All posts by Ifreke Inyang

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  Over one million jobs under threat in cement industry – NLC

  Protesting workers in the chemical and non-metallic sector on Tuesday asked the federal government to reconsider its proposed plan to review the cement policy in favour of only one type, warning that more than one million direct...

  • Posted June 20, 2014
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  Stockbrokers send 17 nominees for NSE Council membership

  The Association of Stockbroking Houses (ASHON) has sent names of dealing members that will represent stockbrokers on the Council of the Nigerian Stock Exchange (NSE), THISDAY checks have revealed. Sources close the NSE disclosed that 17 nominees...

  • Posted June 19, 2014
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  Budget deficit: FG may meet 3% of GDP ceiling

  Experts in the nation’s financial service sector have predicted that Nigeria’s deficit for the year would meet the ceiling of three per cent of gross domestic products (GDP) set in the Fiscal Responsibility Act (2007). The deficit...

  • Posted June 19, 2014
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  Inflation may rise to 10% before September — Rewane

  The national headline inflation may increase from the current rate of eight per cent to 10 per cent within three months if nothing is done about the impact of emerging inflationary threats, the Chief Executive Officer, Financial...

  • Posted June 19, 2014
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  Benin Disco secures US Agency grant

  Benin Electricity Distribution Plc (BEDC) has recorded a major milestone as the first distribution company to benefit from a grant funding by United States Trade and Development Agency (USTDA). Minister of Power, Professor Chinedu Nebo, had earlier...

  • Posted June 19, 2014
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  Nigeria records improvement in Social Progress Index

  Nigeria improved its ranking on the Social Progress Index 2014, a report by the National Competitiveness Council of Nigeria (NCCN) showed tuesday. This was as a result of regulatory reforms and increased competitiveness as a means to...

  • Posted June 19, 2014
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  CBN plans credit system to ease access to funds

  The Central Bank of Nigeria on Wednesday unveiled plans to establish a National Credit Scoring System to enhance access to credit. The apex bank Governor, Mr. Godwin Emefiele disclosed this while speaking at a seminar on “Rebasing...

  • Posted June 19, 2014
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  Oil theft in Nigeria reduces OPEC’s output – IEA

  The activities of oil thieves in Nigeria are currently telling on the output of the Organisation of Petroleum Exporting Countries in terms of depleting oil exports. With the demand for oil currently picking up due to a...

  • Posted June 19, 2014
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  Interest rate cut not feasible now – Bankers’ Committee

  The Bankers’ Committee on Tuesday said that it might be difficult for the Central Bank of Nigeria to achieve lower interest rates for the country owing to the current macroeconomic environment. The committee, at the end of...

  • Posted June 19, 2014
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  ITF seeks intervention fund from PenCom, SURE-P, SWF

  The Industrial Training Fund on Tuesday called on the Federal Government to provide an intervention fund to enable the agency equip its training centres across the federation. The Director-General, ITF, Dr. Juliet Chukkas-Onaeko, made the appeal in...

  • Posted June 19, 2014
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