businessday news update

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    Metro 55% of Nigerian women want end to female genital mutilation – survey – BusinessDay : News...

    About 55 per cent of females aged 15 to 49 in Nigeria who are aware of Female genital mutilation (FGM), think the practice should end in the country identifying it as a serious physical and psychological harm to their wellbeing. The report was made … Read more via BusinessDay : News you can...
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    Metro Whistleblowers leak hideout of militia, armed herdsmen in Taraba, Nasarawa – BusinessDay :...

    Concerned members of Nigeria’s House of Representatives from Taraba state have revealed details of the hideouts of suspected militia and armed herdsmen who unleash terror on their communities, and called on President Muhammadu Buhari to authorise the deployment of the military to the state …...
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    Business Questions over capital market integrity as Gwarzo – Adeosun clash at hearing – Business Day

    Questions were raised over the integrity and independence of Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC). This is as conflicting narratives emerged yesterday from … via BusinessDay : News you can trust – http://ift.tt/2Gvtnoe Get more: Nigeria...
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    World Oil Boom Gives the U.S. a New Edge in Energy and Diplomacy – NYT > Business Day

    Photo A pumpjack in a Permian Basin oil field in west Texas. The area has been a focus of the shale drilling boom. Credit Spencer Platt/Getty Images North America HOUSTON — A substantial rise in oil prices in recent months has led to a resurgence in American oil … via NYT > Business Day –...
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    Metro Court declines to compel Buratai to produce IPOB leader, Kanu – BusinessDay : News you can...

    By Felix Omohomhion, Abuja The Federal High Court in Abuja, on Friday, refused to order the Chief of Army Staff, Lt.-Gen. Tukur Buratai, to produce the leader of the proscribed Indigenous People of Biafra ( IPOB), Nnamdi Kanu In a ruling, Justice Binta Nyako, held that … via BusinessDay ...
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    Business Micro insurance guideline and concerns –

    The National Insurance Commission (NAICOM) last week released the revised guideline for take-off of micro insurance business in Nigeria, setting minimum capital requirement for licensing. Analysts concern on new licensing is whether this will not increase the number of operating companies beyond...
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    Business NNPC to soon select financiers for Nigeria’s moribund refineries –

    The Nigerian National Petroleum Corporation (NNPC) said it is inching closer to arriving at the choice of financiers for the Port Harcourt Refining Company Limited (PHRC), Warri Refining and Petrochemical Company Limited (WRPC) and the Kaduna Refining and Petrochemical Company Limited. The...
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    Business VMN online portal archives 400,000 workforce data for seamless employment –

    Verify Me Nigeria (VMN), an indigenous Information Technology company has registered the employment history and personal data of about 400,000 workers in Nigeria on its portal for easy verification and employment through previous work history and experience trails. The company which aims to...
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    Business ExxonMobil named 2017 oil explorer of the year –

    Oil major, ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry. “This award is recognition of ExxonMobil’s successful efforts to strengthen our portfolio by accessing and discovering …...
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    Business NNPC to build more depots, expand market share –

    Nigerian National Petroleum Corporation (NNPC) is to build more depots across the Country. Maikanti Baru, Group Managing Director NNPC, who disclosed this Monday in Abuja while inaugurating the board of one of its downstream Companies, NNPC Retail limited, said the addition to the corporation’s...
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    Business President Buhari is not interested in technology –

    If it is true that what you say, and how you say them expose and unveil the condition and attitudes of your heart, it is safe to say that the Nigerian President, Muhammadu Buhari is not interested in technology in Nigeria, at least not in 2018. … via BusinessDay : News you can trust –...
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    Business Crude oil crosses $70 threshold –

    Oil briefly topped $70 a barrel in London for the first time in three years, as crude markets continued an almost unblemished run of gains for 2018. The surge waned towards the end of the session, with the global Brent benchmark settling just 6 cents higher … via BusinessDay : News you can...
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    Business Four reasons crude prices could reach $80 this year –

    January 17, 2018 1:45 am As things stand, the possibility of oil prices surging past $80 a barrel does not look any more like a distant possibility though it might not even need so much effort to tip down downhill. Brent crude, … via BusinessDay : News you can trust – http://ift.tt/2FNL9D6...
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    Business 2018: AfDB shifts focus to power sector –

    Ebrima Faal, the Country Director, African Development Bank (AfDB), said that the bank would focus mostly on power sector in 2018. Faal said this during an interaction with newsmen at the newly-built Nigeria Country Department Office on Tuesday in Abuja. He said that the new office, … via...
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    Business Kano concludes plans to float Health Trust Fund.

    Kano State Government, says it has concluded plans to float a Health Trust Fund, as part of the on-going initiative to boost health care delivery environment across the state. To this effect, the state governor, Abdullahi Umar Ganduje is expected to sign into law a Bill … Via BusinessDay ...
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    Business Escravos Pipeline fire: Gas supply to power plants remains intact – NNPC –..

    Escravos Pipeline fire: Gas supply to power plants remains intact – NNPC January 12th, 2018 Editor News, Oil 0 comments The Nigerian National Petroleum Corporation, NNPC, on Friday explained that routine gas supply for … Via BusinessDay : News you can trust – http://ift.tt/2D6ye13 Get...
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    Business Premium Pension names Umar new chief executive officer

    As part of its strategy to provide excellent services and reposition the Company to greater heights, Premium Pension Limited has appointed Umar Sanda Mairami as the new Managing Director and Chief Executive officer. He succeeds Wilson Ideva who formally retired from the Company after serving out...
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    Business Again, Ghana trade union wants Nigeria retailers, others kicked out.

    Worried by the continuous increasing influx of foreign retailers especially from Nigeria and China, Ghana Union of Traders Association (GUTA) has again called on its government to formulate stringent policies that will help promote local retailers’ businesses. The locals led by the Association...
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    Business Aero Contractors MRO facility to save airlines N2.85bn on maintenance cost.

    Fourteen years after the liquidation of the former national carrier, Nigeria Airways, Aero Contractors under ownership of AMCON has begun to undertake C-checks on its new maintenance facility, which may save Nigerian Airlines up to N2.85 bn. The first of the C-Checks was done on January … via...
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    Business Insurance, pension long term funds will help Nigeria reduce debts.

    Nigeria’s high cost of borrowing and increasing domestic debt will remain a challenge for a long time to come, unless there is strategic effort to develop insurance and pension sectors as major providers of long term funds for economic development. Though pension has assumed a growth … via...

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