All posts tagged "headline"
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Investors count losses as bears consolidate hold on market
Investors continue to count losses at the stock market as the bearish trend persisted for the third day running. The market had ended 2015 with a decline of 17. 3 per cent and when it was expected...
- Posted January 8, 2016
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NCC moves to resuscitate CDMA operations
The Nigerian Communications Commission (NCC) may have hearkened to persistent calls to revitalise the country’s Code Division Multiple Access (CDMA) operations, as the agency’s Executive Vice Chairman, Prof. Umar Danbatta has promised attractive incentives that will encourage...
- Posted January 8, 2016
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IMF to help Nigeria trace looted funds
The Managing Director of the International Monetary Fund, Christine Lagarde, said on Tuesday in Abuja that the organisation was willing to assist the Federal Government of Nigeria in plugging revenue leakages, tracing stolen funds and restructuring the...
- Posted January 7, 2016
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Marketers must sell petrol at N86.50 – TUC, NUPENG
The Trade Union Congress of Nigeria and the Nigeria Union of Petroleum and Natural Gas Workers have stressed the need for strict compliance with the new pump price of Premium Motor Spirit, also known as petrol, as...
- Posted January 7, 2016
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Ooni promises jobs for 40,000 youths through agriculture
The Ooni of Ife, Oba Adeyeye Ogunwusi, has acquired 30 square miles of land in Ile Ife for cocoa, oil palm and rubber plantation. The monarch stated that the agricultural investment would create jobs for no fewer...
- Posted January 7, 2016
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CBN’s forex policy gets backing
President Muhammadu Buhari and two leading Nigerian economists have endorsed the Central Bank of Nigeria (CBN) foreign exchange management policy, just as local manufacturers have applauded the policy. This is coming on the heels of strong criticism...
- Posted January 7, 2016
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Anga becomes NSE Investors’ Protection Fund chairman
The Nigerian Stock Exchange (NSE) on Tuesday announced the appointment of Mr. Fubura Anga as the chairman of the Board of Trustees of its Investors’ Protection Fund . According to the NSE, the appointment of Anga follows...
- Posted January 7, 2016
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Total COT eradication to weigh on banks’ non-interest income
The complete phase-out of commission on turnover (COT) from the Nigerian banking industry, which began on Monday, is expected to negatively affect banks’ non-interest income this year. The Central Bank of Nigeria (CBN) had in a 2013...
- Posted January 7, 2016
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Bosch, UNIDO collaborate to boost cassava production
Bosch, a global supplier of technology and services partnered United Nations Industrial Development Organisation (UNIDO) recently to organise a stakeholders consultative meeting in Lagos with farmers to discuss the prospect, challenges and marketing widows of cassava production...
- Posted January 7, 2016
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Stakeholders condemn NLC’s opposition to petrol subsidy removal
Operators in the oil and gas sector have condemned the continued opposition of the Nigeria Labour Congress to the removal of petrol subsidy by the Federal Government. According to them, the removal of subsidy on petrol by...
- Posted January 6, 2016