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  • NSITF partners BPP on ease of doing business

    The Managing Director of Nigeria Social Insurance Trust Fund (NSITF), Barrister Adebayo Somefun has pledged to create an automated business process in the Fund to support Government’s agenda on ease of doing business. Somefun who made the...

    • Posted June 6, 2017
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  • Nigeria’s June oil exports poised to hit 15-month high on Forcados plan

    Nigeria issued its first Forcados oil loading plan since 2016, putting the nation’s June oil exports on track to hit thier highest level in at least 15 months. The plan, if realised, would return loadings by Nigeria,...

    • Posted June 5, 2017
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  • FG directs for release of 6,000 seized smuggled rice to IDPs

    The Federal government have directed for the release of about 6,000 bags of rice seized from smugglers by the Katsina/Kaduna customs area command to Internally Displace Persons in the North East. The Area controller of the command,...

    • Posted June 5, 2017
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  • NNPC backs law to stop gas flaring

    The Nigerian National Petroleum Corporation (NNPC) has said that it has put in place measures and facilities to curb gas flaring preparatory to the 2020 flare out deadline by the Department of Petroleum Resources (DPR).     ...

    • Posted June 5, 2017
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  • N-Power portal to reopen June 17 – Minister

    The Minister of State for Budget and National Planning, Hajiya Zainab Ahmed, has advised youths to apply for the Federal Government’s National Social Investment Programme (N-SIP) which will be reopened on June 27. Mrs Ahmed said in...

    • Posted June 3, 2017
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  • Equities extend 6-day gain streak with N282bn

    The new month began on a bullish note as the Equities market of the Nigerian Stock Exchange (NSE) closed yesterday on a positive note, with the Market Capitalisation adding N282 billion to close at N10.47 trillion. The...

    • Posted June 3, 2017
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  • Sugar master plan implementation below average – Busari

    Nigeria has achieved only 40.3 per cent of the target set for attainment by the first half of the 10-year lifespan of her sugar master plan. Speaking at the mid-term implementation review of the Nigerian Sugar Master...

    • Posted June 3, 2017
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  • Electricity: Gas suppliers demand cash before delivery

    The Association of Power Generation Companies (APGC) has said the gas-fired Generation Companies (GenCos) owe gas suppliers about N200billion debt which has cut further credit supply from the firms. The Executive Secretary, Dr Joy Ogaji at a...

    • Posted June 2, 2017
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  • External reserves fall to $30.49bn – CBN

    Nigeria’s foreign exchange reserves fell to $30.49 billion as of May 25, the lowest level since April 18 and down 0.87 percent from a month ago, central bank data showed on Wednesday. The forex reserves were up...

    • Posted June 2, 2017
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  • No date for budget assent – Presidency

    The Presidency yesterday said no date has been fixed for the assent to this year’s budget transmitted to it by the National Assembly about two weeks ago. Daily Trust reports that there were reports last night that...

    • Posted June 2, 2017
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  • Customs CG to face Senate confirmation

    The Senate yesterday amended the Customs and Excise Management Act CAP C.45 of 2004, subjecting the appointment of the Comptroller-General of the Customs to its confirmation. This followed the approval of the report of the Senate Committee...

    • Posted June 2, 2017
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  • Benue Assembly passes N176.6bn 2017 budget

    The Benue State House of Assembly yesterday passed the budget of N176.6bn for the 2017 fiscal year. Governor Samuel Ortom had earlier presented a budget draft of N163.9bn to the assembly in December, but, the House made...

    • Posted June 1, 2017
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  • Osinbajo, Dangote, others in industrial policy council

    Acting President Yemi Osinbajo yesterday at the State House in Abuja inaugurated the Nigerian Industrial Policy and Competitiveness Advisory Council. The council is chaired by Osinbajo and has the Minister of Industry Trade and Investment, Okechukwu Enelamah...

    • Posted June 1, 2017
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  • N2.19bn lost to payment fraud in 2016 – Report

    The electronic payment space transaction fraud rose by 82 percent in 2016 with an estimated N2.19 billion lost to cyber criminals. This is contained in the Nigeria Electronic Fraud Forum (NeFF) annual report 2016 released yesterday. The...

    • Posted June 1, 2017
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