All posts tagged "headline"

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  FG to transfer part of N757Bn PHCN legacy debts to DMO

  The federal government has disclosed its plans to transfer all legacy debts that arose from foreign loans that were left behind by defunct Power Holding Company of Nigeria (PHCN) to the Debt Management Office (DMO) for cancellation....

  • Posted April 15, 2014
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  Agric sector not performing to capacity – NDDC boss

  THE Managing Director, Niger Delta Development Commission, Mr. Bassey Dan-Abia, says the Nigeria’s agricultural sector has yet to perform to its capacity. Dan-Abia said though agriculture had contributed to the nation’s current Gross Domestic Product, which placed...

  • Posted April 15, 2014
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  Oil revenue crashed by 19.8% in January — CBN

  The nation’s oil revenue fell by 19.8 per cent in January 2014 compared to the corresponding period last year, according to the latest statistics from the Central Bank of Nigeria. While attributing the fall to the decline...

  • Posted April 15, 2014
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  Premium Pension signs fund management pact with Niger

  Premium Pension Limited has signed a portfolio management agreement with the Niger State Government, which confers on it the authority and responsibility of managing the state’s Retirement Redemption Bond Fund. A statement from Head, Corporate Communication, Mr....

  • Posted April 15, 2014
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  Mansard records N13.6bn premium

  Mansard Insurance Plc said that its gross written premium rose by nine per cent from N12.44bn in 2012 to N13.59bn in 2013. A statement from the firm on Sunday said its net premium income rose by six...

  • Posted April 15, 2014
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  World Bank predicts 7.8% growth in remittances to developing economies in 2014

  The World Bank Group has predicted that remittance flow to developing countries will rise 7.8 per cent to $436 billion in 2014 from the 2013 volume of $404 billion. This forecast is contained in the bank’s latest...

  • Posted April 15, 2014
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  Nigeria: Huge economy amid widespread poverty – CIBN boss

  Mr. Abolade Isaac Agboola is the Chairman, Lagos State Branch of the Chartered Institute of Bankers of Nigeria (CIBN). An investment banker, he is also the Executive Director, CashCraft Asset Management Limited. He speaks in this interview,...

  • Posted April 14, 2014
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  Local rice: Nigeria to make N360bn

  Ekiti State can make N6billion annually from the production of rice while N360billion accrues to Nigeria every year. Ekiti State is one of the leading 13 rice producing states in the country,and was leading in the first...

  • Posted April 14, 2014
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  Nigeria is one of world’s most significant power markets – Bolze

  President and Chief Executive Officer of GE Power and Water, Stephen Bolze, speaks with Kunle Aderinokun about the company’s operations in Nigeria and what to expect in terms of power in the country within the next few...

  • Posted April 14, 2014
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  Deposit mobilisation yields dividends

  Stung by the increasingly tight monetary policy measures of the Central Bank of Nigeria, which manifested in the hike in cash reserve requirement for banks and the sterilisation of a huge public sector funds, a number of...

  • Posted April 14, 2014
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