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Fitch assigns B+ to Nigeria debt notes

Rating agency, FITCH, has assigned the final rating of ‘B+’ to Nigeria’s debt notes, consisting of N1.5 billion 6.5 percent senior unsecured notes due November 28, 2027 and N1.5 billion 7.625 percent senior unsecured notes due November 28, 2047. According ...

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FG tasks local manufacturers on quality

By Auwal Ahmad Gombe The federal Ministry of Science and Technology has urged local textile and dye artisans to employ indigenous and innovative technologies in making their products to ensure they are standard for both local and foreign patronage. Permanent ...

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AFDB to create 25m jobs

President of the African Development Bank Group (AFDB), Akinwumi Adesina, has launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for job creation for Africa’s youth. The Jobs for Youth in Africa initiative aims at creating ...

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Pension: Trustfund pledges full compliance

Stories by Moses John The Management of Trustfund Pensions Limited has expressed its desire to ensure and maintain a 100 percent level of compliance in all its activities. This, according to the Executive Director, Business and Personnel Administration, Malam Nasr ...

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NITDA clears EFCC/NFIU’S ICT security, system upgrade

The National Information Technology Development Agency (NITDA) has recently cleared the ICT Security and Systems Infrastructure Upgrade project of the Economic and Financial Crimes Commission (EFCC)/Nigeria Financial Intelligence Unit (NFIU) through its commitment as the government’s clearinghouse for all IT ...

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NSE: Equity market rebound gaining N235bn

Stories by Amaka Ifeakandu   Trading activities on the floor of Nigerian Stock Exchange last week close higher, gaining, N235 billion. Specifically, market capitalisation of listed equities appreciated by 1.80 per cent to N13.009 trillion from N12.774 trillion recorded the ...

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Dangote foots bill for Kano Trade Fair

By Benjamin Umuteme Abuja Africa’s foremost investor, Dangote Group is to foot the bill for Kano International Trade Fair, the state government has revealed. This was revealed by the Director General of Kano Chamber of Commerce Industries, Mines and Agriculture ...

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VAT collection increases by 1.73%

  The sum of N250.56billion was generated as Value Added Tax (VAT) in Q3 2017 as against N246.30 billion generated in Q2 2017, National Bureau of Statistics (NBS) has said. According to data from the NBS sectoral distribution of Value ...

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PTAD clears 33% pension arrears

The Pension Transitional Arrangement Directorate (PTAD) has paid pensioners under the Defined Benefit Scheme (DBS) another installment of the 33 per cent pension arrears owed its pensioners. The categories of pensioners affected include the Nigerian police pensioners, Civil Service Pensioners ...

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Dana resumes after disruption by union

Dana Air has apologised to its intending passengers for the delays experienced on Tuesday as a result of the disruption of its flight operations by the National Association of Aircraft Pilots and Engineers, NAAPE. The airline’s Communications Manager, Kingsley Ezenwa, ...

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