All posts tagged "featured"

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  CBN: BVN enrollment to continue in banks

  The Central Bank of Nigeria (CBN) on Tuesday clarified that though the deadline for enrollment of the customer Bank Verification Number (BVN) elapsed on October 31, the exercise would nevertheless continue. CBN Director, Corporate Communications, Alhaji Ibrahim...

  • Posted November 12, 2015
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  Chevron: Investment in Nigeria’s oil and gas industry drops by 20%

  The President of Chevron Africa and Latin America Exploration and Production, Mr. Ali Moshiri, has raised the alarm that total investment by all players in Nigeria’s oil and gas industry, which stood at $20 billion in 2014...

  • Posted November 12, 2015
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  SEC moves to ensure compliance with Corporate Governance Code

  The Securities and Exchange Commission is intensifying efforts to collaborate with other regulators to ensure good corporate in the nation’s capital market. Speaking in Abuja when  the executives of the Institute of Chartered Secretaries and Administrators of...

  • Posted November 12, 2015
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  Firms to build N20bn solar plant in Kaduna

  Access Infra Africa has signed a joint development agreement with Nigerian Quaint Global Energy Solutions for a $100m (N20bn) solar power plant of 50 megawatt capacity that is expected to provide electricity for over 600,000 homes in...

  • Posted November 12, 2015
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  Contributory Pension Scheme attracts 6.74 million workers

  Workers who have subscribed to the Contributory Pension Scheme have risen to 6.74 million in the past 11 years, investigation has revealed. Data made available to our correspondent on Tuesday by the National Pension Commission showed that...

  • Posted November 12, 2015
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  N413bn subsidy approval fails to end petrol scarcity

  The petrol supply situation in the country has worsened as marketers say they have yet to receive the N413bn petrol subsidy arrears approved for them by the Federal Government through the Nigerian National Petroleum Corporation last Wednesday....

  • Posted November 12, 2015
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  Barclays to cut Nigeria from emerging markets local Bond Index February 2016

  Barclays monday announced that it would remove Nigeria’s sovereign debt from its emerging markets local currency government bond benchmark from February 1, 2016. The announcement came a few weeks after United States investment bank, JP Morgan &...

  • Posted November 11, 2015
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  Oando sustains recovery, leads price gainers

  Oando Plc on Monday sustained its bull run at the stock market, gaining the maximum daily 10 per cent to close at N8.50 per share, up from N7.72. The equity had last week appreciated by 28.5 per...

  • Posted November 11, 2015
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  AMCON to sell Zenon, Acorn, Aquitaine assets

  A total of 32 petroleum product storage tanks worth several billions of naira have been put up for sale by the Asset Management Corporation of Nigeria, the agency created by the Federal Government to absorb bad loans...

  • Posted November 11, 2015
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  BVN: BDCs now comply with Forex limits

  The implementation of the use of the Bank Verification Number (BVN) as a requisite for the purchase of foreign currency from the Bureau De Change (BDC) segment of the market may have compelled the operators to comply...

  • Posted November 11, 2015
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