All posts tagged "featured"

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  NNPC reform: GMD to assume direct supervision of NAPIMS

  The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) is to take over direct control of the Nigeria Petroleum Investment Management Services (NAPIMS) in line with the ongoing restructuring of the corporation. Minister of...

  • Posted March 9, 2016
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  GTBank Leads in Forex Allocation from CBN

  The exit by foreign portfolio investors from the country, as revealed by bank returns on the utilisation of foreign exchange bought from the Central Bank of Nigeria (CBN), has continued to take its toll on the country’s...

  • Posted March 9, 2016
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  Crude theft: FG sues IOCs over $12bn missing oil revenue

  In a move interpreted by industry watchers as a major step by the Muhammadu Buhari administration to curb the menace of oil theft in the country, the federal government has instituted civil suits against international oil companies...

  • Posted March 9, 2016
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  Again, National Assembly pledges speedy passage of PIB

  The National Assembly has restated its commitment to the expeditious passage of the Petroleum Industry Bill (PIB) to ensure the restructuring and deregulation of the downstream sector of the oil and gas industry. Speaking at the recent...

  • Posted March 9, 2016
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  El-Rufai canvasses favourable policies to uplift local airlines

  Kaduna State Governor, Mallam Nasir El- Rufai has called on the federal government to adopt policies geared towards boosting the growth of indigenous airlines. Specifically, the governor said such policies should be favourable to the local operators...

  • Posted March 8, 2016
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  Investors shun cheap bank stocks on anticipated poor earnings

  Investors seem not to be willing to stake their funds on equities listed on the banking sub-sector of the Nigerian Stock Exchange (NSE) due to the expectations of poor full year 2015 earnings from the commercial banks...

  • Posted March 8, 2016
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  Nigerians to spend N27.5bn on imported textiles by Q4 2016

  About $140 million (N27.5 billion) would be spent on imported textiles by the end of the year, THISDAY findings have revealed. Foreign textiles are among the 41 items that will not benefit from official foreign exchange from...

  • Posted March 8, 2016
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  FG will punish banks, importers caught round-tripping – Buhari

  President Muhammadu Buhari has said that banks, importers and individuals involved in round-tripping of dollars they buy from the Central Bank of Nigeria’s (CBN) official market and resell in the parallel market will be made to face...

  • Posted March 8, 2016
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  SEC to implement judges’ recommendations on dispute resolution

  The Securities and Exchange Commission (SEC) is making moves to implement the decision reached at the recent 2016 judges’ workshop on effective dispute resolution. The 2016 edition of the SEC Judges workshop was held from 24th to...

  • Posted March 8, 2016
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  Refineries record first profit in 12 months

  Nigeria’s three refineries, for the first time since February 2015, were able to make profit at the close of business in January this year, latest figures from the financial and operations report of the Nigerian National Petroleum...

  • Posted March 8, 2016
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