All posts tagged "featured"

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  SEC boss wants FG to woo multinationals to list on NSE

  The Director General, Securities and Exchange Commission (SEC), Mr. Munir Gwarzo on Tuesday urged the federal government to help encourage multinational companies operating in the country to list on the floor of the Nigerian Stock Exchange (NSE)...

  • Posted March 3, 2016
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  Investment in immunisation can boost nations’ economy – Okonjo-Iweala

  The Chairman of GAVI board, Dr. Ngozi Okonjo-Iweala, has revealed that for every dollar spent on childhood immunisation, nations will save $16 in healthcare costs, lost wages and lost productivity due to illness. She said if governments...

  • Posted March 3, 2016
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  UBA Group appoints new Managing Director

  For United Bank for Africa, a new Group Managing Director emerged on Tuesday. He is Kennedy Uzoka who had been Deputy Managing Director, UBA Group and was also the Chief Executive Officer of UBA Africa, responsible for...

  • Posted March 3, 2016
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  Dangote Cement records N181bn profit, declares N8.00 per share dividend

  Dangote Cement Plc on Tuesday declared a revenue of N491.7 billion for the year ended December 31, 2015, showing an increase of 26 per cent from N391.6 billion in 2014.  Profit before tax was N188.3 billion as...

  • Posted March 3, 2016
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  BEDC wins CBN cashless payment award

  Benin Electricity Distribution Plc says it has emerged as the first electricity distribution company to win in the maiden edition of the Electronic Payments Incentives Scheme Efficiency Award. The company said it came top in the corporate...

  • Posted March 2, 2016
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  18 stocks boost market performance by N117bn

  The Nigerian stock market soared by N117bn on Monday after 18 stocks recorded significant appreciation on their market prices. Dangote Cement Plc, Ecobank Transnational Incorporated, Fidson Healthcare Plc, Mobil Oil Nigeria Plc and Tiger Branded Consumer Goods...

  • Posted March 2, 2016
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  African firms to launch more IPOs

  African companies are likely to launch more than a dozen initial public offerings this year, defying commodity price drops and capital flight from emerging markets, Baker & McKenzie has said If transactions in the pipeline are concluded,...

  • Posted March 2, 2016
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  Probe PPPRA’s activities now – PENGASSAN tells EFCC, others

  Senior oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have requested the Economic and Financial Crimes Commission (EFCC) and other anti-graft agencies to probe the activities of the...

  • Posted March 2, 2016
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  Discos to pay full invoices with new tariffs – Wonodi

  The Managing Director of the Nigerian Bulk Electricity Trading (NBET) Plc, Mr. Rumundaka Wonodi has said that with the new tariffs that took effect from February 1, 2016, the electricity distribution companies in the country would henecforth...

  • Posted March 2, 2016
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  Private equity builds African war chest amid commodity rout

  Private-equity companies amassed a $4.3 billion war chest for investment opportunities in Africa last year as the global commodity rout and weakening local currencies cut prices of potential target companies. The fundraising was the highest since at...

  • Posted March 2, 2016
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