All posts tagged "headline"

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  We are still doing business with over 100 concessionaires – FAAN

  The Federal Airports Authority of Nigeria (FAAN) says contrary to insinuations that it is not investor-friendly, especially going by its habit of pulling out of contractual agreements, the agency said it currently has mutually beneficial business relationship...

  • Posted July 7, 2013
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  Scarcity of N5, N10, N20, N50 threatens informal sector

  The informal sector of the Nigerian economy is under threat as a result of shortage in supply of the lower naira denominations such as N5, N10, N20 and N50, Saturday Independent investigations has revealed. The shortage of...

  • Posted July 7, 2013
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  Zenith leads 12 other Nigerian banks in world top 1000

  Zenith Bank tops Nigerian banks in this year’s Top 1000 World Banks Ranking of The Banker Magazine of the Financial Times Group, London, United Kingdom. The 13 banks that made the ranking are Zenith Bank, First Bank,...

  • Posted July 7, 2013
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  Reps coming with law to enforce early budget submission

  Speaker of the House of Representatives, Mr. Aminu Tambuwal has emphasised the need for a budget law that will address the anomalies currently recorded in the budgeting process and also prevent a recurrence of the rancour between...

  • Posted July 7, 2013
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  SEC okays Conoil, NB shares, 15 others for margin lending

  The Securities and Exchange Commission, SEC, has approved   the shares of Conoil Plc, Nigerian Breweries (NB) Plc and that of 15 other quoted companies on the Nigerian Stock Exchange , NSE, to be used by investors for  ...

  • Posted July 6, 2013
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  Investment in free zones hits N1.6trn – NEPZA

  Managing Director, Nigeria Export Processing Zones Authority, NEPZA, Mr.Oluwagbemiga Kuye has put the total investment generated in the nation’s free zone at N1.6 trillion ($10billion). Kuye also stated that with the new drive and the various reforms...

  • Posted July 6, 2013
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  FG to earn $1.37bn from cassava chips exports

  The Minister of Agriculture, Dr Akinnwnmi Adeshina,  has said that Nigeria will this year, earn between $802 million to $1.37 billion as exports of dried cassava chips to China and Europe, adding that Nigeria’s earnings increased by N759...

  • Posted July 6, 2013
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  Oando shareholders to get N5.1bn dividend

  Oando Plc, listed on both the Nigerian and Johannesburg Stock Exchanges, has concluded arrangement to pay a dividend of N5.1 billion for the year ended December 31, 2012. Information available to Vanguard revealed that the dividend, which...

  • Posted July 6, 2013
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  Budget impasse: We will not compromise the interest of Nigerians -Tambuwal

  SPEAKER of the Federal House of Representatives, Aminu Tambuwal, Friday, declared that the National Assembly will not compromise the interest of Nigerians in the ongoing impasse between the Federal Government and the National Assembly over the 2013...

  • Posted July 6, 2013
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  India now leads America in purchase of Nigeria crude oil

  Recent statistics have shown that the Government of India now leads the United States of America in the purchase of crude oil from Nigeria. India High Commissioner in Nigeria Mr Mahesh Sachdev who disclosed this when he paid...

  • Posted July 5, 2013
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