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All posts tagged "headline"

  • 2016 budget will encourage economic diversification – Buhari

    President Muhammadu Buhari on Monday promised that the 2016 budget being prepared by his administration would be specially designed to encourage the diversification of the nation’s economy. He said new policies and measures that would move the...

    • Posted October 7, 2015
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  • NSE moves to ensure cordial brokers/ sub-brokers relationship

    The Nigerian Stock Exchange (NSE) has made moves to facilitate an agreement between dealing member firms(stockbrokers), and Sub-brokers that will foster good working relationship and enhance   smooth securities transactions in the Nigerian capital market. The NSE last...

    • Posted October 7, 2015
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  • Nigerian Gas and Steel decries capital flight on importation

    Nigerian Gas and Steel (NGSL) Limited has decried the increasing capital flight on importation of steel pipes by Nigerians and restated its commitment to save the huge capital flight for the country’s economic growth. Managing Director of...

    • Posted October 7, 2015
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  • Shell to add 50,000bpd to Nigeria’s oil production

    Shell Nigeria Exploration and Production Company Limited on Monday announced the commencement of production from the Bonga Phase 3 project. The Bonga Phase 3 is an expansion of the Bonga main development, with peak production expected to...

    • Posted October 7, 2015
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  • CBN may ease forex controls as demand drops

    The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, says he will consider easing restrictions on currency trading if demand for foreign exchange drops further. Emefiele told delegates at a conference on Africa hosted by the Financial...

    • Posted October 7, 2015
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  • Nigeria lost N757bn to others in Q1 – World Bank

    Nigeria lost about N757.44bn in transactions with other countries in the first quarter of the year, the World Bank has said. The bank said this in a report, Africa Pulse, which was released in Washington after a...

    • Posted October 7, 2015
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  • Ikeja Electric to install 10,000 meters monthly

    Following the completion of the pilot scheme of the advanced meter installation phase, which began in June, the Ikeja Electric has announced plans to commence the second phase of the project, which will lead to the monthly...

    • Posted October 7, 2015
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  • Access Bank bags Women Market Champion Award

    Access Bank Plc has received the Global Banking Alliance for Women Market Champion 2015 Award. A statement from the bank also restated that its ‘W’ awards seek to recognise and celebrate Nigerian women at home and in...

    • Posted October 7, 2015
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  • Nigerian Ports operation drops to 40%

    Activities at the nation’s seaports have reduced significantly to about 40 percent, THISDAY investigations have revealed. Since the federal government’s economic reforms, which led to the concession of the nation’s seaports during the Olusegun Obasanjo’s administration in...

    • Posted October 6, 2015
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  • Nigerian banks heading for another credit crisis – Citigroup warns

    Nigerian banks are on the verge of another credit crisis, Citigroup’s Head of Frontier Market Banks and Research, Josh Levin has warned, citing what he described as deteriorating macro conditions in the country. The economic analyst, in...

    • Posted October 6, 2015
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