All posts tagged "headline"

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  Jonathan inaugurates 105,000 metric tonnes integrated Rice Mill in Nasarawa

  President Goodluck Jonathan monday inaugurated Olam Nigeria’s 105,000 metric tonnes integrated rice processing mill in Nasarawa State. He however disclosed that his administration’s commitment was to continue to reduce  the food importation bill to the barest minimum....

  • Posted July 16, 2014
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  Union Bank cards now accepted on Paypal

  Union Bank of Nigeria Plc has announced that its electronic cards – Visa and MasterCard, are now accepted on the PayPal platform. PayPal is an international e-commerce platform that facilitates online payments and money transfers to over...

  • Posted July 15, 2014
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  Nigeria to grow crude oil reserves to 40bn barrels

  The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Andrew Yakubu, yesterday disclosed that Nigeria was working to accumulate 40 billion barrels of crude oil reserves and produce four million barrels per day. Yakubu, who...

  • Posted July 15, 2014
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  AshakaCem to fast-track N100bn expansion project

  The Board of Directors of AshakaCem Plc and the management team with support from other Lafarge Group’s businesses across the globe have agreed to fast-track the expansion of the company’s N100bn cement plant in the North-East. The...

  • Posted July 15, 2014
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  10 stockbroking firms trade N729bn shares six months

  Ten leading stockbroking firms traded 56.593 billion shares worth N729.73 billion at the stock market in the first six months of 2014, data obtained by THISDAY showed last Friday. The N729.73 billion accounted for 64 per cent...

  • Posted July 15, 2014
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  External reserves stage recovery, rises by $1.030bn in one month

  Nigeria’s beleaguered foreign reserves seems to be gradually regaining its upswing as it rose by $1.030 billion in the last one month to close at $38.136 billion at the weekend. This represents an accretion by 2.8 per...

  • Posted July 15, 2014
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  Power firms perform poorly despite 70% gas supply

  Fresh facts have emerged that power generating companies in the country get as much as 70 per cent of the total gas supplied in the Nigerian market, but they are performing poorly. In January, President Goodluck Jonathan,...

  • Posted July 15, 2014
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  We’re not liquidating insurance firms – NDIC

  The Nigeria Deposit Insurance Corporation has denied reports that it is seeking powers to liquidate insurance companies and terminate their licences. It said in a statement on Sunday that as a deposit insurer, the liquidation of insurance...

  • Posted July 15, 2014
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  Lagos recognised as best pension compliance state

  Federal Government has awarded a gold trophy to the Lagos State Government for emerging the best state out of the 36 states of the federation to fully adopt and implement the Contributory Pension Scheme in compliance with...

  • Posted July 15, 2014
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  Continental Re’s premium rises by 28%

  Continental Reinsurance Plc has said its gross premium increased by 28 per cent to N15.86bn in 2013 from N12.40bn in the previous financial period. The company said in a statement that the non-life and life businesses grew...

  • Posted July 15, 2014
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