All posts tagged "headline"

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  Wema Bank’s full year profit rises by 59%

  Wema Bank Plc has declared a 58.8 per cent growth in its profit before tax in its full year audited results for the year ended December 31, 2014. The bank also said its total asset grew by...

  • Posted March 26, 2015
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  PPPRA cuts petrol imports by 50%, scarcity worsens

  Four days to the presidential election, long queues of motorists resurfaced in the few filling stations that had petrol to sell in Lagos and Abuja on Tuesday as importers of the product were said to be handicapped...

  • Posted March 26, 2015
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  It’s illegal to transact business in dollars in Nigeria – Emefiele

  As the Central Bank of Nigeria (CBN) struggles to meet demand for dollars in the foreign exchange market, its governor, Mr. Godwin Emefiele, has taken the well-worn path of his predecessors by declaring that the currency for...

  • Posted March 26, 2015
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  SEC’s new rules to boost mergers and acquisitions in Nigeria

  As the appetite for mergers and acquisitions (M&A) continues to increase in Nigeria, the Securities and Exchange Commission (SEC) is set to fast-track the M&A process and make it more beneficial for all stakeholders. THISDAY had last...

  • Posted March 26, 2015
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  FG defends electricity tariff cut

  Despite the criticisms that have greeted the recent slash of electricity tariffs, the Federal Government says the cut is aimed at improving the welfare of Nigerians. According to the government, the reduction in tariffs will not lead...

  • Posted March 26, 2015
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  NSE, MSCI sign agreement on market indices

  MSCI Incorporated, a leading provider of investment decision support tools worldwide, and the Nigerian Stock Exchange have signed a “strategic co-operation agreement to develop and market a co-branded family of indexes” for the Nigerian equity market.” Based...

  • Posted March 26, 2015
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  Government to punish firms with fake EIAs

  Local and international firms parading Environmental Impact Assessment certificates that are not duly issued by the Federal Government risk severe sanctions. According to the government, it is the duty of the Federal Ministry of Environment to issue...

  • Posted March 26, 2015
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  CBN, IFC to launch collateral registry in June

  The International Finance Corporation and the Central Bank of Nigeria are collaborating to launch National Collateral Registry in June, the Project Manager, IFC, Mr. Ubong Awah, has said. He stated this at a three-day workshop on the...

  • Posted March 26, 2015
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  GIABA seeks collaboration against money laundering, terrorism financing

  The Inter-governmental Action Group against Money Laundering in West Africa (GIABA) has called for increased collaboration against money laundering in the region. Director General, GIABA, Mr. Adamu Coulibaly made this call in an address presented at a...

  • Posted March 26, 2015
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  Nigerians generate 2,500MW from diesel, petrol, kerosene – NNPC

  Nigerian households and businesses generate 2,500 megawatts of electricity from petrol, kerosene and Automotive Gas Oil (AGO, popularly known as diesel), according to an analysis by the Nigerian National Petroleum Corporation (NNPC). Speaking at a special session...

  • Posted March 25, 2015
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