All posts by BusinessNews Staff

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  LCCI faults CPC’s product registration moves

  The Lagos Chamber of Commerce and Industry has opposed steps taken by the Consumer Protection Council to register products of manufacturing firms. The disapproval was contained in a speech delivered by the President of LCCI, Mr. Remi...

  • Posted April 25, 2015
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  BOI boosts businesses in South West with N18bn facility

  As part of its commitment to boost small and medium scale businesses in Nigeria and position the country for economic boom in the comity of other nations, the Bank of Industry (BOI) said it had provided loans...

  • Posted April 25, 2015
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  Guinness Nigeria Plc announces quarterly result

  Guinness Nigeria Plc, a subsidiary of Diageo Plc, has announced its quarterly results for the nine months period ended 31 March 2015. The announcement which was made to the Nigerian Stock Exchange, revealed a 17% increase in...

  • Posted April 24, 2015
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  House of the Week: An awesome 6-bedroom house for sale at Maitama, Abuja

  Beautiful homes always stand out from the rest and such is the case of our house of the week which is located in Maitama, the heart of Abuja city. This awesome house is fully detached and it...

  • Posted April 24, 2015
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  FG expends N373bn on PHCN severance benefits

  The National Council on Privatisation (NCP) has affirmed that a total sum of N373.17 billion has been paid to staff of the defunct Power Holding Company of Nigeria (PHCN) as entitlements. While commending the progress achieved by...

  • Posted April 24, 2015
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  SEC to reduce transaction time

  The Securities and Exchange Commission on Wednesday said the Capital Market Committee was working to reduce the settlement cycle for transactions in the capital market and on other initiatives that would speed up the development of the...

  • Posted April 24, 2015
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  Buhari to publish PwC Forensic Audit on NNPC

  President-elect Muhammadu Buhari’s administration will publish the full audit of the Nigerian National Petroleum Corporation (NNPC) and expects the state-run oil firm to repay the government more than previously recommended, former Ekiti State Governor, Dr. Kayode Fayemi,...

  • Posted April 24, 2015
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  Nigeria’s Code of Corporate Governance ready

  The steering committee constituted by the federal government to develop a National Code of Corporate Governance (NCCG) for the country has finalised work on the draft document. To this end, the NCCG was on April 15th exposed...

  • Posted April 24, 2015
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  IFC, MasterCard expand electronic payment agreement

  The International Finance Corporation, an arm of the World Bank Group, has signed an agreement with MasterCard Incorporated to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to electronic...

  • Posted April 24, 2015
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  Delayed subsidy payment increases marketers’ debt

  Constant delay in subsidy reimbursement by the Federal Government has led to increase in oil marketers’ debt exposure, driving their finance charges higher, industry analysts have said. According to analysts at Ecobank Capital, the sustained delay in...

  • Posted April 24, 2015
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