2014年8月20日 星期三

2014-08-21 Nigeria Business


Nigeria: Quoted firm outlines plan to expand petroleum marketing operations  African Manager
One of the quoted companies on the Nigerian Stock Exchange (NSE), Forte Oil Plc, has outlined plans to expand its operations in the West African sub-region, particularly Nigeria, with a view to achieving market dominance, according to the Company's Group ...

Forte Oil Reaps Benefits of Diversification   AllAfrica.com
Forte Oil awards N5.9bn deal to overhaul Geregu power plant   National Mirror
Forte Oil invests $90m in power plant   Nigerian Tribune

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  The Punch   
Nigeria's foreign debt hits $9.3bn  StarAfrica.com
The Director-General of Nigeria's Debt Management Office (DMO), Dr. Abraham Nwankwo, has said that the foreign debt profile of Nigeria has risen to $9.3bn this year.Nwankwo told reporters on Tuesday in Abuja that the increase was $500m or 5.6 percent ...

Nigeria: DMO assures of judiciously investment of$66b borrowed funds   WorldStage
Nigeria Sinks Deeper Into External Debt   Vanguard
Nigeria's domestic debt now N8.9trn –DMO   Daily Sun
Reuters Africa   
all 21 news articles »   


I can now confirm that railway is working —Tukur  Nigerian Tribune
CHAIRMAN, Nigerian Railway Corporation (NRC), Alhaji Bamanga Tukur, has disclosed that his rail travel experience, to the major districts of NRC, is a confirmation that Nigerian rail transport system is back. Tukur, who was accompanied by the Managing ...


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Police, Agip, Bayelsa Community Leaders Meet Over Obama Flow Station  Vanguard
The Assistant Inspector General of Police, AIG, Zone 5, Benin, Edo State, yesterday, has summoned the officials of Nigerian Agip Oil Company, NAOC, and the representatives of six communities in Nembe Kingdom in Nembe Local Government Area of ...

Flow station: Police summon Agip staff, community leaders   Nigerian Tribune

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Fashola hands over 31 new classrooms in 2 schools  Nigerian Tribune
DEFYING an early morning downpour, Lagos State governor, Mr Babatunde Fashola,, on Tuesday, formally handed over two new schools constructed by the state government in the Iju-Ishaga and Ifako-Ijaiye area of the state, saying it is another step towards ...


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  Daily Sun   
Maintaining ATM is expensive, requires subsidy —CBN  Nigerian Tribune
The Central Bank of Nigeria (CBN) has said that part of the reason it re-introduced charges on Automated Teller Machines (ATMs) is that it is expensive to maintain the machine and requires 'economic incentive' for owners to deploy and service. The apex ...

FinMin backs banks on capping free ATM usage   Business Standard
CBN explains introduction of fees on ATM transactions   WorldStage
Why CBN reintroduces charge on ATM withdrawals   BusinessDay
THISDAY Live   
Hindu Business Line   
all 25 news articles »   


Huriwa Absolves NYSC of Allegations of N90 Billion Fraud, Ghost Corp Members  AllAfrica.com
A pro-democracy non-governmental organisation, Human Rights Writers Association of Nigeria (HURIWA), has given the management of the National Youth Service Corps [NYSC] a clean bill of health, saying based on its findings, there is no existence of any ...


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Adamawa: Multiple Frauds Exposed in Nyako's Govt,How ADC Collected N45 ...  Nigerian Bulletin
Adamawa State Permanent Secretary for Local Government, Kennedy Dauda, disclosed that the aide-de-camp to impeached governor Murtala Nyako of Adamawa state was paid N45 million monthly as security votes raised by all the Local Government Areas ...


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Pension Reform Act 2014 signed into law  Lexology (registration)
The World Pension Summit (Africa), first of its kind in Africa, was hosted in Abuja on 7 and 8 July 2014. The summit focused on African developments in the pension industry and coincided with the 10th anniversary of the pension reform in Nigeria that led to ...


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  The Guardian Nigeria   
On the USA-Africa Summit  The Guardian Nigeria
Us-Africa-leaders-summit- WHEN African heads of state and government met in Washington D.C. United States of America the other day in what was described as a “historic” summit, anyone with even a cursory knowledge of international relations knew that ...

African Women Are Africa's Future   Huffington Post

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