All posts tagged "featured"

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  Industrial Revolution: Nigeria, Korea Set Partnership in Motion

    In a bid to encourage the development of major industries, mainly the petrochemical and automotive industries, in both countries, Nigeria and Korea have agreed on an industrial collaboration scheme.   The collaboration was sealed at the...

  • Posted October 22, 2012
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  Oil Marketer Convicted of Drug Trafficking in Saudi Arabia

    Saudi Arabian authorities convicted and imprisoned a Nigerian oil marketer of drug trafficking in August. The convicted drug trafficker, Alhaji Muideen Mustapha, is the Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN) Kwara STate chapter. Saudi Arabian authorities...

  • Posted October 22, 2012
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  UK firm to set up agro-processing equipment plant

  A United Kingdom-based firm, Alvan Blanch Development Company Limited, is to establish an agro processing equipment factory in the country. According to the Managing Director, Mr Andrew Blanch, the move would help promote durable economic growth with...

  • Posted October 20, 2012
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  Senate Summons IGP Over Controversial Frequency Band Sale

    The Senate Committee on Communications has commenced a full investigation into the contentious sale of 450 MHz Frequency Band supposedly belonging to the Police by the Nigerian Communications Commission (NCC). The Senate Committee Chairman on Communications,...

  • Posted October 20, 2012
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  Access Bank Rakes N35.1 billion Net Income after Nine Months

    Access Bank Plc transmitted its earnings to the Nigerian Stock Exchange today. The company reported gross earnings of N162.3 billion. Profit before tax was reported at N38.1 billion, a 116% growth from the N18.1 billion it...

  • Posted October 19, 2012
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  GTBank Posts N63 billion Net Income After 9 Months

  The management of Guaranty Trust Bank (GTBank) submitted their third quarter earnings report to the Nigerian Stock Exchange yesterday. GTBank, Nigeria’s largest bank by market capitalization, reported Gross Earnings of N154 billion, up 22% fro N127 billion...

  • Posted October 19, 2012
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  FG to Encourage Women farmers with 5 million phones

  The Minister of Agriculture and Rural Development, Dr Akinwumi Adesina has made known the Federal Government’s promise to provide mobile phones to Five million women farmers.   The Minister made this promise in Abuja at a forum...

  • Posted October 19, 2012
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  Debt Management Office sells N75 Billion Bonds

  The Debt Management Office (DMO) on Thursday acquired N75 billion from the sale of bonds due to mature in 2017, 2019 and 2022. The duration for the debt instruments issued was for 5 years to mature in...

  • Posted October 19, 2012
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  AFDB Promises support for Agricultural cooperatives Development

  The African Development Bank said it is devoted to supporting agricultural cooperatives in Africa to accomplish sustainable development in food security. In a statement to mark the World Food Day 2012, the World Bank maintained that, growing...

  • Posted October 19, 2012
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  World Bank lauds Oshiomole on Edo’s Transformation Agenda

    The World Bank has applauded Governor Adams Oshiomhole’s transformation agenda, people- oriented policies, transparency in government, public procurement, and good governance in Edo State for the past four years.   The bilateral institution’s approval was declared...

  • Posted October 19, 2012
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