All posts tagged "headline"

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  AMCON’s stake in banks, others worth N100bn – Chike-Obi

  The Asset Management Corporation of Nigeria, the bad debt manager created to acquire non-performing loans of banks in the aftermath of the 2009 banking sector crisis, still has shares worth over N100bn in Deposit Money Banks and...

  • Posted June 4, 2015
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  NERC to set estimated electricity billing limit

  The Nigerian Electricity Regulatory Commission on Tuesday revealed its plan to put a ceiling on the quantum of consumption that unmetered customers in a particular class could be billed by estimation in any particular month. While NERC...

  • Posted June 4, 2015
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  Access Bank, Hyundai unveil auto finance scheme

  Hyundai Motors Nigeria Limited, in collaboration with the Access Bank Group, has introduced a new vehicle finance scheme aimed at enabling prospective customers to buy brand new Hyundai vehicles and commence payment after 90 days. The initiative,...

  • Posted June 4, 2015
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  Fidelity Bank promises better deal for shareholders

  Investors stake funds on stocks and expect  returns on their investments. The returns can be in form of cash dividends, bonus shares or capital appreciation.  Retail shareholders in Nigerian market prefer cash dividend. This is why they...

  • Posted June 4, 2015
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  Nigeria-China trade volume rises to $23.5bn

  Nigeria’s bilateral trade with the Peoples’ Republic of China has risen to about $23.5 billion from a mere $3.4 billion that it was back in 2009, the Nigeria-China Business Council (NCBC) said on Monday in Abuja. The...

  • Posted June 3, 2015
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  Port Harcourt Refinery targets full capacity utilisation

  The Port Harcourt Refining Company (PHRC) Limited has activated comprehensive but phased rehabilitation project that would bring about optimal processing capacity of the plants and full yield of different petroleum products by July 2015. The rehabilitation will...

  • Posted June 3, 2015
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  Marketers blame supply hitches for high petrol prices

  The high prices of petrol all over the country have been attributed to inequalities between the independent petroleum marketers and their major counterparts. While the major marketers have continued to stick to the N87 official pump price...

  • Posted June 3, 2015
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  Oil marketers accuse DPR of extortion in licensing, permits

  Oil Marketing and Trading (OM&T) companies, as well as depots and jetty owners have accused officials of the Department of Petroleum Resources (DPR) of extortion in the issuance of licenses and permits to the operators. Some of...

  • Posted June 3, 2015
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  APC chieftain tasks Buhari on rehabilitation of refineries

  Worried about the current problems being experienced by Nigerians over the fuel crisis, a  chieftain of All Progressives Congress(APC) in Kwara state, Hon. Sunday Ayanda has urged President  Muhammadu Buhari to embark on rehabilitation  of all the...

  • Posted June 3, 2015
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  51 million telephone lines dormant – NCC

  A total of 51,464,799 telecommunications lines in the country are now dormant, according to statistics released in Abuja on Monday by the telecommunications regulatory agency, the Nigerian Communications Commission. The statistics showed that as of April 30,...

  • Posted June 3, 2015
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