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KEDC commission’s NAF Base injection sub-station

By AbdulRaheem Aodu Kaduna The Kaduna Electricity Distribution Company (KEDC) yesterday held the technical commissioning of the Nigerian Air Force Base injection sub-station, constructed by Niger Delta Power Holding Company. Managing Director, Chief Executive Officer (MD/CEO) of KEDC, Alhaji  Idris ...

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Insurance awareness in Nigeria low

By John Oba Abuja The rector of the Ccollege of Insurance and Financial Management, Dr. Oyetayo Yeside, has said that insurance aware in Nigeria is low and insurance culture is not that developed in Nigeria. Oyetayo stated this at the ...

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NSE: Stock market drops by N140bn

By Amaka Ifeakandu Lagos Lagos Transactions on the floor of the Nigerian Stock Exchange (NSE) yesterday sustained declining profile following the loss the recorded by blue chip companies. Specifically, the market capitalisation of listed equities depreciated by N140 billion to ...

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Counting cost of Ebola outbreak

By Ibrahim Ramalan Abuja The economic impact of the deadly Ebola virus may cost West Africa £20bn, experts have warned. The World Bank said that in a worst case scenario the wider region will suffer a loss of 3.8%, with ...

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Nedbank Group acquires 20% stake in ETI

Nedbank Group Limited is set to acquire a 20 percent shareholding in Ecobank Transnational Incorporated  (ETI). The ETI notification letter to the Nigerian Stock Exchange said that the  Nedbank group will subscribe in cash for 4,512,618,890 new ETI shares for ...

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Citibank promotes financial journalism in Nigeria

By Amaka Ifeakandu Lagos In its continuation  of  support for  professional journalism practice in Nigeria, Citibank Nigeria Limited said that the  Citi Financial Journalists Training was part of the bank’s commitment towards capacity building among various stakeholders in the Nigerian ...

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Equity market sustains growth by N35bn

By Amaka Ifeakandu Lagos        Transactions on the floor of Nigerian Stock Exchange yesterday sustained growth profile as the value of equity improved by N35 billion. The market capitalisation of listed equities grew by 0.25 per cent to N13.607 trillion ...

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NITDA empowers people with disabilities on ICT

By Etta Michael Bisong Abuja The National Information Technology Development Agency (NITDA) as part of its mandate to promote information and communications technology (ICT) development in Nigeria recently trained over 50 people living with various disabilities on IT essentials to ...

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Jaiz bank expands to 14 branches

Jaiz Bank Plc, the first full- fledged non-interest bank in Nigeria has increased its branch network to fourteen. The latest entrant into the bank’s branch network is Kano Kabuga branch which is strategically located within Bayero University and is position ...

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