All posts by BusinessNews Staff

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  Global oil glut set to last till mid-2017 – IEA

  A global oil glut that has hurt producers but means cheaper pump prices look set to go on at least six months longer than previously thought, the IEA said Tuesday, sending world oil prices slumping. The International...

  • Posted September 15, 2016
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  Access Bank wins double recognition

  Access Bank Plc has been named Bank of the Year in this year’s edition of the annual BusinessDay Banking Awards. The Group Managing Director and Chief Executive Officer of the bank, Mr. Herbert Wigwe, was also voted...

  • Posted September 15, 2016
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  Delta woos investors with high returns

  Governor Ifeanyi Okowa of Delta State has assured local and international investors of high returns on investment when they tap into the rich business opportunities in the state. The governor spoke in Lagos while delivering a lecture...

  • Posted September 15, 2016
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  FBN Holdings triumphs at BusinessDay Annual Banking Awards

  FBN Holdings Plc, Nigeria’s leading financial services group, garnered four awards at the BusinessDay 2016 Annual Banking Awards. First Bank of Nigeria Limited and FBN Capital Limited, both subsidiaries of the FBNHoldings Group were recipients of double...

  • Posted September 14, 2016
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  Bello pledges 100,000 jobs for Kogi youths

  The Kogi State Governor, Yahaya Bello, has said his administration plans to empower 100,000 youths in the state to prevent them from becoming hooligans and tools in the hands of politicians. Bello, who described his administration as...

  • Posted September 14, 2016
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  Nigeria records biggest drop in oil output

  Crude oil production from Nigeria dropped the most in August among its peers in the Organisation of Petroleum Exporting Countries, paring the gain it recorded in the previous month. Nigeria had in March lost the status of...

  • Posted September 14, 2016
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  Agriculture plan needed to manage recession – Envoy

  Nigeria needs an agricultural blueprint to get out of recession, the Irish Ambassador to Nigeria, Mr. Sean Hoy, has said. Hoy, who spoke when he visited the Minister of Science and Technology, Dr. Ogbonnaya Onu, in Abuja...

  • Posted September 14, 2016
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  Despite huge deposits, Nigeria imports coal, iron ore – FG

  Nigeria currently imports significant amounts of coal and iron ore despite huge deposits of the mineral resources in the country, the Federal Government has said. The Federal Government said this in a document entitled: ‘Road map for...

  • Posted September 14, 2016
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  Nigeria has market for green bonds – Onyema

  the Chief Executive Officer, Nigerian Stock Exchange, Mr. Oscar Onyema, says there is significant market potential for green bonds in Nigeria. He said as a developing market with a population in excess of 180 million people, with...

  • Posted September 14, 2016
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  FG to reconcile MDAs’ huge debts to 11 Discos

  The federal government has said that it will review the huge debts owed the 11 electricity distribution companies (Discos) by its ministries, departments and agencies (MDAs) with a view to paying them off once their statuses are...

  • Posted September 14, 2016
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