By ANTHONY AWUNOR, Lagos – The Nigerian Immigration Services (NIS) has warned Nigerians not to travel to Germany and other foreign countries illegally, stressing that 90 per cent of illegal immigrants seeking asylum status were regularly rejected by European countries. Sadat Hassan, deputy comptroller of the Nigerian Immigration Service (NIS) gave the warning recently in […]
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BY ANTHONY AWUNOR, Lagos – The Nigerian Civil Aviation Authority (NCAA) yesterday confirmed the Federal Airports Authority of Nigeria (FAAN) as the certified aerodrome operator for the provision of required airport services, facilities, systems and equipment at Murtala Mohammed Airport, Ikeja, Lagos, in line with international standards and recommended practices. The certificate which was presented […]
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NIGERIA’s foremost entrepreneur and Africa’s richest man, Aliko Dangote, has described the debut N100billion Federal Government of Nigeria Sukuk offer as a paradigm shift in government’s effort aimed at seeking alternative funding for critical infrastructure.
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Alhaji Aminu Gwadabe, the President of Association of Bureaux De Change Operators of Nigeria (ABCON), says consistent evacuation of dollars illegally from Nigeria to Dubai is a threat to stability of the naira.
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AVERAGE price paid for Premium Motor Spirit (PMS), otherwise known as petrol last month decreased year-on-year (YoY) by 1.9 percent and 2.5 percent month-on-month (MoM) to N144.4 from N148.2 in July 2017, according to the latest report by the Nigerian Bureau of Statistics (NBS).
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The Federal Government says it will meet with the Nigeria Union of Petroleum and Natural Gas Work, (NUPENG) on Tuesday toward apprehending the ongoing industrial action embarked by the union.
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CORNERSTONE Insurance Plc is offering its customers a free one month cover on motor insurance policy for their loyalty and patronage. The company each year rewards its customers through her “Ember Promo” where customers pay premium for 11 months and get 12 months’ insurance cover (pay for 11 months and get one month free).
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The inflation figure just released by the National Bureau of Statistics, NBS, showed a declining inflation but rise in food inflation, which could affect the investible income of retail investors and their willingness to participate in the capital market. In this interview, Mr. Samson Amedu, Managing Director/CEO, Alangrande Securities Limited, said that food inflation as
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THE interbank money market will this week experience outflow of N241 billion through treasury bills (TBs) and FGN Sukuk Bond auctions, prompting uncertainty over the direction of movement in cost of funds.
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Recession simply means negative growth in an economy over a specific period of time. I am not in a position to quantify the damage but I am in a position to know that a lot of things slowed down in line with the slowing economic growth, because the banking industry is a melting point of what goes on in the economy.
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