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All posts by BusinessNews Staff

  • NSE moves to protect investors using brokers’ online trading portals

    The Nigerian Stock Exchange (NSE) is making moves to give investors using the online trading portals of stockbroking firms adequate  protection as the exchange is coming out with  new Rules in that regard. The launch  of a...

    • Posted June 26, 2015
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  • Lagos becomes headquarter of Lufthansa sales organization for Sub-Sahara Africa

    Great news for Nigeria and Nigerian business as Lufthansa has designated Lagos as the center and regional headquarters of its Sub-Saharan sales, station and and administration organization leading marketing and sales for the airline across the continent,...

    • Posted June 25, 2015
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  • Avid foreign investors seek clarification on naira

    Foreign portfolio investors that are eager to play in Nigeria’s fixed income securities market following the country’s successful political transition would like to see a higher and more sustainable exchange rate equilibrium as well as a move...

    • Posted June 25, 2015
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  • LCCI harps on value addition to non-oil exports for economic development

    The Lagos Chamber of Commerce and Industry (LCCI), ‎Tuesday called on managers of the Nigerian economy to harness the nation’s human resources with modern technology, to add value to non-oil export that will result in improved earnings...

    • Posted June 25, 2015
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  • Telecoms subscriber base hits 143 million

    The National Bureau of Statistics on Tuesday put the number of people who subscribe to the mobile telecommunications networks at 143.05 million as of the first quarter of this year. The bureau, in a report on the...

    • Posted June 25, 2015
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  • CBN bans 40 items from accessing Forex

    The Central Bank of Nigeria (CBN) on Tuesday officially stopped the sale of dollars for a list of 40 items as it seeks to reduce pressure on the naira as well as preserve the country’s external reserves....

    • Posted June 25, 2015
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  • NPDC workers threaten to shut down crude oil production again

    In a renewed move to blackmail the federal government into reversing the withdrawal of the operatorship of some of the oil blocks sold by Shell and other International Oil Companies (IOCs) from the Nigerian Petroleum Development Company...

    • Posted June 25, 2015
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  • Naira faces fresh pressure, falls to 222 per dollar

    The naira, which rose to 180 against the dollar shortly after the inauguration of President Muhammadu Buhari about a month ago, has fallen to 222 at the parallel market due to a huge demand for dollars by...

    • Posted June 25, 2015
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  • CIS supports NSE’s plan for trading in derivatives

    The Chartered Institute of Stockbrokers has endorsed the plan by the Nigerian Stock Exchange to commence trading in derivatives. The Chief Executive Officer, NSE, Mr. Oscar Onyema, had on Monday said that the Exchange would commence trading...

    • Posted June 25, 2015
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  • Make Nigeria interesting to investors – Experts tell FG

    Following Monday’s revelation by the President Muhammadu Buhari that he inherited a country with virtually an empty treasury, stakeholders and experts have stressed the need for the Federal Government to improve the country’s investment profile to bridge...

    • Posted June 25, 2015
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