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Dangote wants government to export petroleum products 27 Aug 2013 | 10:40 am
The President/Chief Executive Officer, Dangote Group, Alhaji Aliko Dangote, has urged the government to begin the production of petroleum products for export as part of strategies to diversify the nat...
FG set to revive national shipping carriers 27 Aug 2013 | 10:30 am
The Federal Government has said it is ready to grant approval to indigenous shipping firms to export crude oil and stem the nation’s huge capital flight. This is coming 17 years after the liquidation ...
Government to crash interest rates with special bank 27 Aug 2013 | 10:20 am
The Federal Government has unveiled plans to establish a special finance institution that will attract funds into the economy at lower interest rates. The Minister of Finance and the Coordinating Mini...
Naira weakens against the dollar 27 Aug 2013 | 10:10 am
The naira, on Monday, closed flat against the U.S dollar on the interbank market as two multinational oil companies sold about $107 million to some lenders. Exxon Mobil sold $72.2 million, while Itali...
We need data to create jobs – ExxonMobil Vice Chairman 27 Aug 2013 | 10:00 am
Vice Chairman of ExxonMobil, Africa Operation and publisher of Hints, Dr. Emmanuel Ibe Kachikwu, believes we need data if we must address the challenge of unemployment in the country. The Harvard trai...
Expert says FG can generate N1.2tr from tourism 27 Aug 2013 | 09:50 am
Former President of Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekwe, said on Monday that Nigeria can generate N1.2 trillion from tourism yearly if the required infrastructure i...
Finance committee uncovers massive tax fraud in banks 27 Aug 2013 | 12:17 am
A House of Representatives Committee on Finance has exposed what it termed ‘massive tax fraud’ by 21 commercial banks in the past seven years. The committee, which has been probing tax payments to gov...
World Bank warns African countries on high debt profile 26 Aug 2013 | 10:50 am
The World Bank wants developing countries to adopt effective Debt Management Performance Assessment Tool (DeMPA) to enhance clarity between monetary policy implementation and debt management for susta...
CBN wants banks to build workers capacity 26 Aug 2013 | 10:40 am
The Central Bank of Nigeria (CBN) on Saturday said it would introduce reforms which would ensure that banks adhere strictly to competence in their operations. The CBN Deputy Governor in charge of Fin...
FG committed to boosting non-oil exports – Jonathan 26 Aug 2013 | 10:30 am
President Goodluck Jonathan has reaffirmed his administration’s determination to do all within its powers to facilitate and encourage the rapid diversification of Nigeria’s economy. The president stat...
