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  • Don’t expect regular power supply soon — Experts

    Experts in the power sector have predicted very slow capacity growth for the private sector-driven electricity industry. They also noted that this would disrupt the supply of electricity to consumers and advised them not to expect any...

    • Posted March 31, 2014
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  • Pension: 92,576 retirees get N25bn monthly

    About 92,567 retirees under the Contributory Pension Scheme  are getting average monthly pensions of N25bn, the National Pension Commission has said. The latest statistics from the National Pension Commission showed that as at the end of February,...

    • Posted March 31, 2014
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  • African central bank governors seek new funding for SMEs

    The African Central Bank Governors have said appropriate mechanism should be established to tap into various sources of capital such as diaspora remittances, pension funds, sovereign wealth funds and excess foreign reserves to finance the Small and...

    • Posted March 31, 2014
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  • NLC warns FG against selling refineries, NTA, NAN, others

    Nigerian Labour Congress has advised the Federal Government against selling of public properties. It also urged the National Assembly to probe all previous sales and retrieve public properties that may have been sold to private interests.  In...

    • Posted March 31, 2014
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  • NAHCO most successful privatised company – MD

    The Nigerian Aviation Handling Company (NAHCo) Aviance PLC, is a major player in the ground handling business in Nigeria. Ever since it was privatised in 2005/2006, it has continued to grow progressively. The Managing Director of NAHCo...

    • Posted March 31, 2014
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  • Nigeria Breweries Plc Rewards Outstanding Distributors

    The tradition of sustaining brand loyalty and consumer engagement was reenacted as Nigeria’s leading brewing Company, Nigerian Breweries Plc rewarded and celebrated its esteemed distributors across the Nigeria. Ifeoma Chukwuka Nigeria Limited emerged as the best distributor,...

    • Posted March 30, 2014
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  • Jonathan advises African leaders on industrialisation plan

    President Goodluck Jonathan on Saturday said African leaders should prioritise the structural transformation of African economy if they must achieve regional industrialisation initiative. Jonathan said this in Abuja at the 7th Joint Annual Meeting of the Economic...

    • Posted March 30, 2014
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  • Zenith Bank implements SmartStream’s reconciliation solution

    Zenith Bank of Nigeria Plc has successfully implemented SmartStream’s Corona TLM reconciliation solution. This is expected to help the bank eliminate manual errors, secure timely completion of transaction, centralise all reconciliation process in one single system, focus...

    • Posted March 30, 2014
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  • Dangote lauds Monye over decongestion of ports

    PRESIDENT of Dangote Group, Alhaji Aliko Dangote, has said that the country’s Economic Team will remain grateful to the Special Adviser to the President on Project Monitoring and Evaluation, Prof. Sylvester Monye, for the effective role he...

    • Posted March 30, 2014
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  • Africa needs fewer but stronger insurance firms – Oyetunji

    Continental Reinsurance Plc is the largest reinsurer in West Africa. The Managing Director of the firm, Dr. Femi Oyetunji, speaks with NIKE POPOOLA on how to groom formidable insurance industries that can compete favourably with those in developed economies....

    • Posted March 30, 2014
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  • NSE to increase capital market visibility

    The Nigerian Stock Exchange has said that it will focus on efforts aimed at increasing global visibility for the nation’s capital market. This, according to the exchange, will consolidate its activities and help to develop increased attraction...

    • Posted March 30, 2014
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  • Nigeria consumed 250,000 tonnes of LPG in 2013 – PPMC

    Nigerians consumed a paltry 30 per cent or 250,000 tonnes, out of the whopping 850,000 tonnes of Liquefied Petroleum Gas (LPG) reserved for domestic use last year. According to the Managing Director of the Pipelines and Products...

    • Posted March 30, 2014
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  • SEC targets 100% market capitalisation contribution to GDP

    The Securities and Exchange Commission, SEC, said it plans to grow the contribution of the Nigerian Stock Exchange, NSE, market capitalisation to the Gross Domestic Product, GDP, by over 100 percent in the next 10 years from...

    • Posted March 30, 2014
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  • Expired fish: FG orders closure of cold rooms

    The Federal Government has ordered the immediate shutdown of all cold rooms found to be stockpiling expired or unwholesome fish in the country. Already, the government said it had commenced a physical count of all cold rooms...

    • Posted March 30, 2014
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