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All posts tagged "headline"

  • NIS unveils online Visa-on-Arrival platform

    The Nigeria Immigration Service (NIS) has announced the introduction of a liberalised online Visa-on-Arrival (VOA) facility to the public, especially foreign investors willing to invest in Nigeria. The Comptroller-General of the NIS, Muhammad Babandede, made the announcement...

    • Posted March 25, 2017
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  • Oil prices recover marginally as OPEC, non-members meet Sunday

    Crude oil prices hovered above a four-month low on Thursday, recovering slightly from last Wednesday losses as increased United States inventories and rising global output dampened efforts by the Organisation of Petroleum Exporting Countries (OPEC) to curb...

    • Posted March 25, 2017
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  • First cargo of fertilizer arrives from Morocco – NNPC

    The first consignment of fertilizer from  Moroccon has arrived Nigeria, even as more cargoes that will fit the various blending plants are on the way, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr....

    • Posted March 24, 2017
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  • Nigeria to spend $143bn on ICT imports by 2019 – NITDA DG

    If the trend of importation of ICT products is not stopped or at least reduced to a barest minimum, Nigeria would be spending $143.8bn on ICT imports in 2019, the Director General of the National Information Technology...

    • Posted March 24, 2017
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  • Dollar now N385 at street markets, as CBN supplies $100m

    Traders in Abuja and Lagos yesterday purchased United States dollar at the rate of N385, indicating greater apprehension among dealers and speculators. The traders said the naira continues to firm up against major currencies, due to the...

    • Posted March 24, 2017
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  • NNPC shops for $15bn to build 4,000MW power plants

    The Nigerian National Petroleum Corporation (NNPC) has disclosed that it will invest about $15 billion to build thermal power plants with a combined generation capacity of 4,000 megawatts (MW) across the country over the next 10 years....

    • Posted March 23, 2017
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  • CBN keeps rates on hold, sees Naira rate improving

    The Central Bank of Nigeria (CBN) kept the main interest rate at 14 percent as expected on Tuesday and pledged to close the gap between the official and black market exchange rate. CBN governor Godwin Emefiele said...

    • Posted March 22, 2017
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  • Customs service announces code number for vehicle duty clearance verification

    The Comptroller-General of Customs, retired Col. Hameed Ali, on Tuesday announced a code number for efficient and effective vehicle duty clearance verification. Ali disclosed this at a media stakeholders meeting in Abuja. Ali said that the essence...

    • Posted March 22, 2017
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  • Keystone Bank get new owners

    The Asset Management Corporation of Nigeria (AMCON) has sold Keystone Bank Limited, the last of the three nationalized banks to a consortium of local investors; Sigma Golf Nigeria Limited and Riverbank Investment Resources Limited. This is coming...

    • Posted March 22, 2017
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  • Atedo Peterside resigns from Stanbic IBTC board

    The Chairman of Stanbic IBTC Plc , Mr. Atedo Peterside, Tuesday announced his resignation from the board of the bank after serving for 10 years. In a message to the board, Peterside, who set up IBTC at...

    • Posted March 22, 2017
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