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South Africa’s ANC fails in bid to ban former leader Zuma’s party from polls

A South African court on Tuesday dismissed the ruling party’s case demanding a rival opposition party be deregistered and banned from participating in the upcoming election. The Electoral Court said the ruling African National Congress party’s objection to how the Independent Electoral Commission handled the uMkhonto weSizwe Party’s registration had no merit, adding it should…

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Migrant deaths soar as conflict forces more to flee – Report

Members of Spanish Civil Guard look for bodies of drowned migrants near the village of Canos de Meca in southern Spain, Tuesday, Nov. 6 2018  –   Copyright © africanews AP Photo/Javier Fergo, File By Africanews  Last updated: 2 hours ago MIGRANTS The new IOM report reveals alarming trends in migrant deaths and disappearances over the past decade….

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Better IVF outcomes emerge as Nordica Lagos introduces NiPGT-A

A NOVEL technique that improves and assesses the chromosomal makeup of embryos to improve Invitro Fertilization, IVF,  outcomes has been introduced in Nigeria. Known as  Non-invasive Preimplantation Genetic Testing for Aneuploidy (NiPGT-A ),  the technique reduces potential risks associated with traditional biopsy procedures, making it much safer and more accurate. Pioneer of the technique in…

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CBN slashes BDC exchange rate to N1,270/$

*To sell $10,000 per BDC this week By Babajide Komolafe Economy Editor The Central Bank of Nigeria, CBN, yesterday slashed the exchange rate in the Bureaux De Change, BDC,  segment of the forex market by 3.4 per cent or N50.5  to N1,269.8 per dollar even as it commenced another round of dollar sale to eligible BDCs….

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NNPC plans gas strategy for industrialisation, economic devt

THE Nigerian National Petroleum Company (NNPC) Ltd has said its gas strategy is set to trigger Nigeria’s industrialisation and economic growth. NNPC’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan, disclosed this during a Panel Session at the 2024 CERAWeek Conference in Houston, the United States. Eyesan said Nigeria is a predominantly gas-rich country which boasts of over 200TCF…

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LCCI challenges FG over monies saved from cost cutting

The Lagos Chamber of Commerce and Industry (LCCI) has commended the recent actions taken by the Federal Government to cut the cost of governance in Nigeria. However, in a statement made available to Vanguard yesterday, Director General of LCCI, Dr Chinyere Almona, charged the government to publicise amount of funds recouped from all cost-cutting initiatives and…

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Electricity subsidy to hit N4.9trn in 10 years

Nigeria grew by 22.16 per cent from N528 billion in 2019 to N645 billion in 2023, latest figures from the Nigerian Electricity Regulatory Commission, NERC, has shown. With the Commission projecting N1.6 trillion as electricity subsidy for 2024, total subsidy in the past 10 years is expected to hit N4.993 trillion by the end of the year….

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