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All posts tagged "featured"

  • FG promises to increase revenue from maritime sector

    A significant opportunity exists for the federal government to increase its revenue generation in the maritime industry and there are plans in the works to ensure this, the Vice-President, Prof. Yemi Osinbajo, has said. He made this...

    • Posted October 22, 2015
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  • Buhari restates commitment to steady power supply to SMEs

    President Muhammadu Buhari has reiterated the commitment of his government to ensure that the country’s electricity sector would eventually drive the promising growth trajectories of small and medium scale enterprises (SMEs) in the country. Buhari, who spoke...

    • Posted October 21, 2015
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  • Osinbajo intervenes in power firms’ crisis

    Vice President Yemi Osinbajo is currently intervening in the seeming crisis rocking the power sector in order to prevent the declaration of force majeure by electricity distribution companies that are seriously agitating for an increase in tariff....

    • Posted October 21, 2015
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  • NERC to release new electricity tariffs by end of October

    The Nigerian Electricity Regulatory Commission (NERC) has said the new electricity tariffs proposed by the distribution companies for approval by the regulatory agency would be ready for implementation by the end of October. The agency at its...

    • Posted October 21, 2015
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  • Stocks rebound, erase last week’s N114bn loss

    Stocks on the Nigerian Stock Exchange rallied on Monday to lift the market capitalisation of the listed equities by N132bn or 1.29 per cent from N10.253tn to N10.385tn, erasing last week’s loss. Across the five trading sessions...

    • Posted October 21, 2015
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  • Transport union plans mega filling stations

    The National Union of Road Transport Workers, Lagos Council, is worried about the intermittent fuel crisis in the country, which often disrupts the operation of its members and the economy of the nation. It has, therefore, commenced...

    • Posted October 21, 2015
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  • Nigeria lost $1.1bn to lack of transparency – Malabu

    A lack of beneficial ownership transparency in the oil and gas industry led to the loss of $1.1bn to a single deal by Nigeria, an international watchdog, Global Witness, has said in a new report. The report...

    • Posted October 21, 2015
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  • Goods clearance at Lagos ports requires 110 signatures – Manufacturers

    Manufacturers in the country have said that the process of clearing cargo at the two major seaports in Lagos requires a combination of 110 signatures. According to them, before a manufacturer can get his raw materials out...

    • Posted October 21, 2015
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  • Capital Market registrars advised to strategise for survival

    Capital market registrars have been enjoined to re-define their business models and re-strategise for survival. The President/Chairman of Council, Institute of Capital Market Registrars (ICMR), Mr. Bayo Olugbemi made the call last week during the annual general...

    • Posted October 20, 2015
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  • Dangote, Oshiomhole, Ganduje, others for New Telegraph Economic Summit

    Three governors, Mr. Adams Oshiomhole (Edo), Alhaji Abdullahi Ganduje (Kano) and Chief Dave Umahi (Ebonyi) as well as President, Dangote Group, Alhaji Aliko Dangote, are among dignitaries to participate in the maiden edition of New Telegraph Economic...

    • Posted October 20, 2015
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