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  • NRC resumes cargo train operations after 10 years

    After its long absence in the market for about 10 years, The Nigerian Railway Corporation (NRC) has begun cargo operations with transportation of goods from Ogun to Niger State. A cargo train yesterday travelled to Minna with...

    • Posted January 19, 2013
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  • Stanbic Pension Crosses Millionth Customer Mark

    The management of Stanbic IBTC Pensions, a subsidiary of Stanbic IBTC Holdings is celebrating its one millionth customer under its Retirement Savings Account package. Speaking on the development, the CEO of the company, Mr Demola Sogunle said...

    • Posted January 19, 2013
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  • Meat processing industries on the verge of collapse, Govt. advised to deal with power outages

    The effect of power outages has continued to tell negatively on the nation’s economy. It has been revealed that the processing industries are the most affected. It is said that the industries are at the verge of...

    • Posted January 19, 2013
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  • Nigeria foreign reserves hit $44.6bn mark

    Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala disclosed yesterday that Nigeria’s foreign reserve has reached $44.6 billion benchmark. She disclosed this during the 31st Meeting of the Convergence Council of Ministers and...

    • Posted January 19, 2013
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  • Nigeria Stock Exchange Watch: ASI (+1.99%) As Market Cap Approaches N10 trillion

    The Nigerian Stock Exchange All Share Index gained 199 basis points in today’s trading bringing the year-to-date performance of one of the world’s best performing markets to 10.14%. The market capitalization of the bourse also topped N9.89...

    • Posted January 18, 2013
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  • House of the Week: Exceptional N5 Million 5 Bedroom Duplex to rent in Katampe, Abuja.

    Our property of the week, is this stunning 5-Bedroom Duplex, which is located at Katampe in Abuja. This luxury serviced property, is set on a very spacious compound, which features a well designed landscape, that is decorated...

    • Posted January 18, 2013
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  • Heritage Oil justifies acquisition of OML 30

    Heritage Oil has reacted to the recent calls by the Nigerian Labour Congress and Trade Union Congress for the cancellation of the deal that led to its purchase of the OML 30 by Heritage Oil , over...

    • Posted January 18, 2013
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  • HCL Infosystems launch tablets for Nigerian market

    Indian Systems Integration services and Hardware company, HCL Infosystems has revealed its plans to join the Tablet market chase for the Nigerian market, with the release of its products, the ME tablets. The three new ME tablet...

    • Posted January 18, 2013
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  • Corporate Governance: FG swears in committee on new code

    The Federal Government is advocating for new laws that will steer corporate governance in the country towards an enviable state. Section 119 (c) of the Financial Reporting Council of Nigeria, Act No.6 of 2011 backs the move...

    • Posted January 18, 2013
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  • Sanusi Appointed Chairman Of West African Monetary Zone

    The Central Bank Governor, Mr. Lamido Sanusi, has been appointed the Chairman of the West African Monetary Zone (WAMZ). The WAMZ is a unification of six countries comprising Nigeria, Sierra Leone, Gambia, Ghana, Guinea and Liberia, with...

    • Posted January 18, 2013
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  • Nigerian Stock Exchange Undeterred On $1 trillion Market Capitalization By 2016

    The Chief Executive Officer of the Nigerian Stock Exchange, Oscar Onyeama, has demonstrated that the NSE under his watch will continue to strive to achieve the goal of $1 trillion (N155 trillion) market capitalization. The market capitalization...

    • Posted January 18, 2013
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  • FG lands $3bn Agriculture financing agreement with USAID

    The Federal Government and United States Agency for International Development (USAID) yesterday agreed on a $3bn agriculture financing. The agreement was for USAID to extend its financing role to the agricultural sector, in order to boost the...

    • Posted January 18, 2013
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  • Babalakin finally arraigned by EFCC over N4.7bn Ibori’s loot

    The Economic and Financial Crimes Commission on Thursday arraigned the Bi-Courtney Chairman over alleged laundering of N4.7bn for convicted former Delta State Governor, James Ibori. After series of controversial delays ranging from Ibori been hospitalised that delayed...

    • Posted January 18, 2013
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  • Software development in Nigerian Tertiary Institutions receives boost from NITDA

    Understanding the vital role played by Tertiary Institutions in aiding research and development of Software service in Computer and Information technology, the National Information Development Agency (NITDA) has renewed its commitment and support for higher institutions across...

    • Posted January 18, 2013
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