Industries

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  Central Bank’s intervention at Interbank bolsters naira

  The naira appreciated by N2.85 against the United States dollar at the interbank arm...

  • Posted February 6, 2015
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  NNPC puts Nigeria’s current crude oil losses through vandalism at 60,000b/d

  The Nigerian National Petroleum Corporation (NNPC) on Wednesday estimated that Nigeria currently loses about...

  • Posted February 6, 2015
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  Naira devaluation likely if oil hits $39 – Report

  A further devaluation of the naira is very likely if the price of oil...

  • Posted February 6, 2015
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  Niger Republic’s dam threatens Kainji, Jebba power plants

  Two of Nigeria’s major hydroelectric power plants that draw water from the River Niger...

  • Posted February 6, 2015
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  Power sector records N7.2bn losses in six months

  Nigeria’s power sector with an Aggregate Technical, Commercial and Collection losses put at over...

  • Posted February 6, 2015
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  Nigeria’s Nominal GDP to hit N156.29trn in 2019

  Nigeria’s nominal gross domestic product (GDP), which was estimated at N84.91 trillion in 2014...

  • Posted February 5, 2015
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  Foreign participation in debt market drops to 13.7%

  Foreign participation in Nigerian fixed income securities market has almost halved to about 13.7...

  • Posted February 5, 2015
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  FG to punish private airlines operating commercial flights

  The Federal Government has announced that it will come down hard on private airline...

  • Posted February 5, 2015
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  CBN to boost forex liquidity with $30,000 to BDCs

  In order to improve liquidity in the Bureau De Change (BDC) segment of the...

  • Posted February 5, 2015
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  Power firms must now obey rules – NERC

  The Nigerian electricity supply industry on February 1, 2015 attained the much-awaited ttransitional stage...

  • Posted February 5, 2015
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