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  • Most Nigerians don’t understand insurance – Daniel

    Mr. Fola Daniel ended his tenure as the Commissioner for Insurance, National Insurance Commission in July. In this interview with NIKE POPOOLA, he speaks on some of his policies and challenges Three Nigerian insurance companies were recently...

    • Posted August 18, 2015
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  • Nigeria losing billions because citizens consume ‘ponmo’ rather than trade – Experts

    Mr Olufemi Aluko, of the Faculty of Clinical Sciences, Obafemi Awolowo University (OAU), Ile-Ife, says Nigeria is losing out in the pack of countries competing for the 75 billion dollar global leather industry because of ponmo consumption....

    • Posted August 17, 2015
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  • Arik Air resumes preparations to bid for flag carrier status

    There are indications that Arik Air, a Nigerian airline operating  domestic, regional and international flight network may have resumed preparations for its bidding for the flag carrier status in line with industry sentiment which favours the airline...

    • Posted August 17, 2015
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  • NEITI offers to help NNPC trace $11.6bn unremitted NLNG funds

    The Nigeria Extractive Industries Transparency Initiative (NEITI) on Sunday said that it will give the new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, all institutional supports needed to recover a...

    • Posted August 17, 2015
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  • Oil slump hits Nigeria’s budget

    The sustained fall in global benchmark crude, which has continued to trade below Nigeria’s oil price benchmark for this year’s budget in recent days, has wiped off any accretion to the country’s Excess Crude Account. Economic experts...

    • Posted August 17, 2015
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  • Pension firms pay N77bn to deceased workers’ relations

    A total of N77.18bn has been paid to the next of kin of 27,321 deceased workers as pension benefits of their breadwinners under the Compulsory Pension Scheme. The amount, which was paid as of the first quarter...

    • Posted August 17, 2015
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  • Dangote cement will boost business expansion in Africa – Lungu

    Dangote business expansion across the continent is worthy of emulation by African businessmen in the task of continental development, Zambian President, Edgar Lungu, has said. In a statement by Dangote Cement, Lungu said he was delighted about...

    • Posted August 16, 2015
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  • NNPC’s restructuring to start yielding result within 60 days – Kachikwu

    The ongoing restructuring of operations and management of the Nigerian National Petroleum Corporation (NNPC), will be translated into concrete milestones to the appreciation of all Nigerians within the next 60 days. Its Group Managing Director (GMD), Dr....

    • Posted August 16, 2015
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  • NUPENG, PENGASSAN fault NNPC boss on reform

    The Nigerian Union of Petroleum and Natural Gas Workers and Petroleum and Natural Gas Senior Staff Association of Nigeria have raised concerns over the approach being used to implement the reform programme in the oil and gas...

    • Posted August 16, 2015
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  • Tax number wiII be mandatory for company registration – FIRS

    The Federal Inland Revenue Service is currently discussing with the Corporate Affairs Commission to make it mandatory for companies to obtain their Tax Identification Number at the point of registration. The Director, Communications and Liaison Department, FIRS,...

    • Posted August 16, 2015
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  • Nigerian Breweries invests N1bn in More brand

    Nigerian Breweries Plc says it has invested N1bn this year towards improving the quality of More Lager Beer brand, which it acquired two years ago. The company’s Corporate Affairs Adviser, Mr. Kufre Ekanem, stated this on Friday...

    • Posted August 16, 2015
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  • Nigeria-Cameroon Bridge for completion this year

    A modern dual carriage bridge connecting Nigeria to Cameroon would be completed before the end of this year. The completion of the bridge is expected to ease the movement of persons and goods between the two West...

    • Posted August 15, 2015
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  • Banned exports: Nigeria faces huge revenue loss

    Nigeria faces loss of revenue running into billions of naira from now till 2016 as a result of the European Union’s ban on the country’s food exports including beans, sesame seeds, melon seeds, dried fish and meat,...

    • Posted August 15, 2015
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  • Investors still uncertain about Nigeria’s economic focus—LCCI

    The Lagos Chamber of Commerce and Industry is of the opinion that unveiling of economic blueprint by the Federal Government will stem the tide of declining investor confidence in the economy. The chamber stated this in a...

    • Posted August 15, 2015
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