Business and Economy

Obi prescribes better way to spend Paris Club Refund

  The former Governor of Anambra State, Mr. Peter Obi, has opposed the use of the Paris Club refunds to…

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ISPS Code implementation : NIMASA DG assures of international best practices; Biometric ID card now compulsory for Port operations

      In spite of the success recorded in the Implementation of the International Ship and Port Facility Security (ISPS)…

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FOREX: CBN offers $100m…dealers fear further dollar crash

The Central Bank of Nigeria (CBN) on Thursday, March 23, 2017 offered the sum of $100 million to meet the…

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NDDC MD urge Niger Delta youths to emulate PANDEF on acceptable leadership * Commission to establish Niger Delta Devt Bank

The Managing Director/Chief Executive Officer of the Niger Delta Development Commission (NDDC), Mr. Nsima Ekere, has called on Niger Delta…

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Collaborate with state govts, host communities, Federal Govt. urges mining operators

  The Federal Government has urged operators in the mining sector to collaborate with state governments and the host communities…

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Mutual Benefits Assurance Plc assures of safety of customers’ funds, investments; Insists on zero tolerance for fraud

 Leading insurance company, Mutual Benefits Assurance Plc, has reassured that it has zero tolerance for fraud and would do everything…

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DMO and Strategy for Economic Recovery By Olu, Isaac

Perhaps at no time in the history of Nigeria has the Federal Government come under such intense pressure to deliver…

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CBN’s MPC retains interest rate at 14 percent; Blames adverse external and domestic conditions for complicated policy environment

The Central Bank of Nigeria, CBN, has risen from its Monetary Policy Committee meeting with the decision to retain the…

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Sokoto to recruit more agric extension workers

  Governor Aminu Waziri Tambuwal has given approval for the recruitment of additional extension workers to increase manpower and expertise…

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Paris Club refunds: Disbursement process is transparent – Adeosun

  The Minister of Finance has deemed it necessary to address the issue of Paris Club refunds and wishes to…

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FOREX: CBN lifts supply with $180m…invisibles get $80m

   The Central Bank of Nigeria (CBN) on Monday, March 20, 2017 offered a total of $180 million to meet…

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Expression of interest for bitumen to commence by June- Fayemi

 Expression of interest by prospective investors in the country’s bitumen project would commence within the next three months, the Minister…

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Fashola assures of payment of debts incurred by State govts. on reconstruction of federal roads

  Works, Housing and Power Minister, Mr. Babatunde Fashola has assured that the Federal Government has begun the process of…

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FG moves to halt export of unprocessed minerals – Minister

The Federal Government has commenced moves aimed at making it an offence for anyone to take unprocessed minerals out of…

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NLNG positioned to grow into global shipping leader-Capt Okesanjo.

Nigeria LNG Limited’s (NLNG)shipping operation is relying on the strategic deployment of skills and technology to power its transformation into…

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FOREX: CBN offers, receives bids for $100m

   The Central Bank of Nigeria (CBN) says it has offered and received bids for $100 million from authorized dealers…

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NDDC sets up Committee on Corruption Charges … To hold investigative hearing

The Niger Delta Development Commission, NDDC, will hold an investigative hearing to unravel cases of allegations of corruption and racketeering…

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Money Laundering: EFCC arraigns ex-NNPC GMD, Yakubu for $9.8m

The Economic and Financial Crimes Commission, EFCC, on Thursday, March 16, 2017 arraigned Andrew Yakubu, a former Group Managing Director,…

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NIQS Appoints New Executive Secretary

The Nigerian Institute of Quantity Surveyors (NIQS) has appointed Mr. Danladi Mohammed Ndayebo as its new Executive Secretary. This is…

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Mining: Local operators to benefit from N30 billion intervention fund – Minister

The Minister of Mines and Steel Development, Dr Kayode Fayemi has said that the ministry would commit part of the…

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NASS-NCS impasse: NCS suspends motor duty payment

The Nigeria Customs Service, NCS, has announced suspension of the planned motor duty payment which has pitched it against the…

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