All posts tagged "featured"

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  CBN bans 40 items from accessing Forex

  The Central Bank of Nigeria (CBN) on Tuesday officially stopped the sale of dollars for a list of 40 items as it seeks to reduce pressure on the naira as well as preserve the country’s external reserves....

  • Posted June 25, 2015
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  Naira faces fresh pressure, falls to 222 per dollar

  The naira, which rose to 180 against the dollar shortly after the inauguration of President Muhammadu Buhari about a month ago, has fallen to 222 at the parallel market due to a huge demand for dollars by...

  • Posted June 25, 2015
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  Government owes us N600bn – Construction firms lament

  The three tiers of government currently owe operators in the construction industry over N600bn, key players in the sector have said. It was learnt that over 80 per cent of the sum was owed by the Federal...

  • Posted June 25, 2015
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  307 Capital Market operators meet new capital requirement

  About three months to the deadline for the new capital base requirement, 307 capital market operators have complied, THISDAY checks have revealed. The Securities and Exchange Commission(SEC)  had set a new minimum capital base for capital market...

  • Posted June 25, 2015
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  Nigeria still gives power to Niger, Republic of Benin – Nnaji

  Despite the acute power deficit in Nigeria, the country still gives undisclosed quantity of electricity to Niger and Republic of Benin, as part of the government-to-government efforts to boost regional integration in the West African sub-region. Speaking...

  • Posted June 24, 2015
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  NSE plans to trade naira future as market opens positively

  Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema  has said the Exchange  plans to start trading naira futures that will help investors hedge against movements in the local currency. Speaking in an interview...

  • Posted June 24, 2015
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  We will work with CPC on consumer rights – MultiChoice

  MultiChoice Nigeria, promoters of DStv, has promised to cooperate with the Consumer Protection Council, which recently announced its intention to probe alleged consumer rights violations by the pay-TV company. MultiChoice was responding to reports on Monday that...

  • Posted June 24, 2015
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  Chevron to sell two more oil blocks

  The current wave of divestments of oil and gas assets by the international oil companies (IOCs) to increase indigenous participation in the industry has received a boost as Chevron has unfolded its plan to offer two more...

  • Posted June 23, 2015
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  Address irregular oil blocks allocation – PENGASSAN tells Buhari

  The Petroleum and Natural Gas Senior Staff Association of Nigeria has challenged President Muhammadu Buhari to address irregular allocation and transfer of oil blocks, which it identified as one of the major challenges affecting the oil and...

  • Posted June 22, 2015
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  How Buhari can solve Nigeria’s energy challenges – NAEE

  The National Association of Energy Economists (NAEE) said at the weekend that for President Muhammadu Buhari to solve the country’s energy challenges, his government must seek to build and sustain institutional transparency in the sector NAEE told...

  • Posted June 22, 2015
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