All posts tagged "headline"

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  FG orders sack of 20,000 PHCN workers

  THE Federal Government has ordered the retrenchment of no fewer than 20,000 workers of the Power Holding Company of Nigeria, PHCN, ahead of takeover by successful bidders of its assets. Vanguard gathered that the Bureau for Public Enterprises,...

  • Posted April 29, 2013
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  Obasanjo tackles Jonathan on proposed pipeline protection

  Former President Olusegun Obasanjo, Sunday, faulted move by the Federal Government to set up an agency for pipeline protection, saying it was another way of stealing from the government coffers. Obasanjo who spoke at a thanksgiving at...

  • Posted April 29, 2013
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  Foreign remittances to Nigeria hit $21bn

  Nigeria and five other countries have been named by the World Bank as top recipients of global remittances in 2012. A report released by the bank said; ”The top recipients of officially recorded remittances for 2012 are India...

  • Posted April 29, 2013
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  NSE All-Share Index rises by 0.50% in one week

  The value of investors’ equities listed on the Nigerian Stock Exchange, NSE, recorded an appreciation last week with the key market indicators rising by 0.5 per cent. The NSE All-Share Index rose by 165.11 basis points or...

  • Posted April 29, 2013
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  Customs admits revenue leakages, as waivers threaten N1.4tr revenue target

  Revenue leakages in the system, duty waivers and concessions granted by the Federal Government now pose serious threat to achievement of the N1. 4 trillion revenue target set for the Nigeria Customs Service for the 2013 fiscal year....

  • Posted April 28, 2013
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  Domestic airlines to dump long-haul aircraft

  Domestic airlines are tinkering with the idea of cutting down the number of large planes in their fleets due to soaring operation costs, SUNDAY PUNCH learnt on Friday. This is coming against the backdrop of experts analysis that large...

  • Posted April 28, 2013
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  FG partners Bayelsa State on water provision

  The Federal Government has announced its readiness to partner Bayelsa State to ensure adequate provision of safe water for residents of the state. The Minister of Water Resources, Mrs. Sarah Ochekpe, stated this when she received the...

  • Posted April 28, 2013
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  Number portability: Mobile phone dealers fear low sales

  Mobile phone dealers and retailers may see a drop in their sales figures following the commencement of the mobile number portability scheme. Some of the players, who spoke to our correspondent on Thursday, were of the opinion...

  • Posted April 28, 2013
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  Cleric warns against taxation of churches

  Founder of Cherubim Seraphim, Success Gate Inc, Akure, Ondo State, Primate Ademisokun Turton has cautioned against the imposition of taxes on churches by the Federal Government, arguing that such move will have adverse effects on the citizenry...

  • Posted April 28, 2013
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  SEC gives investors June 3 deadline to submit bank details

  Worried by the alarming growth rate of unclaimed dividends among quoted companies in the country, the Securities & Exchange Commission (SEC) has directed shareholders and investors of public compani3es to forward their bank account details to their registrars...

  • Posted April 27, 2013
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