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All posts tagged "headline"

  • Aliko-Dangote-1005
    Dangote’s multi-million dollar truck assembly plant to create 3,000 jobs

    Determined the tap into the opportunity provided by the scarcity of forex in the country to create jobs, foremost entrepreneur, Aliko Dangote has embarked on the establishment of multi-million dollar vehicle assembly plant project in Lagos Specifically,...

    • Posted January 18, 2017
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  • 280815F-Babatunde-Fashola
    Fashola advocates ‘undercover bosses’ for power distribution companies

    The Minister of Power, Works and Housing, Mr. Babatunde Fashola has charged the top management of the electricity distribution companies to disguise themselves as ‘undercover bosses’ and interact with their customers to find out their grievances. Speaking...

    • Posted January 18, 2017
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  • NSE-Building-Lagos
    Value of foreign investments in equities fall 51% on currency challenges

    The value of foreign portfolio investments (FBI) in the Nigerian equities market fell by 51.4 per cent between January and November 2016 following the tight foreign control policies of the Central Bank of Nigeria (CBN). Data from...

    • Posted January 17, 2017
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  • Chevron-logo-
    Appeal Court adjourns Chevron’s suit against Brittania-U on sale of oil blocks

    Exactly two and a half years after Chevron United States Inc. and others instituted an appeal against the judgment of a Federal High Court sitting in Lagos, which assumed jurisdiction to entertain a suit brought against them...

    • Posted January 17, 2017
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  • CBN Logo
    We won’t devalue Naira – CBN tells BDCs

    The Central Bank of Nigeria (CBN) has told Bureau de Change (BDC) operators it does not intend to devalue the naira and will support it at current levels, especially with a recent rise in oil prices, the...

    • Posted January 14, 2017
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  • Nigeria’s-inflationary-pressure-Lagos market
    Analysts predict slight drop in December 2016 inflation

    Analysts at FSDH Merchant Bank Limited have predicted that the December 2016 inflation rate (year-on-year) would drop marginally to 18.44 per cent from the 18.48 per cent recorded in the month of November 2016. They held the...

    • Posted January 14, 2017
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  • Buhari-and-Wang-Yi
    China plans fresh $40bn investments in Nigeria

    The Chinese Foreign Affairs Minister, Wang Yi, has disclosed plans by the Chinese government to invest up to $40b in Nigeria as part of efforts aimed at deepening relations between the two countries. The amount, which was...

    • Posted January 13, 2017
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  • ADB
    FG to sell Diaspora Bonds in March after Eurobond issue

    The federal government will issue a debut diaspora bond by March to raise funds from Nigerians abroad, after completing a $1 billion eurobond sale this month, a finance ministry source told Reuters yesterday. Nigeria is in its...

    • Posted January 13, 2017
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  • Olabintan Famutimi
    America, Nigeria ties will be stronger in years ahead – NACC

    Nigerians have been assured of a better business relationship with the United State in the years ahead. It has also been stated that a lots are being put in place to allow products from sub-Saharan African countries...

    • Posted January 13, 2017
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  • nigeria-stock-exchange-floor_nse
    Dangote Cement, GTB, Total lift stocks trading by N114bn

    The Nigerian stock market has reversed the negative trend to start the week yesterday on a positive note. Summary of trading showed the lead indicator, the All-Share Index (ASI) appreciated by 328.83 absolute points, representing a gain...

    • Posted January 11, 2017
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