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  • Partnership Investment company records N1.6b gross earnings in 2010

    FOR the year ended December 31, 2010, Partnership Investment Company Plc recorded gross earnings of N1.6 billion, up by 161 per cent over the N598.6 million it posted in 2009. The company explained recently during its 2010...

    • Posted September 27, 2011
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  • Sanusi named Central Bank Governor of the Year

    Central Bank of Nigeria (CBN), Governor Sanusi Lamido Sanusi has, for the second consecutive year, has been named Central Bank Governor of the Year in Sub-Saharan Africa. The award was presented by the global business magazine, Emerging Market....

    • Posted September 26, 2011
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  • The Nigeria Labour Protests

    The Nigeria labour protest can only be better as it moves beyond the minimum wage debacle and into the serious need for reforms at various levels of governance. The demand for the commonwealth to trickle down into...

    • Posted September 26, 2011
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  • Airlines Services Plc plans to establish export processing zones at airports

    AIRLINES Services & Logistics Plc has announced its plans to establish export-processing zones at the nation’s airports as part of its divestment measures. Specifically, the company has concluded plans to process Nigerian foodstuffs for export through its...

    • Posted September 26, 2011
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  • Onitsha port to be inaugurated in November – Idris Umar

    The Minister of Transport, Idris Umar, has assured that the Onitsha port would be inaugurated in November. Umar gave the assurance at the end of his inspection of port projects in Baro in Niger, Onitsha in Anambra...

    • Posted September 26, 2011
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  • Nigerian Baptist Convention Commissions Bowen Microfinance Bank Limited

    Nigerian Baptist Convention (NBC) has commissioned Bowen Microfinance Bank Limited. Speaking at the formal opening in Obanikoro, Lagos, the Managing Director of the bank, Mrs. Adebimpe Ogunleye, disclosed that although the poor will always be in the...

    • Posted September 26, 2011
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  • Lafarge Cement N50 billion bond issuance to save Shareholders N10 billion in three years

    Project refinancing initiatives embarked upon by Lafarge Cement WAPCO Plc are expected to save the company and its shareholders N12 billion. The company explained at the weekend that its N50 billion bond issuance was expected to save...

    • Posted September 26, 2011
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  • Here Are The Winners of the African Banker Awards 2011

    Almost 300 guests were in attendance at the African Banker Awards 2011 that took place on the 23rd of September. Now in its fifth year running, the African Banker Awards was one of the biggest events pertaining...

    • Posted September 25, 2011
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  • Nigeria’s Informal economy

    We should reflect on our informal economy. We have an economy estimated to be worth near $42b, but with the bulk of economic activities happening in the informal economy/black market.  This is the main place where most...

    • Posted September 23, 2011
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  • Reps to investigate NNPC’s remittances to Federation Account

    The House of Representatives yesterday adopted a motion mandating its joint Committee on Finance,  Petroleum Resources  (Upstream and Downstream) and Gas Resources, to investigate how the Nigerian National Corporation (NNPC)  has been remitting revenue into the Federation Account....

    • Posted September 23, 2011
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