All posts tagged "featured"

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  Dollar shortage stalls fuel imports

  Another fuel crisis looks set to rock the country as some vessels are stuck off Nigeria, unable to unload their cargoes of petrol and diesel. At least 75 ships with two and a half million tonnes of...

  • Posted May 17, 2016
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  Naira devaluation inevitable – Rewane, others insist

  The naira, which came under pressure last week following the partial deregulation of the downstream petroleum sub-sector, has to be devalued, with a flexible foreign exchange policy put in place, industry experts have said. The currency had...

  • Posted May 17, 2016
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  Government, others target N5.46tn pension funds

  The total assets under the Contributory Pension Scheme keep rising and different segments of the economy are hunting for a share of the funds for various purposes, NIKE POPOOLA writes More project initiators from different sectors of...

  • Posted May 17, 2016
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  High investor appetite to boost market fortunes

  The stock market will this week see more positive trends with respect to investors’ interest and appreciation, analysts have said. The market is expected to ride on the back of the recent budget signing and pricing review...

  • Posted May 17, 2016
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  NECA opposes NLC/TUC proposed strike over new fuel price regime

  The Nigeria Employers’ Consultative Association (NECA) has condemned the planned strike by the organised labour following the hike in pump price of petrol. The organisation also expressed its full support for the partial deregulation of the downstream...

  • Posted May 17, 2016
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  MAN commends CBN for forex allocation to members

  The President, Manufacturers Association of Nigeria (MAN), Dr. Frank Udemba Jacobs has commended the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, for steps he took to improve the foreign exchange requirement for manufacturers to...

  • Posted May 17, 2016
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  Fixed income securities market attracts N32tn in four months

  The fixed securities and currencies market has attracted investments worth N31.93 trillion between January and April 2016, statistics obtained by THISDAY have revealed. The money was invested in the securities via the FMDQ OTC Securities Exchange, which...

  • Posted May 17, 2016
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  Nigerians begin to stockpile food ahead of labour strike

  Nigerians have started stockpiling food ahead of the ultimatum issued by the Nigeria Labour Congress and the coalition of the civil society organisations that petrol price be reverted to N86.50 or all workers would embark on a...

  • Posted May 16, 2016
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  With transparency, capital controls may address market imbalances – Onyema

  Although the decision of the Central Bank of Nigeria(CBN) to hold on to capital controls as measures to limit the flow of foreign capital out of the economy has been widely criticised, the Chief Executive Officer of...

  • Posted May 16, 2016
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  FMBN, AMCON partner to tackle challenges of non-performing loans

  The Federal Mortgage Bank of Nigeria (FMBN) and Asset Management Corporation of Nigeria (AMCON), are partnering toward addressing the debt portfolio of the apex mortgage bank and the challenges of economic development posed by non-performing loans in...

  • Posted May 16, 2016
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