All posts tagged "featured"

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  Dangote Cement Posts N71 billion Profit as Sales Top N142 billion

  Dangote Cement, the prize of the Dangote Group, transmitted its first half (January to June) earnings report to the Nigerian Stock Exchange yesterday. Africa’s largest cement manufacturer declared a revenue of N142 billion in the unaudited financial...

  • Posted August 3, 2012
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  Naira Falls Third Day As Bank Sells Least Dollars In Three Weeks

  The naira fell for a third day against the dollar on the Nigerian interbank market after the central bank sold the lowest amount of U.S. currency in three weeks. The currency of Africa’s biggest oil producer retreated 0.4 percent to...

  • Posted August 2, 2012
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  Dangote Group Calls on Graduates to Seek Employment as its Truck Drivers

  The Dangote Group obviously with good intentions at heart is advertising employment opportunities for graduates in Nigeria to become its truck drivers. Many young Nigerians are a bit incensed at the scheme called the “Drivers Academy”. According...

  • Posted August 2, 2012
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  H1 2012 Earnings: UAC Posts Revenues of N30.5 billion

  UAC of Nigeria Plc, the most diversified conglomerate in Nigeria with operations in foods, beverages, dairies, restaurants, paints, logistics and real estate announces IFRS compliant results for the six months ended 30 June 2012. Commenting on the...

  • Posted August 2, 2012
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  Foreign Reserves Fall in July, as Sanusi cites Falling Oil Prices As Cause for Concern

  Depressed crude prices and other macro-economic factors have conspired to reduce the level of foreign reserves from $36.93 billion  in June to $36.43 at the tail end of July, according to data from the Central Bank of...

  • Posted August 2, 2012
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  PIB Will Boost Output – Petroleum Minister

  Nigeria’s revised oil industry bill will help increase the country’s crude output by attracting foreign investors, Petroleum Minister Diezani Alison-Madueke said today. The Petroleum Industry Bill, which was approved by the Cabinet on July 11 and presented...

  • Posted August 2, 2012
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  Flour Mills Seeks Approval to Acquire Rival

  Flour Mills of Nigeria said on Wednesday it will seek shareholders’ approval to acquire a controlling stake in privately-held food manufacturer Rom Oil Mills, as it looks to boost its market share in Africa’s most populous nation....

  • Posted August 2, 2012
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  Finance Minister is being Fiscally Responsible in Budget Implementation – Okupe

  The Senior Special Assistant to President Goodluck Jonathan on Public Affairs, Dr. Doyin Okupe, has waded into the ongoing battle between the Executive and Legislative over budget implementation. Okupe said categorically that it would be an unserious...

  • Posted August 2, 2012
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  Akingbola Set to Appeal British Court Ruling

  Erastus Akingbola, the embattled former Managing Director of Intercontinental Bank has said he will appeal the ruling made by a London High Court earlier this week which found him guilty of misappropriating over $ 1 billion. According...

  • Posted August 2, 2012
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  GTBank Security Upgrade Explains Service Disruptions

  Not a few GTBank customers are affected by service disruptions on the bank’s Internet banking platform. Complaints range from inability to complete transactions from online savings accounts to problems with third party bank transfers. As complaints trickle...

  • Posted August 1, 2012
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