All posts tagged "headline"

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  Power generation drops by 488.7MW

  After attaining a peak of 5,074.7 megawatts on February 2, 2016, power generation in the country has lost 488.7MW within six days, dropping to 4,586MW on February 8. Similarly, energy generation fell by 774.04MW in the same...

  • Posted February 16, 2016
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  Oil revenue falls by N30bn in two months

  As global oil prices continue to fall, proceeds from the sale of Nigeria’s crude oil and gas have dropped by N30.01bn ($150.4m) in just two month, figures from the latest financial and operations report of the Nigerian...

  • Posted February 15, 2016
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  PenCom recovers N7.74bn from defaulting employers

  The National Pension Commission has recovered a total of N7.74bn from employers that have deducted pension funds from their employees but failed to remit the money to the workers’ Retirement Savings Accounts being managed by different Pension...

  • Posted February 15, 2016
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  GTBank, Etisalat, others voted best brands

  Guaranty Trust Bank Plc, Etisalat Nigeria and an initiative of the Ondo State Government have emerged as some of the top brands in this year’s edition of Consumersng Awards. The concept, put together to recognise businesses that...

  • Posted February 14, 2016
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  NECA, Ngige disagree over retrenchment in oil sector

  The Nigeria Employers’ Consultative Association on Friday said it disagreed with the directive by the Minister of Labour and Employment, Dr. Chris Ngige, asking oil and gas companies not to sack their workers. The Director-General of NECA,...

  • Posted February 14, 2016
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  Interbank rate drops after liquidity rise

  The overnight interbank lending rate eased to an average of 0.75 per cent on Friday from around three per cent midweek after the Central Bank of Nigeria let cash flow into the market from matured treasury bills,...

  • Posted February 14, 2016
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  Why FG wants multinationals in ICT sector – Shittu

  The Minister of Communications, Mr. Adebayo Shittu, on Thursday said federal government present policy in Information Communications and Technology (ICT) sector is targeted at encouraging multinationals and foreign investors to come in as players, “because Nigeria cannot...

  • Posted February 14, 2016
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  NIPEN grows assets by 15%, invests N186m

  The Nigerian Ball-Point Pen Industries (NIPEN), manufacturers of BiC pens, Premium pens, BiC shavers and other plastic products has said it was able to grow its assets by 15.9% through additional investment of N186 million in property,...

  • Posted February 14, 2016
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  Eko Disco targets 200,000 meters this year

  Eko Electricity Distribution Company Plc has said the number of smart prepaid meters supplied to its customers will reach 200,000 by the end of this year. The company, which is one of the 11 distribution companies in...

  • Posted February 12, 2016
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  MDAs spent N825bn on travels, stationery, others – FG

  The Efficiency Unit of the Federal Ministry of Finance on Wednesday said the government’s Ministries, Departments and Agencies spent a total of N825bn on travels, maintenance, local and international training, welfare and office stationery/computer consumables between 2012...

  • Posted February 12, 2016
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