All posts tagged "featured"

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  700MHz spectrum shouldn’t have been sold to MTN – NCC

  Following the controversy trailing last year’s sale of the country’s 700MHz Spectrum for N34 billion to MTN Nigeria by the National Broadcasting Commission (NBC), the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta,...

  • Posted January 4, 2016
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  NNPC to globalise recruitment, set to employ expatriates – Kachikwu

  The Minister of State for Petroleum and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu has said that expatriates would be recruited into the corporation as part of the ongoing restructuring of...

  • Posted January 3, 2016
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  Imo State woos more investors

  The newly appointed Imo Liaison Officer in Lagos, Barrister Steve Asimobi has charged members of staff of the Liaison office to join hands with the Imo State Government to attract investors to the state, so as to...

  • Posted January 3, 2016
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  High exchange rate threatens future of domestic airlines

  Industry experts have said Nigerian airlines may face a harsher operating environment if the value of the naira continues to nose-dive as paucity of dollars drives up the exchange rate. They explained that Nigerian airlines earn their...

  • Posted January 2, 2016
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  Nigerian Stock Market closes 2015 with decline of 17.4%

  The Nigerian stock market ended 2015 with its second consecutive decline as the Nigerian Stock Exchange (NSE) All-Share Index fell by 17.36 per cent to close at 28,642.25. Similarly, the market capitalisation shed N1.6 trillion to  the...

  • Posted January 2, 2016
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  UBA unveils mobile banking platform

  The United Bank for Africa (UBA) Plc has unveiled the new U-Mobile, a more advanced and user-friendly mobile banking platform than the previous one. The Divisional Head, Digital Banking, UBA, Dr. Yinka Adedeji, said the new U-Mobile...

  • Posted January 2, 2016
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  Nigeria’s external reserves now $29.1bn

  Nigeria’s foreign exchange reserves declined by 15.61 per cent year-on-year to $29.101 billion as at December 30 from $34.52 billion a year ago, data from the Central Bank of Nigeria (CBN) revealed on Thursday. The drop in...

  • Posted January 2, 2016
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  NCAA lifts sanction on Lubcon

  The Nigerian Civil Aviation Authority (NCAA) has lifted the sanction it imposed on Lubcon from supplying aviation fuel to domestic and foreign airlines at airports in the country with immediate effect. This was contained in a letter...

  • Posted January 2, 2016
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  2016: Liquidity problem threatens power sector

  The growth prospects of the nation’s power sector, whose privatisation recently entered its third year, may be dampened this year as funding challenge continues to hamper investors’ interests. Many of the private investors, who took over the...

  • Posted January 2, 2016
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  NNPC loses N255.28bn in 11 months

  The total loss of the Nigerian National Petroleum Corporation from January to November 2015 has been put at N255.28bn, as against N240.98bn which it recorded from January to October in the same year. An analysis of the...

  • Posted January 2, 2016
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