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  • Farmers need grants, not loans – Oke

    South West Coordinator of Cassava Stakeholders Association of Nigeria, Otunba Femi Oke, who was sworn in recently as the Lagos State chairman of All Farmers Association of Nigeria (AFAN), speaks with TOSIN ADENIRAN on the recent divestment...

    • Posted September 16, 2013
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  • Nigeria’s GDP may rise after rebasing – Kale

    National  Bureau of Statistics (NBS) recently commenced a rebasing exercise of the nation’s Gross Domestic Product (GDP) about 23 years after the last exercise. Statistician General, Yemi Kale, explained  the import of the exercise to journalists and...

    • Posted September 16, 2013
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  • FG’s mortgage refinancing initiative raises dusts

    WHEN the Federal Government, in June, announced that it would  launch the newly established Mortgage Refinance Company, MRC, by September, there were mixed feelings across the country. This was not unconnected with the assumption that government may...

    • Posted September 16, 2013
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  • Half year: Stock Exchange transactions hit N1.183tn

    The total value of transactions of listed securities on the Nigerian Stock Exchange stood at N1.183tn in the half year report, which ended on June 30, 2013. The amount represents an increase of N673bn or 132 per...

    • Posted September 16, 2013
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  • Govt revenue drops by N443.75bn in seven months

    The Federal Government recorded a revenue shortfall of N443.75bn within the first seven months of this year, an analysis of the country’s income profile has revealed. Investigations by our correspondent on Friday showed the federally collected revenue...

    • Posted September 16, 2013
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  • FCTA, Capital Meat sign N1.25bn agreement for Abuja Central Abattoir

    The Federal Capital Territory Administration has signed a memorandum of understanding and lease agreement with a private investor, Capital Meat Processing Company Nigeria Limited for the establishment of ultra-modern Abuja Central Abattoir at Tungan Maje in Gwagwalada...

    • Posted September 15, 2013
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  • Airtel invests $3.5bn on technology expansion nationwide

    The Regional Operations Director, West region of Airtel, Mr. Oluwasegun Macaulay, has disclosed that, as at the end of March this year, the telecoms giant has invested a total sum of $3.5 billion on its technology expansion...

    • Posted September 15, 2013
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  • NISSAN set to unfold growth plan for Nigeria

    Stallion NMN, a division of Stallion Motors, in collaboration with Nissan Motor Company and Nissan South Africa, is set to unfold a multimillion naira growth plan for Nissan brand in Nigeria. The event, according to a statement...

    • Posted September 15, 2013
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  • Nigerian ports record 115% growth in 10 years

    Nigerian Ports Authority (NPA) says the ports in the country experienced about 115 per cent growth between 2003 and 2012. According to the authority’s half year 2013 report on cargo throughput, it stated that a close examination...

    • Posted September 15, 2013
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  • Etisalat partners 70th Precinct on Nigeria App Summit

    Etisalat Nigeria has expressed its desire to partner with 70TH Precinct Limited, organisers of Nigeria App Summit, a mobile application conference aimed at delivering education, entertainment and networking in the country. The telecommunications company in a statement...

    • Posted September 15, 2013
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  • LCADP targets small scale farmers

    The Lagos State Commercial Agriculture Development Project is set to bring together stakeholders in the sector to brainstorm on the way forward. According to State Project Coordinator, Mr. Kehinde Ogunyinka, the interactive session, will attract over 150...

    • Posted September 15, 2013
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  • Shell/Bodo oil spill negotiations deadlock

    Mr Martyn Day, the lawyer representing Bodo community of Rivers in settlement negotiation with Shell, said on Saturday that his clients had rejected an offer made by the oil company. Day is a senior partner at the...

    • Posted September 14, 2013
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  • NRC to start passenger transportation on Eastern route by December – Official

    Passenger service on the Eastern railway route will commence before the end of December, an official of Nigeria Railway Corporation (NRC), an official said on Friday. The District Manger, NRC, Eastern zone, Mr Felix Njoku, made the...

    • Posted September 14, 2013
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  • Enugu Government revokes water contract for alleged incompetence

    The Enugu State Government has terminated the multi million Naira contract of the state urban water project for alleged incompetence. The Commissioner for Water Resources, Mr Michael Nwachukwu, announced this in Enugu on Friday when he received...

    • Posted September 14, 2013
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