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  • Lagos Airport concessions: Disputes that defy court judgments

    This is obviously not the best of time for the Federal Airports Authority of Nigeria, FAAN. This is because the agency is beset by battles against some of its concessionaires. On one hand, the agency is locked...

    • Posted July 8, 2013
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  • FirstBank, UNICEF partner on mobile payment solution

    First Bank of Nigeria Plc, through its mobile payment solution, FirstMonie has partnered with the United Nations Children Education Fund, UNICEF on its polio health scheme to ensure that its monetary donations get to recipients despite their...

    • Posted July 8, 2013
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  • Imo government completes 60 MDG projects

    The administration of Governor Rochas Okorocha of Imo State says over 60 projects under the state government and MDG partnership have been completed. The projects would be ready for commissioning by the end of the month. The...

    • Posted July 7, 2013
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  • Economy needs information technology — Ndukwe

    Former Executive Vice-Chairman, Nigerian Communications Commission, Mr. Ernest Ndukwe, has urged the Federal Government and the National Assembly to enact laws to protect Information and Communications Technology and power facilities as critical national infrastructure. Ndukwe, who made...

    • Posted July 7, 2013
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  • We are still doing business with over 100 concessionaires – FAAN

    The Federal Airports Authority of Nigeria (FAAN) says contrary to insinuations that it is not investor-friendly, especially going by its habit of pulling out of contractual agreements, the agency said it currently has mutually beneficial business relationship...

    • Posted July 7, 2013
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  • Scarcity of N5, N10, N20, N50 threatens informal sector

    The informal sector of the Nigerian economy is under threat as a result of shortage in supply of the lower naira denominations such as N5, N10, N20 and N50, Saturday Independent investigations has revealed. The shortage of...

    • Posted July 7, 2013
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  • Zenith leads 12 other Nigerian banks in world top 1000

    Zenith Bank tops Nigerian banks in this year’s Top 1000 World Banks Ranking of The Banker Magazine of the Financial Times Group, London, United Kingdom. The 13 banks that made the ranking are Zenith Bank, First Bank,...

    • Posted July 7, 2013
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  • Reps coming with law to enforce early budget submission

    Speaker of the House of Representatives, Mr. Aminu Tambuwal has emphasised the need for a budget law that will address the anomalies currently recorded in the budgeting process and also prevent a recurrence of the rancour between...

    • Posted July 7, 2013
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  • Oil theft: PENGASSAN, NUPENG give FG ultimatum to secure oil installations

    The Petroleum and Natural Gas Senior Staff Association of Nigeria,PENGASSAN, and the National Union of Petroleum and Natural Gas Workers,NUPENG, have issued 60-day-ultimatum to the Federal Government to fully secure all oil and gas installations, especially pipelines...

    • Posted July 6, 2013
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  • SEC okays Conoil, NB shares, 15 others for margin lending

    The Securities and Exchange Commission, SEC, has approved   the shares of Conoil Plc, Nigerian Breweries (NB) Plc and that of 15 other quoted companies on the Nigerian Stock Exchange , NSE, to be used by investors for  ...

    • Posted July 6, 2013
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  • Investment in free zones hits N1.6trn – NEPZA

    Managing Director, Nigeria Export Processing Zones Authority, NEPZA, Mr.Oluwagbemiga Kuye has put the total investment generated in the nation’s free zone at N1.6 trillion ($10billion). Kuye also stated that with the new drive and the various reforms...

    • Posted July 6, 2013
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  • FG to earn $1.37bn from cassava chips exports

    The Minister of Agriculture, Dr Akinnwnmi Adeshina,  has said that Nigeria will this year, earn between $802 million to $1.37 billion as exports of dried cassava chips to China and Europe, adding that Nigeria’s earnings increased by N759...

    • Posted July 6, 2013
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  • Oando shareholders to get N5.1bn dividend

    Oando Plc, listed on both the Nigerian and Johannesburg Stock Exchanges, has concluded arrangement to pay a dividend of N5.1 billion for the year ended December 31, 2012. Information available to Vanguard revealed that the dividend, which...

    • Posted July 6, 2013
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  • Budget impasse: We will not compromise the interest of Nigerians -Tambuwal

    SPEAKER of the Federal House of Representatives, Aminu Tambuwal, Friday, declared that the National Assembly will not compromise the interest of Nigerians in the ongoing impasse between the Federal Government and the National Assembly over the 2013...

    • Posted July 6, 2013
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