All posts tagged "headline"

• Economy already in recession – TUC tells CBN Governor

  The Trade Union Congress has faulted the position of the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on the state of the nation’s economy. Emefiele had warned that the economy was at risk of...

  • Posted September 29, 2015
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  NSE committed to sustainable, inclusive economy – Onyema

  The Nigerian Stock Exchange has reiterated its commitment to providing a platform for sustainable growth and development in the African economy. The NSE’s Chief Executive Officer, Mr. Oscar Onyema, said this after the Exchange received the ‘Best...

  • Posted September 29, 2015
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  Zero budgeting policy may render some MDAs redundant in 2016

  There are indications that the new zero-budgeting policy of the present administration may render several ministries, departments and agencies of government (MDAs) idle in 2016 as they could be denied of capital votes for project implementation. It...

  • Posted September 28, 2015
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  Honeywell holds AGM, posts N1.4bn profit

  Honeywell Flour Mills Plc, a market leader in the Nigerian food industry, is set to hold its 6th Annual General Meeting (AGM) on  September 29 for the financial year ended March 31, 2015. Speaking ahead of the...

  • Posted September 28, 2015
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  Small firms may secure loans with vehicles, bikes

  Some movable assets, including motor vehicles and bikes, may soon be approved as eligible loan collateral for Micro, Small and Medium Enterprises in Nigeria, investigation has shown. This comes with the establishment of a national collateral registry...

  • Posted September 28, 2015
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  Roads, power to benefit from N4.9tn pension funds

  The Contributory Pension Scheme operators are considering investing part of the growing pension funds in long-term projects because most of the contributors are young workers who may not need their money very soon, investigation has revealed. The...

  • Posted September 28, 2015
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  NNPC explores alternative funding to pay $6bn arrears of JV cash calls

  The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu has said the corporation had started to explore alternative funding models to pay the outstanding arrears of its obligations to the joint...

  • Posted September 27, 2015
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  Shell hosts Global Summit, wants experts in Disapora back home

  At the just concluded summit organised by Shell Nigeria Exploration and Production Company of Nigeria Ltd (SNEPCo) in Aberdeen, a call was made to players in the Oil&Gas sector to return back to the country in order...

  • Posted September 27, 2015
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  Fitch affirms Nigeria’s ‘BB-‘ Ratings assigns Nigeria negative outlook

  Fitch Ratings has affirmed Nigeria’s long-term foreign and local currency Issuer Default Rating (IDRs) at ‘BB-‘ and ‘BB’ respectively. However, the global ratings agency stated that its outlook on Nigeria’s long-term IDRs are Negative, as against the...

  • Posted September 27, 2015
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  Nigeria’s oil export hits lowest level in June

  Export of the nation’s crude oil fell by 14.6 per cent in June to 58.62 million barrels, the lowest level so far this year, the latest monthly report from the Nigerian National Petroleum Corporation has shown. In...

  • Posted September 27, 2015
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