All posts tagged "featured"

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  UBA inaugurates Group Board Forum

  Following a 3-day forum, which was held in Lagos recently, the Chairman, United Bank for Africa (UBA) Plc, Mr. Tony Elumelu formally inaugurated a Group Board Meeting as a platform for group integration, bonding and knowledge sharing....

  • Posted April 27, 2016
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  Nigeria may lose status as 4th world’s largest LNG exporter

  The Managing Director and Chief Executive Officer of Nigeria LNG Limited, Mr. Babs Omotowa, has raised the alarm on Nigeria’s dwindling investments in Liquefied Natural Gas (LNG), saying that with no new investments, the country would possibly...

  • Posted April 27, 2016
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  NNPC offers to pay $10bn disputed arrears to IOCs

  As Nigeria seeks to ramp up oil production, the Nigerian National Petroleum Corporation (NNPC) has approached its joint venture partners and proposed to pay disputed arrears of between $8 billion and $10 billion, saying that oil production...

  • Posted April 27, 2016
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  World Bank President arrives Nigeria

  Barely four months after the visit of the Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, the President of the World Bank, Dr. Jim Yong Kim is billed to arrive Nigeria this morning on...

  • Posted April 27, 2016
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  Abuja Disco to invest $200m in metering customers

  The Abuja Electricity Distribution Company (Abuja Disco) has said that it plans to spend about $200 million to procure and install electricity meters in homes and offices of its customers, who still do not have meters. The...

  • Posted April 27, 2016
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  Brokers seek NAICOM’s support for new licence approval

  Some firms that applied for approval of new licences to operate as insurance brokers have appealed to the National Insurance Commission to give assent to their request. According to them, the approval will enable them to operate...

  • Posted April 26, 2016
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  Dangote Sugar grows turnover by N6bn

  Dangote Sugar Refinery Plc has recorded a group turnover of N101bn in 2015, a seven per cent increase over the turnover of N95bn in 2014. Its profit before tax stood at N16bn and profit after tax at...

  • Posted April 26, 2016
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  Naira to remain flat against dollar on slow growth

  The naira is expected not to rise or fall significantly at the parallel and official foreign exchange market as the economy slows and demand for foreign exchange eases after President Muhammadu Buhari’s delayed signing of the 2016...

  • Posted April 26, 2016
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  PH, Warri refineries now producing petrol – Kachikwu

  The Minister of State for Petroleum Resources and Group Managing Director, Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has announced that the Port Harcourt Refining Company and the Warri Refining and Petrochemical Company are now producing a...

  • Posted April 26, 2016
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  Ogun to generate electricity from sawdust

  The Ogun State Government says it plans to generate electricity from sawdust as part of its contribution towards increasing power supply in the country. The Commissioner for Forestry, Chief Kolawole Lawal, stated this during a visit to...

  • Posted April 26, 2016
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