All posts by BusinessNews Staff

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  FG to procure one million meters from local manufacturers

  The Federal Government has stated that the one million meters it proposed to supply to Nigerians as part of the efforts of government to bridge the wide metering gap in the power sector would be procured from...

  • Posted February 11, 2015
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  Naira hits record low 196.30 to dollar

  The naira hit an all-time low of 196.30 against the dollar at the interbank segment of the foreign exchange market on Monday following the announcement of the postponement of the general elections by six weeks. The Independent...

  • Posted February 11, 2015
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  Banks must comply with regulations — DataPro

  The Founder and Managing Director, DataPro Limited, Mr. Abimbola Adeseyoju, has urged banks in the country to see compliance with laws and regulations as a necessary tool for the survival of their businesses. He said compliance officers...

  • Posted February 11, 2015
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  Equities value dips by N209bn on election delay

  Investors on Monday reacted negatively to the postponement of the general elections by the Independent National Electoral Commission, causing the major market indicators to record their biggest drop in more than one week. At the close of...

  • Posted February 11, 2015
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  Election postponement will affect businesses, investors – LCCI

  The Lagos Chamber of Commerce and Industry has expressed concern about the negative impact of the elections postponement on businesses and investors’ confidence. The LCCI, in a statement on Sunday, said investors needed to have an idea...

  • Posted February 11, 2015
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  Political tension hampers investment in Nigeria’s oil, gas industry

  As oil and gas industry operators contend with the non-passage of the Petroleum Industry Bill (PIB), which has created uncertainty in the operating environment, the political tension associated with the 2015 general elections is also taking heavy...

  • Posted February 11, 2015
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  SEC explains Market Trade Groups’ empowerment

  The acting Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo  has said empowering trade groups in the Nigerian capital market would enable  the commission focus  on its primary responsibilities of regulating and developing the...

  • Posted February 10, 2015
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  200 foreign firms to attend Enugu Trade Fair

  Despite the increasing spate of insecurity in some parts of the country,  no fewer than 200 foreign firms from India, United Kingdom, United States, China and other parts of the world have indicated their readiness to take...

  • Posted February 10, 2015
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  Huawei expands network services with Airtel

  Huawei has announced that it has extended its strategic partnership with Nigeria Bharti Airtel by expanding the managed services coverage to Abuja and environs. The extension, it said, would improve network quality and enhance the Airtel customer...

  • Posted February 10, 2015
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  IMF, Ecobank differ on bank’s corporate governance

  The International Monetary Fund (IMF) has said that rushed growth and poor governance at pan-African lender, Ecobank, pose serious concerns. According to Reuters, the multilateral institution stated this in a report about banks operating across African borders....

  • Posted February 10, 2015
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