All posts tagged "headline"
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States delaying N338bn bailout – CBN
The Central Bank of Nigeria has said states yet to receive their shares of the N338bn bailout for the payment of workers’ outstanding salaries are responsible for the delay. The CBN said it would approve the release...
- Posted September 4, 2015
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Nigeria’s non-oil export nose-dived in 2014 – NEPC
Notwithstanding the clamour for the diversification of the Nigerian economy, the Nigerian Export Promotion Council (NEPC), on Wednesday said the country’s export nose-dived in 2014 as against predictions. Speaking at a forum for Strategic Agricultural Commodities, Executive...
- Posted September 4, 2015
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Nasarawa to get $1billion investment from China
The Chinese government has given indications of plans to invest $1 billion in Nasarawa State in the next five years through an investment firm, Tongyi Group, as part of its strategic partnership to enhance trade and commerce...
- Posted September 4, 2015
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Crude exports from Nigeria, others to Asia drop
Crude oil exports to Asia from Nigeria and other West African countries are set to fall to 1.68 million barrels per day in September, their lowest since August 2014, according to shipping data and a survey provided...
- Posted September 4, 2015
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‘FG won’t ban tokunbo vehicles’ – Jalal
The Director General, National Automotive Design and Development Council, Alhaji Aminu Jalal, said on Wednesday in Kaduna that the Federal Government had no plan to ban the importation of fairly used vehicles, otherwise known as tokumbo into...
- Posted September 4, 2015
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AfDB expands African bond index
The African Development Bank on Wednesday said it had expanded its bond index as part of its commitment to bringing transparency to most liquid African bond markets. The expansion will see Botswana and Namibia joining the AfDB...
- Posted September 4, 2015
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CBN puts MSME financing gap at N9.6tn
The Central Bank of Nigeria has put the funding gap for the Micro, Small and Medium Enterprises sector at N9.6tn. The Assistant Director, Development Finance Department, Mr. Jonathan Tobin, gave the figure while speaking at the MSME...
- Posted September 4, 2015
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PENCOM: Law enforcement agents to go after defaulters
The Director-General of the National Pension Commission (PENCOM), Mrs. Chinelo Anohu-Amazu, has said the commission will send law enforcement agents to prosecute employers who deduct the contributory pension from their employees’ salaries but refuse to remit the...
- Posted September 4, 2015
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AfDB chief, Adesina pledges to address power shortages
The African Development Bank will focus in coming years on tackling Africa’s chronic power shortages to try to unlock its economic potential and end its vulnerability to fluctuations in commodity prices, its new President, Mr. Akinwumi Adesina,...
- Posted September 3, 2015
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Dangote supports Kogi with N160m skills centre
In order to bridge the technical skills gap in the country, the pan-African conglomerate, Dangote Group, has constructed an automation skills development centre valued at N160m in Lokoja, Kogi State. In a statement on Tuesday, its President,...
- Posted September 3, 2015