All posts tagged "featured"
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Gainful employment of youth is my priority – Dangote
President of Dangote Group, Aliko Dangote, has assured Nigerians that topmost on his priority is how to contribute his own quota towards reducing the high rate of un-employment in the country. Speaking in Okpella, Edo State last...
- Posted April 20, 2016
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Zenith Bank records N27bn profit in First Quarter
Zenith Bank Plc on Monday announced a profit after tax (PAT) of N26.573 billion for the first quarter ended March 31, 2016, showing a decline of about four per cent compared to N27.680 billion recorded in the...
- Posted April 20, 2016
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FG turns to taxman as oil revenue shrinks
After gorging itself for decades on petrodollars, the Nigerian state has been forced by tumbling oil prices to turn to a new source of cash: the taxman. With crude holding sway as the main source of state...
- Posted April 20, 2016
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OPEC to restrategise on output freeze as oil slumps 7% – Kachikwu
As crude oil prices fell as much as seven per cent in early trading monday, before rallying slightly, after attempts by some of the world’s biggest producers to freeze output ended without a deal on Sunday, the...
- Posted April 20, 2016
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Gas supply: NNPC, Total invest $5.7bn on OML 58 upgrade projects
Total Exploration and Production (E &P) and the Nigerian National Petroleum Corporation (NNPC) are investing $5.7 billion to upgrade the Oil Mining Lease (OML) 58 production facilities in order to boost domestic power supply in the country...
- Posted April 20, 2016
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Ondo set to begin bitumen exploitation
The Ondo State Government has said that it is set to begin the exploitation of bitumen, one of the mineral resources found in the state in commercial quantity. Briefing newsmen on the development in Akure on Sunday,...
- Posted April 19, 2016
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Failure to save oil revenue indefensible – Sanusi
The Emir of Kano and the immediate past Governor of the Central Bank of Nigeria, Muhammadu Sanusi II, on Sunday described the country’s failure to save oil revenue when the price of the commodity was high as...
- Posted April 19, 2016
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Nigeria, others fail to agree on oil freeze deal
Some of the world’s biggest oil producers, including Nigeria, on Sunday failed to agree on the proposed production freeze for which they converged on Doha, the Qatari capital, in a bid to limit global supply and prop...
- Posted April 19, 2016
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Stanbic IBTC expresses commitment to SME development
Citing capital as the single most important factor for the sustainable growth of small and medium scale enterprises (SMEs), the Head, SME Banking, Stanbic IBTC Bank, Mr. Obinna Ukachukwu, has assured that the bank is committed to...
- Posted April 19, 2016
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Airlines may ground flights as fuel scarcity bites harder
Airline operators have urged passengers to expect more delays or cancelled flights as the scarcity of aviation fuel, known as Jet A1, bites harder, adding that scheduled operations may stop altogether, unless more fuel is delivered in...
- Posted April 19, 2016