All posts tagged "headline"

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  Wema Bank posts N591m profit in three months

  Wema Bank Plc yesterday announced a profit before tax of N590 million for the first quarter(Q1) ended March 31, 2014, compared with a loss of N853 million in the corresponding period of 2013.  The result showed that...

  • Posted April 24, 2014
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  Ten stocks account for 71% of NSE capitalisation

  Ten stocks account for N9.173 trillion or 71 percent of the market capitalisation of the Nigerian equities market, THISDAY checks have revealed. The market capitalisation of the Nigerian Stock Exchange (NSE), which measures the value of stocks...

  • Posted April 24, 2014
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  Senate committee chides Discos for poor power supply

  The Chairman, Senate Committee on Power and Metallurgy, Senator Philip Aduda, has expressed dismay over the epileptic power supply in the country and lamented that despite the completion of the privatisation of the power sector last year,...

  • Posted April 24, 2014
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  Strike looms in power firms over job losses

  Investors in the power sector may be in for an industrial crisis as labour unions in the industry have threatened to fight moves by the firms to sack thousands of their workers. The unions specifically told our...

  • Posted April 24, 2014
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  NPA transfers 2,279 overtime containers to Ikorodu

  The Nigerian Ports Authority has said it has transferred 2,279 twenty-foot Equivalent Unit overtime containers from the Lagos Port Complex, Apapa, to the Ikorodu Lighter Terminal. The Assistant General Manager, Public Affairs, NPA, Mr. Musa Illiya, said...

  • Posted April 24, 2014
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  Agent blames Customs for inappropriate duty valuation

  A licensed customs agent, Mr. Uchu Block, has blamed the Nigeria Customs Service for inappropriate duty valuation on imported goods. Block made this known in an interview with the News Agency of Nigeria on Tuesday in Lagos. He said...

  • Posted April 24, 2014
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  NCRIB commences IFRS training for insurance brokers

  The umbrella body for insurance brokers in the country, Nigerian Council of Registered Insurance Brokers (NCRIB), has started a series of training to acquaint its members with the compliance requirements of the International Financial Reporting Standards (IFRS)....

  • Posted April 24, 2014
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  TUC accuses PENGASSAN president of instigating crisis

  The leadership of Trade Union Congress of Nigeria (TUC) has accused the President of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Babatunde Ogun, of instigating monumental crisis in the labour centre. About 14 affiliates...

  • Posted April 23, 2014
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  FG urged to establish Entrepreneurship Development Centers

  The Federal Government has been urged to establish more Entrepreneurship Development Centers (EDCs) across the country to improve access at affordable costs for aspiring or existing entrepreneurs. A director of the Central Bank of Nigeria (CBN), South...

  • Posted April 23, 2014
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  NCC moves for higher telecoms’ contribution to GDP

  The Nigerian Communications Commission is obviously excited by the latest report of a rebased Gross Domestic Product. The recently published rebased GDP figures have put the nation’s telecoms sector as a significant contributor to the country’s economy....

  • Posted April 23, 2014
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