All posts tagged "featured"

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  FG directs immediate re-opening of NERFUND

  The Federal Government on Tuesday directed the immediate re-opening of the National Economic Reconstruction Fund almost one week after it was shut. The Minister of Finance, Mrs Kemi Adeosun, gave the directive in a statement issued by...

  • Posted June 29, 2016
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  Brexit hits Nigerian stocks, investors lose N278bn

  Investors in the country’s capital market recorded a loss of N278bn on Monday as concerns that the market might plummet due to the decision of Britain to leave the European Union heightened. Some traders said there was...

  • Posted June 29, 2016
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  FG releases N109bn for capital projects

  Out of the N350bn set aside for capital spending in the first and second quarters of this year, about N109bn has been released by the Federal Government to various contractors. The Minister of Finance, Mrs. Kemi Adeosun,...

  • Posted June 29, 2016
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  Stocks: Analysts expect cautious trading this week

  Industry analysts have predicted that there will be cautious trading in the nation’s stock market this week. This is coming after global bourses plummeted at last week’s close as the United Kingdom voted to leave the European...

  • Posted June 28, 2016
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  17 states provide land for FG’s housing project

  Out of the 36 states of the federation and the Federal Capital Territory, only 17 have provided land for the National Housing Project, the Federal Government has said. This was disclosed when the Minister of Power, Works...

  • Posted June 28, 2016
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  NCC wants increased girl participation in ICT

  The Executive Vice Chairman, Nigerian Communications Commission, Prof. Umar Danbatta, has called on girls across the country to explore new career opportunities in Information and Communications Technology in order to bridge the gender gap in technology. Danbatta...

  • Posted June 28, 2016
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  NSE facilitates N11tn securities investment in 10 years

  The Nigerian Stock Exchange (NSE) has facilitated the investment of N11.094 trillion in the nation’s capital market in the last 10 years, according to data obtained by THISDAY at the weekend. The data showed that the investments...

  • Posted June 28, 2016
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  Dangote clarifies Forex allocation to refinery, fertilizer plant

  Africa’s richest man and President of Dangote Group, Aliko Dangote, has clarified that his refinery, petrochemical and fertilizer plant did not collect as much foreign exchange from the Central Bank of Nigeria (CBN) as some people have...

  • Posted June 28, 2016
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  CBN lists operational requirements as OTC FX Futures Market takes off

  As the over-the-counter (OTC) foreign exchange (FX) futures market under the new FX regime takes off today, the Central Bank of Nigeria (CBN) has stressed that along with the requisite certificate of capital importation (CCI), all participating...

  • Posted June 28, 2016
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  FG moves to decongest seaports, inaugurates ICD committee

  The Federal Government has inaugurated a technical committee for the establishment of the Kaduna dry port with a view to decongesting the country’s seaports. In March this year, the Federal Executive Council approved the establishment of inland...

  • Posted June 27, 2016
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