All posts tagged "headline"
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Oando sustains recovery, leads price gainers
Oando Plc on Monday sustained its bull run at the stock market, gaining the maximum daily 10 per cent to close at N8.50 per share, up from N7.72. The equity had last week appreciated by 28.5 per...
- Posted November 11, 2015
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AMCON to sell Zenon, Acorn, Aquitaine assets
A total of 32 petroleum product storage tanks worth several billions of naira have been put up for sale by the Asset Management Corporation of Nigeria, the agency created by the Federal Government to absorb bad loans...
- Posted November 11, 2015
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BVN: BDCs now comply with Forex limits
The implementation of the use of the Bank Verification Number (BVN) as a requisite for the purchase of foreign currency from the Bureau De Change (BDC) segment of the market may have compelled the operators to comply...
- Posted November 11, 2015
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Ongoing reforms in NNPC anchored on NEITI Audit Reports
The Nigeria Extractive Industries Transparency Initiative (NEITI) has described its yearly investigative reports on the activities of operators in Nigeria’s oil and gas industry as the dominant document with which the federal government is restructuring business and...
- Posted November 11, 2015
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BoI’s boosts cables manufacturing by 30,000 tonnes
Having aided the realisation of a local production capacity of about 30,000 metric tonnes in wires and cables in the country, the Bank of Industry (BoI) has emphasised the need for businesses to be innovative and effective...
- Posted November 11, 2015
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14 stocks delight investors amidst rampaging bears
It is not all gloom at the Nigerian stock market as THISDAY checks have revealed that some stocks still boast of positive year-date-return despite the bearish trend in the market. Investors in about 14 stocks have booked ...
- Posted November 10, 2015
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Total flaws DPR’s closure of Ibafon Depot, restates integrity
Total Nigeria Plc has faulted the (DPR) over last Thursday’s closure of its Ibafon Depot based on an allegation that it was hoarding petrol due to the absence of loading at the time of it visit to...
- Posted November 10, 2015
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FG, states, LGs record N1.32tn shortfall in allocations
The persistent drop in the prices of crude oil in the international market has impacted negatively on allocations to the three tiers of government, with statutory allocations recording a shortfall of N1.32tn in the last one year....
- Posted November 10, 2015
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Oil companies cut 120,000 jobs
As a result of the continued fall in oil prices, Nigeria’s oil and gas companies have cut about 120,000 direct and indirect jobs, the immediate past National Industrial Relations Officer, Petroleum and Natural Gas Senior Staff Association...
- Posted November 10, 2015
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Shell considers ethanol cook stoves for Nigeria
Shell Nigeria Exploration and Production Company has signed an agreement with Project Gaia Prospects Limited for the conduct of a pilot study on the use of ethanol cook stoves in Nigeria, said to be a cleaner and...
- Posted November 10, 2015