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Naira to continue gain against dollar–Experts

Naira to continue gain against dollar–Experts

🕔06:14, 24.Oct 2016

Currency experts have expressed confidence that the naira will continue its rise against the dollar this week. Experts argue that this will only be possible with the intervention of the Central Bank of Nigeria (CBN) the interbank foreign exchange market

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Stock Market Ends  3-day Losing ‎Streak

Stock Market Ends 3-day Losing ‎Streak

🕔09:41, 21.Oct 2016

The Nigerian Stock Exchange (NSE) recorded profit after three days of downswing, as equities got a fillip from resumed bargain hunting activities across the board. Consequently, the equities market closed on a positive note, as NSE ASI and market capitalisation

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Abia Set To Establish Leather and Garment Factory In Aba

Abia Set To Establish Leather and Garment Factory In Aba

🕔07:29, 21.Oct 2016

The Abia state government has concluded plans to set up a garment and leather cluster in the commercial city of Aba. This week, the state’s commissioner for Industry,Science and Technology, and renowned industrialist Chief Henry Ikoh led ministry officials, traditional

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Export: Nigeria to earn $1bn from US, others

Export: Nigeria to earn $1bn from US, others

🕔08:57, 20.Oct 2016

The United States Agency for International Development (USAID) has stated that Nigerian exporters intend to achieve $1 billion agricultural produce exports to the United States and other developed countries under the Agricultural Growth Opportunities Act (AGOA) scheme. Chief of party,

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Nigeria Stock Market loses  N28 bn

Nigeria Stock Market loses N28 bn

🕔11:21, 19.Oct 2016

The Nigerian Stock Exchange (NSE) yesterday witnessed another sell pressure after it began the trading week the previous day on the negative note. Consequently, the overall performance measures, NSE ASI and market capitalisation, fell by 0.29 per cent. This was

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Kachikwu Secures $15bn Oil And Gas Deal For Nigeria

Kachikwu Secures $15bn Oil And Gas Deal For Nigeria

🕔14:23, 18.Oct 2016

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu on Monday negotiated a $15 billion investment by the Indian Government,with the Federal Government. This was made known in a press release signed by the Director Press, Ministry of

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Osun, DFID, Sign MoU To Boost Small, Medium Enterprises

Osun, DFID, Sign MoU To Boost Small, Medium Enterprises

🕔13:57, 18.Oct 2016

The Osun State Government has signed a Memorandum of Understanding (MoU) with the Growth and Employment in States 4th Scheme (GEMS4) to fast-track the development of small and medium scale industries in the state. Osun state Governor, Rauf Aregbesola at

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300 Exhibitors Expected At Plateau Trade Fair

300 Exhibitors Expected At Plateau Trade Fair

🕔12:53, 18.Oct 2016

President of the Plateau Chamber of Commerce, Industry, Mines and Agriculture (PLACCIMA), Da Bulus Dareng, has announced the commencement of this year’s Trade Fair in the state. While making the announcement, he said the commercial festival will take place from

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Nigerians Take To Betting, Online Pyramid To Survive

Nigerians Take To Betting, Online Pyramid To Survive

🕔09:48, 18.Oct 2016

Thousands of jobless youths, unemployed and semi-employed adults have hinged their hope of surviving the pangs of hunger induced by the economic recession in the country on sports betting and online pyramid schemes. There is a common slang among those

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Femi Otedola No Longer A Billionaire – Forbes

Femi Otedola No Longer A Billionaire – Forbes

🕔16:30, 17.Oct 2016

Nigeria’s business tycoon and Chairman of Forte Oil Plc, Femi Otedola has fallen out of the ranking of African billionaires after his worth dropped to $550 million, Forbes declares. The oil tycoon’s fortune plunged from $1.8 billion following a massive

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