All posts tagged "headline"

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  Fidelity Bank grows profit after tax by 604%

  Fidelity Bank plc yesterday declared a profit after tax of N18.2 billion for its financial year ended December 31, 2012, just as it approved a dividend of 21 kobo per share to its shareholders. The bank’s profit...

  • Posted May 22, 2013
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  FAAN carries out further security checks at Abuja airport

  The Federal Airports Authority of Nigeria has introduced more security measures at the Nnamdi Azikiwe International Airport, Abuja, the News Agency of Nigeria has reported. Henrietta Yakubu, the FAAN spokesperson at the airport, told the NAN that...

  • Posted May 21, 2013
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  Jonathan challenges banks to fund infrastructure development

  President Goodluck Jonathan on Monday in Abuja challenged banks in the country to fund infrastructure development in Africa. The president speaking to the Group Chief Executive Officer and Managing Director of Ecobank Transnational Inc., Mr Thierry Tanoh,...

  • Posted May 21, 2013
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  IMF okays PIB; calls for early passage

  Global financial watchdog, the International Monetary Fund, IMF, has commended Nigeria’s Petroleum Industry Bill, PIB, saying, it “would boost investment, government revenue, and fiscal transparency.” The commendation was given in spite of varied criticisms by oil majors...

  • Posted May 21, 2013
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  Nigerian banks now IFRS compliant – CBN

  The Central Bank of Nigeria on Thursday said that all Deposit Money Banks in the country were now International Financial Reporting Standards compliant. The Deputy Governor, Financial Systems Stability, CBN, Mr. Kingsley Moghalu, said at the Ernst...

  • Posted May 21, 2013
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  BoA targets 30 million farmers with mobile money

  The Bank of Agriculture has entered into a partnership with Cellulant of Kenya to provide mobile money banking services to about 30 million Nigerian farmers. The move will enable farmers to enjoy broader base services by leveraging...

  • Posted May 21, 2013
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  Lagos commences work on Fourth Mainland Bridge

  The Lagos State Government has finally started a preliminary work on the Fourth Mainland Bridge. The 26-kilometre infrastructure would be designed to link Ikorodu to the state’s economic hub in Eti-Osa Local Government Area. The state Commissioner...

  • Posted May 20, 2013
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  NAMA’s automated aeronautical centres ready for test run in October

  Mr Ifeanyi Nwankwo of the Nigerian Airspace Management Agency (NAMA) on Sunday said that the test run of  NAMA’s automated Aeronautical Information Service (AIS) centres in Nigeria, would start in October. Nwankwo, Director, Directorate of Safety Electronics...

  • Posted May 20, 2013
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  No management contract with Rivers to operate aircraft – Caverton

  Caverton Helicopters has told  the House of Representative Committee on Aviation, and its counterpart on Justice that they had no management contract with Rivers State government to operate its aircraft and consequently could not have been under...

  • Posted May 20, 2013
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  Excess crude account drops to $5.27bn

  The Minister of State for Finance, Mr. Yerima Ngama, has said that the country’s Excess Crude Account (ECA) has dropped to $5.27billion. He made this known after the monthly Federal Accounts Allocation Committee(FAAC) meeting in Abuja. Following...

  • Posted May 20, 2013
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