Industries

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  CBN to hold 5-10 pct of forex in Chinese yuan

  Nigeria’s central bank is diversifying its foreign exchange reserves away from the U.S. dollar...

  • Posted September 5, 2011
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  Oando pays N5.4b dividend to shareholders

  Shareholders of Oando PLC, sub-Saharan Africa’s largest integrated energy group with a primary and secondary listing...

  • Posted September 5, 2011
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  All Set for Offshore Europe oil and gas conference in Aberdeen

  ABERDEEN CITY and Shire will host a wealth of local organisations and businesses at...

  • Posted September 4, 2011
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  Ozza Joint Ventures plans $100m oil refinery in Abia

  A consortium of indigenous oil refinery companies known as Ozza Joint Ventures Oil Field...

  • Posted September 3, 2011
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  Custodian Insurance announces share buy-back

  Custodian and Allied Insurance Plc. announced the country’s first share buy-back on Friday, a...

  • Posted September 2, 2011
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  N200b insurers’ funds trapped in stock market – NIA

  About N200billion representing 40 per cent of insurers’ funds are trapped in the capital...

  • Posted September 1, 2011
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  NNPC takes over SPDC’s oil blocks

  The Nigerian National Petroleum Corporation (NNPC) has taken over some of the oil blocks...

  • Posted August 31, 2011
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  Low megawatts generation at Papalanto is not our fault – Chinese Firm

  Project Manager of SEPCO III, Mr. Li Xianlai has said there must be uninterrupted...

  • Posted August 31, 2011
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  Flour Mills of Nigeria to start Sugar Refinery in 2012

  Flour Mills of Nigeria Plc’s sugar refinery, which is under construction in Lagos, will...

  • Posted August 29, 2011
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  Federal Government to install four hydro-electric turbines in Kainji

  The Federal Government has unveiled plans to install four additional hydro-electric turbines in the...

  • Posted August 29, 2011
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