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  • Only 500,000 people pay tax in Kaduna – Accountant General

    Mr Ishaku Shekari, the Kaduna State Accountant General, said on Monday that only 500,000 out of the six million taxable residents in the state pay their taxes. Shekari said this in an interview the News Agency of...

    • Posted April 14, 2014
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  • Nigeria: Huge economy amid widespread poverty – CIBN boss

    Mr. Abolade Isaac Agboola is the Chairman, Lagos State Branch of the Chartered Institute of Bankers of Nigeria (CIBN). An investment banker, he is also the Executive Director, CashCraft Asset Management Limited. He speaks in this interview,...

    • Posted April 14, 2014
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  • Local rice: Nigeria to make N360bn

    Ekiti State can make N6billion annually from the production of rice while N360billion accrues to Nigeria every year. Ekiti State is one of the leading 13 rice producing states in the country,and was leading in the first...

    • Posted April 14, 2014
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  • Nigeria is one of world’s most significant power markets – Bolze

    President and Chief Executive Officer of GE Power and Water, Stephen Bolze, speaks with Kunle Aderinokun about the company’s operations in Nigeria and what to expect in terms of power in the country within the next few...

    • Posted April 14, 2014
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  • Deposit mobilisation yields dividends

    Stung by the increasingly tight monetary policy measures of the Central Bank of Nigeria, which manifested in the hike in cash reserve requirement for banks and the sterilisation of a huge public sector funds, a number of...

    • Posted April 14, 2014
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  • Fitch Ratings: Nigeria’s economic fundamentals remain strong – Rewane

    The stable outlook assigned to Nigeria’s long-term foreign and local currency Issuer Default Ratings (IDR) by Fitch Ratings on Friday has been defended by economists who described the latest report as a fair reflection of improvement in...

    • Posted April 14, 2014
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  • GE, partners to double power generation to 10,000MW

    General Electric has said it is working with the federal government and some generation companies to raising the power level from the current 5,000 megawatts (MW) to 10,000 MW by 2019. President and Chief Executive Officer, GE...

    • Posted April 14, 2014
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  • Controversy over retirement of surveyor-general

    Trouble is brewing in the Office of the Surveyor-General of the Federation over the retirement age of its head, Prof. Peter Nwilo, who clocked 60 recently. Some aggrieved employees of the OSGOF are calling for the exit...

    • Posted April 14, 2014
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  • Electricity consumers paying for investors’ losses — Source

    Electricity consumers are now paying for the technical losses being suffered by new power investors, investigation has revealed. A senior official in one of the electricity distribution companies, who asked not to be named, told Sunday PUNCH that over...

    • Posted April 14, 2014
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  • NCAA re-issues Air Operation Certificate to Overland Airways

    The Nigerian Civil Aviation Authority (NCAA) has re-issued a new Air Operation Certificate (AOC) to Overland Airways. A statement by Overland’s Deputy General Manager, Media, Mr Sam Adurogboye, said the company successfully went through the process and...

    • Posted April 13, 2014
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  • Okonjo-Iweala says Nigeria is committed to rebuilding its fiscal buffers

    The Minister of Finance, Dr Ngozi Okonjo-Iweala, said the ministry was yet to analyse the 2014 budget that was recently passed by the National Assembly. Okonjo-Iweala disclosed this when she briefed newsmen on the Nigerians participation at...

    • Posted April 13, 2014
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  • GDP rebasing will attract investors to Nigeria – World Bank chief economist

    Mr Francisco Ferreira, World Bank Chief Economist, African region, said the rebasing of Nigerian economy would attract more investors into the country. Ferrira made the remark in an interview with the News Agency of Nigeria (NAN) in...

    • Posted April 13, 2014
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  • Diamond Bank declares N8.4bn profit for Q1

    Diamond Bank Plc has announced a profit after tax of N8.447bn for the first quarter of 2014. The amount represents a 34 per cent rise on the N6.289bn PAT it posted for the same period of 2013....

    • Posted April 13, 2014
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  • Coscharis to build auto assembly plant

    Coscharis Motors, renowned distributor of a wide range of automobiles has started preliminary works to build an auto assembly plant in Lekki, Lagos. The auto assembly plant, which will be part of its existing showroom and workshop...

    • Posted April 13, 2014
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