Latest News

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  FAAN to publish list of debtors

  The Federal Airports Authority of Nigeria has said that it will publish the list of people and organisations indebted to it across the airports in the country. The organisation said that it was being forced to take...

  • Posted February 21, 2015
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  CBN says exporters must repatriate earnings

  The Central Bank of Nigeria has said exporters who fail to repatriate their earnings into their domiciliary accounts within the stipulated period will be barred from the foreign exchange market. In a circular issued on Thursday by...

  • Posted February 21, 2015
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  Contributory pension fund hits N4.6tn

  The total Assets under the Contributory Pension Scheme rose to N4.61tn at the end of the 2014 financial year from N2.05tn in the preceding year. Report on the pension fund portfolio for the period obtained by our...

  • Posted February 21, 2015
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  Azman Air commences flight operation in Sokoto

  Azman Air Thursday commenced flight operation to Sokoto state. The airline would operate flight services six times a week from Sokoto to Kaduna, Kano, Abuja and Lagos. Speaking with journalists in Sokoto, the President of Azman Air,...

  • Posted February 21, 2015
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  FBN Mortgages appoints new board

  FBN Mortgages Limited, a subsidiary of First Bank of Nigeria Limited, has announced the constitution of a new Board of Directors in the bid to continuously provide superior value to all stakeholders, allow for increased thought leadership...

  • Posted February 20, 2015
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  House of the Week: A beautiful 5-bedroom house in Ajah, Lagos

  Our featured house of the week is a 5 bedroom house for sale at Ajah, Lagos. This tastefully finished house features 5 bedrooms, 5 bathrooms, 2 lounges, 1 dining area and 1 room BQ.The entire interior of...

  • Posted February 20, 2015
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  NIPC, NEPC seal pact to boost investment in non oil sector

  The Nigerian Investment Promotion Council NIPC, and the Nigerian Export Promotion Commission NEPC on Tuesday signed a Memorandum of Understanding to boost investment in the non oil sector of the Nigerian economy. The inter-agency agreement, which was...

  • Posted February 20, 2015
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  Nigeria, China trade hit $18bn

  The Consul-General of the People’s Republic of China in Lagos, Mr. Liu Kan, has revealed that the volume of trade between Nigeria and China in 2014 was about $18.1 billion. Freedomonline.com.ng, quoted Liu to have disclosed this...

  • Posted February 20, 2015
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  Petrol: Experts say Pump price increase unlikely

  Stakeholders in the Nigerian petroleum industry have allayed fears of a possible upward review of the pump price of Premium Motor Spirit, popularly called petrol, by the Federal Government following the gradual rise in the prices of...

  • Posted February 20, 2015
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  FMDQ, market operators introduce order-based two-way Quote Market

  Following recent developments in the foreign exchange market, the FMDQ OTC Plc, which is the platform for the trading of fixed income securities and currencies, on Wednesday introduced the order-based two-way quote (QB2WAQ) forex market. The QB2WAQ...

  • Posted February 20, 2015
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  NIMC begins evaluation exercise for local card manufacturing

  The National Identity Management Commission (NIMC), a federal government agency responsible for production and issuance of the country’s national identity cards, has commenced the evaluation exercise that will help it take a crucial decision on the production...

  • Posted February 20, 2015
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  Ghana set to reduce Nigerian gas imports

  A new agreement to proceed with the Offshore Cape Three Point integrated oil and gas project in Ghana is a major boost to the country’s plan to reduce its dependence on gas supply from Nigeria. The agreement...

  • Posted February 20, 2015
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  Budget: Reps committee to meet Okonjo-Iweala, Okogu

  The House of Representatives on Wednesday constituted a 17-member special committee to meet with the Minister of Finance, Dr. Ngozi Okonjo-Iweala, on the 2015 budget. The committee, which is headed by the Chairman, House Committee on Appropriations,...

  • Posted February 20, 2015
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  40% of companies haven’t complied with IFRS – Gwarzo

  The Acting Director-General, Securities and Exchange Commission, Mr. Mounir Gwarzo, has lamented the failure of some companies to fully migrate to the International Financial Reporting Standards. A statement from the SEC quoted Gwarzo as expressing the concern...

  • Posted February 20, 2015
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