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FG will create 1m jobs in 2016 – Osinbajo

He said that President Muhammadu Buhari had announced job opportunities for 500,000 graduate-youths to be engaged as teachers. He added that an estimated 500,000 non-graduate unemployed people would be trained as artisans. The Vice President explained that the Conditional Cash transfer Scheme was intended to utilise the thrift system to grant loans to market women to enable them improve their businesses and earn decent living.

2015: Foreign reserves drop to $29.13b – CBN

The bank said on its Website that the drop represented 2.43 per cent from 29.31 billion dollars recorded as at Dec.23
The foreign reserves have been dropping since July 1, 2015.

King of Mandela’s clan jailed for 12 years in S.Africa

The 51-year-old king, a self-confessed marijuana smoker, was found guilty of torching dwellings that housed some of his subjects and tenants who had resisted eviction. He was also convicted of publicly assaulting three young men who had already been brutally beaten by his henchmen, and of kidnapping a wife and children of one of his subjects whom he considered a dissident.

Breaking News: A-Court reverses nullification of Gov Ishaku’s election

“The right to complain is severely limited to participants in the primary election. Whether the primary election was done rightly or wrongly cannot be subject of an election petition. “The most important question to be asked here is, was the appellant a member of a political party or sponsored by a party to participate at the election?

NCC ready to force MTN to pay fine as deadline expires

It imposed a whopping $5.2 billion fine, later reduced to $3.9 billion (3.6 billion euros) following an appeal by MTN. “If MTN fails to meet the deadline today (Thursday), the regulatory body will enforce the fine,” Nigerian communications ministry spokesman Victor Oluwadamilare told AFP.

Court sentences Shiite to death, jails 22 for forming terrorist group

A Bahraini court sentenced a Shiite citizen to death and jailed 22 others for life Thursday for forming a “terrorist group” that killed two people, including a policeman. This is the second such ruling this week in the tiny Sunni-ruled Gulf kingdom, where members of the Shiite majority population have led an uprising.

Buhari assents to 2015 supplementary appropriation act

ABUJA—President Muhammadu Buhari has assented to the 2015 Supplementary Appropriation Act, just as he extended the 2015 financial year to March 31, next year. The implication of the extension is that the 2015 budget would be effective till March 31, 2016, after which the implementation of the 2016 budget can begin.

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