All posts tagged "headline"

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  Monetary authorities faced with very difficult choices – CBN

  Monetary authorities in Nigeria are currently being faced with very difficult choices in the trade-off between tackling inflation, supporting growth and exchange rate stability, the Deputy Governor, Economic Policy, Central Bank of Nigeira, Sarah Alade, has said....

  • Posted December 20, 2016
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  Forbes names Dangote, Putin, Trump among world’s most powerful

  Africa’s richest person and President of Dangote Group, Aliko Dangote, has been named along other world leaders such as Russian President, Vladimir Putin; American President-elect of the United States of America, Donald Trump; and German Chancellor, Angela...

  • Posted December 20, 2016
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  UK to invest $1bn in Nigeria’s transport sector

  Firms from the United Kingdom have revealed plans to invest over $1bn (about N305bn) in the transport sector of the Nigerian economy. The investments, expected to come on stream within 18 months, are aimed at improving the...

  • Posted December 20, 2016
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  Aero Contractors to resume flights Wednesday

  Nigeria’s oldest airline, Aero Contractors, has said it has concluded plans to resume flights on Wednesday. The airline, which stopped scheduled services on September 1, 2016, due to lack of funds and its inability to pay for...

  • Posted December 19, 2016
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  Lagos plans to generate electricity from garbage

  The Lagos State Government has proposed a new model in its approach to environmental waste management. According to the state government, Olusosun, a popular landfill that has been a dumping ground for years, will soon become a...

  • Posted December 18, 2016
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  Dirty fuel import ban effective July 1 – FG

  The enforcement of the ban on the importation of dirty fuel with high sulphur content from Europe to Nigeria will begin from July 1, 2017, the Federal Government has said. The government also announced that beginning from...

  • Posted December 18, 2016
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  Emefiele emerges chairman of global Islamic bank

  The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has been elected as the Chairman of the International Islamic Liquidity Management Corporation. In a statement on Friday, the CBN said Emefiele was elected on Thursday...

  • Posted December 18, 2016
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  FIRS shuts more tax-defaulting firms

  The Federal Inland Service has continued its crackdown on tax-defaulting companies by sealing off their premises in Lagos and Abuja. In Lagos, a team led by Mr. Umar Gana sealed off Mayssa International Limited, which situated in...

  • Posted December 18, 2016
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  MAN, LCCI, others oppose Senate on BoI scrapping

  The plan by the Senate to repeal the Act establishing the Bank of Industry and replace it with a National Development Bank of Nigeria has been criticised by several professional groups and workers’ unions. And if the...

  • Posted December 17, 2016
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  Inflation hits 18.48%, unemployment jumps to 13.9%

  The Consumer Price Index, which measures the rate of inflation in the country, rose by 18.48 per cent in November, figures released by the National Bureau of Statistics on Thursday revealed. The NBS said in the CPI...

  • Posted December 17, 2016
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