All posts tagged "featured"

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  Lagos economy rated above Ghana, UK – Fashola

  Lagos State Governor Babatunde Fashola has said the economy of the state is rated above Ghana and the United Kingdom. He also said his administration is currently executing about 1,966 projects across the state. He said the...

  • Posted March 6, 2013
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  “Nigeria never had $67bn in foreign reserves” – Sanusi

  Contrary to the claims by former Minister of Education, Mrs. Oby Ezekwesili that the country had $67bn in foreign reserve, the Governor, Central Bank of Nigeria, Mr. Lamido Sanusi on Tuesday said such amount never existed. Sanusi...

  • Posted March 6, 2013
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  Africa’s food market can hit $1 trillion by 2030 – World Bank

  A report released by the World Bank on Monday predicted that Africa’s Agricultural sector could become a $1 trillion industry by 2030, if governments and the private sector put up better policies and empower African farmers. According...

  • Posted March 5, 2013
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  Forbes’ World’s Richest: Aliko Dangote now number 43

  Two Nigerian billionaires have retained their presence in the Forbes’ list of the world’s richest in the latest list of about 1,500 billionaires. Dangote Group of Companies President, Aliko Dangote is number 43, moving up from 76...

  • Posted March 5, 2013
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  Union Bank appoints new chairman, directors

  One of Nigeria‘s leading financial institutions, Union Bank of Nigeria Plc had on Tuesday announced the appointment of a new chairman and non-executive directors to its Board of Directors. A statement by the bank said the new...

  • Posted February 27, 2013
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  Nigerians will soon enjoy uninterrupted power supply – Elumelu

  The Chief Executive Officer, Transcorp/Woodrock, Mr. Tony Elumemlu has promised that Nigeria would soon begin to enjoy uninterrupted power supply after several years of epileptic power supply. He said this after his firm, which emerged the preferred...

  • Posted February 22, 2013
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  Nigeria needs N350bn yearly to provide stable water – Jonathan

  President Goodluck Jonathan had disclosed on Monday that Nigeria needs about N350 billion yearly to tackle its water and sanitation challenges, adding that lack of portable water for rural and sub-urban dwellers could no longer be tolerated....

  • Posted February 19, 2013
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  Indigenous firms call for higher allocation on crude lifting

  Firms involved in the sales of the nation’s crude oil have demanded that the Federal Government increase the allocations granted to them, as a way of encouraging local capacity. The local oil firms, have appealed to the...

  • Posted February 18, 2013
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• Nigeria loses N6b daily on import to worsening piracy rating

  Following claims by the international community that it has substantially addressed sea piracy in the Gulf of Aden, Nigeria now risks taking over from Somalia as the worst state in terms of piracy. This, it is feared,...

  • Posted February 15, 2013
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  Nigeria’s power generation capacity has improved to about 4,500MW – TCN

  Nigeria’s daily electricity generation capacity is currently fluctuating between 4,400 and 4,500 megawatts, MW, the Transmission Company of Nigeria, TCN, said on Monday. Though the highest peak generation of 4, 517 MW was recorded on December 23,...

  • Posted February 12, 2013
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