All posts tagged "headline"

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  N2.19bn lost to payment fraud in 2016 – Report

  The electronic payment space transaction fraud rose by 82 percent in 2016 with an estimated N2.19 billion lost to cyber criminals. This is contained in the Nigeria Electronic Fraud Forum (NeFF) annual report 2016 released yesterday. The...

  • Posted June 1, 2017
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  High dividend payouts fail to attract more investors to capital market

  Attempts by quoted companies to woo investors with high dividend payouts have not yielded the desired result, as capital market investors blame investment apathy and illiquidity for the poor performance and low share prices and market capitalisation...

  • Posted May 31, 2017
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  35 electricity turbines down in 15 GenCos

  About 2,514mw of electricity cannot be utilised due to 35 idle generation turbines across 15 Generation Companies (GenCos), even as the national grid peaked at 4,464 megawatts (mw) last Sunday shortly before the Democracy Day celebration. The...

  • Posted May 31, 2017
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  Dangote to spend $1bn on rice project

  The Dangote Group has disclosed it is investing $1bn on rice cultivation in five states to boost food self-sufficiency. To mark its day at the just concluded Gateway Fair, which held in Abeokuta, Ogun State, Dangote Cement,...

  • Posted May 31, 2017
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  Vehicle owners task Kachikwu on completion of refineries

  The National President of Vehicle Owners Association of Nigeria (VOAN), Odo Vincent Okoko, has said the Minister of State for Petroleum Resources, Ibe Kachikwu, has a clear agenda to deliver on the completion of refineries in the...

  • Posted May 30, 2017
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  Banks contribute N981bn to AMCON’s sinking fund since inception – MD

  The Asset Management Corporation of Nigeria (AMCON) has said  that the banks have so far contributed N931bn to the sinking fund since inception. The Managing Director of AMCON, Ahmed Kuru,who  disclosed this in Lagos also added that...

  • Posted May 30, 2017
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  Oil price fall not a threat for now – OPEC

  The fall of crude oil price in the international market after the decision by the Organisation of Petroleum Exporting Countries (OPEC) to continue with its production cut till March next year is not a major concern for...

  • Posted May 30, 2017
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  FAAN debunks recruitment rumour

  The Management of the Federal Airports Authority of Nigeria (FAAN) has refuted a rumour going round that the Authority is presently recruiting into her staff fold. The Acting General Manager, Corporate Affairs, Mrs Yakubu Henrietta, who dispelled...

  • Posted May 30, 2017
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  FG receives N1.2bn housing loan for workers

  The Executive Secretary Federal Government Staff Housing Loans Board (FGSHLB) Dr Hannatu Adamu Fika has confirmed the receipt of about N1.2bn from the Federal Mortgage Bank (FMBN) for federal public workers to renovate their houses. Mrs Fika...

  • Posted May 28, 2017
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  FG will improve power, infrastructure before 2019 – Osinbajo

  Acting President Yemi Osinbajo has said the Federal Government will improve power and infrastructure, create enabling environment as well as create more employment opportunities for the youths before 2019. Speaking at the Lagos chamber of commerce and...

  • Posted May 27, 2017
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