UN Special Rapporteur on the Right to Food, Hilal Elver, has warned that as Ebola continues to ravage West Africa, the region…
Category:
Economy
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The Federal Government says it looses $10billion (N1.7trillion) annually to fraudulent practices in the award of contracts and project reviews. The Director-General…
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President/Chief Executive, Dangote Industries Ltd, Aliko Dangote has been ranked among the World’s most powerful 72 people by Forbes Magazine. The continent’s…
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With the incorporation of ARCO Group Plc Arco Petrochemical Engineering Company will now formally cease to exist. The newly incorporated Arco Maintenance…
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The Pension Fund Operators Association of Nigeria, PenOp, says it is set to launch its Electronic Pension Contribution Collection system, EPCOS, from…
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The Federal Government’s Transformation Agenda for the economy has attracted $59.6 billion foreign direct investments (fdi) into the country from all over…
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Of the 59 insurance companies operating in the country, only about a dozen are complying with laid down rules and regulations that…
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BusinessEconomyFinanceNews
Nigeria’s foreign reserve now $38 b – Okonjo-Iweala …says economy stable, growing, in spite of challenges
Nigeria’s foreign reserve currently stands at $38 billion, the Coordinating Minister for the Economy and Minister for Finance, Dr. Ngozi Okonjo-Iweala, has…
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BusinessEconomyFinanceNews
Construction of 14-storey Standard Chartered Bank building violates environmental laws — Expert witness
An expert witness, Dr Tunji Adejumo, on Tuesday claimed that a 14-storey building being constructed by the Standard Chartered Bank in Victoria…
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The market indices of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by 1.6 per cent due to profit-taking embarked upon…
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The Nigeria Deposit Insurance Corporation (NDIC) said that total deposits of commercial banks stood at N17.16 trillion as at September 2014. The…
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BusinessEconomyFinanceNews
MD Infrastructure Bank canvases utilization of pension fund, private capital
The Managing Director, Infrastructure Bank Plc., Mr Abdulrasak Oyinloye, has urged the Federal Government to invest the pension fund into financing sustainable…
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The Central Bank of Nigeria will tomorrow unveil a secial N100 note to commemorate the Marion’s centenary celebrations. In statement issued by…
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BusinessEconomyNews
Auto Industry: Wholesale trade liberalization policies is counter-productive, says PAN
The Managing Director/CEO, Peugeot Automobile Nigeria, PAN, Mr. Ibrahim Boyi, yesterday, said, given Nigeria’s level of development, wholesale trade liberalization policies, that…
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The Central Bank of Nigeria (CBN) has commenced investigation of two banks for foreign exchange malpractices. The two Ter 2 banks are…