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  • Investors decry growing corporate donations to regulatory agencies

    Shareholders have expressed displeasure over the increasing level of financial donations by corporate organisations to various government and regulatory agencies in the country, calling on the federal government and the National Assembly to put a stop to...

    • Posted May 13, 2013
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  • South-South, South-East governors discuss boosting economic growth through regional integration

    Governors of the South-South and South-East met in Asaba, the Delta State capital, today and resolved to boost the economy of their zones through regional integration. Chairmen of the South-South and South-East Governors Forums, Governors of Cross...

    • Posted May 13, 2013
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  • All records of our transactions are intact – CBN

    The Central Bank of Nigeria,CBN, has denied reports in some sections of the media that it destroys documents and records of certain transactions after five years. A statement signed by CBN spokesman Ugochukwu Okoroafor, said “The attention...

    • Posted May 12, 2013
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  • I want Nigeria to become largest supplier of tomatoes – Hargrave

    Richard Hargrave is the Managing Director, Dizengoff West Africa (Nigeria) Limited.He shares his views on trends in the Nigerian economy with UDEME EKWERE   How long have you been in Nigeria? I first came to Lagos in 1978;...

    • Posted May 12, 2013
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  • SURE-P: FG spends N2.7bn on road repairs

    The Federal Road Maintenance Agency has so far spent over N2.7bn on the rehabilitation of some federal roads nationwide. The amount, obtained from the Subsidy Reinvestment and Empowerment Programme funds, was for the acquisition of first grade...

    • Posted May 12, 2013
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  • Scandal rocks mobile number portability

    There were indications at the weekend that the newly introduced, 20-day old Mobile Number Portability, MNP, may have run into a scandalous hitch owing to some alleged sharp practices on the part of one of the major...

    • Posted May 12, 2013
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  • Shell producing from unlicensed oil blocks — Investigation

    Shell Petroleum Development Company, the Nigerian subsidiary of Royal Dutch Shell, is producing from some of the five shallow water offshore oil blocks more than four years after the leases had expired. A source at the company,...

    • Posted May 12, 2013
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  • Naira appreciates against dollar, pounds, euro

    The Naira has appreciated against the foreign currencies at the official, bureau de change and black markets. It was gathered on Friday in Lagos that the Naira recorded appreciation against the dollar, pounds and euro since May...

    • Posted May 11, 2013
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  • Akintola Williams, PPPRA responsible for subsidy overpayments – EFCC

    The Economic and Financial Crimes Commission has accused a leading accounting firm in the country, Akintola Williams Deloitte, and the Petroleum Product Pricing Regulatory Agency, of misleading the Federal Government to overpay some oil marketers under the...

    • Posted May 11, 2013
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  • 2013 Growth Enhancement Support Scheme: 106,915 farmers have been registered – Plateau government

    The Plateau State Government, through its Growth Enhancement Support Scheme said it has registered 106,915 farmers in the first phase ofthe 2013 farming season in sixteen Local Government Areas of thState. Mr Daniel Kakwi, the Director, Plateau State...

    • Posted May 10, 2013
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  • Airtel introduces single recharge system for voice, data

    Lagos – One of Nigeria’s leading telecommunications operator, Airtel Nigeria, has introduced a dual-purpose single recharge card for both voice and data services on the network that will allow customers to recharge for both services with only...

    • Posted May 10, 2013
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  • Lagos generates N20billon IGR monthly

    Internally Generated Revenue (IGR) in Lagos State averages a total of N20billion monthly, the State Commissioner for Economic Planning and Budget, Ben Akabueze, has disclosed. Akabueze revealed the figure Thursday at the ongoing ministerial press briefing to...

    • Posted May 10, 2013
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  • First Bank stakes $3.3 billion on oil, gas projects

    FIRST Bank of Nigeria Plc expended over $3.3 billion (N500 billion) in the financing of various oil and gas projects in Nigeria last year. This financing package represents 37.40 per cent of the bank’s portfolio. The amount,...

    • Posted May 10, 2013
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  • Property of the Week: An excellent opportunity to acquire plots of land in Lekki, Lagos

    Looking to invest in the real estate sector of Lagos? This is an excellent opportunity to acquire plots of land now selling in Lafiaji Town, Lekki. The plots are for residential purposes and ideally located  after Chevron...

    • Posted May 10, 2013
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