All posts tagged "headline"

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  NERC to assess power firms’ performance June ending

  The National Electricity Regulatory Commission will commence its planned assessment of the power distribution, generation and transmission companies by the end of this month. The planned assessment is, however, causing panic in the sector, especially for power...

  • Posted June 21, 2014
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  Skye Bank supports SMEs, alternative securities market

  The Group Managing Director and Chief Executive Officer designate of Skye Bank Plc, Mr. Timothy Oguntayo, has expressed support for the development of the Nigerian Stock Exchange’s Alternative Securities Market, a specialised board of the Exchange for...

  • Posted June 21, 2014
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  Wapic, Oasis Insurance release full-year results

  WAPIC Insurance Company Plc and Oasis Insurance Company Plc have released their audited financial accounts for the 2013 financial year. Wapic Insurance’s consolidated financial statements for the year ended December 31, 2013, showed that the company grew...

  • Posted June 21, 2014
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  Alison-Madueke appeals to labour unions over PIB

  The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has urged trade unions and other critics of the Petroleum Industry Bill to prepare for the changes that will be brought about when it is eventually passed. The minister,...

  • Posted June 21, 2014
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  Minister calls on private sector to invest in infrastructure in aviation industry

  The Supervising Minister of Aviation, Dr. Samuel Ortom, yesterday called on the private sector to invest in infrastructure development projects in the aviation sector to grow the nation’s  economy. Ortom, who made the call in an interview...

  • Posted June 21, 2014
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  GDP rebasing to support Nigeria’s Vision 20:2020 – Emefiele

  The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said the recent rebasing of the country’s gross domestic product (GDP) will support its quest to be among the top 20 nations by 2020. According to...

  • Posted June 20, 2014
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  Fitch rates Access Bank’s Tier 2 Note Issue ‘B-‘

  Global rating agency, Fitch Ratings has assigned Access Bank’s $400 million subordinated debt (Tier 2 notes) a final rating of ‘B-‘ and Recovery Rating of ‘RR6’. The notes, issued directly through the bank, have a coupon set...

  • Posted June 20, 2014
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  International money transfers must be in naira — CBN

  The Central Bank of Nigeria has unveiled guidelines to regulate international money transfer services in the country. The 19-page document, posted on the central bank website on Wednesday, is meant to ensure that money transfer services companies,...

  • Posted June 20, 2014
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  Shareholders lament N53.52bn banks’ levy to AMCON

  Eight commercial banks contributed N53.52 billion to the Asset Management Corporation of Nigeria’s (AMCON’s) sinking fund in 2013. Checks by the News Agency of Nigeria (NAN) indicated that the banks were Zenith Bank Plc, Union Bank of...

  • Posted June 20, 2014
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  N28tn invested by private sector between 2010 and 2013 – FG

  The federal government yesterday disclosed that  Nigeria had surpassed its investment projection by over 100 per cent between 2010 and 2013. The Minister of Information, Labaran Maku, made the disclosure  while briefing State House correspondents after the...

  • Posted June 20, 2014
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