All posts tagged "featured"

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  Recapitalisation: SEC urges investors to verify compliance of operators

  Following the expiration of deadline for the new capital  requirement, last Thursday, the Securities and Exchange Commission (SEC) has advised investors to verify the compliance status of their various preferred Capital Market Operators  (CMOs). According to the...

  • Posted October 6, 2015
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  CBN will ease forex restrictions in the future – Osinbajo

  Nigeria will keep foreign currency restrictions for now to preserve the country’s currency reserves amid falling oil revenues but the Central Bank of Nigeria will ease the rules in the long-term, Vice President Yemi Osinbajo has said....

  • Posted October 6, 2015
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  NCAA unveils ICAO safety policy for Nigeria

  The Nigerian Civil Aviation Authority has unveiled the Nigeria’s State Safety Policy Statement. This policy statement was signed by the Director-General, NCAA, Capt. Muhtar Usman. The regulatory agency said this was done in compliance with the requirements...

  • Posted October 6, 2015
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  437 market operators meet new capital requirement

  A total of 437 capital market operators have met the new minimum capital requirement, which was announced by the Securities and Exchange Commission in December 2013. A provisional list published on the SEC’s website following the expiration...

  • Posted October 6, 2015
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  NNPC to cut crude oil refining costs

  The Nigerian National Petroleum Corporation is looking at significantly reducing the cost of refining crude oil within the country through resource co-location. With the co-location model, the corporation will ensure that new refineries are situated together in...

  • Posted October 5, 2015
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  Budget: FG targets N394bn from development partners

  The Federal Government is targeting an inflow of $2bn (N394bn) in 2016 from its development partners such as the European Union, Department for International Development, and the World Bank, among others. The amount is expected to be...

  • Posted October 5, 2015
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  Ajimobi applauds SMEDAN, advocates capacity building

  Governor Abiola Ajimobi of Oyo State has lauded the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN)’s activities in respect of promoting and developing Micro Small and Medium Enterprises in the State. He made the commendation...

  • Posted October 5, 2015
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  Group commends NNPC GMD over new management appointments

  A non-political organisation, Change Nigeria Vanguard (CNV) has condemned the recent attack on the new management of the Nigerian National Petroleum Corporation (NNPC) over its recent appointments by the Group Managing Director, Dr. Emmanuel Ibe Kachikwu In...

  • Posted October 4, 2015
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  Lending rate hits new low on CBN liquidity

  The Nigerian overnight lending rate halved to three per cent on Friday to a three-month low after the Central Bank of Nigeria injected liquidity into the banking system by paying off Treasury bills, traders said. A total...

  • Posted October 4, 2015
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  Investors gain N232bn in three days

  Investors in the equities segment of the Nigerian Stock Exchange saw the value of their stocks rise by N232bn in the first three days of this week as increased activities towards the end of the month boosted...

  • Posted October 3, 2015
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