All posts tagged "headline"

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  Analysts support new capital requirements for BDCs

  Financial market analysts have expressed their support for the new capital requirements for bureau de change (BDCs) that was recently announced by the Central Bank of Nigeria (CBN). According to them, the policy would in the long...

  • Posted July 1, 2014
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  IPMAN to invest $3bn in two refineries

  The Independent Petroleum Marketers Association of Nigeria has said it is planning to invest $3bn in building two refineries in Bayelsa and Kogi states. The President, IPMAN, Mr. Chinedu Okoronkwo, said this during a visit of the...

  • Posted July 1, 2014
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  Are urges banks to offer long-term loans

  The Chairman, Kakanfo Inn and Conference Centre, Dr. Lekan Are, has called on financial institutions to offer long-term lending as well as reduce interest rate. He said that such measures would promote development and business growth in...

  • Posted July 1, 2014
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  Starcomms, Intercellular, others face extinction

  Fixed telephony faces extinction as several operators of the system are listed as inactive, EVEREST AMAEFULE reports There are indications that fixed telephony may be wiped out from the telecommunications landscape of the country as fixed telecommunications operators lost...

  • Posted July 1, 2014
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  Nigeria ripe for digital broadcasting – Nweke

  The Director-General, Nigerian Economic Summit Group and former Minister of Information, Mr. Frank Nweke Jnr, talks about the prospects and challenges of digital broadcasting in this interview with OZIOMA UBABUKOH There has been much talk of digital migration in...

  • Posted July 1, 2014
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  Presidency directs NERC to resolve geometric, interstate dispute

  President Goodluck Jonathan has directed the Nigerian Electricity Regulatory Commission (NERC) to resolve the dispute between Geometric Power Limited and Interstate Electrics Limited over the lease agreement signed by the federal government and Geometric  power on April...

  • Posted July 1, 2014
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  FG targets 35% reduction in fish importation annually

  The Federal Government has said it was working to reduce fish importation by 35 per cent over the next three years to make Nigeria self sufficient in fish production.   The Minister of Agriculture, Dr. Akinwumi Adesina...

  • Posted June 30, 2014
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  Domestic investors record N109.75bn transactions in May

  There are indications that local investors in the Nigerian capital market may have started to find their way back to the bourse as data from the Nigerian Stock Exchange for the month of May showed that domestic...

  • Posted June 30, 2014
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  “Nigerian banks ready for e-Commerce business” – Mrs. Ugochukwu

  In the estimation of Executive Director, Shared Services, Fidelity Bank Plc, Mrs. Chijioke Ugochukwu, who spoke with Festus Akanbi last week, the teething problems to e-payment mode of banking notwithstanding, Nigerian banks are better positioned to avail...

  • Posted June 30, 2014
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  Indigenous firms get N5.6bn oil contracts

  Nigerian companies were awarded contracts worth N5.63 ($34.1m) in the oil and gas sector in the first quarter this year, representing 90.7 per cent of the $37.65m contracts (N6.2bn) that should have gone to indigenous firms in...

  • Posted June 30, 2014
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