All posts tagged "featured"

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  Auditor-General to Spend N180 million on Cars

  The Auditor General’s office has requested for N180 million to acquire a Toyota Camry and 18 Toyota Hilux vans.   The breakdown of the 2013 budget have shown that the Auditor General of the Federation (AGF) will...

  • Posted October 19, 2012
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  House of the Week: Astonishing N225m five-bedroom two-storey duplex for sale in Ikoyi

  A stunning two storey duplex in 3 Oroke Drive, Ikoyi, Lagos, has come up for sale for a wallet-busting N225million. The house comes complete with an exclusive 2 person jacuzzi in the master bedroom. It also boasts...

  • Posted October 19, 2012
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  Nigerian Stock Exhcange Watch: ASI (+0.28%), Market Capitalization at US$55 billion

  The All Share Index appreciated by 28 basis points on the bank of moderate demand for banking sub-sector participants. Positive price appreciation visited the likes of Union Bank (+5.4%), Skye (+3.75%), Diamond (+1.4%), UBA (+1.52%) and Stanbic...

  • Posted October 18, 2012
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  Naira Weakens on Dollar Demand After Inflation Slows

  The naira declined after the country’s inflation slowed to a nine-month low and on speculation importers demanded more dollars for transactions. The currency of Africa’s largest oil producer slipped 0.2 percent to 157.525 per dollar as of 1:48...

  • Posted October 18, 2012
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  Inflation Falls to 11.3% in September

  The Consumer Price Index fell to 11.3% in September, the lowest this year, as the impact of the fuel increase in January begins to subside. According to a report from the National Bureau of Statistics, “In September...

  • Posted October 18, 2012
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  Stakeholders Troubled over the Fate of Privatized PHCN Firms

  Troubled Stakeholders have called on the Bureau of Public Enterprises (BPE) and the National Council on Privatisation (NCP) to make sure that bidders who came out as winners of the privatisation process in the power sector are...

  • Posted October 18, 2012
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  Over Reliance on oil Responsible for Unemployment

  Over reliance on crude oil is said to be the cause of unemployment, poverty, kidnapping, militancy, and terrorism in the country. The declaration was made by the Chief Executive Officer, Koinonia Ventures Limited Femi Boyede, he said,...

  • Posted October 18, 2012
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  Pension Funds to hit N3 trillion by Year End

    Pension funds assets in the country are expected to hit N3 trillion by the end of the year. The funds currently stand at N2.94 trillion under the contributory pension scheme. Director-General of the National Pension Commission, Muhammad...

  • Posted October 18, 2012
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  Asset Manager Docked Over Alleged N41m Theft

  Mrs. Ibukun Adebayo Adedayo, a 30-year-old nursing mother, a stockbroker/asset manager, and a medical doctor, has been accused of stealing N41 million and brought forward by the Economic and Financial Crimes Commission, EFCC before an Ikeja High Court....

  • Posted October 18, 2012
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  GTBANK’S ONLINE CHANNELS RECEIVE INTERNATIONAL CERTIFICATION

    (Lagos, Nigeria) The integrity of Guaranty Trust Bank’s alternative banking channels received a boost recently with the Bank’s receipt of the Payment Card Industry Data Security Standard certification (PCIDSS).   PCIDSS certification is a worldwide security standard...

  • Posted October 17, 2012
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