed to be encouraged to go into technically oriented fields of science, technology, engineering and mathematics. The Minister of State for


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[GIST] Dollar hits N735 as political campaign begins

[GIST] Dollar hits N735 as political campaign begins

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The dollar hit N735 in the parallel market on Wednesday as political campaign activities began in the country. According to Bureau De Change operators in Lagos and Abuja, dollar price had increased from N718 – N720 to N728-N735 in the last one week. A BDC operator at Amuwo-Odofin in Lagos, Bala Usman, said, “It is


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[GIST] Nigeria lost $5.6bn to cancer in 2019 – Report

[GIST] Nigeria lost $5.6bn to cancer in 2019 – Report

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The Lancet Oncology Commission report says Nigeria lost about 5.9 billion dollars to cancer deaths and other cancer-related factors in 2019. The Chairman, Lancet Oncology Commission for Sub-Saharan Africa, Prof. Wil Ngwa, said this on Wednesday in Abuja at the public presentation of the report titled: “Lancet Oncology Commission: Cancer in Sub-Saharan Africa”. While presenting


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September 28, 2022

[GIST] Court jails three men for robbery in Lagos

[GIST] Court jails three men for robbery in Lagos

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Justice I.R.B. Adebiyi of the Lagos State High Court sitting at Ikeja, Lagos State, on Tuesday, convicted and sentenced three men for armed robbery. The convicts, Lanre Otunola, Toibu Oyeyinka and Jamiu Agboola, who were first arraigned on July 31, 2014, were convicted for conspiracy and armed robbery. The convicts, on December 13, 2013, attempted


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[GIST] Reps move against non-payment of salaries, pensions

[GIST] Reps move against non-payment of salaries, pensions

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The House of Representatives, on Tuesday, passed for second reading, a bill seeking to prohibit late and non-payment of workers and pensioners by employers. When it becomes law, employees will be entitled to interests on unpaid wages. Underpayment of workers and pensioners would also be prohibited by the proposed law. This is being proposed in


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[GIST] Senate inaugurates panel to probe PIA, OML non-compliance

[GIST] Senate inaugurates panel to probe PIA, OML non-compliance

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The President of the Senate, Ahmad Lawan, on Tuesday, inaugurated an ad hoc committee set up by the Senate to investigate the non-compliance with the Petroleum Industry Act and the Oil Mining Lease. The seven-member panel is headed by the Senate Deputy Chief Whip, Senator Sabi Aliyu Abdullahi. Other members of the Committee are: Senator


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[GIST] Power generation slumps to 38MW

[GIST] Power generation slumps to 38MW

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Data from the Federal Government on Tuesday indicated that the collapse of the national electricity grid that occurred the preceding day led to the crash in power generation from 3,713.1 megawatts to 38MW. Industry figures obtained from the Federal Ministry of Power showed that power generation on the grid as at 6am on Monday was


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[GIST] ASUU vs FG: The clash of titans

[GIST] ASUU vs FG: The clash of titans

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I remember the Academic Staff Union of Universities strike in 1992 that lasted about three months, closely followed by another in 1993 that lasted for four months. Each strike had a shocking effect on the students, parents and society at large. I, as a student, and many others were elated as most youths are, not


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[GIST] Management institute seeks national devt

[GIST] Management institute seeks national devt

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The Institute of Strategic Management, Nigeria has expressed the need for the country to ensure national development. During its 2022 annual conference and general meeting with the theme, ‘Envisioning a new aspiration for Nigeria’ in Lagos, the President and Chairman-in-Council, Institute of Strategic Management, Nigeria, Mr Alex Enebeli, said, “The essence of this gathering is


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