All posts tagged "headline"

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  Trading, oil & gas sectors lead list of banks’ bad debtors

  As commercial banks in the country continue to name and shame defaulting customers, THISDAY’s assessment of 16 banks which published their list of bad debtors last week, has shown that the total amount of non-performing loans (NPLs)...

  • Posted August 11, 2015
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  PH Refinery to resume production this week

  Hope for Nigeria’s less-dependent on imported petroleum products has been renewed as the Port Harcourt Refinery will this week resume full production of petrol, when Chrome Oil Services Limited would have completed the rehabilitation of Area 3,...

  • Posted August 11, 2015
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  IPMAN challenges depot’s sanction threat against marketers

  The Independent Petroleum Marketers Association of Nigeria has said it is illegal for a depot owner to sanction marketers who lift products from its tank farm. According to IPMAN, the importation of petrol into Nigeria is largely...

  • Posted August 11, 2015
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  Ghana overtakes Nigeria in yam exports

  Ghana has overtaken Nigeria in yam exportation as the quality of the produce from Nigeria has dropped due to high dependent on traditional planting system, the International Institute of Tropical Agriculture has said. The institute’s Project Manager,...

  • Posted August 11, 2015
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  Stanbic IBTC shareholders approve new dividend option

  Stanbic IBTC Holdings Plc says a proposal by the Board of Directors for shareholders to receive new ordinary shares, instead of the whole or any part of the interim dividend to be declared for the financial year...

  • Posted August 11, 2015
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  Transcorp to merge power subsidiaries

  Transnational Corporation of Nigeria Plc plans to merge its power business subsidiaries, Transcorp Ughelli Power Limited and Ughelli Power Plc. While Transcorp Ughelli Power is a wholly owned special purpose vehicle of the company, Ughelli Power Plc...

  • Posted August 11, 2015
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  Ban on foreign cash deposits creates four Forex Market segments

  The recent decision by the Central Bank of Nigeria (CBN) to proscribe the acceptance of forex cash deposits by commercial banks operating in the country has created four forex market segments. The Managing Director, Financial Derivatives Company...

  • Posted August 11, 2015
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  Stanbic IBTC, CSL, Rencap Securities top trading in 7months

  As the Nigerian capital market continues to await the economic direction of the President Muhammadu Buhari administration, the Nigerian Stock Exchange has disclosed that 10 top stockbroking firms accounted for 67.50 per cent of the value of...

  • Posted August 10, 2015
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  Experts predict tighter regulatory regime in insurance industry

  Industry experts have predicted a tough regulatory regime in the insurance sector of the economy following the appointment of Alhaji Mohammed Kari as the new Commissioner for Insurance (CFI) and Chief Executive of the National Insurance Commission...

  • Posted August 10, 2015
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  FIRS adopts new strategies to recover unpaid taxes

  As the current administration plots better ways of boosting its revenue generation through improved yields from taxation, Acting Chairman of the Federal Inland Revenue Services (FIRS), Mr. Sunday Ogungbesan,  said  his agency had decided to adopt a...

  • Posted August 10, 2015
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