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All posts by BusinessNews Staff

  • UN: Africa’s Urbanisation Faster than Water

    The United Nations has revealed that the number of people without access to adequate water and sanitation facilities in Africa has risen swiftly in recent decades as the continent’s rapid urbanisation outpaced its capacity to provide the...

    • Posted March 27, 2011
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  • ‘Chinese Investments Boost Nigerian Economy’

    A trader has said the establishment of the China market has helped to attract Chinese investments to Nigeria. General Manager, Ojota China Market, Mr. Julius Solomon made this remark while speaking with newsmen as part of the activities...

    • Posted March 27, 2011
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  • NASSI to Launch Loans for Member Firms

    The Nigerian Association of Small Scale Industrialists (NASSI) is set to launch a Guarantee scheme of its member firms.   The President of the body, Mr Chuku  Wachuku, who made the disclosure in Lagos Wednesday said the programme...

    • Posted March 27, 2011
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  • CBN, Credit Bureaux Plan Identification Scheme

    As part of efforts aimed at enhancing the flow of credit in the country, the Central Bank of Nigeria (CBN) and operators of Credit Bureaux in the country are considering the introduction of a unique means of identification...

    • Posted March 27, 2011
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  • Equities Regain N301bn in Four Days

    Nigerian equities sustained their positive run at the stock market for the fourth day Wednesday, recovering N301 billion in the process. The market, which witnessed an unprecedented bear run recently began  its recovery last Friday. Operators had attributed the...

    • Posted March 27, 2011
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  • Gulder To Reward Consumers Through National Promo

    GULDER Lager beer, a leading beer brand manufactured by Nigerian Breweries (NB) Plc, is set to reward its loyal consumers through a national consumer promo. With the promo, consumers stand the chance of winning 24 brand new...

    • Posted March 27, 2011
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  • CBN Tightens Noose Against Naira Depreciation

    The Central Bank of Nigeria (CBN) Wednesday  adopted new measures aimed at protecting the naira, Nigeria’s local currency against exchange rate risk exposure with the implementation of Wholesale Dutch Auction System Forwards (WDAS-FWD). The regulator disclosed this...

    • Posted March 26, 2011
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  • Starcomms Moves to Acquire Telkom Multi-links.

    Nigerian Code Multiple Division Access CDMA operator, Starcomms,  is negotiating to close a deal that will enable it acquire the troubled Telkom Multi-links. THISDAY gathered that the deal was nearing completion but was being hampered bycost of...

    • Posted March 26, 2011
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  • Fidelity Introduces Finance Support Scheme

    Fidelity Bank Plc has rolled out an interventionist product that is intended to provide a solid financial backbone for effective medical practice in Nigeria and restore confidence into the nation’s healthcare delivery system. The product, aptly called,...

    • Posted March 26, 2011
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  • Regulatory Commission Cautions on PPP Programme

    The Director-General of the Infrastructure Concession Regulatory Commission  (ICRC), Engr. Mansur Ahmed, has warned that Nigeria’s Public and Private Partnership (PPP) transactions may be prone to failure if the financial modelling competencies of finance and accounting professionals...

    • Posted March 26, 2011
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