All posts tagged "headline"

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  Senate commences amendment of 2013 budget

  After weeks of delays, the Senate has finally scheduled to begin the process of amending the 2013 Appropriation Act on Wednesday (today). Given that the bill was read for the first time when President Goodluck Jonathan’s letter...

  • Posted May 8, 2013
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  Reps query CBN for renovating office with N2.8billion

  The Public Accounts Committee of the House of Representatives on Tuesday queried several expenditure incurred by the Central Bank of Nigeria totalling N4.7bn, especially the renovation of its Port Harcourt branch with N2.8bn. The committee, which is...

  • Posted May 8, 2013
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  Workers insist on 10% equity in PHCN

  WORKERS in the nation’s electricity sector,  have insisted that they will not forgo the 10 percent equity share in the assets of the Power Holding Company of Nigeria, PHCN, being privatized by the Federal Government in accordance...

  • Posted May 8, 2013
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  Federal Government to sanction airline for non-scheduled flights

  The Federal Government has announced that it plans to sanction airline operators who engage in non-scheduled flights, pick up of passengers for local and international flight without appropriate clearances from relevant government agencies henceforth. The Senior Special...

  • Posted May 8, 2013
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  JTB plans fresh law on multiple taxes

  The Joint Tax Board has begun fresh moves to address the multiplicity of taxes as it has concluded plans to send a proposal to the National Assembly to that effect. The bill will enable the tax authorities...

  • Posted May 7, 2013
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  Osun expends N3billion on electricity

  The Special Adviser on Rural Development to the Osun State Governor, Mr. Kunle Ige, has said that over N3bn has been spent by the Rauf Aregbesola administration to provide electricity for rural communities in the state. Ige...

  • Posted May 7, 2013
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  Publicly-quoted companies struggle to migrate to IFRS

  Some publicly-quoted companies due to release their financial year-end results in the International Financial Reporting Standards format are struggling to migrate, our correspondent has gathered. The Financial Reporting Council had issued a directive to all publicly-quoted companies...

  • Posted May 7, 2013
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  FG to provide subsidy for Kebbi rice farmers

  The Minister of Agriculture, Dr. Akinwumi Adesina, has said the Federal Government will provide subsidy for rice farmers in Kebbi State to improve commercial production of the crop. Adesina said this in Suru Local Government Area of...

  • Posted May 7, 2013
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  Nigeria to get more loans from World Bank

  Nigeria will soon be eligible for more funds from the World Bank, the bank’s Country Director for Nigeria, Ms. Marie-Francois Marie-Nelly, has said. Speaking to newsmen in Abuja on Monday, Marie-Nelly said the bank had resolved to...

  • Posted May 7, 2013
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  NIMASA lifts blockade on NLNG

  There was relief for gas-dependent sectors of the economy on Sunday after the National Security Adviser,  Col. Sambo Dasuki (retd) and two ministers intervened in the feud between the Nigerian Maritime Administration and Safety Agency and the...

  • Posted May 6, 2013
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