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    Business Epayments rise by 39.7% on technology adoption, convenience – BusinessDay

    The value of electronic payments increased by 39.7 percent to N99.3 trillion in 2017 from N71.1 trillion in 2016, according to Central Bank of Nigeria’s (CBN) 2017 Annual Draft Report released today. “The rise is … Read more via BusinessDay : News you can trust – https://ift.tt/2MSR5Oj...
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    Metro Concerns mount in Ijanikin, a Lagos suburb, over planned tanker terminal – BusinessDay

    Concerns are growing in Ijanikin, Ojo area of Lagos State over the planned siting of a petroleum tanker terminal within that locality, with the residents arguing the plan is tantamount to shifting a crisis from one part of the state to another without actually … Read more via BusinessDay ...
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    Politics Senate Presidency: Oshiomhole exhibiting thug mentality – PDP – BusinessDay

    The Peoples Democratic Party (PDP) has cautioned the National Chairman of the All Progressives Congress (APC), Adams Oshiomhole stop his obsession to change the leadership of the Senate, as such is completely out of his reach. The party counsels Oshiomhole to stop his childish … Read more...
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    Politics State policing will lead to more timely and effective dispensation of justice – Alabi – BusinessDay

    Boma Alabi was the first female to be elected as the president of Commonwealth Lawyers Association (CWLA). She occupied the enviable position from 2011-2013. Boma is currently the senior partner... Read more via BusinessDay : News you can trust – https://ift.tt/2MH9wW3 Get More Nigeria...
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    Politics New Eleme council boss vows to protect investments, deliver LG for Wike in 2019 – BusinessDay

    The newly elected chairman of Eleme Local Government Area that is landlord to over 120 companies, Philip Okparaji, a lawyer, has vowed to throw everything into the ring to ensure that investors and their assets were protected in the area. The one-time caretaker committee … Read more via...
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    Business Our locally assembled trucks can compete internationally—AG Leventis – BusinessDay

    AG Leventis Nigeria says its locally assembled trucks can compete anywhere in the world as they are durable and economical. Speaking exclusively with BusinessDay in Lagos during the visit of Leventis’ Volkswagen (VW) partners last Thursday, Sunday Asade, chief operating officer, AG Leventis...
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    Business Alstom of France to run Lagos Blue Line rail system in 2022 – BusinessDay

    Lagos State Government and Alstom SA of France have sealed a deal towards the commencement of passengers’ operation of Lagos Rail Mass Transit (LRMT) Blue Line system in 2022, confirming BusinessDay’s story. BusinessDay had exclusively reported on Friday that the state government was signing …...
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    Business What we have learnt from bank earnings so far – BusinessDay

    It’s a mix of good and bad for the seven Banks that have released second quarter (Q2), 2018 results so far. A record drop in impairment on financial assets on the back of gradual improvement in the economy and gains on foreign exchange transactions … Read more via BusinessDay : News you can...
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    Business NACCIMA, MAN call for rate cut to steer 37m SMEs – BusinessDay

    Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Manufacturers Association of Nigeria (MAN) are asking the government to cut interest rate in a way that small businesses can access funding. They say micro, small and medium enterprises (MSMEs)...
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    Business ECOWAS prioritises migration in €15m pact with German Development Bank – BusinessDay

    The Commission of the Economic Community of West African States (ECOWAS) in Nigeria has signed an Aide Memoire with the German Development Bank (KfW) and the German Development Agency (GIZ) on behalf of the German Ministry for Economic Cooperation and Development (BMZ) for the … Read more via...
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    Politics APC wins by-elections in three states, as R-APC alleges of plans to impeach Saraki on Tuesday – BusinessDay

    In what could be a boost to the claim by the All Progressives Congress (APC) that it is still the preferred party for Nigerians, the party has won by-elections conducted in three different states on Saturday. The by-elections were conducted by the Independent National … Read more via...
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    Business Dive into financials may show why Staco Insurance CEO was fired – BusinessDay News

    A cursory look at trends in the financial statements of Staco Insurance Plc over the past four years may explain why Sakiru Oyefeso, the Chief Executive Officer (CEO) of the firm was fired by the Board of directors of the company. The firm last … Read more via BusinessDay : News you can...
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    Business 13 insurers qualify to operate in NAICOM’s Tier 1 category – BusinessDay News

    Thirteen insurance companies are qualified to operate in the Tier 1 category as their capital bases exceed the regulatory limits set by the National Insurance Commission of Nigeria (NAICOM). Experts are of the view that the introduction of the new rules will enable firms … Read more via...
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    Business N72bn Apapa -Oshodi road project to be funded by Dangote tax payment – BusinessDay News

    The seventy two billion naira worth of contract for the reconstruction of the Apapa Oshodi expressway in Lagos which has continued to witness high trucks and container traffic within the metropolis is to be funded by future taxes paid by the Dangote group according … Read more via BusinessDay...
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    Business Nigeria-Singapore income tax treaty to take effect Jan. 1 – BusinessDay News

    A bilateral double taxation agreement between Nigeria and Singapore generally is to take effect Jan. 1, 2019, although in Singapore, provisions regarding income taxes other than withholding taxes are to take effect Jan. 1, 2020. The treaty, also known as a DTA, is to … Read more via...
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    Business Ambode shifts Blue line rail completion to 2022 – BusinessDay : News

    Millions of residents of Lagos looking to ride in the unfolding Lagos Blue Line rail system have additional four more years to see their dream come true, if at all. This is because the Lagos State Government is now considering 2022 as the new … Read more via BusinessDay : News you can trust...
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    Business Jaiz Bank to disburse $20m SME loan before year end – BusinessDay News

    Nigeria’s foremost non-interest commercial lender, Jaiz Bank Plc has announced that it will disburse the $20 million, secured from the Islamic Development Bank (IDB) for Nigerian Small and Medium Enterprises (SMEs) before the end of the year. “We have finished all that we need … Read more via...
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    Business Nigeria rig count falls as oil prices rally – BusinessDay

    As oil prices soar, Nigeria’s rig count for the month of July hit a slight decline to 32 as against 33 rig count recorded in May, at a time the 14-member Organisation of Petroleum Exporting Countries (OPEC) also recorded a decline of minus 13 … Read more via BusinessDay : News you can trust –...
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    Business Nigeria’s palm oil imports from Malaysia dips 20% in 5 months – BusinessDay

    Nigeria has seen its palm oil imports from Malaysia declined by 20 percent between January and May 2018, owing to the high stock of crude palm oil (CPO) available at local refineries in the country, the Malaysian Palm Oil Council (MPOC) says. Data from … Read more via BusinessDay : News you...
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    Business Lack of funds, not knowledge main reason Nigerian millennial’s are not investing – BusinessDay

    Investing in financial securities may be the only way to secure a rich and prosperous future but millennial’s just aren’t taking advantage of the investment opportunities available today. Millennial’s are individuals … Read more via BusinessDay : News you can trust – https://ift.tt/2MtTq1V...
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