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All posts tagged "featured"

  • PFAs invest N1.7bn in infrastructure

    The total funds invested by operators of the Contributory Pension Scheme in infrastructure have risen to N1.7bn. Statistics obtained by our correspondent also showed that the total pension assets under management of the operators in July 2016...

    • Posted September 5, 2016
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  • Power plants lose 1,552MW

    More than six months after the nation’s electricity generation dropped below 3,000 megawatts, output from the power plants is still 1,552MW lower than the peak achieved in February. Power generation stood at 3,523.10MW as of 6am on...

    • Posted September 5, 2016
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  • Embrace mushroom farming – NEPC advises Nigerians

    The Nigerian Export Promotion Council has advised Nigerians to embrace mushroom farming to boost food production in the country and to boost foreign exchange earnings as the nation goes into economic recession. The Trade Promotion Advisor of...

    • Posted September 4, 2016
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  • Oil workers threaten strike over agreement with firms

    The Petroleum and Natural Gas Senior Staff Association of Nigeria, on Friday, threatened to resume its suspended strike if the Federal Government refused to enforce the implementation of an agreement reached with the association. PENGASSAN said it...

    • Posted September 4, 2016
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  • NSC flays terminal operators’ resistance to regulation

    The Executive Secretary of the Nigerian Shippers Council (NSC), Mr. Hassan Bello has flayed the resistance of terminal operators to abide by regulations in the nation’s seaports. NSC is presently the economic regulator in the nation’s seaports...

    • Posted September 4, 2016
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  • 2016 budget may not achieve target – Fashola

    The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has warned that the Federal Government’s aim of achieving inclusion and employment, through the N6.6tn 2016 budget  may be elusive; and that the people targeted  may not...

    • Posted September 4, 2016
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  • Non-oil sector growth looks positive amid Q2 decline

    Nigeria’s Gross Domestic Product has contracted by 2.1 per cent in the second quarter of 2016, according to data from the National Bureau of Statistics. However, seven activities in the non-oil sector recorded positive growth. The activities...

    • Posted September 3, 2016
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  • Stock market grows by N282bn as economy recedes

    The Nigerian Stock Exchange’s market capitalisation recorded a growth of N282bn at the close of trading on Thursday, one day into the country’s economic recession. A total of 25 stocks appreciated in price, while 13 recorded price...

    • Posted September 3, 2016
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  • FG intercepts N10bn pirated products

    The Federal Government has said that it intercepted and seized products worth N10.3bn that had been pirated, between January 2011 and August 2016. The Director General of Nigerian Copyright Commission, Mr. Afam Ezekude, who disclosed this at...

    • Posted September 3, 2016
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  • FG signs $5.1bn rail contracts with Chinese firm

    The Federal Government has signed two contracts valued at $5.1bn with the China Civil Engineering Construction Corporation for the construction and modernisation of rail lines in different parts of the country. According to the Federal Ministry of...

    • Posted September 3, 2016
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