All posts tagged "headline"

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  Unemployment rate rose to 7.5% in Q1 – NBS

  The National Bureau of Statistics on Sunday released the country’s labour statistics report for the first quarter of this year, stating that the unemployment rate had increased from 6.4 per cent at the end of the fourth...

  • Posted June 9, 2015
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  Dangote to expand Ethiopian cement plant

  The President, Dangote Group, Alhaji Aliko Dangote, has said that plans are afoot to double the capacity of the newly opened 2.5 million-metric-tonne per annum cement plant in Ethiopia. Dangote, who stated this at the inauguration of...

  • Posted June 9, 2015
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  JPMorgan may eject Nigeria from Key Bond Index by December

  JPMorgan will eject Nigeria from its Government Bond Index (GBI-EM) by the year-end unless the country restores liquidity to its currency market in a way that will allow foreign investors tracking the benchmark to transact with minimal...

  • Posted June 9, 2015
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  NNPC oil swaps: Taleveras says it was not asked to refund $115m

  Oil and gas trading firm, Taleveras Petroleum Trading BV, has provided clarification on its involvement in the crude for petroleum products exchange agreement, better known as crude oil swaps, with the Nigerian National Petroleum Corporation (NNPC). In...

  • Posted June 9, 2015
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  FG considers revenue enhancing options with depressed taxes from oil

  With the income accruable to the federal government from petroleum taxes dropping to its lowest level in the past 15 years, THISDAY has learnt that the new administration of President Muhammadu Buhari may be facing tough funding...

  • Posted June 9, 2015
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  Mutual Benefits, others bag African insurers’ awards

  mutual Benefits Assurance Plc has been named the best innovative insurance company in Africa by the African Insurers Organisation. Two other African insurance companies were nominated for the same award at the 42nd AIO summit, which took...

  • Posted June 9, 2015
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  Sustainable practices: CBN considers incentives for banks

  The Central Bank of Nigeria is working on a set of incentives for banks in the country to imbibe sustainable banking practices. The Special Adviser to the CBN Governor on Sustainable Banking, Dr. Aisha Mahmood, revealed this...

  • Posted June 9, 2015
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  Why we bought Mainstreet Bank – Skye Bank GMD

  The Group Managing Director, Skye Bank Plc, Mr. Timothy Oguntayo, said the lender bought Mainstreet Bank Limited to tap opportunities in retail banking across the country. Oguntayo, who stated this at a pre-Annual General Meeting press conference...

  • Posted June 9, 2015
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  Skye Bank appoints four Executive Directors

  The Board of Directors of Skye Bank Plc last week announced the elevation and appointments of four new executive directors to the board. A statement from the bank described the development as “part of the overall efforts...

  • Posted June 8, 2015
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  Stanbic IBTC, Rencap Securites, CSL Stockbrokers top brokers performance in 5 months

  The Nigerian Stock Exchange (NSE) has named Stanbic IBTC Stockbrokers Limited, Rencap Securities and CSL Stockbrokers Limited as the three top companies on the brokers performance chart in terms of the value of their various transactions on...

  • Posted June 8, 2015
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