Latest News

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  BSI grants NSE ISO 27001:2013 certification

  The Nigerian Stock Exchange (NSE) said it has achieved the ISO27001:2013 Certification, the most stringent global standard for Information Security. The award, according to the Exchange, which was received from the British Standard Institute (BSI), working with...

  • Posted September 1, 2015
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  BVN: CBN confirms enrolment of 19 million bank customers

  The Central Bank of Nigeria (CBN) has disclosed that a total of 19 million bank customers have so far registered for the bank verification number (BVN). Director, Banking and Payment System, CBN, Mr. Dipo Fatokun, disclosed this...

  • Posted September 1, 2015
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  NNPC shuts Warri refinery over vandalism

  Barely a month after it resumed production, the Warri Refining and Petrochemical Company Limited has been shut down again, a situation that may constitute a setback to the new administration’s current efforts at shoring up local supply...

  • Posted September 1, 2015
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  658 Lagos pensioners get N2.27bn

  Lagos State said it had given out Retirement Benefit Bond Certificates worth N2.17bn to 658 retirees in the state as part of efforts to ensure comfortable future for them. A statement obtained from the Lagos State Pension...

  • Posted September 1, 2015
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  PHEDC workers will strike every month – Ajaero

  Electricity workers in Port Harcourt have threatened to continue with industrial action every month till the issues affecting workers’ welfare are resolved by the management of the Port Harcourt Electricity Distribution Company. While addressing journalists in Lagos...

  • Posted September 1, 2015
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  SEC partners schools to improve investor education

  The Securities and Exchange Commission has said it is ready to collaborate with stakeholders in the education sector as a means of promoting human capital development and investor education. The commission said in a statement on Sunday...

  • Posted September 1, 2015
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  Firms urge SON to end 12-year attack by counterfeiter

  The Nigeria Ball Point Pen Industries Plc (NIPPEN), makers of BIC products including shavers and pens, along with Van Morris Links Limited franchise owners of Dorco shavers, has called on the Standards Organisation of Nigeria (SON) to...

  • Posted September 1, 2015
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  Anxiety trails Ports infrastructure audit

  It is about nine years since the nation’s seaports were handed over to the private operators under a concession programme. Prior to 2006, the Nigerian Ports Authority (NPA) handled terminal operation, a major statutory function that was...

  • Posted August 31, 2015
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  Power firms not ready for commercial market — TCN

  The continued flouting of the contractual demands of the Transitional Electricity Market by power distribution companies is a clear indication that the firms are not prepared for the take-off of TEM, which was declared in February this...

  • Posted August 31, 2015
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  Interbank rates ease on cash inflows

  The nation’s interbank lending rates fell sharply to 8.25 per cent on average this week from 40 per cent last week after budgetary allocations to government agencies on Thursday raised liquidity levels in the money market. The...

  • Posted August 30, 2015
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  India’s import of Nigeria’s oil hits record high

  Import of Nigerian crude oil by India hit a record high of 20.373 million barrels in April, helping to reverse the drop in Asia’s imports of the nation’s crude, a new report by the Nigerian National Petroleum...

  • Posted August 30, 2015
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  FG, US build pharmaceutical warehouse in Lagos

  The United States is set to assist the Federal Government to build its first pharmaceutical warehouse in Nigeria. The US, through the US Agency for International Development, and in partnership with the Global Fund for Acquired Immune...

  • Posted August 30, 2015
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  NIMASA introduces new medical certification

  The Nigerian Maritime Administration and Safety Agency (NIMASA) has introduced new Seafarer’s Medical Certification Documents in compliance with extant requirements of the Maritime Labour Convention (MLC) 2006 and Standards of Training, Certification and Watch keeping (STCW) 1998...

  • Posted August 30, 2015
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  CBN’s forex ban will boost naira stability – Expert

  The decision of the Central Bank of Nigeria to deny importers of 41 items access to the nation’s foreign exchange markets through Deposit Money Banks is paying off and is in the right direction, a financial expert...

  • Posted August 29, 2015
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