All posts by BusinessNews Staff

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  FG promises to boost Aerospace Manpower Training Centre

  Minister of State for Works, Adedapo Adeyeye, has promised that the federal government would give the Regional Centre for Training in Aerospace Surveys (RECTAS) all the necessary support to make it a centre of excellence. Adeyeye spoke...

  • Posted March 6, 2015
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  60 million Nigerians don’t have bank accounts — Report

  Results from a total demographic study carried out by the Enhancing Financial Innovation and Access has shown that from a sample of 93.5 million Nigerian adults, only 33.9 million are banked. According to the EFIA findings, the...

  • Posted March 6, 2015
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  FBN Holdings gets new board members

  FBN Holdings Plc on Wednesday announced the appointment of Mr. Omatseyin Akene Ayida and Mrs. Bosede Adebola Osibogun as non-executive directors on its board. The company, in a statement, said the directors would bring to bear several...

  • Posted March 6, 2015
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  FG plans to raise N95bn through bonds

  The Federal Government has disclosed plans to raise N95bn ($476m) by selling bonds with maturities ranging between five and 20 years, the Debt Management Office said on Wednesday. The debt office said it would raise N35bn in...

  • Posted March 6, 2015
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  Nigeria targets cargo imports from Niger Rep

  Nigeria is targeting over three million metric tonnes of imported cargoes from Niger Republic through improved seaport efficiency . The Executive Secretary, Nigerian Shippers Council, Mr. Hassan Bello, disclosed this at an interactive session with journalists in...

  • Posted March 6, 2015
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  FG begins clampdown on erring private jet owners

  The federal government is set to clampdown on all owners of foreign registered, privately operated aircraft in the country who have failed to regularise their documentation in conformity with their operational status. The Nigerian Civil Aviation Authority...

  • Posted March 6, 2015
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  Market remains positive as banking stocks rally

  The Nigerian equities market began the month of March with a positive performance as the Nigerian Stock Exchange (NSE) All-Share Index appreciated by 0.54 per cent to close at 30,267.18. The market rallied in the past two...

  • Posted March 4, 2015
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  Naira gains marginally on dollar sales by oil firms

  The naira firmed by 1.13 per cent against the dollar on the interbank market in thin trade on Monday, supported by dollar flows from two energy companies, traders said. FMDQ data showed that the naira closed at...

  • Posted March 4, 2015
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  Fuel scarcity to last till next week

  The current scarcity of petrol in most parts of the country is expected to continue till next week, marketers told one of our correspondents on Monday. While the pump price of the product had risen to N120...

  • Posted March 4, 2015
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  Marketers shun PPPRA, sell diesel above recommended market price

  Despite the over 50 per cent drop in the price of crude oil in the international market, which effectively forced a decline in the prices of petroleum products, oil marketers have continued to sell Automotive Gas Oil...

  • Posted March 4, 2015
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