All posts tagged "headline"

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  Fitch affirms Stanbic IBTC’s ‘AAA(nga)’ rating

  Fitch Ratings has affirmed Stanbic IBTC Holding Company Plc’s national long-term rating at ‘AAA(nga)’ and national short-term rating at ‘F1+(nga)’. The affirmation, according to a statement, followed the global rating agency’s rating action on South African banks...

  • Posted June 22, 2014
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  Nigeria is important market – Renault

  French auto maker has set up shop in Nigeria, through a new dealership with Dana Cars and Services Limited. At the launch of the auto maker’s special project known as Renault-Drive-the-Change in Nigeria, recently, the Vice President,...

  • Posted June 22, 2014
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  Non-performing coal licences to be revoked – FG

  The federal government yesterday sternly warned that it would revoke non-performing coal licences. The National Council on Privatisation held a meeting with Vice President Namadi Sambo at the Presidential Villa, where the warning was issued to those...

  • Posted June 22, 2014
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  World Bank approves $495m to boost food, job creation

  The World Bank’s Board of Executive Directors yesterday approved a $495.3 million-credit to improve farmers’ access to irrigation and drainage services in the country. The intervention under the International Development Association (IDA) would also help to strengthen...

  • Posted June 22, 2014
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  Financial literacy will boost market participation – Experts

  The level of financial literacy among Nigerians plays a very important plays a major part in determining the number of retail investors that participate in the capital market. The President, David Graduate School, Mr. Tunde Adeyemi, said...

  • Posted June 22, 2014
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  India replaces US as largest importer of Nigeria’s crude

  The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that India had displaced Nigeria’s longest and largest crude oil importer, the United States of America (USA) from its status as the top importer of Nigeria’s crude. The NNPC...

  • Posted June 21, 2014
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  NSE to review composition of market indices

  The Nigerian Stock Exchange (NSE) 30 Index, NSE 50 Index and the other five sectoral indices will be reviewed at the end of this month, the exchange said yesterday. The five sectoral indices are: NSE Banking, NSE...

  • Posted June 21, 2014
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  FG releases N200bn for Q2 capital projects

  The Federal Government on Thursday released the sum of N200bn to its Ministries, Departments and Agencies for the implementation of the second quarter capital projects contained in the 2014 budget. The development was confirmed by the Minister...

  • Posted June 21, 2014
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  Contractors give ExxonMobil 14 days to address alleged discriminatory contract awards

  Indigenous contractors working for ExxonMobil Unlimited in Eket, Akwa Ibom, on Thursday gave the company 14 days to address lingering issue of discrimination against them in the award of contracts. The News Agency of Nigeria (NAN) reported...

  • Posted June 21, 2014
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  BA to acquire 72 aircraft to boost flight operations in Nigeria, others

  British Airways (BA), yesterday said it would soon I acquire 72 new aircraft, to boost its flight operations in Africa, particularly in Nigeria. BA Country Commercial Manager for West Africa, Kola Olayinka, told journalists at a news...

  • Posted June 21, 2014
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