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An-afrijet-plane
By IFEOMA OKEKE On Friday, June 24th, 2016
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AMCON takes over AfriJet Airlines assets over N10b debt

Chuka Austine Obiozor Justice of The Federal High Court Lagos Division has granted an interim injunction against Afrijet Airlines Limited, owned by Vitalis Ibe on the application of Asset Management Corporation More...

fury-leg
By Editor On Friday, June 24th, 2016
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Fury postpones Klitschko rematch 

British world heavyweight champion Tyson Fury has postponed next month’s rematch with Wladimir Klitschko after injuring an ankle in training. The bout had been scheduled to take place in Manchester on 9 July. Undefeated More...

david-cameron
By Elizabeth Archibong On Friday, June 24th, 2016
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Buhari lauds Cameron’s resignation

President Muhammadu Buhari says he regrets the resignation of British Prime Minister David Cameron, which will come into effect in October. However, Nigeria looks forward to a greater cooperation and consolidation More...

konte-payet-martial
By Editor On Friday, June 24th, 2016
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Brexit: British clubs could suffer in transfer window

British football clubs could find it more difficult to buy summer targets after the UK’s decision to leave the European Union, an expert has warned. Transfer fees and wages may rise, said Simon Chadwick, More...

Super Eagles line up against Chad in  2017 AFCON qualifiers
By Editor On Friday, June 24th, 2016
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2018 FIFA World Cup qualifiers: Nigeria in tight group

Super Eagles line up against Chad in 2017 AFCON qualifiers Nigeria have been drawn in the group of death for the African Russia 2018 World Cup qualifying with Zambia, Algeria and bitter rivals Cameroon in group More...

brexit
By Editor On Friday, June 24th, 2016
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Brexit portends negative consequences for Nigeria – Akinterinwa

Britain’s decision to leave the European Union (EU) will have negative consequences on Nigeria, Prof. Bola Akinterinwa, Director-General, Nigerian Institute of International Affairs (NIIA), has said. Akinterinwa, More...

money-naira
By HOPE MOSES-ASHIKE On Friday, June 24th, 2016
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Naira firms again after CBN sells $76.8m at inter-bank market

The local currency, the naira yesterday, further appreciated in value against the US dollar after the Central Bank of Nigeria (CBN) sold about $76.8 million at the inter-bank foreign exchange market. Consequently, More...

oil-rig
By Editor On Friday, June 24th, 2016
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Oil hit hard as Britain votes to leave Europe

The world markets have been roiled this morning as traders woke up to the news that Great Britain has voted to leave Europe in a ground breaking vote, with Brent trading as much as three dollars down. Brent is trading More...

pounds
By Editor On Friday, June 24th, 2016
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Pound hits 30 year low as UK breaks out of EU

The value of the pound has fallen dramatically as it emerged that the UK had voted to leave the EU. At one stage it hit $1.3305, a fall of more than 10%, and a low not seen since 1985. Before the results started More...

jobs

Respite for Q3 job creation on rising business, FX policy

Indications are fast emerging that job creation for the third quarter of 2016 may rise marginally on the back of the recent foreign exchange (FX) liberalisation. Despite a fall in business activities and employment More...