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Security concerns stop Delhi airport hotels opening

The 287-room Lemon Tree Premier hotel at Delhi’s Indira Gandhi Airport features a dramatic view of planes landing and taking off, but it has no guests to see them. According to a Reuters report, the...

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C’River distributes N400m to small-scale enterprises

Cross River State Government through its development agency, Microfinance and Enterprise Development Agency, in collaboration with the Bank of Agriculture, has set aside N400m for Micro, Small and...

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Informal sector: FIRS to implement new tax regime

The Federal Inland Revenue Services has begun moves to fast track the implementation of the presumptive tax regime for the informal sector. The move, according to the Acting Chairman, FIRS, Alhaji...

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Winners emerge in Fidelity Bank’s savings promo

Fidelity Bank Plc has rewarded customers who emerged winners in its ongoing 25th anniversary savings promo. At the fourth mega draw, which was held in Abuja on Thursday, the bank rewarded the customers...

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Naira climbs to three-week high on dollar speculation

The naira rose for a third day to the highest in three weeks as oil companies were said to sell dollars to meet local expenses. The currency climbed 0.1 per cent to N157.87 per dollar in Lagos, the...

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Stakeholders urged to embrace advance pricing agreement

Nigerian multinational and group structured companies have been urged to wake up to the reality of the new transfer pricing regulations issued by the Federal Inland Revenue Service. A statement made...

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W’Bank to spend $120m on urban water supply

The World Bank is to provide additional $120m credit facility to Nigeria to boost water supply in urban cities, the Coordinator, National Urban Water Sector Reform Project, Mr. Benson Ajisegiri, has...

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Index dips by 0.6% as 34 equities lose

Equity trading activities on the Nigerian Stock Exchange closed on a negative note on Thursday, erasing some of the gains made since Tuesday. The NSE’s All-Share Index fell by 0.6 per cent or 209.08...

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Gombe to spend N2.1bn on intervention schemes

Gombe State Government is to invest N2.1bn on the development of agriculture and trade, the Commissioner of Finance, Alhaji Hassan Muhammadu, has said. Muhammadu, who briefed newsmen in Gombe on...

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NAFDAC, BoI earmark N200bn for local drug manufacturers

The Federal Government has released N200bn Pharmaceutical Development Fund to assist local pharmaceutical industries to attain the World Health Organisation pre-qualification. The gesture is also meant...

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Emerging stocks close lower

Emerging-market stocks dropped for a fourth day, dragging the benchmark index to its lowest level in two weeks as an increase in the United States jobless claims and tension on the Korean peninsula...

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Local content, best option for job creation – Experts

Effective application of local content policy to strategic sectors of the economy, many believe, will not only reduce foreign dominance of the country, but also give more jobs to Nigerians,writes...

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More Nigerians need to use mobile phones, Internet – Coleman

Chief Technical Officer, Main One Cable Company, Mr. Johnnie Coleman, tells STANLEY OPARA why he thinks the number of Nigerians using mobile phones and the Internet is small Main One started business...

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PENGASSAN seeks review of obsolete labour laws

Petroleum and Natural Gas Senior Staff Association of Nigeria has called on the federal government to review all labour laws to engender good and robust industrial relations system in the country. The...

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How we built Nigeria’s first indigenous tablet PC — Adepoju

The Co-founder/ Chief Executive Officer, Encipher Limited, Mr. Saheed Adepoju, tells DAYO OKETOLA how he invented the Inye tablet computer, Nigeria’s first indigenous tablet  How did you come into...

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Choosing the WordPress theme that is right for you

We covered how to set-up a wordpress blog last week, and this week, we will be taking a look at another very important aspect of the wordpress called ‘themes.’ Themes are website templates and they...

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Why many businesses die with their founders — JAPAUL CEO

Mr. Jegede Paul is the chairman and chief executive officer of JAPAUL Oil and Maritime Services. In this interview with ANNA OKON, he discusses his business principles and passion for helping the poor...

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Time to sack Nigeria’s incompetent economic team (2)

Last week, we agreed that the “possession of strings of academic degrees” should not be confounded with the possession of the gift of commonsense. The consensus arrived at, therefore, was that rather...

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Chinese tourists now biggest source of travel spending

The Chinese have become the single biggest source of global tourism income after spending $102bn (£67bn; 79bn euros) while travelling abroad in 2012. According to a Reuters report, the total is 40 per...

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‘High recurrent expenditure, threat to vision 2020’

The high recurrent expenditure of the Federal Government as opposed to capital expenditure constitutes a major threat to the country’s aspiration of becoming one of the top 20 economies by 2020. The...

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