All posts tagged "featured"
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CBN urges operators to take advantage of N220bn MSME Fund
The Central Bank of Nigeria (CBN) has expressed its commitment to bridging the N9.6 trillion financing gap in the micro, small and medium scale enterprises (MSMEs) sub-sector of the economy. CBN Director of Corporate Communication, Alhaji Ibrahim...
- Posted September 22, 2015
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NCAA grounds British, Mexican planes for illegal flights
The Nigerian Civil Aviation Authority has grounded two foreign registered aircraft with immediate effect for allegedly flying illegally into and within the country’s airspace. The aviation industry regulator said the United Kingdom and Mexico-registered planes had flown...
- Posted September 22, 2015
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Sovereign Wealth Fund assets intact – NSIA
The Nigeria Sovereign Investment Authority has said all funds and assets managed by it are intact and fully accounted for as detailed in its audited financial statement for the year ended 2014. The organisation, which manages the...
- Posted September 22, 2015
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NSE: Top 10 stockbrokers handled N104.115bn transactions in August
The Nigerian Stock Exchange has disclosed that the activities of top 10 stock broking firms were responsible for 71.32 per cent of the total value of transactions recorded on the exchange for the month of August. The...
- Posted September 21, 2015
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Sokoto to continue with fertiliser subsidy – Tambuwal
Considering its importance in the agricultural value chain, Sokoto State government has said it would continue with the policy of providing fertiliser subsidy to farmers across the state. This, according to Governor Aminu Waziri Tambuwal, is aimed...
- Posted September 21, 2015
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ExxonMobil accuses FG of defaulting in partnership agreement
The partnership between ExxonMobil and the Federal Government over oil and gas activities in Nigeria is being threatened as the latter is accused of defaulting in meeting its side of financial obligations to the operation, business and...
- Posted September 21, 2015
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Concrete road cheaper, durable – Dangote
Chairman of Dangote Cement, Aliko Dangote over the weekend reiterated his plea to the Federal Government to urgently consider the use of concrete roads in the country. In a chat with newsmen over the weekend, the African...
- Posted September 20, 2015
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Emefiele expresses satisfaction with S&P Rating on Nigeria
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has expressed satisfaction with the B+rating and stable outlook that was assigned to the country by global ratings agency, Standard & Poor’s (S&P). “I am very pleased with...
- Posted September 20, 2015
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Marketers, banks groan under unpaid N500bn subsidy slaim
Federal Government’s failure to meet its obligations on petrol subsidy claims, which has accumulated to over N500 billion is putting pressure on the marketers and the banks, THISDAY’s investigation has revealed. THISDAY gathered that the current administration...
- Posted September 20, 2015
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There will be consequences if Governors divert bailout – CBN
On no account should states divert the bailout they have just received to pay the backlog of their workers’ outstanding salaries, the Central Bank of Nigeria warned on Friday. The apex bank said there would be consequences...
- Posted September 20, 2015