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All posts tagged "headline"

  • Senators disagree over budget passage

    Nigerians who are yearning for an early passage of the 2015 Appropriation Bill may have to wait a little longer as some members of the Senate on Wednesday expressed doubts about the possibility of accomplishing the task...

    • Posted January 9, 2015
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  • AMCON to sell Keystone Bank in Q2

    The Asset Management Corporation of Nigeria on Wednesday said it would commence the sale of Keystone Bank in the second quarter of this year. This came barely four months after the bad debt manager completed the sale...

    • Posted January 9, 2015
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  • Equities Market sheds N470bn as bear run persists

    Trading at the Nigerian stock market continued on its bearish note on Tuesday as prices of blue chip equities plunged further.  The market, which opened the New Year with a decline of N240 billion in capitalisation recorded...

    • Posted January 8, 2015
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  • FirstBank partners Etisalat on Mobile Money

    First Bank of Nigeria Limited and Etisalat Nigeria have gone into a partnership to offer mobile payment services to their customers. Both institutions explained that the move was part of efforts to drive financial inclusion, innovation as...

    • Posted January 8, 2015
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  • Power: Residential consumers to pay more from July

    The increase in electricity tariff will become effective for all categories of consumers in July this year. This means that residential consumers, who constitute about 80 per cent of power users in the country, will from that...

    • Posted January 8, 2015
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  • FG assures investors of exchange rate stability

    President Goodluck Jonathan has said the federal government will continue to ensure stability in the value of the naira by striving to take away speculative actions that cause market exchange pressures. He also assured Nigerians and international...

    • Posted January 8, 2015
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  • Nigerian Stock Exchange delists Oasis Insurance

    The Nigerian Stock Exchange (NSE) has delisted Oasis Insurance Plc from its daily official list following the acquisition of the company by FBN Insurance Limited, a subsidiary of FBN Holdings Plc. According to NSE, following the conclusion...

    • Posted January 8, 2015
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  • Close revenue accounts with banks – FG orders MDAs

    The Federal Government on Tuesday directed all its Ministries, Departments and Agencies to close their revenue accounts with Deposit Money Banks latest by February 28. The government gave the directive while unveiling an electronic revenue collection platform...

    • Posted January 8, 2015
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  • Concerns grow over economy as oil hits $51

    As global oil prices extended their declines on Tuesday, plunging to fresh five-and-a-half year lows, the need for Nigeria to cover the potential revenue gaps and diversify the economy has been stressed. The global benchmark Brent, against...

    • Posted January 8, 2015
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  • Spill: Shell pays N15bn to Rivers community

    Oil giant, Shell, has paid the sum of £55m (about N15.4bn) as compensation to residents of Bodo area of Rivers State, where two oil spills occurred in August and December 2008. Amnesty International and the Centre for...

    • Posted January 8, 2015
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