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Daily Archives: December 3, 2018

Mamora Laments Non-compliance To NIWA Guidelines

99 Persons Die In Boat Mishaps In Kebbi, Niger, Lagos Submitted

As 12 Children Drown In Kwara State By Kenneth Jukpor Twelve children have been confirmed dead in ghastly boat mishap in Lafiagi, Kwara State today, according to reports from the management of National Inland Waterways Authority (NIWA). NIWA’s Management revealed ...

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WIMAFRICA Bags Continental Blue Economy Award

WIMAFRICA Bags Continental Blue Economy Award

By Kenneth Jukpor African Women in Maritime (WIMAFRICA) has fetched an award as African Union’s (AU) 2018 Special Award of Excellence for Blue Economy. WIMAFRICA received this award at the Global Conference on Blue Economy organized by the AU in ...

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Market indices depress further over persistent free fall in equity prices

Stock market index depreciates by 0.14%

The continued free fall in equity prices, which indicates a low buying interest among the investor-community, has resulted to another significant decline in the market capitalisation and All-Share Index (ASI), estimated at 2.5 per cent. Indeed, the managers of the ...

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Reserves rebound to N42 billion as interbank market gets $541 million

Reserves rebound to N42 billion as interbank market gets $541 million

The nation’s foreign exchange reserves, at the weekend, halted a four-month decline, adding $477 million, accumulated in three trading days, to settle at $42.07 billion. The accretion has been widely attributed to the trickles of the recently floated $2.8 billion ...

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Tightening noose against policy riggers of ‘41 items’

Tightening noose against policy riggers of ‘41 items’

Why interventions are not quick fixes of structural gaps CBN insists policy option is potent, saves $21b in food imports It is not going to be a journey as usual for banks, companies and individual operators behind activities aimed at ...

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Oil marketers vow to shut down depots over N800b subsidy

Oil marketers vow to shut down depots over N800b subsidy

Oil marketers yesterday vowed to shut down depots nationwide over settlement of outstanding N800 billion subsidy debts. The marketers, comprising of Depot and Petroleum Products Marketers Association (DAPPMA) and Independent Petroleum Products Importers (IPPIs), said failure to meet the deadline ...

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