All posts tagged "headline"

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  Government releases N995m for agric insurance

  The Federal Government has released N995.2m ($5m) to the Nigerian Agricultural Insurance Corporation for the development agricultural insurance in the country. The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, disclosed this at the inauguration of...

  • Posted March 23, 2015
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  MPC: Falling oil prices, inflation, election spending to top agenda

  As the Central Bank of Nigeria (CBN) begins its 243rd Monetary Policy Committee (MPC) meeting tomorrow, some of the issues that will top the agenda include the sinking oil prices, marginal increase in the nation’s inflation figure...

  • Posted March 23, 2015
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  African mega projects surge 46% to $326billion in 2014

  INVESTMENT in African mega projects surged 46 per cent to US$326 billion last year led by heavy INVESTMENT in transport, energy and power, according to the third annual Deloitte African Construction Trends report, which monitors progress on...

  • Posted March 23, 2015
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  Bond yields to rise on election worries

  Nigerian bonds yields could rise next week on a possible sell off by some offshore investors due to uncertainty around the presidential elections on March 28, economic and financial analysts have said. The described the March 28...

  • Posted March 22, 2015
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  Ecobank, FCMB unveil initiatives to empower SMEs

  As part of efforts to boost the activities of operators of small and medium scale enterprises (SMEs) in Nigeria, First City Monument Bank (FCMB) Limited and Ecobank Nigeria Limited Thursday introduced separate initiatives to support the sector....

  • Posted March 22, 2015
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  S&P lowers Nigeria’s ratings on oil slump, elections

  Global credit ratings agency, Standard and Poor’s, has lowered its long-term sovereign credit ratings on Nigeria from ‘BB-’ to ‘B+’ due to the impact of the global fall in crude oil prices and surging political tensions on...

  • Posted March 22, 2015
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  Nigeria moves to save N431bn from wheat imports

  Local wheat production is rising and Nigeria will achieve the 68 per cent local production target by year end, the Executive Director, Lake Chad Research Institute, Dr. Gbenga Olabanji, has said. Olabanji, in an exclusive interview with...

  • Posted March 22, 2015
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  Shell wraps up $1.2bn sale of OML 18 to Eroton Group

  Shell Petroleum Development Company (SPDC), Nigerian National Petroleum Corporation (NNPC) and Eroton consortium on Thursday closed the deal involving the acquisition of Oil Mining Lease (OML) 18 by Eroton, THISDAY has learnt. THISDAY also gathered that Erotron...

  • Posted March 21, 2015
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  Automation to boost aviation sector’s earnings to N50bn

  The aviation industry can increase its revenue to N50 billion in the next two years if  the automated  cash points of the agencies in the sector are used efficiently and international local airlines pay their various charges...

  • Posted March 21, 2015
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  Electricity consumers threaten EKEDC over crazy bills

  Scores of electricity consumers in Papa Ajao in the Mushin area of Lagos State on Thursday protested against the alleged crazy billing and other sharp practices of the Eko Electricity Distribution, Mushin Business Unit. The protest came...

  • Posted March 21, 2015
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