All posts tagged "headline"

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  Standard and Poor rates Nigerian economy ‘stable’ – Okonjo-Iweala

  Standard & Poor (S&P), an American financial services company, has said that the Nigerian economy remains strong with a stable macro-economic outlook, confirming Fitch’s 2012 ratings. Okojon-Iweala, who doubles as the Minister for Finance and the Coordinating...

  • Posted October 13, 2013
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  Only new trucks will access Lagos port next year – NPA

  Management of the Nigerian Ports Authority (NPA) is engaging some private partners that will operate a consolidated truck management system, whereby only new trucks will have access to the seaports from next year. Port manager, Lagos Ports Complex...

  • Posted October 13, 2013
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  GCR rates Ecobank Nigeria A-(NG)

  The Global Credit Ratings (GCR), a rating agency, has upgraded the long-term national scale and affirmed the short term national scale issuer ratings assigned to Ecobank Nigeria to A-(NG) and A2 (NG) respectively. This implies that Ecobank...

  • Posted October 13, 2013
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  UBA partners firm on e-Payment solution

  The United Bank for Africa Plc (UBA) Thursday revealed a new partnership with Netplus Advisory Limited to deploy secured e-payment solution for U-mall, a new e-commerce platform that has been launched in Lagos. U-mall is a revolutionary...

  • Posted October 13, 2013
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  Central Bank sells N132bn treasury bills

  The Central Bank of Nigeria (CBN) sold N131.82 billion worth of treasury bills on Thursday, with maturities ranging between three months and one year with yields broadly flat, compared with the previous auction. According to the Financial...

  • Posted October 13, 2013
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  Forte Oil partners MTN on customer service kiosks

  Forte Oil Plc, a major marketer of refined petroleum products, has announced that it has reached a partnership agreement with telecoms giant, MTN Nigeria, to jointly improve customers’ experience through the provision of Walk In Service Everywhere...

  • Posted October 13, 2013
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  NATCA advocates air safety in Nigeria

  In a bid to ensure safety in Nigeria airspace, the Nigerian Air Traffic Controllers Association (NATCA) has called for improvement in communications and surveillance facilities across the country Air Traffic Control Units (ATCU) to boost and sustain air...

  • Posted October 12, 2013
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  PENGASSAN threatens strike over oil block sale

  The Petroleum and Natural Gas Senior Staff Association of Nigeria has threatened to shut down the oil and gas industry due to the divestment by oil companies in the industry without settling all labour issues. It accused...

  • Posted October 12, 2013
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  Nigeria’s unemployment rate rises to 23.9% — NPC

  The National Population Commission has said that the rate of unemployment in Nigeria rose from 21.1 per cent in 2010 to 23.9 per cent in 2011. The NPC, in the latest report on its website, said the...

  • Posted October 12, 2013
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  IFC to finance Nigeria’s $5bn gas pipeline project

  The Federal Government is in talks with the International Finance Corporation to help to fund a national gas-pipeline network for the supply of power stations and industries. Bloomberg on Thursday quoted the Minister of Petroleum, Mrs. Diezani Alison-Madueke,...

  • Posted October 12, 2013
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