All posts tagged "featured"

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  SIM registration: Mobile operators risk punishment

  The Nigerian Communications Commission will soon announce new sanctions for telecommunications operators who allow preregistered Subscriber Identification Module cards on their networks, investigation has shown. It was learnt that some mobile operators had allowed preregistered SIMs on...

  • Posted October 20, 2015
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  Refineries operated at 10% capacity in August, recorded N31.7bn loss

  Despite earlier claims of robust performance by the management of Nigeria’s three refineries in Port Harcourt, Warri and Kaduna, the refineries actually recorded average capacity utilisation of 10.04 per cent, according to the monthly financial and operations...

  • Posted October 20, 2015
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  Banks panic over TSA violation sanctions

  Indications emerged on Sunday that a significant number of the 19 commercial banks operating in the country had yet to fully adhere to the Treasury Single Account policy of the Federal Government. It was gathered that as...

  • Posted October 20, 2015
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  Tariff reform will promote power sector investment – FBN Capital

  FBN Capital, the investment banking subsidiary of the FBN Holdings Plc, says investment in the power sector can be encouraged through sustainable and consistent cost-reflective tariffs. A Vice-President at the firm, Mrs. Abiola Baruwa, stated this at...

  • Posted October 20, 2015
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  NCRIB to work with government on risk matters

  The President, Nigerian Council of Registered Insurance Brokers, Mr. Kayode Okunoren, has said that the council will work with the government on risk preventive methods. He said this while delivering his acceptance speech during his inauguration as...

  • Posted October 20, 2015
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  Nigeria’s foreign debt portfolio hits $11bn

  The Director-General, Debt Management Office, Dr. Abraham Nwankwo has disclosed that Nigeria’s external debt profile has risen to $11 billion  as at last week as against the $ 9.4 billion recorded in March. Similarly, domestic debt profile...

  • Posted October 19, 2015
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  New World Bank report reveals Africa’s poverty rate drops to 43%

  A new World Bank report has put Africa’s poverty rate at 43 per cent compared to a previous figure of 56 per cent. The World Bank Vice President, Africa Region, Mr. Makhtar Diop said during a video...

  • Posted October 19, 2015
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  Why SDG implementation is non-negotiable for African countries – Elumelu

  The Chairman of Heirs Holdings Foundation, Mr. Tony Elumelu, who was a panelist at one of the discussions,  was engaged by Nigerian media representatives including Festus Akanbi at the IMF-World Bank meetings What lessons can Africa learn...

  • Posted October 19, 2015
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  Customs, SON join forces to tackle substandard goods

  The Nigeria Customs Service (NCS) has vowed to strengthen its partnership with the Standards Organisation of Nigeria (SON) to help combat the preponderance of fake and substandard goods in the country. The Comptroller General, NCS, Colonel Hameed...

  • Posted October 18, 2015
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  Nigeria to hold talks with Ghana over gas supply threat

  A Ghanaian Government delegation is at present in Nigeria to hold emergency talks with the federal government, to avert a drastic gas supply cut threat. The Nigerian National Petroleum Corporation (NNPC) said it would cut gas supply...

  • Posted October 18, 2015
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