All posts tagged "headline"

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  Analysts optimistic despite drop in NSE returns

  Capital market operators and analysts have remained optimistic that 2014 will end on a positive note for the Nigerian Stock Exchange even though its year-to-date return is far below the level it attained in the last two...

  • Posted August 17, 2014
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  African growth boosts Standard Bank’s half-year profit

  Standard Bank Group Limited said first-half profit rose two per cent, sustained by business beyond South Africa’s borders as the economy there slumped. Net income rose to 8.23 billion rand ($778m) from 8.07 billion rand a year...

  • Posted August 17, 2014
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  Equities market closes flat

  The equities segment of the Nigerian Stock Exchange was little-changed on Thursday after investors exchanged 207.931 million shares valued at N2.245bn in 4,785. The market capitalisation of the listed equities declined marginally by 0.01 per cent to...

  • Posted August 17, 2014
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  Ogoja water scheme: Cross River, Chinese firm sign N2.6 contract

  The Cross River State Government has signed a N2.6 billion contract for the construction of Ogoja Water scheme with a Chinese firm CGC. The signing of the contract is coming few months after the state commissioned the...

  • Posted August 17, 2014
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  Nestoil, Polish firm deepen alliance in power, oil, gas sectors

  As part of their renewed efforts to harness the abundant investment opportunities in Nigeria’s power, oil and gas sectors, Nestoil Plc and Kulczyk Investments SA (KI) of Poland have signed agreement to deepen their strategic alliance on...

  • Posted August 17, 2014
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  FG plans Free Trade Zone for Enugu

  The federal government and the Enugu State Government have concluded plans to site a free trade zone (FTZ) in the state. The FTZ is aimed fully maximising the full benefits of the international status of the Akanu...

  • Posted August 16, 2014
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  Jonathan inaugurates N90bn Uquo gas processing facility

  Nigeria’s power sector has received a boost as President Goodluck Jonathan yesterday inaugurated a 200 million standard cubic feet of gas per day, Uquo Gas Processing Facility, which has a capacity to power 1,000 megawatts (MW) of...

  • Posted August 16, 2014
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  Electronic registration of companies begins Oct 1 – FG

  The Federal Government on Thursday said the Corporate Affairs Commission would as from October 1, this year, begin the electronic registration for companies willing to set up businesses in Nigeria. The Minister of Industry, Trade and Investment,...

  • Posted August 16, 2014
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  DMO raises N100bn bonds at higher yields

  The Debt Management Office (DMO) has sold N100 billion worth of bonds with maturities ranging between three and 20 years at an auction that fetched higher yields than previously. The DMO said yesterday that N15 billion of...

  • Posted August 16, 2014
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  Group seeks increased sensitisation on banking services

  The Bank Customer Association of Nigeria (BCAN) has called for the protection of the interest consumers of financial service products in the country. The association also stressed the need for banking services to be conducted based on...

  • Posted August 16, 2014
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