All posts tagged "featured"

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  Why I excluded private sector players in economic team – Buhari

  President Muhammadu Buhari said he was averse to the inclusion of members of the private sector in his administration’s Economic Management Team because such people frequently steer government policy to suit their own narrow interests. According to...

  • Posted July 25, 2016
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  Amaechi accuses Customs of frustrating port operations

  The Minister of Transportation, Rotimi Amaechi, has said the failure of the Nigeria Customs Service to connect to the National Single Window, a cross-government website for trade facilitation, is hindering the effective operation at the seaports. He...

  • Posted July 25, 2016
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  Forcados crude exports may be halted for months

  Nigeria’s Forcados crude oil exports may remain halted for a month or more as pipeline repairs continue following a rash of militant attacks since February, according to an industry source familiar with the matter. The Shell Petroleum...

  • Posted July 24, 2016
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  We’re losing N238bn monthly to theft – Power firm

  The Port Harcourt Electricity Distribution Company has said it loses over seven million kilowatt-hour, an equivalent of over N238bn, to direct electricity theft a month. The Head, Revenue Protection Department, PHED, Mr. Nsika Udi, said on Friday...

  • Posted July 24, 2016
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  NSE market capitalisation drops by N116bn

  Nigerian equity market for the fifth consecutive day extended down trend with the market capitalisation losing N116 billion due to price loses posted by major blue chips. The market capitalisation on Friday  shed N116 billion or 1.21...

  • Posted July 24, 2016
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  FG opposes electricity tariff reversal, backs NERC

  The Federal Government on Thursday opposed the court ruling that mandated it and the Nigerian Electricity Regulatory Commission to reverse the 45 per cent increase in power tariffs payable by consumers across the country. It also commended...

  • Posted July 23, 2016
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  FG to start international borrowing in Q3 – Adeosun

  The Federal Government will start borrowing abroad in the third quarter, the Minister of Finance, Mrs. Kemi Adeosun, has said. This is coming barely one week after the Central Bank of Nigeria floated the naira completely on...

  • Posted July 23, 2016
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  Government fixes fares for Abuja-Kaduna rail service

  The Federal Government is set to inaugurate the completed Abuja-Kaduna rail project and has fixed the boarding fees for passengers who intend to use the facility. The Minister of Transportation, Rotimi Amaechi, who was accompanied on the...

  • Posted July 23, 2016
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  Danbatta lists importance of broadband to national development

  The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar Garba Danbatta has reiterated the importance of broadband to national development, just as he urged Nigerians to support the national broadband policy of the federal...

  • Posted July 22, 2016
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  Wema Bank posts positive half-year results

  Wema Bank Plc’s unaudited results for the six-month ended June 30th, 2016 have shown that the bank recorded a 10 per cent improvement in profitability on the back of 42 per cent growth in fee income. Specifically,...

  • Posted July 22, 2016
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