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MTN To Sell 575 Million Shares To Nigerians

MTN Nigeria Plc has announced that it will commence sell of 575 million shares which is 14 per cent of its stakes to Nigerians. The shares were listed on the Nigerian Stock Exchange in Lagos in 2019. The shares are worth about N101bn ($244m). MTN Group Ltd announced the development …

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Sanwo-Olu Vows To Enforce Law On Collapse Building

Aware that the obvious absence of strict enforcement of laws, especially as it relates to building control is responsible for frequent incidences of building collapse, loss of lives and properties in the state, Lagos state governor Mr. Babajide Sanwo-Olu on Wednesday said he would enforce the state’s law on building …

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Minister: Nigeria needs N1.3 trillion to fix roads

The Minister of Works and Housing, Babatunde Fashola, has said the country will require N1.3 trillion to fix its roads in 2022. He also said the federal government is owing certified contractors N420 billion for road construction. Mr Fashola stated this when he appeared before the House of Representatives Committee …

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Why we are still detaining Obi Cubana — EFCC

The interrogation of socialite and businessman, Obinna Iyiegbu,  aka Obi Cabana, entered the third day on Wednesday, without any hint of when he would perfect his bail and leave the anti-graft agency in Abuja. An Economic and Financial Crimes Commission official confirmed to Vanguard that the businessman was still being …

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