All posts tagged "headline"

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  Guaranty Trust Bank begins Kenya operations

  Guaranty Trust Bank will open its outlets over the weekend and even deliver cash at home for Kenyan depositors, its chief executive said. The bank is aiming to win market share in one of the toughest markets...

  • Posted February 5, 2014
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  $20bn crude sales by NNPC not in Federation Account – Sanusi

  The Central Bank of Nigeria Governor, Mr. Lamido Sanusi, on Tuesday raised a fresh alarm that the Nigerian National Petroleum Corporation had yet to repatriate to the Federation Account, a sum of $20bn out of the $67bn...

  • Posted February 5, 2014
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  Oando awaits approval for $1.55bn ConocoPhillips acquisition

  Oando Plc, an indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchanges, says it has met all the financial considerations for the acquisition of the $1.55bn ConocoPhillips’ Nigerian assets. The company, in a statement...

  • Posted February 4, 2014
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  5 African start-ups to get grants from Microsoft 4Africa

  Committed to helping Africa improve its global competitiveness, the software giant, Microsoft Corp. has said that five African startups from Nigeria, Uganda and Kenya will get innovation grants designed to provide the financial support needed to cross...

  • Posted February 4, 2014
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  Shortage of low currency denominations hits small businesses

  The shortage of lower denominations of the nation’s currency in circulation has impacted negatively on small businesses in Port Harcourt, the News Agency of Nigeria (NAN) reports. Investigations by NAN in Port Harcourt shows that N20, N50 and N100 denominations were in short supply. The investigation shows...

  • Posted February 4, 2014
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  WTO seeks transparency in Nigeria’s trade policies

  The World Trade Organisation has called on the Federal Government to ensure transparency and inclusiveness in the formulation and implementation process of the country’s trade policies. The Deputy Director-General, WTO, Ambassador Yonov Agah, stated this on Saturday,...

  • Posted February 4, 2014
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  Subsidy on electricity not necessary – FG

  The Federal Government has said it is not right to continue to subsidise electricity consumption by the citizens. According to the government, the power sector has been characterised by a series of challenges that require huge financial...

  • Posted February 4, 2014
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  Mainstreet, Keystone banks’ sale unlikely this year –AMCON

  The Asset Management Corporation of Nigeria has made a U-turn over its proposal to sell three rescued banks this year, saying it is not realistic to conclude all the deals in 2014. The rescued or bridge banks...

  • Posted February 4, 2014
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  South African tourism berths in Lagos

  South African Tourism and by extension South Africa underlined the importance placed on Nigerian tourists by opening their first marketing office on the African continent in Lagos. The rainbow nation’s Tourism Minister, Mr Marthinus van Schalkwyk, along...

  • Posted February 3, 2014
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  Crisis looms in shipping sector as auto policy takes effect

  Freight forwarders who are protesting the new auto policy that takes effect this month have threatened industrial action against government, arguing that the regime of President Olusegun Obasanjo had in 1999 at a stakeholders’ meeting exercised caution...

  • Posted February 3, 2014
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