All posts tagged "featured"
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Shareholders demand better returns from insurance sector
Shareholders, under the aegis of Progressive Shareholders Association of Nigeria (PSAN) have called on the National Insurance Commission (NAICOM) to put in place policies that would increase insurance penetration and enhance investors’ returns. The shareholders, who also decried...
- Posted April 7, 2016
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Port Harcourt Chamber calls for flexible exchange regime
The Port Harcourt Chamber of Commerce has stressed the need to have a flexible forex regime in the country. This, the Chamber said can apparently be achieved with an aggressive pursuit of an export-based economy to earn...
- Posted April 7, 2016
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Economic diversification: FG urged to invest in cruise industry
The Managing Director, Cruises International, Mr. George Argyropoulos has called on the federal government to tap into the fortunes of the global cruise industry as a way of diversifying the economy and creating job opportunities for Nigerians....
- Posted April 7, 2016
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Market sheds N1.1tn in three months on bleeding banking stocks
The Nigerian stock market shed N1.1 trillion in the first quarter of 2016 as banking stocks bled following investors’ negative reactions to profit warnings and huge impairment charges recorded by banks for the 2015 financial year. The...
- Posted April 7, 2016
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FirstBank records 45% of bills payment services on ATM
First Bank of Nigeria Ltd, a subsidiary of FBN Holdings presently accounts for 45 percent of bills payment services on ATM in the nation’s banking industry as at December 2015. As at December 2015, about 275,000 bill...
- Posted April 7, 2016
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Kachikwu’s directive on errant petrol stations still in force – DPR
The Department of Petroleum Resources (DPR) has reminded petroleum marketers that the directive by the Minister of State for Petroleum, Dr. Ibe Kachikwu that retail outlets hoarding petrol should be sealed and their product given out for...
- Posted April 6, 2016
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Dangote Group, an emerging global player from Africa – ECCIMA
The Enugu Chamber of Commerce, Industry, Mines and Power (ECCIMA),has commended Dangote Group for African industrialisation. Dangote Group’s giant strides in establishing cement plants across Africa has attracted commendation of the ECCIMA), which described the conglomerate as...
- Posted April 6, 2016
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Operators proffer solutions to challenges in power, gas sectors
Experts in Nigeria’s power and gas sectors have proposed solutions to the problems of the sectors, saying that ongoing projects should be pursued vigorously to completion, while the new electricity tariffs should be implemented. Immediate past Group...
- Posted April 6, 2016
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Independent Marketers accept blame for fuel scarcity
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has exonerated the federal government of any blames associated with the current lingering fuel shortages across the country, clarifying that Nigerians should rather blame the prolonged leadership crisis that...
- Posted April 6, 2016
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African producers mull survival options amid low oil prices
Since the prices of crude oil in the international market took an uncertain path, the economies of some key African oil producing countries have received some significant battering, especially those that rely heavily on crude oil export...
- Posted April 6, 2016