All posts tagged "featured"

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  Non-delivery of pipes delays Nigeria’s East-West gas pipeline project

  The Chairman and Chief Executive Officer of Oilserv Limited, Mr. Emeka Okwuosa has raised the alarm that the non-delivery of pipes by a contractor has delayed the early completion of the Ob/Ob 3 East-West gas pipeline project...

  • Posted December 16, 2015
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  CBN, RIMAN seek improved risk management in banks

  The Central Bank of Nigeria will continue to support initiatives aimed at boosting risk management practice in the nation’s financial institutions, the Director, Risk Management, CBN, Mrs. Folakemi Fatogbe, has said. She said plan by the Risk...

  • Posted December 16, 2015
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  Power generation drops by 1,153MW

  The nation has lost 1,153.66 megawatts of power in the last 20 days, worsening the load shedding arrangement that electricity distribution companies have been subjecting their consumers to. The electricity generated on Sunday, December 13, stood at...

  • Posted December 16, 2015
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  Oil slump: NNPC will suspend some projects, says Kachikwu

  The Minister of State for Petroleum Resources and Group Managing Director, Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, on Monday declared that the NNPC would not go ahead with some of its planned projects until crude oil...

  • Posted December 16, 2015
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  Over 36.6m Nigerians in job market – Diaspora Group

  he Association of Nigerian-American Professionals (ANAPIN) has decried the persisting high unemployment rate in the country which has about 36.6 million people jobless. The group said it is worried by the ugly situation and ready to partner...

  • Posted December 15, 2015
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  Nigeria’s economy not entering recession – CBN

  The Central Bank of Nigeria, CBN, during the weekend  decried the fears being expressed by some stakeholders that the nation’s economy may be entering recession. The apex bank however stated that the nation’s economy is being restructured...

  • Posted December 15, 2015
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  FG blames weakness of naira on massive looting during PDP’s administration

  The Federal Government on Sunday blamed the poor state of the country’s economy, especially the depreciation in the naira exchange rate, on what it described as incomprehensible mismanagement of the economy under the immediate past administration of...

  • Posted December 15, 2015
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  Money market awaits N890billion liquidity inflow

  A total inflow of about N890 billion is expected to hit the money market from the various maturing government securities and Federation Account Allocation Committee (FAAC) this month, a report by FSDH Merchant Bank Limited has revealed....

  • Posted December 15, 2015
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  FG retraces step with TCN structural reversals

  Industry experts have described the decision of the federal government last week to reverse the structural splitting of the Transmission Company of Nigeria (TCN) which was done in the last days of former President Goodluck Jonathan’s administration,...

  • Posted December 14, 2015
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  Investors lose N146.2bn to massive sell-off

  Equity performance on the Nigerian Stock Exchange was negative for the most part of last week as the All Share Index (ASI) gained on three out of five trading days with the greatest year-to-date loss being the...

  • Posted December 14, 2015
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