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All posts tagged "headline"

  • Customs agents oppose vehicle importation ban

    More than 500,000 Nigerians may lose their jobs at Seme border if the ban on importation of vehicles through land borders comes into full effect. The Association of Nigerian Licensed Customs Agents disclosed this during a media...

    • Posted December 30, 2016
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  • 34 stocks boost market capitalisation by N69bn

    The Nigerian Stock Exchange’s market capitalisation appreciated by N69bn as 34 stock recorded gains at the close of trading on Wednesday. The market capitalisation rose to N9.182tn from N9.113tn, while the All-Share Index closed at 26,688.25 basis...

    • Posted December 30, 2016
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  • Customs seize N250m smuggled cannabis from Ghana

    Forty-three jumbo bags of cannabis worth N250m smuggled into the country from Ghana have been seized along Agbara/Badagry road by the Nigeria Customs Service. The Western Marine Command of the NCS disclosed this in a statement. It...

    • Posted December 30, 2016
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  • Eight power firms reject 1,337MWH despite poor supply

    Eight power distribution companies rejected 1,336.75 megawatts-hour of electricity, representing 19 per cent of the total quantum of power supplied to them by the Transmission Company of Nigeria. Industry data obtained by our correspondent in Abuja on...

    • Posted December 29, 2016
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  • FG to conduct statistical surveys with N947m

    The Federal Government is proposing to spend a total sum of N946.6m to carry out 21 statistical surveys in the 2017 fiscal period through the National Bureau of Statistics. Details of the spending are contained in the...

    • Posted December 29, 2016
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  • Recession: Dangote commends Nigerians’ resilience

    Africa’s richest man, Aliko Dangote, has commended Nigerians for their resilience and doggedness even in the face of the prevailing economic challenges, saying they had made sacrifices that would soon see the nation out of the woods....

    • Posted December 29, 2016
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  • Power generating firms perform below 30% – Report

    The combined performance of all the privatised thermal power generating stations in the country was less than 30 per cent in the third quarter of 2016 despite being managed by private investors. Industry operators blamed the poor...

    • Posted December 28, 2016
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  • External reserves rise further, now $25.4bn

    The nation’s foreign exchange reserves have risen further to $25.4bn, according to the latest data obtained from the website of the Central Bank of Nigeria. In less than one week, the reserves rose by almost $300m from...

    • Posted December 28, 2016
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  • Nigeria loses N94bn to gas flaring in four months

    The country lost at least N94bn in four months as oil and gas companies flared a total of 87.03 billion standard cubic feet of natural gas in that period. The latest monthly report from the Nigerian National...

    • Posted December 28, 2016
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  • We don’t have forex to import aviation fuel — Marketers

    The scarcity of aviation fuel in Nigeria may be far from being over as oil marketers have said they do not have enough foreign exchange to import the product. The Executive Secretary, Major Oil Marketers Association of...

    • Posted December 27, 2016
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