All posts tagged "featured"

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  Stock market falls after two-day rise

  The Nigerian Stock Exchange All-Share Index closed lower on Wednesday, snapping a two-day gain on the back of losses by 32 stocks. The NSE ASI had on Tuesday begun the week on a positive note, extending the...

  • Posted July 24, 2015
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  Unclaimed dividends to reduce as SEC, CBN collaborate on e-Dividend payment

  The Securities and Exchange Commission (SEC), the Central Bank of Nigeria (CBN) and other stakeholders in the financial system are collaborating to facilitate the electronic dividend (e-dividend) payment for shareholders. E-dividend, which is the direct payment of...

  • Posted July 23, 2015
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  Buhari promises improved privatisation process, visa issuance

  President Muhammadu Buhari on Tuesday assured international investors that his administration would continue the major privatisation programme started by previous governments but with “improved moral architecture.” He also promised to ensure that the process of procuring Nigerian...

  • Posted July 23, 2015
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  Benue Government presents N12bn supplementary budget

  Governor Samuel Ortom of Benue State has presented a supplementary budget of over N12billion to the Benue State House of Assembly for consideration and possible passage. The governor, who was represented by the Permanent Secretary, Ministry of...

  • Posted July 23, 2015
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  Chicken, turkey scarcity hits market, prices soar by 29%

  A week after the Nigeria Customs Service launched the ‘Operation Hawk Descend’, a special operation against the smuggling of frozen poultry into the country, the prices of foreign poultry have risen by 28.5 per cent, while those...

  • Posted July 22, 2015
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  NNPC raises alarm on diversion of petrol by marketers

  Concerned that the nationwide scarcity of petrol has refused to ease despite its efforts to flood the market with the product, the Nigerian National Petroleum Corporation (NNPC) has raised the alarm over the alleged diversion of trucks...

  • Posted July 21, 2015
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  Fund managers urged to comply with new capital requirement

  The President, Fund Managers Association of Nigeria (FMAN), Mr. Michael Oyebola, has urged member firms of the association to  comply with the new minimum capital set by the Securities and Exchange Commission (SEC) before the September 30,...

  • Posted July 21, 2015
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  Naira remains under pressure as MPC meets Thursday

  Economic and currency analysts expect the naira to remain under pressure at the parallel market this week even as the Monetary Policy Committee of the Central Bank of Nigeria meets on Thursday and Friday to take key...

  • Posted July 21, 2015
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  Standard Chartered MD, Bola Adesola joins UN Global Compact Board

  The United Nations Secretary-General Ban Ki-moon has announced the appointment of Bola Adesola as a member of the board of the United Nations Global Compact. Launched in July 2000, the United Nations Global Compact is a leadership...

  • Posted July 20, 2015
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  Uproar as Nigerians in UK pay N10, 000 for BVN

  Nigerians in London, United Kingdom, have expressed frustration over the compulsory payment of £30 (about N10, 000) for the registration of the Bank Verification Number, as directed by the Central Bank of Nigeria. Apparently sad over their...

  • Posted July 19, 2015
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