All posts tagged "headline"

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  SEC may sanction defaulting banks over E-dividends

  The Securities and Exchange Commission, SEC has said that it may sanction banks who had failed to comply with the commission’s directive on e-dividends registration charges meant to be free from December 14th, 2015 till March 14th,...

  • Posted February 7, 2016
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  We’re not indebted to AMCON – Bi-Courtney

  The Bi-Courtney Group on Friday faulted its listing on the debtors’ list of the Asset Management Corporation of Nigeria (AMCON) as published in some national newspapers. Partner, Babalakin & Co Legal Practitioners, Tolu Oshobi, debunked the claims...

  • Posted February 7, 2016
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  PPMC lauded for restoring Aba-Port Harcourt supply line

  Business Development Manager of Seafrills Energy Limited, Mr. Obafemi Ajayi has lauded the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu for expediting action that saw the restoration of the Port Harcourt-Aba supply line and moving...

  • Posted February 7, 2016
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  Budget 2016: N1.8tn investment will trigger economic turnaround – Adeosun

  The Minister of Finance, Mrs. Kemi Adeosun yesterday assured the nation and the international community that the proposed N1.8 trillion capital investments in the 2016 budget would be crucial for stimulating economic growth in the country. She...

  • Posted February 7, 2016
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  CBN extends BVN registration for Nigerians abroad

  The Central Bank of Nigeria has extended the Bank Verification Number registration exercise for Nigerians abroad from January 31 to June 30, 2016. The CBN, in a circular on Thursday, said the extension would allow Nigerian bank...

  • Posted February 6, 2016
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  Nigeria’s 2015 GDP, lowest in 15 years − Adeosun

  The Minister of Finance, Mrs Kemi Adeosun on Friday said the growth recorded by the country in the 2015 fiscal period was the lowest in the last 15 years. Nigeria’s Gross Domestic Product grew by 2.84 per...

  • Posted February 6, 2016
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  Why we sanction telecoms operators – NCC

  The Nigerian Communications Commission uses sanctions to ensure that telecommunications operators comply with regulations, guidelines and directives, the Executive Vice Chairman, NCC, Prof. Umar Danbatta, has said. Danbatta, who spoke at the first Annual Conference on Combatting...

  • Posted February 6, 2016
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  Capital Oil, Bellview Airlines, Seawolf, 217 others on AMCON’s N1.146tn debtors’ list

  In a name shame tactic that has become the norm in Nigerian financial services, the Asset Management Corporation of Nigeria (AMCON) has listed Capital Oil and Gas Industries Limited, Seawolf, the defunct Bellview Airlines, Resort International Limited,...

  • Posted February 6, 2016
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  Shell to shed 10,000 jobs, defers FID on Bonga South West Project

  As dwindling oil prices take their toll on oil industry operations, Royal Dutch Shell has announced that it will cut its global staff strength by 10,000 in 2016. It also announced in its fourth quarter of 2015...

  • Posted February 6, 2016
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  Nigerian Capital Market loses N1.63tn in January

  The Nigerian stock market lost more than N1.63 trillion in January due to profit-taking and currency volatility, statistics from the Nigerian Stock Exchange (NSE) showed on Thursday. The News Agency of Nigeria (NAN) reported that the drop...

  • Posted February 6, 2016
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