All posts tagged "headline"

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  Firms adopt Visa Digital Payment Card

  Chams Mobile and Skye Bank Plc have signed an agreement to launch the Virtual Visa Card in Nigeria. The card is an entirely digital payment card for online and mobile use. A statement at the weekend explained...

  • Posted February 10, 2015
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  FG plans commodity exports to France, UK, others

  Against the backdrop of the falling global oil prices which have led to sharp drop in Nigeria’s revenue, the Federal Government has commenced plans to export commodities to France, United Kingdom, Netherlands and a host of other...

  • Posted February 8, 2015
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  CBN raises N192bn in Treasury bills

  The Central Bank of Nigeria has sold N192.39bn ($1bn) worth of Treasury bills with maturities of between three months and one year. The Debt Management Office on Thursday said the yields on the three-month tenor paper attracted...

  • Posted February 8, 2015
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  Terminal operators face litigation over N1tn charges

  Concessionaires in the nation’s seaports are under fire for collecting charges running into over N1 trillion believed to be illegal from port users, particularly importers in their terminals. And the operators have threatened a court action against...

  • Posted February 8, 2015
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  Airlines operators fault FG’s directive on employment of pilots

  Nigerian airlines are severely criticising the new directive given to them by the federal government stipulating that every aircraft on commercial service must at least have one Nigerian pilot in its cockpit. This directive was aimed at...

  • Posted February 8, 2015
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  Pipeline vandalism hinders national development – IPMAN

  The newly elected Chairman of the Independent Petroleum Marketers Association of Nigeria, Ilorin branch, Alhaji Okanlawon Olarenwaju, has said that the high level of pipeline vandalism in the country is dangerous to national development. In an interview...

  • Posted February 8, 2015
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  No plan to reduce capital expenditure – FG

  The Federal Government on Thursday dismissed reports that it had reduce capital expenditure in the 2015 budget to less than 10 per cent of total spending. It also denied plans to retrench some of its workers owing...

  • Posted February 7, 2015
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  Nigeria’s debt profile rises by N1.2tn

  The debt profile of both the Federal Government and the 36 states of the federation as well as the Federal Capital Territory rose by N1.2tn in one year, statistics obtained from the website of the Debt Management...

  • Posted February 7, 2015
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  Emefiele expects Nigeria to stay in JPMorgan’s EM Bond Indexes

  Nigeria will probably remain in JPMorgan Chase & Co.’s local-currency emerging-market bond indexes tracked by over $200 billion of funds, according to the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele. “The main issue...

  • Posted February 7, 2015
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  16 Nigerian airports dormant in 2014 – Report

  Of the 20 airports being managed by the Federal Airports Authority of Nigeria, four accounted for over 80 per cent of the domestic passenger traffic in the second and third quarters of 2014, the remaining 16 recorded...

  • Posted February 7, 2015
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