All posts tagged "headline"
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Oil price shock: FBN Capital, LCCI call for fuel subsidy removal
As crude oil prices continued to hover below $50 per barrel at the international market last week, prompting the cut in the pump price of premium motor spirit (PMS) from N97 to N87 per litre by the...
- Posted January 26, 2015
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“N220bn MSME Fund will boost economy, employment” – Adegbenro
The successful launch of the N220 billion Micro, Small and Medium Scale Enterprises (MSME) fund has been described as a key milestone achievement and an initiative that will boost the contribution of the Central Bank of Nigeria...
- Posted January 26, 2015
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FG should reduce petrol price further — PENGASSAN president
The President of the Petroleum and Natural Gas Senior Staff Association, Comrade Francis Johnson, tells BAYO AKINLOYE that the oil companies in Nigeria should not retrench some of their workers in response to the slump in crude oil prices...
- Posted January 26, 2015
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NIMC begins registration of Nigerians in Diaspora
The National Identity Management Commission has commenced the enrolment of Nigerians in Mexico as part of its grand plan to register all the nation’s citizens in Diaspora. The Director-General and the Chief Executive Officer, NIMC, Mr. Chris...
- Posted January 26, 2015
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Stakeholders foresee bright future for industry, trade in Nigeria
Even in the present thick cloud of politics, stakeholders in the industrial sector maintain that the Nigerian trade and industrial environment has never been this good, Festus Akanbi reports On Tuesday, the Federal Government approved a new...
- Posted January 26, 2015
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Why 60% multinational firms don’t register imported technology – Bindir
The National Office for Technology Acquisition and Promotion (NOTAP), an agency under the Ministry of Science and Technology, has disclosed that more than 60 per cent of multinational companies operating in the country don’t register the foreign...
- Posted January 26, 2015
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CBN raises BDCs’ weekly dollar supply to $30,000, stems naira’s free fall
In line with its resolve to calm the strong volatility observed in the forex market in the past few weeks as well as save the naira from further depreciation, the Central Bank of Nigeria (CBN) has increased...
- Posted January 25, 2015
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Sambo inaugurates railway operation in Makurdi
In fulfilment of the federal government’s promise to Nigeria to revamp the railway system in the country, Vice President Namadi Sambo on Friday inaugurated five 68-passenger coach air-conditioned trains in Makurdi Sambo explained that the inauguration of...
- Posted January 25, 2015
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Oil slump: Banks face financial distress
Falling oil price, which is expected to hit the economy harder later in the year, will make some weak banks to run into financial distress, it has been learnt. Financial distress is a term in corporate finance...
- Posted January 25, 2015
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Contract approval cycles threatens oil projects
As competition for crude oil and investments in Africa grows amid the plunge in global oil prices, the time it takes for projects to be approved in the country as well as rising insecurity have been identified...
- Posted January 25, 2015