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All posts tagged "featured"

  • Oil Benchmark: “Adopt $80 or Resign” – Lawmakers to Okonjo Iweala

      Nigeria’s lawmakers, despite having no valid economic principles on which to base the call for the hike in the oil benchmark in the 2013 budget, have asked the Finance Minister and by extension the Presidency not...

    • Posted October 16, 2012
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  • Federal Court Denies Capital Oil Boss, Ifeanyi Uba, Others, Bail

      Embattled CEO of Capital Oil and Gas, Ifeanyi Ubah, has again been denied a bail application by a Federal High Court sitting in Lagos. The denial was also denied some of his company’s senior executives namely Nsikan...

    • Posted October 16, 2012
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  • Nigerian Stock Exchange Watch: ASI (-0.77%) Sheds Weight as YTD Performace Hovers at +30%

      The All Share Index shed 77 basis points in today’s trading as it commenced the week on a bearish note. As expected, the selling pressure on Diamond which started towards the tail end of the previous...

    • Posted October 15, 2012
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  • AsktheLawyerOnline Founder, Aronke Omame, Talks Digital Law Libraries

      The legal profession in Nigeria is viewed as one of the most prestigious career paths; however it is very traditional in practice.  The internet is a modern platform and departs from the norm. What was the...

    • Posted October 15, 2012
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  • Ijebu based NGO hands out N12bn to Women

      The Justice, Peace, and Development Commission (JPDC), a nongovernmental organisation wing of the Ijebu Catholic Dioceses has given out over N12bn spinning loans to 100,000 beneficiaries.   The Scheme, which has empowered about 100,000 beneficiaries, who...

    • Posted October 15, 2012
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  • Finance Minister Says Expect More Foreign Debts

    Nigeria’s foreign debt is swelling as the Federal Government plans to borrow more from international financing agencies to fund infrastructure development.   The Minister of Finance, Dr Ngozi Okonjo-Iweala made this disclosure in Tokyo yesterday, she said...

    • Posted October 15, 2012
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  • Law, Union & Rock Records 4% Growth in Premium Income

      Law Union and Rock Insurance Plc have confirmed a 4 per cent premium income increase, which translates to N4.20 billion made in 2011.   This was disclosed by the chairperson of the company, Princess Adenike Adeniran...

    • Posted October 15, 2012
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  • Minimum Wage: Labour Threatens Defaulting Governors

      Labour has advised Governors who are yet to implement the new national minimum wage of N18, 000 to do so or face the consequences.   The Nigeria Labour Congress (NLC) Deputy President Comrade Promise Adewusi said...

    • Posted October 15, 2012
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  • FG, PHCN workers Renew N250 billion Pension Row

    The controversial issue of pension and gratuity for the Power Holding Company of Nigeria (PHCN) workers has come to the forefront again even as the Federal Government and PHCN workers may resume negotiations next week.  Both the...

    • Posted October 15, 2012
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  • Forex Sales to Bureau de Change to Stop – Sanusi

    The Central Bank of Nigeria has indicated that it would soon stop selling foreign exchange to Bureau de Change operators in the country, stating that the informal market was primarily used as a conduit for politicians and others who...

    • Posted October 15, 2012
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