Business and Economy
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DMO to release timeline for issuance of sovereign sukuk by Q3, 2016
The Debt Management Office (DMO) has stated that the much-anticipated timeline for the issuance of sovereign sukuk would be made…
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Gov. Wike calls for diversification of Nigeria’s economy
Rivers State Governor, Nyesom Ezenwo Wike, has called for sustained efforts to diversify the country’s economy following dwindling earnings from…
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Governors move to access $4.25bn World Bank funds; back petrol subsidy removal by FG; Ambode at NEC
Nigerian Governors under the aegis of the Nigerian Governors’ Forum (NGF) have expressed support for the increase in fuel price…
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Dickson cautions Niger Delta youths against destroying national assets; We need peace to operate optimally- Igo Weli, Shell GM
CHINEDU WOSU YENAGOA Bayelsa State Governor, Henry Seriake Dickson on Tuesday said that the resurgence of violence in the Niger…
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House of Reps Committee advocates more powers for DMO
The House of Representatives’ Committee on Aids, Loans and Debt Management has advocated more powers for the Debt Management Office…
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Senator Sirika unfolds road map for Aviation sector
Senator Hadi Sirika, Minister of State, Aviation has unfolded the road map for the sector at the Aviation Stakeholders Forum…
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Petrol price increase, sustainable transportation and alternative fuel for vehicles By Prof Chijioke Nwaozuzu
The Nigerian economy has borne the huge burden of subsidy payments on petroleum products. Massive importation of light petroleum products…
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ForexRally Nigeria rewards trader with new Toyota Hilux …Lavish others with prices
ForexRally Nigeria Limited, in keeping with its promise, on the 10th of May, redeemed its pledge when the highest point…
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Okonkwo returns as Fidelity Bank MD/CEO; Balarabe now DMD
Fidelity Bank Plc, has announced the resumption of office of Mr. Nnamdi Okonkwo as Managing Director of the bank, just…
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Driving capital projects financing with borrowed funds
The Debt Management Office (DMO) Nigeria, has given indication of living up to public expectations in mobilizing capital projects development…
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Power sector: Fashola’s new approach BY UCHE ANEKE
Barely a week ago, at an event in Lagos which was a public lecture, the Minister of Power, Works and…
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FG: We are developing framework to mobilise revenue from non-oil sector
The Federal Government Thursday indicated its resolve to ensure the nation’s tax system reflects the commercial activity levels in Nigeria.…
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Overview of the 2016 Budget and the Strategic Implementation Plan for 2016 Budget of Change
By SENATOR UDOMA UDO UDOMA, Honourable Minister of Budget and National Planning 12TH MAY 2016 PROTOCOLS 1. It is my…
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Low tax contribution to GDP worries DMO; Assures that nation’s debt level is highly sustainable
The Debt Management Office (DMO) has expressed worry over the declining tax revenue contribution to the Gross Domestic Product (GDP)…
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Sterling Bank distances self from slush deals
Sterling Bank Plc has clarified issues surrounding the intrusion of its head office in Lagos last week by the Economic…
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Oshiomhole squandered over N1trn on inflated projects nearly eight yrs in office — Ize-Iyamu
Opposition Peoples Democratic Party (PDP), governorship aspirant in Edo State, Pastor Osagie Ize-Iyamu, has claimed that the Governor Adams Oshiomhole-…
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BAFM: Integrating African Stock Exchanges for enhanced performance
Recently, the Nigerian Stock Exchange (NSE) and the African Securities Exchanges Association (ASEA) reinforced the need for further advancement of…
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Lagos rakes in N101.69bn in First Quarter of 2016 …Declares N4.85bn surplus revenue …Partners Japanese agency on N300bn Marina-Ikoyi-Lekki monorail project
The Lagos State Government generated a total revenue of N101.69bn in the first quarter of 2016 out of which a…
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Airtel unveils flagship Expo Centre in Lagos
Leading telecommunications services provider, Airtel Nigeria, has commissioned its Expo Centre, a fully automated service hub located at 47, Adeola…
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FG set to borrow $527.9m in bonds, May 11 – DMO; as CBN rakes in N150.6bn in Treasury bills sale
Federal Government is planning to borrow the sum of ($527.9m) representing N105bn in local currency denominated bonds on May 11,…
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Red Star Express appoints new EDs, MDs for subsidiaries
In its bid to offer more comprehensive logistics solutions that will enhance clients’ optimal satisfaction and reposition the brand to…
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Sokoto Govt, Bank of Industry float N2b industrial development fund
Sokoto state government has signed a Memorandum of Understanding with the Bank of industry, BoI, for the establishment of a…
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