All posts tagged "featured"

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  NSE index extends gains as 36 stocks rise

  The Nigeria Stock Exchange All-Share Index rose for a third straight day on Tuesday as equities closed higher. Specifically, the NSE ASI rose by 1.01 per cent or 306.67 basis points to close at 30,358.87 basis points....

  • Posted September 10, 2015
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  FRC wants Buhari to set borrowing limits for all tiers of government

  Notwithstanding the sustainability of the country’s current public debt to Gross Domestic Product (GDP) ratio, the acting Chairman of the Fiscal Responsibility Commission (FRC), Mr. Victor Muruako, on Tuesday called on President Muhammadu Buhari to set borrowing...

  • Posted September 10, 2015
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  FG will help SMEs to access funds – Osinbajo

  The federal government will help operators of Small and Medium Scale Enterprises (SMEs) access needed funds, the Vice President, Professor Yemi Osinbajo, SAN has said. A statement by the Senior Special Assistant to the Vice-President on Media...

  • Posted September 10, 2015
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  NERC retains fixed electricity charge

  The Nigerian Electricity Regulatory Commission on Tuesday explained why it decided not to allow any increase in electricity tariff for all categories of consumers, which would have commenced in June this year. According to NERC, one of...

  • Posted September 10, 2015
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  Lagos tops destination for FDI in second quarter

  Lagos State accounted for over 99 per cent of all capital imported into the country in the second quarter of the year, according to the investment data provided by the National Bureau of Statistics (NBS) monday. Inflows...

  • Posted September 9, 2015
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  SIM deactivation: Telcos may incur additional fines

  There are indications that telecommunications operators (Telcos) may incur additional fines other than the combined fine of N120.4 million imposed on the four operators for failure to deactivate all pre-registered SIM cards, improperly registered SIM cards, and...

  • Posted September 9, 2015
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  NNPC now supplies 876mscuf of gas daily to Gencos

  A preliminary report on the recent activities at the Nigerian National Petroleum Corporation (NNPC) submitted to President Muhammadu Buhari by the Group Managing Director (GMD) of NNPC, Dr. Ibe Kachikwu, has shown that the corporation now supplies...

  • Posted September 9, 2015
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  Naira drops to 223 as dollar demand grows

  The naira weakened by 1.13 per cent against the dollar at the parallel market on Monday amid rising demand for hard currencies. The local currency fell to 223 to the dollar at the parallel market, down from...

  • Posted September 9, 2015
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  UBA shares surge as positive results boost demand

  The release last week of United Bank for Africa Plc’s audited half-year results, which showed that the bank’s profit after tax rose by 40 per cent to N32bn, has led to massive demand for its stocks, according...

  • Posted September 9, 2015
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  FG approves new petrol import permits

  The Federal Government has issued supplementary import permits to oil marketers for the importation of petrol due to the poor output from the country’s refineries. It was learnt on Monday that the permits were given to marketers...

  • Posted September 9, 2015
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