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Labour congress in make or mar meeting today in Abuja on indefinite strike

ULC

The members of the leftist trade union, the United Labour Congress (ULC) made of key unions in the oil and gas companies, telecommunication and electricity sectors of the other Nigerian economy, will today in Abuja, issued a final notice on the proposed nationwide strike to Federal Government. This will come immediately after the end of the meeting. The Congress led ...

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CAC, FIRS achieve electronic stamping of company registration document

CAC Hqs

The new level of collaboration between the Corporate Affairs Commission (CAC) and the Federal Inland Revenue Service (FIRS), has lead to the realization of the rare goal of electronic stamping of company registration documents. This was revealed by the Registrar-General of CAC, Mr Bello Mahmud in a statement signed by the Head, Public Affairs Unit, CAC, Mr. Godfrey Ike in ...

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Governors’ believe in Nigeria’s exit from recession toes party lines

NBS kale

A sharp division between governors from the ruling All Progressive Congress (APC) and key opposition party, the People’s Democratic Party (PDP) on the trending issue of Nigeria’s announced exit from economic recession has been observed. Whereas Kaduna State Governor, Mallam Nasir el-Rufai, Akinwumni Ambode of Lagos and Rochas Okorocha of Imo State were among early callers from the APC, congratulating ...

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Continental cement merchant, Dangote eyeing South Africa’s cement company

Aliko Dangote

Leading industrialist and emerging continental cement conglomerate investor, Aliko Dangote, has been linked to a fresh move to buy into PPC Group Limited, by way of counteroffers to bid for South Africa’s largest cement company. A credible source in the know of the emerging deal revealed weekend, that Dangote Cement Plc sees a bid for the Johannesburg-based company as a ...

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NACCIMA joins league of recession exit doubters, says economic shock looms

NACCIMA Briefing

Even though many experts and private sector groups are still finding it hard to believe released statistics that the economy attempted a snail growth of 0.55 in the second quarter, some that had little faith, are upbeat that continued dependence on imports will make it susceptible to external shocks. This formed the key position of the nation’s leading industry group, ...

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Dangote Cement powers market stocks to N175bn green zone

dangote-cement

Thursday stock trading at the Nigerian Stock market saw massive boost in capitalisation as it jumped to N175bn after a 4.74 per cent gain in Dangote Cement Plc to consolidate at the green zone. Whereas Guinness Nigeria Plc topped the gainers’ chart for the second day in a row with the ticker pushing to 10.23 per cent to close at ...

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Nigeria ready for over $4bn in technology transfer from India—Minister

Shittu ICT Expo

Following consolidating trade relations between India and Nigeria in the last couple of years and since the emergence of knowledge economy driven by Information and Communications technology (ICT), indications emerged at the end of the two-day Indo-Africa ICT Expo in Lagos that Nigeria is now set to enjoy fortunes. Lead in the upcoming gains includes an estimated inflow of over ...

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Just in: 75 Nigerian experts vie for LafargeHolcim Awards for Sustainable Construction

Lafarge holcim

Details revealing that 75 Nigerians made up of students and professionals are part of the finalists joining hundreds of their colleagues from the Middle East and Africa for the LafargeHolcim regional awards for Sustainable Construction have emerged. The winners for the awards will be announced and celebrated in Nairobi, Kenya before the end of this week. Business Hilights recalls that ...

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FG’s sudden ceasefire on borrowing spree may have aided early recession exit—Expert

DMO Oniha

Leading development economist, Prof Ken Ife has traced the exit of the Nigerian economy from recession to the resolve of the federal government to look inwards in sourcing solution than engaging in borrowing spree. Speaking in an interview, he said though the best way to fight recession is to boost liquidity by boosting productivity; Nigeria was able to exit early ...

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NSE rewards Xerox H.S, other leading members

NSE Engineers

The Nigerian Society of Engineers (NSE), Ikeja branch has awarded its prominent individual members and companies with different categories of meritorious awards for their outstanding performances and impacts on the organization and the industry over the years. The award recipients include Xerox H.S Nigeria limited, Pilot Science Company Limited (PSCL), Kenol Nigeria Limited, Engr. (Mrs.) Margaret Oguntala, Engr. Saheed Alagbe, ...

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