All posts tagged "featured"
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Creative Industry the Next Key Hub for the Nigerian Economy
The Creative Industry has been described as the next sector that will drive the Nigerian economy. This was a compilation of presentations made by players and practitioners in the fast growing industry. Mr Obi Asika the CEO...
- Posted December 5, 2012
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Adenuga Contributes N.5bn to Bayelsa State Government Flood Relief Efforts
A dazzling sum of N500 million was donated to support the flood relief efforts of the Bayelsa State Government by the Chairman of Globacom, Dr. Mike Adenuga Jnr. While presenting the cheque to state Governor Hon. Seriake...
- Posted December 5, 2012
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Segun Oyebanji: Vice-President Sambo’s N2 billion Crib and Nigeria’s Housing Deficit
Out of a proposed N50 billion 2013 budget for the Federal Capital Territory, Vice-President Sambo’s house is expected to gulp N2 billion. It is stated in the budget that the money is for the construction of an...
- Posted December 5, 2012
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Customs to Generate N150 billion Monthly, N1.8 trillion a Year
The Comptroller General of the Nigerian Customs Service (NCS), Alhaji Dikko Abdullahi has promised that they are targeting monthly revenue N150 billion next year. Dikko made the promise at the just-concluded Comptroller-General’s Annual Conference in Katsina, which...
- Posted December 5, 2012
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ACN, others berate Jonathan over N2.2 billion party hall
Civil rights groups and the Action Congress of Nigeria condemned the President Goodluck Jonathan-led administration for approving the sum of N2.2bn for a banquet hall project for Aso Rock and borrowing N2.57tn in 18 months. They blasted...
- Posted December 5, 2012
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FG Will Hold Oil Licensing Round This Year- Alison-Madueke
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has said Nigeria continues to set its sights on holding an oil-licensing round for marginal fields prior to the end of this year. “We sincerely hope to have a...
- Posted December 5, 2012
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Starcomms To Provide Mobile Broadband Data Service
Capcom would be engaged in providing mobile broadband data services if their bid to buy over the assets and liabilities of distressed code division multiple access (CDMA) operator, Starcomms sails through, says the Capcom Chief Executive Officer,...
- Posted December 4, 2012
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Press Briefing On Measures To Resuscitatee The Capital Market By Dr Ngozi Okonjo – Iweala
Distinguished DGs and MDs of Parastatals here present, distinguished ladies and gentlemen of the Press. Many of you are aware that activity on the Nigerian Capital Market, particularly the stock exchange, has been very slow in the...
- Posted December 4, 2012
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Stock Market Forbearance: FG Makes N22.6 billion Available
The Federal Government has bailed out 84 stock brokerage firms with N22.6 billion to restore confidence in the stock market. In attempt to justify the move, Minister of Finance, Mrs. Ngozi Okonjo-Iweala, said at a press briefing...
- Posted December 4, 2012
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Pro-Corruption Government?: FG Slashes N11.7 billion from EFCC’s 2013 Budget
The Economic and Financial Crimes Commission (EFCC) might not be very effective in 2013 because the Federal Government has reduced its budget for 2013 by over N11.7 billion. This development was disclosed by the chairman of...
- Posted December 4, 2012