All posts tagged "featured"

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  Buhari’s approval delays NNPC director’s appointments

  President Muhammadu Buhari’s silence following the recent sacking of eight Group Executive Directors of the Nigerian National Petroleum Corporation has continued to delay the appointment of new directors,Saturday PUNCH has learnt. One of our correspondents learnt that...

  • Posted August 9, 2015
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  DPR behind sale of petrol above N100 –Marketers

  Independent petroleum marketers on Friday said Premium Motor Spirit, popularly called petrol, would continue to sell above N100 per litre in retail outlets because of the insincerity of officials of the Department of Petroleum Resources in monitoring...

  • Posted August 9, 2015
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  CBN, banks to impose sanction on delinquent debtors

  The Central Bank of Nigeria and the Deposit Money Banks under the aegis of the Bankers Committee will commence the imposition of market sanctions on delinquent debtors of banks any time soon. The Acting Director, Banking Supervision,...

  • Posted August 9, 2015
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  Zenith Bank mulls interim dividend payment

  Shareholders of Zenith Bank Plc should expect an interim for the half year ended June 30, 2015, market sources have said.  While some banks have released their half year results, that of Zenith Bank is being awaited....

  • Posted August 8, 2015
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  CBN’s Forex demand management is starting to work – Emefiele

  The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has maintained that CBN policies aimed at managing demand for foreign exchange were beginning to have the desired impact. He also dismissed calls for the devaluation of...

  • Posted August 8, 2015
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  Access Bank introduces scheme to ease customers’ trade

  Access Bank Plc and GMT Nigeria Limited have developed a new business solution, which according to both organisations would revolutionise international trade in Nigeria. The scheme is branded FLOWS – Finance and Logistics Worldwide Scheme. Group Managing...

  • Posted August 8, 2015
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  Naira rebounds on parallel market after CBN dollar sale

  The naira firmed against the dollar on the parallel market on Wednesday following central bank sales of about $80 million to bureau de change operators, traders said. The local currency was trading at N215 to the dollar...

  • Posted August 7, 2015
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  Blame successive governments for NNPC inefficiency – Ogbeifun

  A former President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Dr. Louis Ogbeifun, said successive governments should be blamed for the inability of the Nigerian National Petroleum Corporation to deliver value as done...

  • Posted August 7, 2015
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  Buhari orders take over of Nigeria’s airspace over Gulf of Guinea from Ghana

  President Muhammadu Buhari has ordered the takeover of the security of the nation’s airspace over the Gulf of Guinea from Ghana, even as he directed the Ministry of Aviation to expedite action on the setting up of...

  • Posted August 7, 2015
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  NCC gives Telcos ultimatum to deactivate pre-registered SIM cards

  The Nigerian Communications Commission (NCC), the telecoms industry regulator, has asked all telecommunications operators (Telcos) and other network providers to deactivate pre-registered SIM cards on their networks, within the next seven days or face sanctions. The ultimatum,...

  • Posted August 7, 2015
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