All posts by BusinessNews Staff

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  FirstBank promotes financial independence, introduces “FutureFirst” initiative

  The future is often said to be here already as the world continues to witness man’s ingenuity in various disciplines. But there yet remains a need for deliberate financial planning to ensure a fulfilled future. It is...

  • Posted November 8, 2013
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  Customers win Cars, others at FirstBank’s Big Splash Promo Draw

  The first quarterly draw of the on-going First Bank of Nigeria Limited ‘Big Splash Promo today produced 3 winners of brand new Toyota Corolla cars at the quarterly draw which took place at Kolanut Conference Center in...

  • Posted November 8, 2013
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  Reps to investigate activities of concessionaires at Nigerian ports

  The House of Representatives on Thursday, mandated its Committees on Privatisation and Commercialisation, Public procurement, Commerce, Marine Transport and customs to investigate activities of concessionaires at Nigerian ports. This resolution emanated from a motion moved by Rep....

  • Posted November 8, 2013
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  FG urged to remove banks’ high interest rates on transactions

  The Federal Government has been called upon to remove banks’ high interest rates on transactions and other policies that hinder the development of small and medium enterprises in the country. The Executive Secretary of the Nigerian Investment...

  • Posted November 7, 2013
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  Investors trade 465.82 million shares on Wednesday

  Transactions on the floor of the Nigerian Stock Exchange, NSE, ended on Wednesday with investors trading 465.82 million shares valued at N4.93 billion in 4,579 deals. This was in contrast with the 319.99 million shares worth N2.78...

  • Posted November 6, 2013
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  Bayelsa signs partnership agreement with UK-based Heritage Oil

  The Bayelsa Government on Wednesday signed an agreement with a London-based oil firm, Heritage Oil Plc, to position the state for greater participation in the oil and gas business. Gov. Seriake Dickson, who signed for the state...

  • Posted November 6, 2013
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  FG to establish new agric marketing corporations

  The Federal Government is to establish new marketing corporations to further strengthen the agriculture sector and improve market opportunities for farmers. President Goodluck Jonathan disclosed this on Tuesday in Tudun Wada, Nasarawa State, while declaring open the...

  • Posted November 5, 2013
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  Islamic finance has potential for financial inclusion – Sanusi

  The Governor, Central Bank of Nigeria, Mr Lamido Sanusi, says Islamic financial products have the capacity for ensuring financial inclusion of significant segment of the population. Sanusi stated this on Tuesday in Abuja at the National Conference...

  • Posted November 5, 2013
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  Capturing the biometrics of bank customers will improve services – Sanusi

  The Governor of the Central Bank of Nigeria (CBN), Malam Lamido Sanusi, said the bank would begin capturing of biometric data of bank customers to ensure better services. Sanusi disclosed this on Tuesday in Abuja at the...

  • Posted November 5, 2013
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  Customs lost N603bn revenue in 2013 due to unfavourable government policies – Dikko

  Alhaji Abdullahi Dikko, the Comptroller-General of the Nigerian Customs Service (NCS), said on Monday in Abuja that the agency lost about N603 billion this year due to unfavourable government policies. He said that the losses were incurred...

  • Posted November 5, 2013
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