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  • FG realised $882m from cocoa export in 2010

    The Federal Government realised $882,812,813 from the exportation of Cocoa in 2010, the Nigerian Export Promotion Council (NEPC) has disclosed. The Executive Director/ Chief Executive officer of NEPC, Mr David Adulugba, presenting a key note address at...

    • Posted April 4, 2011
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  • 2011 budget and its many challenges

    Overtime, the nation’s budget has become an object of intrigues and bickering from preparation to assent by the President. This has become the trend since the last decade. Undoubtedly, this development has led to avoidable delay which...

    • Posted April 4, 2011
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  • Oando records 77% growth in profit

    Oando PLC – listed on both the Nigerian and Johannesburg Stock Exchange – at the weekend announced a group profit-before-tax of N23billion for the full year ended Decembe 31, 2010. This represents 77 per cent increase compared...

    • Posted April 4, 2011
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  • Jonathan approves second phase of rail repairs

    President Goodluck Jonathan has okayed the rehabilitation of the second phase of the nation’s rail networks. The approval covers the rail line from Port Harcourt, Rivers State to Maiduguri, Borno State, Transport Minister, Alhaji Yusuf Suleiman disclosed...

    • Posted April 4, 2011
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  • SEC retains interim members on NSE Council

    The Securities and Exchange Commission (SEC) has directed the Council of the Nigerian Stock Exchange (NSE) to admit some professionals, as public interest members, to strengthen the Council and support its new management team. A statement from...

    • Posted April 4, 2011
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  • Bank executives’pay not regulated, says CBN

    The Central Bank of Nigeria (CBN) has said it will not interfere with banks’mechanisms for determining executive compensations despite global demand that financial institutions match directors ’paywith performance. CBN Deputy Governor, Financial Systems Stability, Kingsley Moghalu, who...

    • Posted April 4, 2011
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  • Aganga, Fashola for CIBN, NES forum on national budget

    Dr. Olusegun Aganga, Minister of Finance and Mr. Babatunde Raji Fashola, SAN, Governor of Lagos State, are among top level dignitaries from the public and private sectors of the economy that will participate at a special forum...

    • Posted March 30, 2011
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  • SEC grants NASD approval -in – principle to operate OTC market

    The Securities and Exchange Commission (SEC) has granted NASD Limited an Approval-in- Principle to operate Over-the- Counter market. Chairman of NASD, Mr Olutola Mobolurin, who disclosed this, said the company plans to launch an Over-the-Counter (OTC) trading...

    • Posted March 30, 2011
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  • MPR review: Contraction in real sector lending likely – Afrinvest

    The recent upward review on the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN) will have an effect on lending rates with further restrictions to net private sector credit flows, in addition to the...

    • Posted March 30, 2011
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  • Musician wants FG to make entertainment industry contribute to economy

    Lagos –  Mr Cohbams Asuquo, Director Cohbams Asuquo Music Production, has asked the Federal Government to make the entertainment industry a viable contributor to the nation’s economy. Asuquo said on Tuesday in Lagos that the government needs...

    • Posted March 30, 2011
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  • 2011 Kia Sorento, an all-round car

    Sorento is a mid-size crossover Sport Utility Vehicle produced since 2002 by the South Korean automaker, Kia Motors Corporation. As in virtually all vehicle models, the internet is replete with auto reviewers’ comments on the new Kia...

    • Posted March 30, 2011
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  • Creating streams of income from child care centres

    A day care centre provides a temporary but secure place, where children aged between five months and eight years can be cared for while their parents study, attend appointments or carry out other tasks. It is also...

    • Posted March 30, 2011
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  • First Bank: Court Orders Reinstatement of Sacked Manager

    Justice Owolabi Dabiri of the Lagos High Court has ruled that the termination of the employment of Mrs. Funmi Oyetunji ,  a Senior Manager , by First Bank of Nigeria Plc,  was wrong and of no legal...

    • Posted March 30, 2011
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  • Ad Practitioners Task Operators on Modern Approach

    In order to compete very well on the global scene, Nigerian advertising practitioners have been tasked on the need to brace up and incorporate the modern day technology and approach into their operations. Stakeholders who spoke at...

    • Posted March 30, 2011
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