All posts tagged "featured"

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  FG approves reduction in company registration fees

  The Federal Government has approved a downward review of the cost of registering a company with the Nigerian Investment Promotion Commission. A statement issued by the NIPC on Monday stated that the approval was given by the...

  • Posted February 12, 2013
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  Bayelsa approves N4bn for rural electricity

  Communities in the hinterland of Bayelsa State will soon enjoy power supply as the state government has approved N4 billion for rural electrification. The state Commissioner for Energy, Mr. Francis Ikio, disclosed this in Yenagoa while conducting...

  • Posted February 12, 2013
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• Convicted wonder bank directors appeal court judgment

  CONVICTED directors of defunct Mustard Seed Micro-Finance Bank Limited, Pastor Okeoghene Abrefera and Rev. Vincent Okpogo, have appealed the judgment of a Federal High Court sitting in Asaba, Delta State, which sentenced them to 10 years imprisonment...

  • Posted February 12, 2013
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  South-East summit targets N50 billion MDGs support trust fund

  Secretary to the Government of the Federation (SGF), Senator Anyim Pius Anyim, Minister for Finance, Dr. Ngozi Okojo-Iweala, are among other personalities in the South-East expected to participate in a-two day summit in Owerri Imo state where...

  • Posted February 10, 2013
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  NCC confirms new interconnect rate under way

  Operators in the Nigerian telecommunications industry will soon get a new interconnect rate, Director of Public Affairs at the Nigerian Communications Commission, Mr. Tony Ojobo, has said. Ojobo, who said this in a telephone interview with our...

  • Posted February 10, 2013
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• 98% of federal pensioners are unpaid — FCP

  There appears no respite yet for federal pensioners, as about 98 per cent of them have been reportedly denied monthly stipends for three months. The Lagos State Coordinator, Federal Concerned Pensioners, Mr. David Adodo, stated this in...

  • Posted February 10, 2013
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• Developing countries lose $40bn to corruption annually – World Bank

  Developing countries in the world lose no less than $40 billion annually to the scourge called corruption, President of the World Bank Group Jim Yong Kim, has disclosed. He made this known during a recent meeting on...

  • Posted February 9, 2013
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• MRS depot in Apapa now operational

  MRS Oil and Gas on Tuesday said that its depot at Tin-Can in Lagos had resumed operations in compliance with the directive of the Department of Petroleum Resources (DPR). Enoch Kanawa, The Executive Director, Government Policy and...

  • Posted February 9, 2013
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  Mobil Producing Nigeria declares Force Majeure

  Mobil Producing Nigeria, operator of the Nigerian National Petroleum Corporation, (NNPC)/MPN Joint Venture today confirms that it has declared a Force Majeure due to the difficulty in meeting projected liftings because of repair work on a section...

  • Posted February 8, 2013
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  Nigeria Stock Exchange Watch: ASI sheds 0.7% on profit taking

  Profit taking by some investors halted the seven days of bullish run in the equities segment of the Nigerian Stock Exchange. The NSE All-Share Index fell by 0.72 per cent to close at 33,219.20 points, as against...

  • Posted February 7, 2013
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