All posts tagged "headline"

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  FG to pay oil marketers N100bn debt

  To avert possible fuel scarcity that often characterises end of year festivities, the Federal Government has announced that it will pay the outstanding debts owed petroleum product marketers by the end of this month. The marketers have...

  • Posted November 15, 2014
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  FG spends N1.47tn on 183 road projects

  The Federal Government on Thursday said that 183 highway projects were currently being constructed across the six geopolitical zones of the country at a cost of N1.47tn. It said some of the projects were being funded by...

  • Posted November 15, 2014
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  Concerns over porous security at Lagos Airport cargo shed

  Airline officials have expressed deep concern about the porous security at the cargo shed of the Murtala Muhammed International Airport, Lagos, which makes the place vulnerable to attacks. Their worries stem from what they described as unchecked...

  • Posted November 15, 2014
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  Emefiele vows to defend naira on falling oil prices

  The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has said he will continue to defend the naira after the currency plunged to a record low last week. “There’s no need for anybody to panic or...

  • Posted November 14, 2014
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  Caverton posts N5.5bn gross profit

  Caverton Offshore Support Group PLC (COSG), a key provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, has reported an increase of 34 per cent in revenue for the...

  • Posted November 14, 2014
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  Standard Chartered to close 100 branches in Africa, others

  Standard Chartered bank is closing 80 to 100 branches to improve profitability in 2015 Standard Chartered will close up to 100 bank branches next year in Asia, Africa and the Middle East in an attempt to improve...

  • Posted November 14, 2014
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  Telecoms operators accuse State Governments of stifling broadband deployment

  Telecoms operators have said the refusal of state governments to give right of way (RoW) is delaying  broadband rollout in the country. The operators, who spoke in one voice at this year’s West Africa Information and Communications...

  • Posted November 14, 2014
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  FRC remits N253million to Consolidated Revenue Fund

  Contrary to the insinuation by the House of Representatives Committee on Finance that the Financial Reporting Council (FRC) does not remit 25 per cent of the total amount its generates internally into the consolidated revenue fund, as...

  • Posted November 14, 2014
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  Tokunbo dealers to sell Nigeria-made cars

  Used car dealers may soon begin to sell made-in-Nigeria vehicles as part of measures to incorporate them into the new automotive policy of the Federal Government. Already, the Tokunbo or used car dealers are holding talks with the National...

  • Posted November 14, 2014
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  NERC accuses electricity firms of inflating bills

  Electricity distribution companies in the country are enriching themselves corruptly through the issuance of estimated bills to consumers, according to the Nigerian Electricity Regulatory Commission. This is following complaints by consumers who decried the over 100 per...

  • Posted November 14, 2014
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