All posts tagged "headline"

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  SEC, NBA to collaborate on Capital Market development

  As part of efforts to restore investors’ confidence in the Nigerian capital market, the  Securities and Exchange Commission (SEC)  and the Nigeria Bar Association (NBA)  are to collaborate going forward. Part of  the collaboration is the setting...

  • Posted December 26, 2014
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  11 ships laden with petrol arrive Lagos

  The Nigerian Ports Authority (NPA) on Tuesday said 11 ships laden with petrol had arrived in Lagos ports. This was contained in NPA’s daily publication, the ‘Shipping Position,’ made available to the News Agency of Nigeria (NAN)...

  • Posted December 25, 2014
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  FG’s revenue drops to N743.57billion in October

  The federally-collected revenue stood at N743.57 billion in October 2014, lower than both the monthly budget estimate and the receipts in the preceding month by 18 per cent and 10.6 per cent, respectively. The Central Bank of...

  • Posted December 25, 2014
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  Nigeria’s oil sector contribution to GDP lowest in OPEC

  The contribution of Nigeria’s oil sector to the Gross Domestic Product is lower than that of many of the other members of the Organisation of Petroleum Exporting Countries, analysis of data obtained from the 12-member oil cartel...

  • Posted December 25, 2014
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  Falling oil prices may push banks’ cost of risk to 4.4% in 2015

  Banks’ exposure to the oil and gas sector in the face of tumbling oil prices may raise the industry’s cost of risk (COR) to an aggregate of 4.4 per cent in 2015, a report has shown. According...

  • Posted December 25, 2014
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  Nigeria to strengthen trade relations with other nations – Jonathan

  President Goodluck Jonathan on Tuesday pledged that his administration would continue to effectively encourage and support the development of more mutually beneficial trade and economic relations between Nigeria and other developing nations. The president dropped the assurance...

  • Posted December 25, 2014
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  Banks move to cut non-performing loans

  Weighed down by rising non-performing loans, Deposit Money Banks have begun aggressive loan recovery exercises aimed at cutting down their NPLs. It was learnt on Tuesday that the NPLS of many DMBs had risen above the regulatory...

  • Posted December 25, 2014
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  Importers condemn suspension of cargo flights to MMIA

  Importers who receive their goods at the Murtala Muhammed International Airport, Lagos have lamented the suspension of cargo flights into the airport. The Federal Airport Authority of Nigeria had on Friday suspended cargo flights into the MMIA...

  • Posted December 25, 2014
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  Budget: FG slashes projected oil revenue by N1tn

  The intense pressure on oil global oil prices may have forced the Federal Government to scale down the projected oil and gas revenue for 2015 by N1.1tn to N6.05tn from N7.16tn approved in this year’s budget. The...

  • Posted December 25, 2014
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  Jonathan to inaugurate 40MW Kashimbila Dam in February

  President Goodluck Jonathan will inaugurate the 40 megawatts Kashimbila multipurpose dam in February next year, the Minister of Water Resources, Mrs. Sarah Ochekpe, has said. According to her, the Federal Government will maximise opportunities such as potable...

  • Posted December 25, 2014
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