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We are expecting $40Bn Oil Investments in Five Years – Kachikwu

Nigeria would be expecting about $40Bn worth of Oil investments in the next five years, the Minister of State for Petroleum Resources, Ibe Kachikwu, announced on Monday, 19th of February 2018. He [...]

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Relief for Importers as Government Relaxes Rule on Palletisation Policy

The Federal Government has relaxed its new cargo import policy on palletisation, urging all importers to comply with international standards and stacking prescription by the original [...]

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Shareholders Renew Call for Removal of Statues Bar on Unclaimed Dividend

Shareholders’ in the Nation’s capital market at the weekend renewed their call for the National Assembly (NAS) to expunge the clause (statues bar) on the Companies and Allied Matters Act (CAMA), [...]

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Adeosun Brokers Deal for Nigeria on Illicit Flows

The Nation’s Finance Minister, Mrs. Kemi Adeosun, at the weekend in New York, United States of America, secured a high-level deal for the country in efforts to fight against illicit financial [...]

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Firm Commences Recycling of e-Waste in Lagos

Hinckley Recycling says it has commenced recycling operations for the safe and responsible processing of all electronic waste streams at the first Government approved e-waste recycling facility [...]

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Government Admits Fraud in N1tr Social Investment Fund

The Federal Government, yesterday, admitted there had been fraud in its Social Investments Programme (SIP), prompting an investigation by the Economic and Financial Crimes Commission (EFCC). The [...]

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FG Abandons Plan to Create Thousands of ICT Jobs

The Federal Government appears to have discarded its plan to create thousands of jobs through the establishment of technology hubs. While representing President Muhammadu Buhari at an Information [...]

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‘Poor Corporate Governance Impacts Telecoms Sector’s Growth Negatively’

The Nigerian Communications Commission (NCC) has said in spite of attracting over $70 Billion investments in the last 17 years, Nation’s telecommunications sector was still bugged down by poor [...]

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Ex-CBN Chief Canvasses N500bn National Venture Capital Fund

A former Deputy Governor of the Central Bank of Nigeria, Prof. Kingsley Moghalu, has called for the creation of N500bn Venture Capital Fund to support entrepreneurship so as to boost the Nigerian [...]

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January Inflation Drops to 15.13%, says NBS

The National Bureau of Statistics (NBS), Nigeria’s official data agency, has said January’s Consumer Price Index (CPI), which measures inflation, again dropped to 15.13 per cent, up from the [...]

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