All posts tagged "headline"

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  Naira set to rise further this week

  The naira will rise further against the dollar on the parallel market this week, analysts and foreign exchange dealers have predicted. They argued that the peaceful outcome of the presidential election and the hard stance of the...

  • Posted April 7, 2015
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  Dangote Cement targets 5,000 jobs with Senegal plant

  Dangote Cement Plc has announced the rollout of products from its $300m cement plant in Senegal amid excitement by the country’s government on the prospect of direct employment of about 5,000 locals by the company. The company...

  • Posted April 7, 2015
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  Poor funding threatens NNPC joint ventures

  With the inability of the Nigerian National Petroleum Corporation to meet its cash call obligation to joint venture partners now exacerbated by the significant fall in oil revenue, the need to do away with the JV arrangement...

  • Posted April 7, 2015
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  NSE: Foreign portfolio investors’ transactions hit N133.95bn in February

  As the nation savours the harvest of commendations from the international community for the peaceful prosecution of last week’s Presidential election, there are strong indications that more portfolio investors may seize the momentum to increase their stakes...

  • Posted April 7, 2015
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  Abuja Chambers of Commerce hails post-election Stock Market recovery

  The Abuja Chamber of Commerce has expressed delight with what it described  “the sudden positive turnaround of the activities in the economy,” especially the massive stock market rally and the exchange rate of the naira in the...

  • Posted April 7, 2015
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  Power generation rises to 4,000MW — FG

  Power generation in the country has risen above 4,000 megawatts after hovering between 3,000MW and 3,800MW since January this year. The development, which industry operators attributed to the general elections, became noticeable on March 31, 2015. Power...

  • Posted April 7, 2015
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  Workers want railway rehabilitation sustained

  Workers of Nigeria Railway Corporation have advised that the ongoing rehabilitation and modernisation of the railway transport sector be continued. In a congratulatory message to the President-elect, Maj. Gen. Muhammadu Buhari (retd.), on Sunday, the workers under...

  • Posted April 7, 2015
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  Electricity consumers warn against tariff increase

  Electricity consumers have urged power distribution companies to comply with the 50 per cent slash in power tariff announced last month by Nigerian Electricity Regulatory Commission. The customers, who spoke under the aegis of the Electricity Consumers...

  • Posted April 6, 2015
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  NSIA to invest N7.8bn in infrastructure

  The Nigerian Sovereign Investment Authority plans a $40m (N7.88bn) investment to improve the infrastructural facilities in critical sectors such as education, healthcare and environment. This was confirmed to our correspondent by the Managing Director, NSIA, Mr. Uche...

  • Posted April 6, 2015
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  NSE: Foreign portfolio investors’ transactions Hit N133.95bn in February

  As the nation savours the harvest of commendations from the international community for the peaceful prosecution of last week’s Presidential election, there are strong indications that more portfolio investors may seize the momentum to increase their stakes...

  • Posted April 6, 2015
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