All posts tagged "headline"

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  NSE emerges top African regulator

  The Nigerian Stock Exchange has been named the African Regulator of The Year at the 6th African Business Leadership Forum and Awards, the Exchange said on Monday. The Chief Executive Officer, NSE, Mr. Oscar Onyema, was also...

  • Posted July 29, 2015
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  BVN: NIBSS partners foreign firm for Nigerians abroad

  The Nigeria Inter-Bank Settlement System Plc says it has collaborated with a foreign company, Online Integrated Solutions, to enable it carry out a biometric registration of Nigerians in the Diaspora. The Managing Director, NIBSS, Mr. Ade Shonubi,...

  • Posted July 29, 2015
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  States to repay bailout loans from allocations

  The bailout package being prepared by the Central Bank of Nigeria for the 36 states of the federation is to be deducted from their statutory allocations, findings have revealed. Investigations on Monday revealed that some state governors...

  • Posted July 29, 2015
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  WACOT: Nigeria gets $32m non-oil revenue from sesame export

  The General Manager, West African Cotton Company Limited (WACOT) Pankaj Chawla, said ‎Nigeria has non-oil revenue of $320 million from exports of sesame, representing 10 per cent of the total sum of $3.2 billion global trade of...

  • Posted July 29, 2015
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• Abuja Rail Project is now 67% completed – FCTA

  The Federal Capital City Administration (FCTA) has said that in order to redress the traffic problems in and around Abuja, it has redoubled efforts to actualise the ongoing multi-billion Naira Abuja Light Rail Project, which is 67...

  • Posted July 28, 2015
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  NERC waits on Buhari to end geometric’s lease dispute

  The Nigerian Electricity Regulatory Commission (NERC) yesterday said the long drawn disputes over the 20-year lease granted to Geometric Power Aba Limited to generate, transmit and distribute electricity in the Aba and Ariaria business districts of the...

  • Posted July 28, 2015
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  Nigeria’s debt now N12.12tn – DMO

  Nigeria’s total debt stock now stands at N12.12tn ($63.81bn), the Debt Management Office has said. Statistics obtained from the organisation on Sunday showed that the domestic debt stock of the Federal Government as of June 30 stood...

  • Posted July 28, 2015
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  Contractors abandon FCT projects over N112bn debt

  Contractors handling projects in the Federal Capital Territory (FCT) have withdrawn their services following the inability of the FCT administration to settle the nearly N112 billion debt owed them, THISDAY investigations have revealed. It was gathered that...

  • Posted July 28, 2015
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  Banks increase provisioning for bad loans in first half results

  Banks have increased their provisioning for bad loans for the first half (H1) ended June 30, 2015 as a proactive measure given the headwinds in the banking sector and economy generally. THISDAY checks revealed that all the...

  • Posted July 28, 2015
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  Stakeholders accuse telcos of underutilising $600bn 3G spectrum

  Stakeholders in the telecommunications sector have accused telecoms companies of underutilising the $600bn 3G spectrum. The stakeholders, who also include subscribers, stated that the underutilisation of the 3G spectrum by the telcos was the reason for the...

  • Posted July 28, 2015
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