All posts tagged "headline"

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  Air freight operations face threat

  The Chairman of National Association of Government Freight Forwarders (NAGAFF) Murtala Muhammed Airport Ikeja, Segun Musa, has warned that if the Nigerian Customs Service continues to charge exorbitant tariff on imports, air freighting business will collapse before...

  • Posted January 5, 2016
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  Oil, gas JVs gulp 86% of export revenue

  The Nigerian National Petroleum Corporation has said 86 per cent of the oil and gas receipt from January to November last year was used to fund joint ventures which it has with other oil firms. The nation’s...

  • Posted January 4, 2016
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  Pension funds to be invested in real estate

  The National Pension Commission is set to allow Pension Fund Administrators to invest the growing pension assets in the housing industry, particularly the real estate, in addition to investing it in infrastructure. As of October 2015, the...

  • Posted January 4, 2016
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  Domestic investors conceded 13.62% of trading to foreign investors in November 2015 – NSE

  As investors in the Nigerian capital market re-strategise in the new year, the Nigerian Stock Exchange has said domestic investors conceded about 13.62 per cent of trading to foreign investors in the month of November last year;...

  • Posted January 4, 2016
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  700MHz spectrum shouldn’t have been sold to MTN – NCC

  Following the controversy trailing last year’s sale of the country’s 700MHz Spectrum for N34 billion to MTN Nigeria by the National Broadcasting Commission (NBC), the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta,...

  • Posted January 4, 2016
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  NNPC to globalise recruitment, set to employ expatriates – Kachikwu

  The Minister of State for Petroleum and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu has said that expatriates would be recruited into the corporation as part of the ongoing restructuring of...

  • Posted January 3, 2016
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  Imo State woos more investors

  The newly appointed Imo Liaison Officer in Lagos, Barrister Steve Asimobi has charged members of staff of the Liaison office to join hands with the Imo State Government to attract investors to the state, so as to...

  • Posted January 3, 2016
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  High exchange rate threatens future of domestic airlines

  Industry experts have said Nigerian airlines may face a harsher operating environment if the value of the naira continues to nose-dive as paucity of dollars drives up the exchange rate. They explained that Nigerian airlines earn their...

  • Posted January 2, 2016
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  Nigerian Stock Market closes 2015 with decline of 17.4%

  The Nigerian stock market ended 2015 with its second consecutive decline as the Nigerian Stock Exchange (NSE) All-Share Index fell by 17.36 per cent to close at 28,642.25. Similarly, the market capitalisation shed N1.6 trillion to  the...

  • Posted January 2, 2016
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  UBA unveils mobile banking platform

  The United Bank for Africa (UBA) Plc has unveiled the new U-Mobile, a more advanced and user-friendly mobile banking platform than the previous one. The Divisional Head, Digital Banking, UBA, Dr. Yinka Adedeji, said the new U-Mobile...

  • Posted January 2, 2016
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