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All posts tagged "featured"

  • FG should explain to Nigerians how it squandered $67bn – Ezekwesili

    Former vice president of the World Bank, Dr. Oby Ezekwesili has alleged that the Umaru Yar’Adua and President Goodluck Jonathan administrations squandered the $45bn that was left in the foreign reserves account and the $22bn left in...

    • Posted January 25, 2013
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  • NNPC pipeline explodes again at Arepo

    Just less than a week after the Nigerian National Petroleum Corporation (NNPC) conducted repairs on a damaged pipeline in Arepo village, Ogun State owing to nefarious activities of some vandals, another explosion has hit the sensitive supply...

    • Posted January 24, 2013
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  • Reps investigate N275b Customs contract

    The House of Representatives has inaugurated a committee to probe the N275billion Destination Inspection Scheme (DIS) between the Nigerian Customs Service (NCS) and the Ministry of Finance. Earlier, the house expressed serious concern about the implementation, management,...

    • Posted January 24, 2013
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  • CBN introduces KYC Requirements for banks, sets new deposit limit for account holders

    The Central Bank of Nigeria (CBN) has introduced new deposit limits for account holders, which affects all categories of accounts and has also introduced three-tier Know Your Customer (KYC) requirements for banks. The new policy sets N20,...

    • Posted January 24, 2013
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  • Federal Government restates commitment to developing Nigerian Content Act

    With a determination to drive socioeconomic development in the Nation, the Federal Government has pledged to ensure that the policies in the lucrative Petroleum Sector is geared towards enhancing the capacity of Indigenous participation in the production...

    • Posted January 24, 2013
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  • Equity Market Crosses N10 trillion Market Capitalization

    The Nigerian Stock Exchange crossed the N10 trillion mark in Wednesday’s trading session. The performance of the bourse is off to a remarkable start this 2013, mostly due to bullish performance by consumer goods stocks, cement stocks...

    • Posted January 24, 2013
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  • International Finance Corporation To List $50 million Naija Bonds On NSE

    The International Finance Corporation has announced innovative plans to launch $50 million/N8 billion worth of bonds and list them on the Nigerian Stock Exchange (NSE). The initiative was announced by the  Vice President and Treasurer, IFC, Mr. Jingdong...

    • Posted January 24, 2013
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  • NSE Seeks Advisers To Promote ASeM Listings

    The management of the Nigerian Stock Exchange in a bid to boost listings on the Alternative Securities Market (ASeM), has called upon the registered dealing member firms to advise companies on getting listed on the ASeM. The...

    • Posted January 23, 2013
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  • SMEs Need More Encouragement From Capital Market Regulators – Omatek Boss

    Small and Medium Enterprises operating in the country believe that the capital market regulators comprising of the Securities and Exchange Commission (SEC) and the management of the Nigerian Stock Exchange (NSE) can do more to encourage SMEs....

    • Posted January 23, 2013
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  • FG set to hand over ALSCON to BFI Group

    After the Supreme Court ruled in favour of the BFI Group, the Nigerian-American consortium, the Federal government has started processing documents to handover the Aluminium Smelter Company of Nigeria (ALSCON) to the BFI Group. The Supreme Court...

    • Posted January 23, 2013
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