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All posts tagged "headline"

  • Reserved bidder sues BPE, NCP over Enugu Disco

    Eastern Electric, the reserve bidder for the Enugu Electricity Distribution Company, has sued the Bureau of Public Enterprises and the National Council on Privatisation to enforce its right to acquire 60 per cent stake in the power...

    • Posted September 19, 2013
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  • CIBN seeks special intervention fund for real, agric sectors

    The Chartered Institute of Bankers of Nigeria (CIBN) has called on the Federal Government to intensify the implementation of infrastructure development programmes and provide special intervention funds for real and agricultural sectors in order to ensure the...

    • Posted September 19, 2013
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  • Stock Market watch: Market cap loses N23billion on Wednesday

    The bearish trend continued at the stock market on Wednesday with the market capitalisation of the listed entities losing N23 billion or 0.20 percent to close at N11.392 trillion as against Tuesday’s N11.415 trillion mark. The All...

    • Posted September 18, 2013
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  • NSE trains 627 stockbrokers in preparation for New Trading Platform Launch

    The Nigerian Stock Exchange, NSE, has concluded training of over 627 stockbrokers in preparation for the Q3 2013 launch of its new Trading Platform, the X-Gen. It was gathered that the training sessions were spread across various...

    • Posted September 18, 2013
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  • Nigeria, France to set up trade, investment council

    The Federal Government on Monday began moves towards setting up the Franco-Nigeria Trade and Investment Council. Both countries have also agreed to collaborate in order to develop their respective Small and Medium-scale Enterprises. The FNIC, according to...

    • Posted September 18, 2013
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  • Eko Atlantic city to have 1,200 high-rise buildings – Fashola

    Governor Babatunde Fashola of Lagos state Tuesday reiterated the commitment of his administration to reduce the housing deficit in the state, saying “not less than 1, 200 high-rise buildings will be erected in the ongoing Eko Atlantic...

    • Posted September 18, 2013
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  • Shell reopens 150,000bpd vandalised pipeline

    Royal Dutch Shell reopened its 150,000 barrel per day Trans Niger pipeline in Nigeria, which was shut for nearly two months, it was learnt on Monday. This has lifted crude oil production, which has been fluctuating between...

    • Posted September 18, 2013
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  • USADF, General Electric commit $2m to electrify communities off national grid

    Determined to help address power inadequacy in the country, the United State Africa Development Foundation, USADF, and General Electric, GE, have committed $2 million to supply electricity to rural and urban communities not covered by the national...

    • Posted September 18, 2013
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  • RTGS: CBN to stop picking shortfalls for banks

    The Central Bank of Nigeria on Monday said it would, by December 2016, remove its implicit role of ‘lender of last resort’ for the Real Time Gross Settlement System. The central bank boss, Mr. Lamido Sanusi, said...

    • Posted September 18, 2013
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  • Oil earnings dip by N36bn in Q2

    The contribution of the oil and gas sector to the Nigerian economy declined significantly in the second quarter of 2013, as revenue accruable to the Federal Government from the sector dipped by N35.7 billion. The Central Bank...

    • Posted September 18, 2013
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