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  • FG saves N530bn from contracts – BPP boss

    The Federal Government has saved a total of N530bn from contracts as a result of its insistence on due process, the Director-General, Bureau for Public Procurement, Mr. Emeka Eze, has said. Speaking to State House correspondents after...

    • Posted September 26, 2013
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  • Stanbic IBTC partners firm on agric financing

    Stanbic IBTC Bank said it has gone into collaboration with Tata Africa Services and John Deere Financial, to provide financial services for the acquisition of agricultural machinery and heavy equipment. A statement from the bank yesterday disclosed...

    • Posted September 26, 2013
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  • Obi pledges to make Anambra community centre of agriculture

    The Anambra State government has initiated partnership with a continental farming group, Songhai System Africa to develop Integrated Agricultural project at Urum, Awka North Local Government Area. Governor Peter Obi who disclosed this while inspecting facilities at...

    • Posted September 25, 2013
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  • NATE pledges to make Nigeria technologically self-reliant

    The Nigeria Association of Technologists in Engineering, NATE, says it is determined to make Nigeria technologically self-reliant and create employment opportunities for the nation’s teeming youths. The national president of the association, Dr Leo Okereke, gave the...

    • Posted September 25, 2013
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  • Stock Market Watch: Market Cap gains N28billion on Wednesday

    Transactions on the floor of the Nigerian Stock Exchange, NSE, ended on a positive note on Wednesday as the market capitalisation of the listed entities appreciated by N28 billion or 0.24 percent to close at N11.512 trillion...

    • Posted September 25, 2013
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  • Ex-IMF Chief, Strauss-Kahn, takes job as bank boss

    A former IMF Chief, Dominique Strauss-Kahn, has been named head of an investment firm, marking another step in the business comeback of a man whose career and French Presidential hopes were ruined by a sex scandal. The...

    • Posted September 25, 2013
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  • BOG approves take-over of ICB by First Bank of Nigeria

    The Bank of Ghana (BOG) has approved the acquisition of Ghana’s International Commercial Bank (ICB) by the First Bank of Nigeria (FBN). A statement by the BOG on Wednesday,stated that the terms of the approval required the...

    • Posted September 25, 2013
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  • 19 ships carrying petrol berth at Lagos ports

    The Nigerian Ports Authority (NPA) says 19 ships laden with petroleum products have arrived at the Lagos ports. The NPA, in its daily publication the “Shipping Position”, on Wednesday in Lagos, said that the ships were part...

    • Posted September 25, 2013
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  • FG working to make Nigeria regional hub for gas-based industries – NNPC

    Dr David Ige, the Group Executive Director, Gas and Power Directorate of NNPC said that the federal government was working to position Nigeria as the regional hub for gas-based industries. Ige who made this known on Tuesday...

    • Posted September 25, 2013
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  • Honeywell flour Mills Plc declares full year profit of N2.84bn

    Honeywell Flour Mills Plc has recorded a profit after tax of N2.844bn for the full year ended March 31, 2013. This represents an increase of six per cent over the N2.7bn recorded in the similar period of...

    • Posted September 25, 2013
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  • SEC DG commends partnership between Nigerian capital market and film industry

    The Director General of the Securities and Exchange Commission, SEC, Ms Arunma Oteh, has commended the partnership between the Nigerian film industry and the capital market. She made the commendation while delivering a goodwill message during the...

    • Posted September 25, 2013
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  • Central Bank maintains 12% lending rate

    The Central Bank of Nigeria (CBN) on Tuesday retained the lending rate at 12 per cent, the CBN Governor, Malam Sanusi Lamido Sanusi, said. Sanusi said this while briefing newsmen on the outcome of the Monetary Policy...

    • Posted September 25, 2013
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  • Oil theft: Navy hands over 61 suspects to Police in Bayelsa

    The Central Naval Command of the Nigerian Navy in Yenagoa on Tuesday handed over 61 suspected oil thieves to the police in Bayelsa for further investigation and prosecution. The News Agency of Nigeria (NAN) reports that the...

    • Posted September 25, 2013
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  • NNPC calls for speedy passage of PIB

    Nigeria National Petroleum Corporation (NNPC) on Tuesday urged the National Assembly to ensure speedy passage of the Petroleum Industry Bill (PIB) to transform the nation’s oil and gas sector. The Group Managing Director of the Corporation, Mr...

    • Posted September 25, 2013
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