Royal fathers want to monitor government projects

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Traditional rulers in Cross River State are pushing for a law which will empower them to monitor government projects under construction in their domains to ensure that such projects are executed to specification. Apart from projects under execution, the envisaged law will also enable them to protect projects sited in their domains and also on regular basis keep government informed…

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Nobody should rig April polls for me

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The governor of Plateau State, Jonah Jang and the People's Democratic Party (PDP) gubernatorial candidate for the April polls, has warned his supporters against rigging the elections for him. Mr Jang, who handed down the warning in an address to PDP supporters at a campaign rally in Jos on Wednesday, literarily cursed whoever contemplated such. "If anyone rigs election, it…

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Election officials pray for violence-free polls

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The Resident Electoral Commissioner of the Independent National Electoral Commission in Anambra State, Chukwuemeka Onokogu, has called on Nigerians to pray for violence-free elections in April. Mr. Onokogu, who made the call during a prayer session with staff of the Commission in Awka, asked them to pray to God to save them from temptations that might come from the political…

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Chris Brown outburst divides fans, album soars

Anny set to release sophomore album Gospel singer, Anne Emmanuel Ibrahim, popularly known as Anny, will release her sophomore album titled ‘Time' very soon. Speaking in an interview, the singer said the album will be a 15-tracker featuring collaborations with gospel musician, Sammy Okposo, ‘Kokoroko' crooner, Kefee, Soul-E, and producer, Mekoyo. Anny disclosed that she has been busy after releasing…

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Kenya to cut spending in 2011/12

Kenya expects overall spending in 2011/12 and its budget deficit to narrow from last year and for development expenditure to rise, its finance minister said on Wednesday. Overall spending is seen at 975.8 billion shillings in 2011/12, or 31.7 per cent of Gross Domestic Product (GDP), from a revised 883.9 billion shillings this year, equivalent to 32.7 per cent of…

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Uganda Central Bank to raise minimum capital base

Uganda's Central Bank plans to raise the minimum capital requirement for commercial banks by March 2013 to boost their ability to absorb shocks and put the country's financial system on a par with others in the region. Elliot Mwebya, the Central Bank's director of communications, said banks in East Africa's third largest economy would be required to increase capital bases…

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Value of equities improve at the Exchange

The value of equities at the Nigerian Stock Exchange (NSE) yesterday rebounded appreciably after negative performances. The NSE market capitalisation of the 194 First-Tier equities closed on Wednesday at N8.077 trillion, after opening the day at N7.983 trillion, reflecting 1.18 per cent or N94 billion gains. The market had last week plunged to N7.775 trillion due to low investors' confidence,…

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