All posts tagged "headline"

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  Banks lose N159bn to e-frauds –NIBSS

  Banks in the country have lost approximately N159bn to electronic frauds and cybercrime between 2000 and 2013, according to a report by the Nigeria Inter-Bank Settlements Systems. The Office of the National Security Adviser disclosed this in...

  • Posted August 31, 2014
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  Shell’s proposed cancellation of contract to replace ruptured pipelines stirs anger in communities

  The project known as Trans Niger Pipeline (TNP) transports around 180,000 barrels per day of crude oil to the Bonny Export Terminal and is part of the gas liquids evacuation infrastructure, critical for continued domestic power generation...

  • Posted August 31, 2014
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  Nigeria-made Nissan Patrol charts new course in upscale market

  Car buffs waiting to catch a glimpse of the latest Nissan Patrol would have every reason to celebrate the quantum of transformation in one of the best-known and longest established nameplates on the global 4WD (four-wheel drive)...

  • Posted August 31, 2014
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  500 farmers get incentives for food sufficiency

  Five hundred farmers from across 13 local governments in Oyo North senatorial district of Oke-Ogun and parts of Ogbomosoland in Oyo state have been given incentives by the Deputy-Senate Whip, Senator Hosea Agboola, as part of efforts...

  • Posted August 31, 2014
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  NCC to auction another spectrum licence

  Following the successful auction of the nation’s 2.3GHz spectrum early this year, the Nigerian Communications Commission (NCC) has begun a fresh process to auction another spectrum that will further deepen competition and improve broadband penetration in the...

  • Posted August 30, 2014
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  Stock Market rebounds as index rises by 0.58%

  Investors in the Nigerian equities market hived a sigh of relief yesterday, as the market returned to positive territory following the drive by bargain hunters to take advantage of highly discounted stocks. The market had in the...

  • Posted August 30, 2014
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  Dangote gives reasons for producing 42.5 cement grade

  The world richest black man and President of Dangote Group of Companies, Aliko Dangote, has given an insight into why his company embarked on the production of the new 42.5 grade of cement in the country. Dangote...

  • Posted August 30, 2014
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  Domestic operators want multiple entries for foreign airlines reversed

  Domestic airline operators have urged the federal government to review the policy of granting multiple entries to foreign airlines operating in Nigeria. They policy, according to the operators, shrinks the domestic market and discourages partnership with foreign...

  • Posted August 30, 2014
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  Rebasing: Nigerian economy now worth N81tn

  The National Bureau of Statistics (NBS) has revised the size of Nigerian economy to about N81.009 trillion following it latest final rebasing of the country’s Gross Domestic Product (GDP), using the Expenditure Approach between 2010-2013. This represented...

  • Posted August 30, 2014
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  CBN begins restructuring of NSPMC, retires directors

  The Central Bank of Nigeria has begun the restructuring if the Nigerian Security Printing and Minting Plc in line with the directive of President Goodluck Jonathan. To this end, the board of the company has approved the...

  • Posted August 30, 2014
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