All posts tagged "headline"

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  FCTA remitted N3.2bn to PENCOM in 2013 – Minister

  The FCT Administration remitted N3.2 billion to National Pension Commission in 2013, a statement said in Abuja on Friday. The statement, signed by Mr Muhammad Sule, the Chief Press Secretary to the FCT Minister, said the remittance...

  • Posted February 9, 2014
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  FG urged to ban exportation of scrap metals

  The Federal Government has been urged to protect the aluminium extrusion and steel industry by putting a stop to exportation of scrap metals, as it is hindering growth in the sector. Managing Director/CEO, Tower Aluminium Nig. Plc,...

  • Posted February 9, 2014
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  Global economy loses $6b annually to counterfeit mobile phones

  While the global economy loses about $6 billion annually to the menace of counterfeit phones coming through the grey market, according to latest  Mobile Manufacturers Forum, (MMF),  report, Samsung Electronics has said that it would  deepen partnership...

  • Posted February 9, 2014
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  Japan backs Nigeria’s quest to make own vehicles

  THE Japanese Ambassador to Nigeria, Mr. Ryuichi Shoji, has  assured that  his country was ready to support  Nigeria’s  Automobile Development Plan. Shoji  said his country would also provide  facilities  to aid the development of education in  Nigeria....

  • Posted February 9, 2014
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  CBN releases fresh guidelines for forex dealers

  The Central Bank of Nigeria has released a new directive, asking authorised dealers in foreign exchange to fund a newly opened special account in the central bank two days before the weekly auctions on Monday and Wednesday....

  • Posted February 8, 2014
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  Pan African Venture: Elumelu Foundation donates $150,000

  In its support for growth in Africa , Tony Elumelu Foundation has made a commitment to back the emergent African development initiative. Following the convening of the African Union Heads of State Summit in Addis Ababa ,...

  • Posted February 8, 2014
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  Nigerians protest electricity billing system, exorbitant bills

  A cross-section of Nigerians on Friday appealed to the nation’s electricity generation and distribution companies to make energy consumption people-friendly. They said that their expectations after the unbundling of the defunct Power Holding Company of Nigeria (PHCN)...

  • Posted February 8, 2014
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  GE, BoI pledge $500m support for SMEs

  General Electric and the Bank of Industry have agreed to a $500m funding support for small and medium-sized enterprises in the area of infrastructure provision. Both parties said in a joint statement on Thursday that the new...

  • Posted February 8, 2014
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  Senators’ comments on budget inaccurate – Okonjo-Iweala

  The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Thursday faulted the debate on the 2014 budget by some senators. The minister stated that the debate was not only personalised, but was also based on inaccurate information. She...

  • Posted February 8, 2014
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  Falana demands audit of NNPC accounts

  A Lagos-based lawyer, Mr. Femi Falana (SAN), has called for a proper auditing of the accounts of the Nigerian National Petroleum Corporation following allegations by the Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, that...

  • Posted February 8, 2014
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