All posts tagged "headline"
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House of the Week: A magnificent 4-bedroom house at Asokoro, Abuja
Set in the luxurious Asokoro neighbourhood, our house of the week is a magnificent 4 bedroom fully detached house for sale. This exquisite property features 4 bedrooms, 4 bathrooms, 3 lounges, 1 dining area and 2 rooms...
- Posted January 23, 2015
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Currency dealers move to save falling naira
Currency dealers in Nigeria wednesday agreed to halt trading if there is a more than two per cent intra-day slide in the naira, which is being hit by the oil price slump and is at risk of...
- Posted January 23, 2015
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Nigeria may double VAT due to falling oil prices
The federal government plans to double its value-added tax (VAT) and cancel government projects if oil prices continue to slide. Coordinating Minister for the Economy/Minister of Finance, Dr. Ngozi Okonjo-Iweala said this in an interview with The...
- Posted January 23, 2015
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Subsidy on petrol now N2.84 per litre – PPPRA
Despite the recent reduction in the pump price of petrol from N97 to N87 per litre, the Federal Government has claimed it still pays N2.84 as subsidy on every litre of the product consumed. According to the...
- Posted January 23, 2015
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Power: Jonathan inherited only 2,800MW – Nebo
Senate President, Senator David Mark and Governor Gabriel Suswam of Benue State yesterday appealed to Nigerians to ensure that the forthcoming general election is violence-free. Both men, according to a statement, spoke at the flag-off of the...
- Posted January 23, 2015
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SEC, CIS seek greater local participation in Stock Market
The Securities and Exchange Commission (SEC) and the Chartered Institute of Stockbrokers (CIS) have reached a consensus to priotise investor education in a bid to boost the participation of domestic investors in the nation’s capital market. About...
- Posted January 23, 2015
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N1.29tn spent on fuel subsidy in two years
Between 2013 and 2014, a total amount of N1.29tn was recorded as petrol subsidy claims from oil marketers. Figures from the Petroleum Products Pricing Regulatory Agency show that about N832.06bn was paid as subsidy claim by the...
- Posted January 23, 2015
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1,669 PHCN workers to get severance next week
The Federal Government on Wednesday said it had validated and would pay 1,669 former employees of the defunct Power Holding Company of Nigeria their severance packages next week. Some of the workers had on Monday staged a...
- Posted January 23, 2015
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Petrol pump price reduction won’t affect loading – Nipco
Nipco Plc, an integrated indigenous downstream operator, has said the downward review of the pump price of Premium Motor Spirit (petrol) by the Federal Government will not affect loading of the product at its depot. In a...
- Posted January 23, 2015
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Naira devaluation: Travellers pay more for foreign trips
The continuous depreciation of the naira against the United States dollar has led to a significant rise in airfares for major international routes, making frequent flyers from Nigeria to pay more for flights overseas. The naira is...
- Posted January 23, 2015