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CBN launches tertiary institutions youth empowerment with N30m for 6 beneficiaries

By Kadiri Abdulrahman As a way of tackling the problem of  growing youth unemployment in Nigeria, the Central Bank of Nigeria (CBN) on Thursday  formally launched the Tertiary Institutions Entrepreneurship Scheme (TIES) in Abuja. The apex bank also presented cheques of N5million each to six pioneer beneficiaries of the scheme to help boost their businesses, create employment  and […]

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Stocks and oil plunge as new Covid variant fears slam global markets

Dow futures plunged and oil fell more than 6% on Friday as the emergence of a new Covid-19 variant rattled global markets. Asian stocks led the way, with Hong Kong’s Hang Seng Index (HSI) dropping 2.7%, while Japan’s Nikkei 225 (N225) was down 2.5%. European markets sold off heavily, with major indexes including the FTSE100, France’s CAC40 (CAC40) and Germany’s DAX (DAX) all down by between 2.5% and 3%. US […]

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Akeredolu appoints 7 new board directors

By Ayodeji Alabi Gov. Oluwarotimi Akeredolu of Ondo State has approved the appointment of seven directors to represent the state on the board of some companies. Mr Donald Ojogo, State Commissioner for Information and Orientation made this known in a statement made available to newsmen in Akure on Thursday. Akeredolu said the directors are; Dr […]

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Israel, Britain restrict travel from southern Africa over new Coronavirus variant

Israel and Britain have announced new travel restrictions on several African countries over concerns about a new Coronavirus variant. Israel reclassified South Africa, Lesotho, Botswana, Zimbabwe, Mozambique, Namibia and Eswatini with immediate effect, Prime Minister, Naftali Bennett’s office said after a special meeting. Foreigners from these countries can no longer travel to Israel from those […]