All posts tagged "headline"

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  Adesina seeks more EU investment in Nigeria’s Agribusiness

  The Minister of Agriculture and Urban Development, Dr. Akinwumi Adesina, has urged the EU member states to pay more attention to investing in agribusiness in Nigeria, rather than focusing on granting Aids to the country to develop...

  • Posted October 10, 2013
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  Lawmaker commends ban on importation of foreign currencies

  Mr Rotimi Olowo, a member of the Lagos State House of Assembly (LAHA), on Wednesday commended the Central Bank of Nigeria (CBN) for banning the importation of foreign currencies. He said that the measure would curb security...

  • Posted October 10, 2013
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  Nigeria joins Alliance for Affordable Internet

  Nigeria has joined the Alliance for Affordable Internet, an organisation that aims to make the Internet more affordable in developing countries where the cost of access remains a barrier for majority of the populace. The alliance, which...

  • Posted October 10, 2013
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  Inadequate gas supply: ALSCON suffers $60m loss

  The Aluminium Smelter Company of Nigeria said it had lost about $60m due to inadequate gas supply to its facility at Ikot Abasi, Akwa Ibom State since the facility was restarted in 2008. According to the company,...

  • Posted October 10, 2013
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  Active telephone lines drop again by 5.6 million

  The number of active telephone lines in the country fell by 5,601,812 in July, according to the latest report by the Nigerian Communications Communication. The number of active subscribers is now 114,760,406. As of the end of...

  • Posted October 10, 2013
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  21 insurers fail to submit 2012 accounts to NAICOM

  In spite of the fact that section 26(1) of the Insurance Act 2003 stipulates that every insurer shall not later than 30th June of each year submit to the National Insurance Commission (NAICOM), a balance sheet duly audited...

  • Posted October 10, 2013
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  NSE management tasks FG, legislators on reviving capital market

  It was ordinarily an opportunity for the management of the Nigerian Stock Exchange (NSE) to bare its mind on the Chartered Institute of Securities and Investment Bill 2013, before the Senate Committee on Capital Market. But, it was...

  • Posted October 10, 2013
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  Dangote plans $34.7bn fresh investment in economy

  The President of Dangote Group, Alhaji Aliko Dangote, has said that the Group is poised to make an additional investment totaling $US 34.7 billion in the economy by 2017. He also said the cement arm of the...

  • Posted October 9, 2013
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  Nigeria ranks 4th in global oil supply outages

  WITH more than 200,000 barrels per day (bpd) of crude oil being lost to pipeline vandalism, crude oil theft and spills, Nigeria ranks fourth in the league of countries who contribute to global oil supply outages, estimates...

  • Posted October 9, 2013
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  ABCON supports CBN anti-money laundering measures

  Association of Bureaux De Change Operators of Nigeria (ABCON) said it  fully supports recent measures of the Central  Bank of Nigeria (CBN)  to check money laundering, and other malpractice in the foreign exchange market. Recently, the CBN...

  • Posted October 9, 2013
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