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Aug 6, 2024 | 
nigerianobservernews.com | Teliat Sule |Chuks Oluigbo |Princess Nzerem |Ondo Polls
Finance costs of twelve listed manufacturing firms on the Nigerian Exchange Group (NGX) increased by three digits in the first six months of 2024, manifesting the flip side of the continuous hike in the benchmark interest rate. The selected group of manufacturing companies, led by Dangote Cement, recorded N476.54 billion as finance costs as at half year 2024 compared with N203.28 billion as of June 2023, amounting to an increase of N273.26 billion or 134 percent during the period.
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Aug 6, 2024 | 
nigerianobservernews.com | Tobore Jerome |Chuks Oluigbo |Princess Nzerem |Ondo Polls
The Independent National Electoral Commission (INEC) said it registered a total of 177,914 fresh voters ahead of the upcoming Edo and Ondo State Governorship elections. A statement by the National Commissioner and Chairman of the Information and Voter Education Committee, Sam Olumekun, on Monday, said Edo State has 119,206 new voters, while Ondo State has 58,708.
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Aug 6, 2024 | 
worldstagenews.com | Ondo Polls
WorldStage Newsonline– Nigeria’s Independent National Electoral Commission(INEC) has approved the final register of voters for the Edo and Ondo Governorship elections.
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Aug 6, 2024 | 
nigerianobservernews.com | Chuks Oluigbo |Princess Nzerem |Ondo Polls |Nigerian Byzantine politics
…urges FG to learn from Edo’s feeding programme successes…says Edo’s largest oil palm devt in Africa evidence of Obaseki’s agric revolutionThe Special Adviser to the Edo State Governor on Media, Crusoe Osagie has lambasted a former Governor of the State, Senator Adams Oshiomhole over comments disparaging Governor Godwin Obaseki’s agricultural reforms and the state’s feeding programme for the vulnerable amid other statements aimed at undermining the government’s laudable achievements.
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Aug 6, 2024 | 
nigerianobservernews.com | Chuks Oluigbo |Princess Nzerem |Ondo Polls |Nigerian Byzantine politics
Special Adviser to the Edo State Governor on Media, Crusoe Osagie, has berated the Minister of Niger Delta Affairs, Engr. Abubakar Momoh, for attempting to mislead the public on the State Government’s feeding programme, noting that claims by the Minister that the bags of rice allocated to the State by the Federal Government were rebagged and distributed by the state government is completely false and malicious.
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Aug 6, 2024 | 
nigerianobservernews.com | Chuks Oluigbo |Princess Nzerem |Ondo Polls |Nigerian Byzantine politics
…places diaspora sponsors on watch list, blocks bank accountsThe Nigerian government on Tuesday said it has placed sponsors of the nationwide #EndBadGovernance protests on a watch list and also blocked some bank accounts belonging to the sponsors whom, it said, mostly live abroad. This revelation came at the end of a closed-door strategic meeting of the Chief of Defence Staff with heads of intelligence and security agencies at Defence Headquarters, Abuja.
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Aug 6, 2024 | 
nigerianobservernews.com | Patrick Abang |Chuks Oluigbo |Princess Nzerem |Ondo Polls
Jonathan Igbal, the managing editor of Cross River Watch, an online platform, has been beaten up, handcuffed and taken by security agents to an unknown destination in Calabar, Cross River State. Janarhan, who is also an activist, was before the protest being trailed by security personnel for his outburst and insisting on the protest.
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Aug 6, 2024 | 
nigerianobservernews.com | Teliat Sule |Chuks Oluigbo |Princess Nzerem |Ondo Polls
… total revenue made in Nigerian markets…. profitability of oil palm firms justifies investments in ESOPPPresco Nigeria Plc, one of Nigeria’s biggest agro-allied firms, has set a new record as it recorded a huge profit after tax in the first six months of 2024. The company announced a profit after tax of N38.88 billion from January to June 2024, amounting to an increase of 158 percent over N15.08 billion profit made in the similar period of 2023.
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Aug 6, 2024 | 
nigerianobservernews.com | Happy Osagie |Chuks Oluigbo |Princess Nzerem |Ondo Polls
The Kaduna State Government has imposed a 24-hour curfew on Kaduna metropolis and Zaria as well as their environs, as the #EndBadGovernance protests which entered the 5th day turned violent leading to massive looting and vandalism, Arise TV reports.
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Aug 6, 2024 | 
nigerianobservernews.com | Philip Jeremiah Eke |Chuks Oluigbo |Princess Nzerem |Ondo Polls
Governor of Bayelsa State, Senator Douye Diri, has said the frequency of power outages in the state was of serious concern to his administration. Senator Diri, in a statement issued by his Chief Press Secretary, Mr. Daniel Alabrah, weekend lamented that the state had again been thrown into darkness following the collapse of two 132kV lines that transmit electricity to the state from Owerri in Imo State through Ahoada in Rivers State.
