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All posts tagged "featured"

  • ambode-el-rufai-oshiomhole
    Lagos, Kaduna, Edo owe foreign creditors $1.84bn

    Lagos, Kaduna and Edo, with a combined foreign debt profile of $1.84bn, are the most indebted states of the federation as far as subnational foreign debts are concerned, investigation has revealed. Statistics obtained from the Debt Management...

    • Posted September 23, 2016
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  • Maikanti-Kacalla-Baru 1
    NNPC pledges to promote gas development

    The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has said the corporation will ensure the maximisation of the nation’s vast gas resources by incentivising all parts of the gas value chain. He...

    • Posted September 23, 2016
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  • muhammadu-sanusi
    Sanusi backs assets sale, CBN on interest rate

    The Emir of Kano, Muhammadu Sanusi II, on Wednesday joined the list of eminent Nigerians calling for sale of state assets to get the much-needed foreign exchange and shore up the nation’s fast-depleting external reserves. Sanusi, who...

    • Posted September 23, 2016
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  • conoil-logo
    Conoil gains 97% as investors increase demand on impressive results

    An unprecedented increased demand for the shares of Conoil Plc has lifted the shares of company by 97 per cent following the impressive 2015 full year and 2016 half year results. Despite the economic headwinds that led...

    • Posted September 23, 2016
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  • crude-oil
    Ghana could be Africa’s number four oil producer by 2020

    Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new offshore fields come on stream, to push total output above 240,000 barrels per day (bpd), Ecobank revealed wednesday. The West African...

    • Posted September 23, 2016
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  • Bukola Saraki
    Labour kicks as Saraki joins call for sale of oil assets

    The President of the Senate, Bukola Saraki, on Tuesday itemised measures he said the Executive must take to take Nigeria out of recession. The measures include the partial sale of the Nigeria LNG Limited and the reduction...

    • Posted September 22, 2016
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  • Muhammadu Buhari 1
    Nigeria’s debt rises by N4.17tn in one year

    The country’s debt profile has risen to N16.29tn, the Debt Management Office has said. Statistics obtained from the DMO on Tuesday showed that the country’s total debt liability had risen to N16.29tn as of June 30, 2016....

    • Posted September 22, 2016
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  • Heritage-Bank
    Heritage Bank highlights potential in non-oil exports

    Heritage Bank Limited has identified major commodities that can boost Nigeria’s foreign exchange earnings in the non-oil sector for the country. Some of the export potential products as listed by the bank in the agriculture sector are:...

    • Posted September 22, 2016
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  • Guinness_Logo
    Guinness Nigeria records N2billion loss, first in 30 years

    For the first time in 30 years, Guinness Nigeria Plc yesterday reported a loss for the year ended June 30, 2016. Details of the audited results filed with the Nigerian Stock Exchange (NSE) showed that turnover fell...

    • Posted September 22, 2016
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  • standard-chartered-bank
    Standard Chartered Bank to open 10 new branches in Lagos

    Standard Chartered Bank has opened the first of 10 new branches it plans to establish in Lagos state. The first of the proposed branches was opened at the Lagos’ Circle Mall, along Lekki/Epe Expressway. A statement explained...

    • Posted September 22, 2016
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