From the monthly archives: February 2011

Promasidor begins NASSMAC registration

On February 28, 2011 · In Finance

To further arouse the consciousness and interest in mathematics among secondary school students in Nigeria, Promasidor Nigeria Limited, Cowbell milk owner, said registration is on for the 2011 edition of the yearly Cowbell National Secondary Schools Mathematics Competition (NASSMAC).

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Iran set to build 30,000 houses in Nigeria

On February 28, 2011 · In Finance

The Islamic Republic of Iran has revealed plans to construct 30, 000 housing units in the Federal Capital Territory (FCT) and other parts of the country to reduce the problem of accommodation in the country

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Delta State under Uduaghan

On February 28, 2011 · In Viewpoint

GOVERNANCE all over the universe no doubt is an act of being able to bring to the door steps of the governed those things that could be beneficiary to them.

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Gombe: Why I’m backing Dankwambo’s candidacy- Biri, former opponent

On February 28, 2011 · In Politics

Alhaji Dahiru Bubua Biri was one of the eight gubernatorial aspirants in Gombe State on the platform of the Peoples Democratic Party (PDP).

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FMBN appoints e-payment consultant for NHF scheme

On February 28, 2011 · In Finance

The Federal Mortgage Bank of Nigeria (FMBN) has appointed a consultant to install an e-payment platform that would enable subscribers the National Housing Fund (NHF) scheme to check their contributions on-line

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These are indeed bad times for sit-tight leaders

On February 28, 2011 · In Bus Stop Parliament

From Tunisia, to Egypt, to Sudan, to Cote d’Ivoire, to Yemen, Bahrain, Libya, the list goes on. These are indeed not the best of times for sit-tight leaders the world over,” noted Iyke as the Ikeja-bound bus snaked through traffic

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Two Islamic banks, five banks mergers coming this year – CBN

On February 28, 2011 · In Finance

Deputy Governor, Financial Sector Surveillance, says Central Bank of Nigeria CBN, Dr. Kingsley Moghalu on Monday said that the banking industry will experience the merger of ten banks in a matter of weeks while two Islamic banks will likely open shop before the end of the year

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Naira not overvalued – CBN

On February 28, 2011 · In Finance

On Monday, CBN Governor,Mallam Lamido Sanusi responded to call for devaluation of the Naira by the International Monetary Fund (IMF), saying the naira is not overvalued

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Ndigbo to mobilise support for ACN in Lagos

On February 28, 2011 · In News

LAGOS State Commissioner for Finance and Budget Planning, Mr. Ben Akabueze, has constituted a 15-man committee, headed by Chief Christian Nwachukwu, to mobilize support amongst Ndigbo in Lagos State and organise rally in support of Action Congress of Nigeria, ACN, come March 17 in Lagos.

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Bus-branding identified as new Ad platform… as funding becomes major dis-incentive

On February 28, 2011 · In Finance

An expert in the field of creative work has identified Bus-branding as the next platform advertising will follow to hit top of the mind product.

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Carat Media Perspectives elevate 9 staff

On February 28, 2011 · In Finance

Carat Media Perspectives,Carat MP, has announced the appointment of new hands and promotion of seven (7) of its staff.

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Cost of funds close higher as scarcity persist *As forex demand jumps by 54%

On February 28, 2011 · In Finance

Cost of funds in the interbank money market closed higher last week as scarcity of funds intensified in the market. The naira however recorded mixed fortunes as foreign exchange demand rose by 54 per cent

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Fashola appoints 4 new Permanent Secretaries

On February 28, 2011 · In Finance

Governor Babatunde Fashola of Lagos State, had approved the appointment of four new Permanent Secretaries in the State Public Service .

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British Airways appoints Nigerian as Country Manager

On February 28, 2011 · In Finance

Speaking on the development, British Airways General Manager for Africa, Ian Petrie said: “We are proud to appoint a local as our Country Manager in Nigeria. With more than 20 years experience in the aviation industry, Olayinka comes with extensive experience to manage our business in Nigeria. He is widely respected in the industry and a great personality to work with

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