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60 Asian firms ready to invest in Nigeria
-051109
From Emeka Anuforo, Abuja
THE Chairman of the First Nigeria-China Business and Investment Forum (FNCBIF), Mr. Idris Waziri yesterday, said his group had so far succeeded in getting the commitment of about 60 Chinese companies to consider investment opportunities in Nigeria as a result of anticipated peace in the Niger Delta region.
Challenges of effective social security system, by institute
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THE African Institute for Applied Economics (AIAE) has urged the Federal Government and other stakeholders to work towards ensuring an all inclusive and sustainable social security system in the country.
Leeway to accountability in oil sector, by Daukoru
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TO ensure that Nigeria's oil industry operates transparently and accountably in line with international standards, the Federal Government must on a regulation basis raise inter-ministerial fiscal committees to ascertain that the sector was working within government's revenue targets, former Minister of Energy, Dr. Edmund Daukoru has said.
Oceanic canvasses more resources for healthcare waste management
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THE Managing Director of Oceanic Bank International Plc, Mr. John Aboh has called for greater allocation of human and financial resources for a more effective and better management of healthcare waste in the country.
FMBN to provide home for Nigerians
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By Tosin Fodeke
THE Federal Mortgage Bank of Nigeria (FMBN) has concluded plans to commence the restructuring and repositioning of the housing sector to accomplish its secondary mortgage and capital market functions.
FIRS worker, others in court for forgery
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By Bertram Nwannekanma
AN employee of the Ikeja branch of Federal Inland Revenue Service (FIRS) was on Tuesday arraigned before the Federal High Court, Lagos for issuing a counterfeit Companies Income Tax Clearance certificate.
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Carpet manufacturers seek reduced tariff on raw materials
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By Roseline Okere
Carpets Manufacturers Association of Nigeria has urged the Federal Government to cut down duties on imported raw materials to zero or five percent to reduce the cost of production.
Oil prices rise ahead U.S. energy report
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W ORLD oil prices rose back above $80 yesterday, as investors turned their attention to an upcoming United States energy inventory report.
CBN harps on importance of Islamic banking
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By Tosin Fodeke
THE Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has again harped on the need for Nigerian financial institutions to key into Islamic banking, otherwise known as non-interest-banking.
Shell launches N6 million micro credit initiative
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THE Shell Petroleum Development Company of Nigeria (SPDC) has instituted a micro credit programme for the Ijaw Mothers Union to aid its membersŐ businesses.
FAAN generates N18b from 21 airports
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From Wole Shadare, Abuja
THE Federal Airports Authority of Nigeria (FAAN) has generated N18 billion to the coffers of the Federal Government as revenue accruing from 21 airports across the country.
Chime raises committee on private sector development
-051109
THE Governor of Enugu State, Mr. Sullivan Chime, has inaugurated a 13-member State Advisory Committee on Private Sector Development.
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