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All posts tagged "featured"

  • Naira-notes
    Naira faces fresh pressure, falls to 222 per dollar

    The naira, which rose to 180 against the dollar shortly after the inauguration of President Muhammadu Buhari about a month ago, has fallen to 222 at the parallel market due to a huge demand for dollars by...

    • Posted June 25, 2015
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  • CONSTRUCTION-360x239
    Government owes us N600bn – Construction firms lament

    The three tiers of government currently owe operators in the construction industry over N600bn, key players in the sector have said. It was learnt that over 80 per cent of the sum was owed by the Federal...

    • Posted June 25, 2015
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  • 190515F-Mounir-Gwarzo
    307 Capital Market operators meet new capital requirement

    About three months to the deadline for the new capital base requirement, 307 capital market operators have complied, THISDAY checks have revealed. The Securities and Exchange Commission(SEC)  had set a new minimum capital base for capital market...

    • Posted June 25, 2015
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  • Former Power Minister, Barth Nnaji
    Nigeria still gives power to Niger, Republic of Benin – Nnaji

    Despite the acute power deficit in Nigeria, the country still gives undisclosed quantity of electricity to Niger and Republic of Benin, as part of the government-to-government efforts to boost regional integration in the West African sub-region. Speaking...

    • Posted June 24, 2015
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  • NSE-Building-Lagos
    NSE plans to trade naira future as market opens positively

    Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema  has said the Exchange  plans to start trading naira futures that will help investors hedge against movements in the local currency. Speaking in an interview...

    • Posted June 24, 2015
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  • Multichoice-logo-360x194
    We will work with CPC on consumer rights – MultiChoice

    MultiChoice Nigeria, promoters of DStv, has promised to cooperate with the Consumer Protection Council, which recently announced its intention to probe alleged consumer rights violations by the pay-TV company. MultiChoice was responding to reports on Monday that...

    • Posted June 24, 2015
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  • Chevron-logo-
    Chevron to sell two more oil blocks

    The current wave of divestments of oil and gas assets by the international oil companies (IOCs) to increase indigenous participation in the industry has received a boost as Chevron has unfolded its plan to offer two more...

    • Posted June 23, 2015
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  • oil tanks
    Address irregular oil blocks allocation – PENGASSAN tells Buhari

    The Petroleum and Natural Gas Senior Staff Association of Nigeria has challenged President Muhammadu Buhari to address irregular allocation and transfer of oil blocks, which it identified as one of the major challenges affecting the oil and...

    • Posted June 22, 2015
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  • Buhari-2015-BN-B
    How Buhari can solve Nigeria’s energy challenges – NAEE

    The National Association of Energy Economists (NAEE) said at the weekend that for President Muhammadu Buhari to solve the country’s energy challenges, his government must seek to build and sustain institutional transparency in the sector NAEE told...

    • Posted June 22, 2015
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  • smart phones
    Nigeria’s telecoms market to generate $11bn by 2019

    An industry research conducted by Pyramid research team has revealed that Nigeria’s telecommunications market will generate over $11 billion at the tail end of 2019. The projection also unveiled that that the number of mobile subscribers in...

    • Posted June 22, 2015
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  • Generator-sets
    Power failure: Nigerians burn N17.5tn fuel on generators in five years

    Despite the huge government investment in the power sector in the last 16 years, Nigeria has only succeeded in mustering an installed electricity generation capacity of 10,000 megawatts. Yet, the country operates at about 30 per cent...

    • Posted June 21, 2015
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  • Aliko_Dangote_a_Nigerian_billionaire
    Dangote takes cement empire to Asia

    Africa’s richest man, Alhaji Aliko Dangote, has said he is expanding his cement empire to Asia and it will be operational in 30 months. The 58-year-old Nigerian billionaire said Dangote Cement Plc should complete a factory in...

    • Posted June 20, 2015
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