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Political interference hobbles development of Eastern ports – NPA MD

  The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman has revealed that political interference and considerations is one of the reasons impeding increased revenue drive in Nigeria’s Eastern ports. Speaking on last week during a one-day Seminar with the theme ‘Making Nigerian Ports Preferred Cargo Hub in the West and More...

| Published 7 days ago
By Vera Olubi On Monday, April 24th, 2017
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Why Nigeria’s quest to attain cargo load centre may be far- fetched – Experts

  Operators in the maritime industry, in unanimity of opinions, have identified the challenges and obstacles to the Nigeria’s quest of becoming the preferred centre for cargo destination in the West and Central More...

By Vera Olubi On Monday, April 24th, 2017
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FX deals boost banks profitability

.           Transactions make up for business slump Teslim Shitta-Bey Nigerian banks showed relatively mixed corporate performances in 2016 as dodgy economic management, sliding international oil prices and More...

By Vera Olubi On Monday, April 24th, 2017
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CBN to confiscate N3trn in accounts without BVN

  .         Gives banks June deadline to transfer funds FELIX OLOYEDE Liquidity challenge looms in the Nigerian banking sector as the Central Bank of Nigeria (CBN) has concluded plans to removed about More...

By Vera Olubi On Monday, April 24th, 2017
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F&B stocks lose traction; shed 70 percent value

  Okey Onyenweaku Despite employing 1.5 million people or just over five per cent of the Nigerian labour work force, the country’s food and beverages sector has swooned into a minor crisis as falling consumer More...

By Vera Olubi On Monday, April 24th, 2017
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Broadstreet Watch: So Do We Still Buy Stocks?

For stock investors this cannot be happy times. The Nigerian All Share Index (ASI) has dipped 5 per cent from January to date and skidded by a disappointing 17.9 per cent from its 31,071.25 in June 2016. So should More...

By Vera Olubi On Monday, April 24th, 2017
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Diamond Bank maintains stable growth in 2016 business year

Diamond Bank Plc on yesterday released her 2016 Business Year (BY) performance scorecard on the floor of the Nigerian Stock Exchange (NSE), showcasing stable growth in key financial parameters. In the audited 2016, More...

By Vera Olubi On Monday, April 24th, 2017
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Fashola; hobble by Sango…, Power sector reform in danger

    By AYOOLA OLAOLUWA   Barely three years after the reform of the power sector by the administration of former President Goodluck Jonathan, the euphoria that greeted the privatization move adjudged More...

By Vera Olubi On Monday, April 24th, 2017
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I am afraid of Nigeria’s debt profile – Dr. Alex Otti

  Dr. Alex Otti is a fire brand economist and a first-class graduate who has traversed the economic and political spectrum at domestic and international levels. As a former Managing Director of one of the bigger More...

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